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Registered number: 11219308

YBM Properties Limited

ACCOUNTS

FOR THE YEAR ENDED 28/02/2025

Prepared By:

Albeck Limited

Chartered Accountants

49 Mowbray Road

Edgware

Middlesex

HA8 8JL

YBM Properties Limited

ACCOUNTS

FOR THE YEAR ENDED 28/02/2025

DIRECTORS

Alexander Matyas

REGISTERED OFFICE

24 St Andrews Grove

Stamford Hill

London

N16 5NE

COMPANY DETAILS

Private company limited by shares registered in EW - England and Wales, registered number 11219308

BANKERS

Barclays

ACCOUNTANTS

Albeck Limited

Chartered Accountants

49 Mowbray Road

Edgware

Middlesex

HA8 8JL

YBM Properties Limited

ACCOUNTS
FOR THEYEARENDED28/02/2025
CONTENTS
		Page
Directors' Report		-
Accountants' Report		-
Statement Of Comprehensive Income		-
Balance Sheet		3
Notes To The Accounts		4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account		-
Profit And Loss Account Summaries		-

YBM Properties Limited

BALANCE SHEET AT 28/02/2025
						2025				2024
		Notes				£				£
FIXED ASSETS
Tangible assets						600,000				600,000
CURRENT ASSETS
Debtors		3		-				10,345
Cash at bank and in hand				16,652				725
				16,652				11,070
CREDITORS: Amounts falling due within one year		4		215,246				204,126
NET CURRENT LIABILITIES						(198,594)				(193,056)
TOTAL ASSETS LESS CURRENT LIABILITIES						401,406				406,944
CREDITORS: Amounts falling due after more than one year		5				412,416				422,316
PROVISIONS FOR LIABILITIES AND CHARGES		7				5,490				5,490
NET LIABILITIES						(16,500)				(20,862)
CAPITAL AND RESERVES
Called up share capital		8				100				100
Profit and loss account						(16,600)				(20,962)
SHAREHOLDERS' FUNDS						(16,500)				(20,862)
For the year ending 28/02/2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 11/07/2025 and signed on their behalf by
.............................
Alexander Matyas
Director

YBM Properties Limited

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 28/02/2025

1. ACCOUNTING POLICIES

1a. Basis Of Accounting

The accounts have been prepared under the historical cost convention.

The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

1b. Investment Properties

Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.

1c. Property Provisions

Where properties are no longer utilised in the business a provision is recorded if the future expected cash outflows exceed any inflow from rental income The provision is discounted in line with the requirements of FRS12.

2. INVESTMENT PROPERTIES
		Investment
		Properties		Total
		£		£
Fair value
At 29/02/2024		600,000		600,000
At 28/02/2025		600,000		600,000

3. DEBTORS				2025		2024
				£		£
Amounts falling due within one year
Trade debtors				-		945
Prepayments				-		9,400
				-		10,345

YBM Properties Limited

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				2025		2024
				£		£
Other creditors				214,166		203,046
Accruals				1,080		1,080
				215,246		204,126

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
				2025		2024
				£		£
Bank loans (unsecured) >1yr				12,375		22,275
Bank loans (secured) >1yr				400,041		400,041
				412,416		422,316

6. EMPLOYEES
				2025		2024
				No.		No.
Average number of employees				-		-

7. PROVISIONS FOR LIABILITIES				2025		2024
				£		£
Deferred taxation				5,490		5,490
				5,490		5,490

YBM Properties Limited

8. SHARE CAPITAL				2025		2024
				£		£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each				100		100
				100		100

9. RELATED PARTY TRANSACTIONS

During the year, certain loans were advanced to the company by the director, A Matyas. The loans are interest free and repayable on demand. At the year end, the balance due to the director totalled £104,167 (2024: £93,047).