YPG CONSTRUCT LIMITED

YPG CONSTRUCT LIMITED
Statement of Financial Position
As at 30 April 2025

	2025		2024
	£	£	£	£
Current assets	32,087		37,881
Creditors: amount falling due within one year	(2,702)		(2,089)
Net current assets		29,385		35,792
Total assets less current liabilities		29,385		35,792
Creditors: amount falling due after more than one year		(29,171)		(35,560)
Provisions for liabilities		(114)		(47)
Net assets		100		185


Capital and reserves		100		185

NOTES TO THE ACCOUNTS

General Information

YPG CONSTRUCT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10740026, registration address 5 EDWINA GARDENS, ILFORD, IG4 5BS.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

2.	Average number of employees Average number of employees during the year was 2 (2024 : 2).

3.	Director’s loan

Ionut Pavel

During the period, the company made a short-term loan to the director amounting to £35,000 for the purposes of a house improvements. Interest at the rate of 2.50% per annum is payable half-yearly and the loan is repayable on 30 April 2026.

For the year ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 05 September 2025 and were signed by:

--------------------------------
Ionut Pavel
Director

Registered Number: 10740026
England and Wales
YPG CONSTRUCT LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 May 2024 End date: 30 April 2025