Registered number
12320481
Yaad Capital Ltd
Filleted Accounts
30 November 2024
Yaad Capital Ltd
Registered number: 12320481
Balance Sheet
as at 30 November 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 187,469 189,464
Current assets
Cash at bank and in hand 664 5,108
Creditors: amounts falling due within one year 4 (51,292) (55,903)
Net current liabilities (50,628) (50,795)
Total assets less current liabilities 136,841 138,669
Creditors: amounts falling due after more than one year 5 (166,360) (172,307)
Net liabilities (29,519) (33,638)
Capital and reserves
Called up share capital 1 1
Revaluation reserve 6 26,250 26,250
Profit and loss account (55,770) (59,889)
Shareholders' funds (29,519) (33,638)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Ramone Williams
Director
Approved by the board on 28 August 2025
Yaad Capital Ltd
Notes to the Accounts
for the year ended 30 November 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover comprises rental income received during the year from properties owned by the company and let to tenants under formal tenancy agreements. Income is recognised on an accruals basis in accordance with the terms of the lease.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 December 2023 194,047
At 30 November 2024 194,047
Depreciation
At 1 December 2023 4,583
Charge for the year 1,995
At 30 November 2024 6,578
Net book value
At 30 November 2024 187,469
At 30 November 2023 189,464
Freehold land and buildings: 2024 2023
£ £
Historical cost 67,141 67,141
Cumulative depreciation based on historical cost 5,372 4,029
61,769 63,112
4 Creditors: amounts falling due within one year 2024 2023
£ £
Accruals 588 540
Other creditors 50,704 55,363
51,292 55,903
5 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 166,360 172,307
6 Revaluation reserve 2024 2023
£ £
At 1 December 2023 26,250 26,250
At 30 November 2024 26,250 26,250
7 Other information
Yaad Capital Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Mailbox 819,
37 Westminster Buildings Theatre Square,
Nottingham,
NG1 6LG
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