10866039falserenting of residential accommodation2023-08-012024-07-31http://www.companieshouse.gov.uk/2023-07-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-07-31http://www.companieshouse.gov.uk/cd:Director12023-08-012024-07-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-07-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-08-012024-07-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-08-012024-07-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-08-012024-07-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-07-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-07-31http://www.companieshouse.gov.uk/2023-08-012024-07-31http://www.companieshouse.gov.uk/2023-07-31http://www.companieshouse.gov.uk/cd:FRS1022023-08-012024-07-31http://www.companieshouse.gov.uk/2024-07-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-08-012024-07-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-08-012024-07-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 10866039

Your Team Properties Limited

ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2024

Prepared By:
Willow Accounting & Consultancy
Chartered Certified Accountants
47a Commercial Road
Poole
Dorset
BH14 0HU

Your Team Properties Limited

ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2024
DIRECTORS
Sam Dickie
REGISTERED OFFICE
47a Commercial Road
Ashley Cross
Poole
Dorset
BH14 0HU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 10866039
ACCOUNTANTS
Willow Accounting & Consultancy
Chartered Certified Accountants
47a Commercial Road
Poole
Dorset
BH14 0HU

Your Team Properties Limited

ACCOUNTS
FOR THEYEARENDED31 JULY 2024
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Your Team Properties Limited

BALANCE SHEET AT 31 July 2024
20242023
Notes££
FIXED ASSETS
Tangible assets2,220,2632,271,263
CURRENT ASSETS
Debtors31,2172,876
Cash at bank and in hand3,8545,429
5,0718,305
CREDITORS: Amounts falling due within one year4738,056846,860
NET CURRENT LIABILITIES(732,985)(838,555)
TOTAL ASSETS LESS CURRENT LIABILITIES1,487,2781,432,708
CREDITORS: Amounts falling due after more than one year51,343,4621,205,768
PROVISIONS FOR LIABILITIES AND CHARGES747,63458,038
NET ASSETS96,182168,902
CAPITAL AND RESERVES
Called up share capital811
Profit and loss account96,181168,901
SHAREHOLDERS' FUNDS96,182168,902
For the year ending 31 July 2024 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 29 April 2025 and signed on their behalf by
.............................
Sam Dickie
Director

Your Team Properties Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Investment Properties
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.
1c. Turnover
Turnover represents the rent receivable from investment properties and services rendered, net of value added tax.
2. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 1 August 20232,271,2632,271,263
Revaluation(51,000)(51,000)
At 31 July 20242,220,2632,220,263
The director has provided fair value estimates for investment properties as at 31 July 2024.
3. DEBTORS 20242023
££
Amounts falling due within one year
Prepayments1,2172,876
1,2172,876

Your Team Properties Limited

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
PAYE control16796
Directors current account676,227787,548
Bank loan (unsecured)5,5565,556
Loans1,500-
Trade creditors5,9323,309
Accruals2,9462,386
Rent deposits7,6877,687
Amounts due to connected companies38,04140,278
738,056846,860
Amounts due to connected companies relates to finance both received and provided to a company in which Sam Dickie is both a director and shareholder.
5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loan (unsecured) 27,31532,866
Mortgage1,316,1471,172,902
1,343,4621,205,768
The mortgages are secured on the investment properties and are interest only. The principal is repayable in February 2029, December 2042, January 2047 and March 2048.
6. EMPLOYEES
20242023
No.No.
Average number of employees11
7. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation47,63458,038
47,63458,038

Your Team Properties Limited

8. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
1 Ordinary shares of £1 each11
11
9. OTHER FINANCIAL COMMITMENTS
At 31 July 2024 the company was committed to making the following payments under non-cancellable operating leases:
20242023
££
Operating Leases which expire:
Within one year-7,000