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REGISTERED NUMBER: 09802478 (England and Wales)










Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Yellow Tree Properties Ltd

Yellow Tree Properties Ltd (Registered number: 09802478)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Yellow Tree Properties Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTOR: D Corti





REGISTERED OFFICE: 9 Koops Mill Mews
London
England
SE1 2SH





REGISTERED NUMBER: 09802478 (England and Wales)





ACCOUNTANTS: Ledger Sparks Limited
Airport House
Suite 43-45
Purley Way
Croydon
CR0 0XZ

Yellow Tree Properties Ltd (Registered number: 09802478)

Balance Sheet
30 September 2024

2024 2023
Notes £    £   
FIXED ASSETS
Investment property 4 264,807 261,927

CURRENT ASSETS
Debtors 5 24,971 1,790
Cash at bank and in hand 420 730
25,391 2,520
CREDITORS
Amounts falling due within one year 6 (32,279 ) (190,046 )
NET CURRENT LIABILITIES (6,888 ) (187,526 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

257,919

74,401

CREDITORS
Amounts falling due after more than one year 7 (283,141 ) (105,792 )
NET LIABILITIES (25,222 ) (31,391 )

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 8 (25,225 ) (31,394 )
(25,222 ) (31,391 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Yellow Tree Properties Ltd (Registered number: 09802478)

Balance Sheet - continued
30 September 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 May 2025 and were signed by:





D Corti - Director


Yellow Tree Properties Ltd (Registered number: 09802478)

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

1. STATUTORY INFORMATION

Yellow Tree Properties Ltd 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 (£).


The principal activity of the company is that of buying & selling of own estate, letting and operating own/leased real estate & management agents for real estate properties.

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 recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover comprises revenue recognised by the company in respect of rent receivable and other income from the letting and management of land and property owned by the company during the year.

INVESTMENT PROPERTY
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

FINANCIAL INSTRUMENTS
The company only enters into basic financial transactions that result in recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from bank and other third parties, loans to related parties and investments in non-puttable ordinary shares.

TAXATION
The tax expense represents the sum of the tax currently payable and deferred tax.

CURRENT TAX
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

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

GOING CONCERN
At the balance sheet date, liabilities exceed assets by £25,222 (2023 - £31,391). However the financial statements have been prepared on a going concern basis as the company has the continuing support from its director and shareholder. The director is therefore satisfied that the financial statements have been correctly prepared on the going concern basis.

Yellow Tree Properties Ltd (Registered number: 09802478)

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

2. ACCOUNTING POLICIES - continued

PROVISIONS FOR LIABILITIES
Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the statement of income and retained earnings in the year that the company becomes aware of the obligation and are measured at the best estimate at the Balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in Balance sheet.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023 261,927
Additions 2,880
At 30 September 2024 264,807
NET BOOK VALUE
At 30 September 2024 264,807
At 30 September 2023 261,927

The fair value of the investment property has been arrived at on the basis of a valuation carried out by the director at the balance sheet date based on their opinion of the open market value at that date.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 11,700 1,500
Amounts owed by associates 10,602 -
Other debtors 2,669 290
24,971 1,790

The director considers the carrying value of trade and other receivables approximate to their fair values.

Yellow Tree Properties Ltd (Registered number: 09802478)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 29,819 21,101
Amounts owed to associates - 54,792
Other creditors 2,460 114,153
32,279 190,046

The director considers the carrying amounts of current liabilities approximate to their fair values.

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 283,141 105,792

The director considers the carrying amounts of current liabilities approximate to their fair values.

8. RESERVES

PROFIT AND LOSS RESERVES

The Profit and loss account comprises all current and prior period retained profit and losses after deducting any distributions made to the company's shareholders. This is a distributable reserve.

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
D Corti
Balance outstanding at start of year (111,783 ) (186,783 )
Amounts advanced 111,783 75,000
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - (111,783 )

Yellow Tree Properties Ltd (Registered number: 09802478)

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

10. RELATED PARTY DISCLOSURES

At the balance sheet date, included in other creditors were the amount due to director of Nil (2023 - £111,783).

At the balance sheet date, amounts owed by associate companies were due from Goldenway Projects Ltd of £10,602 (2023 - £54,792 amount due to), a company under common control.

At the balance sheet date, included in trade debtors were the amount due from Goldenway Projects Ltd of £11,700 (2023 - 1,500), a company under common control.

At balance sheet date, included in trade creditors were the amount due to Goldenway Projects Ltd of £29,820 (2023 - £21,040), a company under common control.