Company Registration No. 12082212 (England and Wales)
YOLO Properties Limited
Unaudited accounts
for the year ended 31 July 2024
YOLO Properties Limited
Unaudited accounts
Contents
YOLO Properties Limited
Company Information
for the year ended 31 July 2024
Company Number
12082212 (England and Wales)
Registered Office
1 FORMBY AVENUE
FLEETWOOD
FY7 8HZ
ENGLAND
Accountants
Tax Ninja Limited
39 Mullein Road
Bicester
Oxfordshire
OX26 3WF
YOLO Properties Limited
Statement of financial position
as at 31 July 2024
Investment property
858,293
1,458,293
Investments
257,312
257,312
Cash at bank and in hand
1,068,451
8,255
Creditors: amounts falling due within one year
(185,856)
(236,818)
Net current assets/(liabilities)
882,595
(228,563)
Net assets
1,998,200
1,487,042
Called up share capital
120
120
Profit and loss account
1,998,080
1,486,922
Shareholders' funds
1,998,200
1,487,042
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 December 2024 and were signed on its behalf by
Yello Balolia
Director
Company Registration No. 12082212
YOLO Properties Limited
Notes to the Accounts
for the year ended 31 July 2024
YOLO Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 12082212. The registered office is 1 FORMBY AVENUE, FLEETWOOD, FY7 8HZ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 August 2023
1,458,293
5
Investments
Subsidiary undertakings
Other investments
Total
Valuation at 1 August 2023
80
257,232
257,312
Valuation at 31 July 2024
80
257,232
257,312
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
173
9,568
Loans from directors
185,303
226,602
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
15 Ordinary A of £1 each
15
15
5 Ordinary B of £1 each
5
5
YOLO Properties Limited
Notes to the Accounts
for the year ended 31 July 2024
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).