REGISTERED NUMBER: 09356446 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

Y B MANAGEMENT LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

I Erlich

REGISTERED OFFICE:

115 Craven Park Road

South Tottenham

London

N15 6BL

REGISTERED NUMBER:

09356446 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Tangible assets

5

80

119

CURRENT ASSETS

Debtors

6

149,124

128,911

Cash at bank

20

1,246

149,144

130,157

CREDITORS

Amounts falling due within one year

7

(86,235

)

(53,485

)

NET CURRENT ASSETS

62,909

76,672

TOTAL ASSETS LESS CURRENT LIABILITIES

62,989

76,791

CREDITORS

Amounts falling due after more than one year

8

(17,516

)

(28,829

)

NET ASSETS

45,473

47,962

CAPITAL AND RESERVES

Called up share capital

11

1

1

Retained earnings

12

45,472

47,961

SHAREHOLDERS' FUNDS

45,473

47,962

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 September 2025 and were signed by:

I Erlich - Director

1.	STATUTORY INFORMATION

Y B Management 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on reducing balance

4.	EMPLOYEES AND DIRECTORS

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

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2024

and 31 December 2024

2,578

DEPRECIATION

At 1 January 2024

2,459

Charge for year

39

At 31 December 2024

2,498

NET BOOK VALUE

At 31 December 2024

80

At 31 December 2023

119

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other debtors

149,124

128,911

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts (see note 9)

4,081

4,919

Social security and other taxes

485

485

Other creditors

79,045

44,317

Directors' current accounts

2,084

2,084

Accrued expenses

540

1,680

86,235

53,485

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Other loans (see note 9)

17,516

28,829

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

17,516

28,829

9.

LOANS

An analysis of the maturity of loans is given below:

31.12.24

31.12.23

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

4,081

4,919

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

17,516

28,829

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Bank overdrafts

4,081

4,919

Other loans

17,516

28,829

21,597

33,748

Under the bank loan, £17,516 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

31.12.24

31.12.23

value:

£

£

1

Ordinary

£1

1

1

12.

RESERVES

Retained

earnings

£

At 1 January 2024

47,961

Deficit for the year

(2,489

)

At 31 December 2024

45,472

13.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr Simcha Teitelbaum.