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REGISTERED NUMBER: 04889730 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

YARDHILL LTD

YARDHILL LTD (REGISTERED NUMBER: 04889730)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


YARDHILL LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: S Frand





SECRETARY: M Lipschutz





REGISTERED OFFICE: 115 Craven Park Road
Stamford Hill
London
N15 6BL





REGISTERED NUMBER: 04889730 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

YARDHILL LTD (REGISTERED NUMBER: 04889730)

STATEMENT OF FINANCIAL POSITION
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,158 1,365
Investment property 5 702,700 702,700
703,858 704,065

CURRENT ASSETS
Debtors 6 363,745 417,155
Cash at bank 37,190 24,245
400,935 441,400
CREDITORS
Amounts falling due within one year 7 (230,353 ) (240,233 )
NET CURRENT ASSETS 170,582 201,167
TOTAL ASSETS LESS CURRENT
LIABILITIES

874,440

905,232

CREDITORS
Amounts falling due after more than one
year

8

(327,589

)

(338,910

)

PROVISIONS FOR LIABILITIES (19,000 ) (19,000 )
NET ASSETS 527,851 547,322

CAPITAL AND RESERVES
Called up share capital 11 1 1
Revaluation reserve 12 132,190 132,190
Fair value reserve 12 100,000 100,000
Retained earnings 12 295,660 315,131
SHAREHOLDERS' FUNDS 527,851 547,322

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 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.

YARDHILL LTD (REGISTERED NUMBER: 04889730)

STATEMENT OF FINANCIAL POSITION - 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 June 2025 and were signed by:





S Frand - Director


YARDHILL LTD (REGISTERED NUMBER: 04889730)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Yardhill 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 (£).


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 as modified by the revaluation of certain assets.

Turnover
Turnover represents net rent receivable, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 13,293 550 13,843
DEPRECIATION
At 1 October 2023 11,938 540 12,478
Charge for year 204 3 207
At 30 September 2024 12,142 543 12,685
NET BOOK VALUE
At 30 September 2024 1,151 7 1,158
At 30 September 2023 1,355 10 1,365

YARDHILL LTD (REGISTERED NUMBER: 04889730)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 702,700
NET BOOK VALUE
At 30 September 2024 702,700
At 30 September 2023 702,700

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2016 132,190
Valuation in 2021 100,000
Cost 470,510
702,700

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Other debtors 363,745 417,155

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Tax - 9,227
Other creditors 226,804 227,457
Directors' current accounts 2,229 2,229
Accrued expenses 1,320 1,320
230,353 240,233

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans (see note 9) 315,928 320,248
Other loans (see note 9) 11,661 18,662
327,589 338,910

Amounts falling due in more than five years:

Repayable by instalments
Bank loans 315,928 320,248

YARDHILL LTD (REGISTERED NUMBER: 04889730)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

9. LOANS

An analysis of the maturity of loans is given below:

30.9.24 30.9.23
£    £   
Amounts falling due between two and five years:
Other loans - 2-5 years 11,661 18,662

Amounts falling due in more than five years:

Repayable by instalments
Bank loans 315,928 320,248

10. SECURED DEBTS

The following secured debts are included within creditors:

30.9.24 30.9.23
£    £   
Bank loans 315,928 320,248
Other loans 11,661 18,662
327,589 338,910

1. The bank loans and overdrafts are secured by a first charge over the company's investment properties and bear interest at variable rates.

2. Under the bank loan, £11,661 was received under Bounce back Loan Scheme (BBL). The loan is unsecured, interest free for the first year, then capped at 2.5% afterwards and backed by HM Government.

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
1 Ordinary £1 1 1

12. RESERVES
Fair
Retained Revaluation value
earnings reserve reserve Totals
£    £    £    £   

At 1 October 2023 315,131 132,190 100,000 547,321
Deficit for the year (19,471 ) (19,471 )
At 30 September 2024 295,660 132,190 100,000 527,850

13. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S Frand.