IRIS Accounts Production v25.1.4.42 08617169 director 1.8.23 31.7.24 31.7.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh086171692023-07-31086171692024-07-31086171692023-08-012024-07-31086171692022-07-31086171692022-08-012023-07-31086171692023-07-3108617169ns15:EnglandWales2023-08-012024-07-3108617169ns14:PoundSterling2023-08-012024-07-3108617169ns10:Director12023-08-012024-07-3108617169ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3108617169ns10:SmallEntities2023-08-012024-07-3108617169ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3108617169ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3108617169ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3108617169ns10:FullAccounts2023-08-012024-07-3108617169ns5:CurrentFinancialInstruments2024-07-3108617169ns5:CurrentFinancialInstruments2023-07-3108617169ns5:Non-currentFinancialInstruments2024-07-3108617169ns5:Non-currentFinancialInstruments2023-07-3108617169ns5:ShareCapital2024-07-3108617169ns5:ShareCapital2023-07-3108617169ns5:RevaluationReserve2024-07-3108617169ns5:RevaluationReserve2023-07-3108617169ns5:RetainedEarningsAccumulatedLosses2024-07-3108617169ns5:RetainedEarningsAccumulatedLosses2023-07-3108617169ns10:RegisteredOffice2023-08-012024-07-3108617169ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3108617169ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-3108617169ns5:RevaluationReserve2023-07-31
REGISTERED NUMBER: 08617169 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

YORK AVENUE INVESTMENTS LIMITED

YORK AVENUE INVESTMENTS LIMITED (REGISTERED NUMBER: 08617169)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024










Page

Statement of Financial Position 1

Notes to the Financial Statements 2


YORK AVENUE INVESTMENTS LIMITED (REGISTERED NUMBER: 08617169)

STATEMENT OF FINANCIAL POSITION
31 JULY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 710,000 710,000

CURRENT ASSETS
Debtors 5 147 147
Cash at bank 6,281 2,130
6,428 2,277
CREDITORS
Amounts falling due within one year 6 161,599 165,572
NET CURRENT LIABILITIES (155,171 ) (163,295 )
TOTAL ASSETS LESS CURRENT LIABILITIES 554,829 546,705

CREDITORS
Amounts falling due after more than one year 7 (246,895 ) (249,926 )

PROVISIONS FOR LIABILITIES (42,213 ) (42,213 )
NET ASSETS 265,721 254,566

CAPITAL AND RESERVES
Called up share capital 18 18
Revaluation reserve 8 184,343 184,343
Retained earnings 81,360 70,205
265,721 254,566

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

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 10 July 2025 and were signed by:





Mr A L Sherwood - Director


YORK AVENUE INVESTMENTS LIMITED (REGISTERED NUMBER: 08617169)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024


1. STATUTORY INFORMATION

York Avenue Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08617169

Registered office: The Little Globe
153 Edward Street
Brighton
East Sussex
BN2 0JG

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.

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.

Where fair value cannot be achieved without undue cost or effort, investment property is accounted for as
property, plant and equipment.

Financial instruments
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs.
Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2023
and 31 July 2024 710,000
NET BOOK VALUE
At 31 July 2024 710,000
At 31 July 2023 710,000

YORK AVENUE INVESTMENTS LIMITED (REGISTERED NUMBER: 08617169)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


4. INVESTMENT PROPERTY - continued

Fair value at 31 July 2024 is represented by:
£   
Valuation in 2017 138,556
Valuation in 2018 38,000
Valuation in 2021 140,000
Valuation in 2022 (25,000 )
Valuation in 2023 (65,000 )
Cost 483,444
710,000

The investment properties were valued at open market value by the directors at the company's year-end.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 147 147

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 3,154 2,959
Taxation and social security 2,617 2,833
Other creditors 155,828 159,780
161,599 165,572

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 246,895 249,926

8. RESERVES
Revaluation
reserve
£   
At 1 August 2023
and 31 July 2024 184,343