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REGISTERED NUMBER: 07275582 (England and Wales)















Financial Statements for the Year Ended 30 June 2024

for

Y M & M Limited

Y M & M Limited (Registered number: 07275582)

Contents of the Financial Statements
for the Year Ended 30 June 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Y M & M Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: Ms E M Sun





REGISTERED OFFICE: 238 Station Road
Addlestone
Surrey
KT15 2PS





REGISTERED NUMBER: 07275582 (England and Wales)





ACCOUNTANTS: CSL Partnership Limited
Chartered Certified Accountants
238 Station Road
Addlestone
Surrey
KT15 2PS

Y M & M Limited (Registered number: 07275582)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 3,075 5,807
Investment property 5 450,000 450,000
453,075 455,807

CURRENT ASSETS
Debtors 6 7,405 2,047
Cash at bank 102,435 131,399
109,840 133,446
CREDITORS
Amounts falling due within one year 7 (156,922 ) (148,077 )
NET CURRENT LIABILITIES (47,082 ) (14,631 )
TOTAL ASSETS LESS CURRENT LIABILITIES 405,993 441,176

CREDITORS
Amounts falling due after more than one
year

8

(253,928

)

(253,928

)

PROVISIONS FOR LIABILITIES (15,340 ) (15,340 )
NET ASSETS 136,725 171,908

CAPITAL AND RESERVES
Called up share capital 100 100
Other reserves 145,258 145,258
Retained earnings (8,633 ) 26,550
136,725 171,908

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Y M & M Limited (Registered number: 07275582)

Balance Sheet - continued
30 June 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 March 2025 and were signed by:





Ms E M Sun - Director


Y M & M Limited (Registered number: 07275582)

Notes to the Financial Statements
for the Year Ended 30 June 2024


1. STATUTORY INFORMATION

Y M & M Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Y M & M Limited (Registered number: 07275582)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


2. ACCOUNTING POLICIES - continued

Other operating income
Other operating income represents rental income receivable on investment properties under letting agreements. The income is recognised on a straight line basis over the period of the letting agreement.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 July 2023
and 30 June 2024 7,189 10,924 18,113
DEPRECIATION
At 1 July 2023 7,189 5,117 12,306
Charge for year - 2,732 2,732
At 30 June 2024 7,189 7,849 15,038
NET BOOK VALUE
At 30 June 2024 - 3,075 3,075
At 30 June 2023 - 5,807 5,807

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023
and 30 June 2024 450,000
NET BOOK VALUE
At 30 June 2024 450,000
At 30 June 2023 450,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Tax 7,405 2,047

Y M & M Limited (Registered number: 07275582)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Tax - 9,771
Directors' current accounts 155,752 137,136
Accrued expenses 1,170 1,170
156,922 148,077

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.6.24 30.6.23
£    £   
Directors' loan accounts 253,928 253,928