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REGISTERED NUMBER: 13582533 (England and Wales)














Financial Statements for the Year Ended 31 August 2024

for

YLS Property Limited

YLS Property Limited (Registered number: 13582533)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


YLS Property Limited

Company Information
for the Year Ended 31 August 2024







DIRECTOR: Mr Y Sade Lichtenfeld





REGISTERED OFFICE: The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY





REGISTERED NUMBER: 13582533 (England and Wales)





ACCOUNTANTS: Nordens
The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY

YLS Property Limited (Registered number: 13582533)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 13,319 17,759

CURRENT ASSETS
Debtors 5 1,278 -
Cash at bank 5,792 15,366
7,070 15,366
CREDITORS
Amounts falling due within one year 6 32,770 32,596
NET CURRENT LIABILITIES (25,700 ) (17,230 )
TOTAL ASSETS LESS CURRENT LIABILITIES (12,381 ) 529

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (12,481 ) 429
(12,381 ) 529

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

YLS Property Limited (Registered number: 13582533)

Balance Sheet - continued
31 August 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 5 April 2025 and were signed by:





Mr Y Sade Lichtenfeld - Director


YLS Property Limited (Registered number: 13582533)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

YLS Property 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.

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
Turnover 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.
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

YLS Property Limited (Registered number: 13582533)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 September 2023
and 31 August 2024 22,495 1,578 24,073
DEPRECIATION
At 1 September 2023 5,624 690 6,314
Charge for year 4,218 222 4,440
At 31 August 2024 9,842 912 10,754
NET BOOK VALUE
At 31 August 2024 12,653 666 13,319
At 31 August 2023 16,871 888 17,759

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Other debtors 1,278 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Amounts owed to associates 32,595 32,595
Other creditors 175 1
32,770 32,596