Y K DEVELOPMENTS LIMITED

Company Registration Number:
07189775 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

Y K DEVELOPMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

Y K DEVELOPMENTS LIMITED

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Current assets
Stocks: 502,501 502,501
Cash at bank and in hand: 12,535 12,806
Total current assets: 515,036 515,307
Net current assets (liabilities): 515,036 515,307
Total assets less current liabilities: 515,036 515,307
Creditors: amounts falling due after more than one year:   (262,538) (261,922)
Total net assets (liabilities): 252,498 253,385
Capital and reserves
Called up share capital: 9 9
Profit and loss account: 252,489 253,376
Shareholders funds: 252,498 253,385

The notes form part of these financial statements

Y K DEVELOPMENTS LIMITED

Balance sheet statements

For the year ending 31 March 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 07 August 2025
and signed on behalf of the board by:

Name: A Kennerson
Status: Director

The notes form part of these financial statements

Y K DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Other accounting policies

Stocks Stocks are the property purchase and redevelopment costs valued at the lower of cost and net realisable value. 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. Going concern The director has considered the financial position of the company and believe it is well placed to manage its business risks successfully. The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the going concern basis of preparation in preparing the financial statements will continue to be adopted.

Y K DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 2 2

Y K DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Post balance sheet events

During the year the company was controlled by Mr A Kennerson. The director, Mr A Kennerson, has provided the finance for the building development and at the year end was owed £239,072 by the company.