| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Period 27 April 2023 to 30 June 2024 |
| for |
| YB8 Ltd |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Period 27 April 2023 to 30 June 2024 |
| for |
| YB8 Ltd |
| YB8 Ltd (Registered number: 14833006) |
| Contents of the Financial Statements |
| for the Period 27 April 2023 to 30 June 2024 |
| Page |
| Balance Sheet | 1 |
| Notes to the Financial Statements | 2 |
| YB8 Ltd (Registered number: 14833006) |
| Balance Sheet |
| 30 June 2024 |
| Notes | £ |
| CURRENT ASSETS |
| Stocks |
| Debtors | 4 |
| Cash in hand |
| CREDITORS |
| Amounts falling due within one year | 5 | ( |
) |
| NET CURRENT LIABILITIES | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) |
| ( |
) |
| The directors acknowledge their 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. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| YB8 Ltd (Registered number: 14833006) |
| Notes to the Financial Statements |
| for the Period 27 April 2023 to 30 June 2024 |
| 1. | STATUTORY INFORMATION |
| YB8 Ltd is a |
| Registered number: |
| Registered office: |
| 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. |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| Stocks consist of properties unsold at the period end which are valued at the lower of cost and net realisable value. |
| Going concern |
| The balance sheet at the end of the period recorded net liabilities. However, the director believes that sufficient financial resources are available to the company to enable it to continue trading into the foreseeable future. Therefore, the financial statements have been prepared on a going concern basis. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Amounts owed by group undertakings |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Bank loans and overdrafts |
| Trade creditors |
| Amounts owed to group undertakings |
| Other creditors |
| 6. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| £ |
| Other creditors | 2,171,139 |
| The loan is secured on the stock property held by the company. |