REGISTERED NUMBER: 03653935 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

York Developments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

F Essap

Ali Mohmed

Iqbal Gani

SECRETARY:

Munaf Gani

REGISTERED OFFICE:

364-368 Cranbrook Road

Ilford

IG2 6HY

REGISTERED NUMBER:

03653935 (England and Wales)

ACCOUNTANTS:

Prestons

Chartered Accountants

364-368 Cranbrook Road

Gants Hill

Ilford

Essex

IG2 6HY

FIXED ASSETS

Tangible assets

4

85,264

-

Investment property

5

1,058,889

554,628

1,144,153

554,628

CURRENT ASSETS

Debtors

6

7,361

33,070

Cash at bank

37,599

39,910

44,960

72,980

CREDITORS

Amounts falling due within one year

7

527,674

31,940

NET CURRENT (LIABILITIES)/ASSETS

(482,714

)

41,040

TOTAL ASSETS LESS CURRENT LIABILITIES

661,439

595,668

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

661,339

595,568

SHAREHOLDERS' FUNDS

661,439

595,668

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 directors acknowledge their 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 Board of Directors and authorised for issue on 26 September 2025 and were signed on its behalf by:

F Essap - Director

1.	STATUTORY INFORMATION

York Developments Limited 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.

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.

Tangible fixed assets

Depreciation is charged at an annual rate of 25% using the straight-line method to write off the value of Plant & Machinery over its estimated useful life.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Going concern

The total current liabilities exceed the total current assets of the company as at 31 December 2024. The directors have confirmed that the company will have continuous support from the creditors. The directors are confident that the company has sufficient resources to trade as a going concern. It is for these reasons the accounts have been prepared as a going concern basis.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

113,686

At 31 December 2024

113,686

DEPRECIATION

Charge for year

28,422

At 31 December 2024

28,422

NET BOOK VALUE

At 31 December 2024

85,264

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

554,628

Additions

504,261

At 31 December 2024

1,058,889

NET BOOK VALUE

At 31 December 2024

1,058,889

At 31 December 2023

554,628

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

as restated

£

£

Other debtors

7,361

33,070

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

as restated

£

£

Taxation and social security

-

8,531

Other creditors

527,674

23,409

527,674

31,940

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

as restated

£

£

100

Ordinary Share

100

100

100

9.

RESERVES

Retained

earnings

£

At 1 January 2024

561,068

Prior year adjustment

34,500

595,568

Profit for the year

65,771

At 31 December 2024

661,339