REGISTERED NUMBER: 11421162 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2024

for

Yyz Investments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M E Poonawala

Mrs S Akhtar

REGISTERED OFFICE:

Ahmed & Co

284 Station Road

Harrow

HA1 2EA

REGISTERED NUMBER:

11421162 (England and Wales)

ACCOUNTANTS:

Ahmed & Co

The Twenty One Building

21 Pinner Road

Harrow

HA1 4ES

FIXED ASSETS

Tangible assets

4

105,677

118,812

CURRENT ASSETS

Stocks

9,221

11,122

Debtors

5

45,278

61,816

Cash at bank and in hand

12,859

5,466

67,358

78,404

CREDITORS

Amounts falling due within one year

6

93,157

82,211

NET CURRENT LIABILITIES

(25,799

)

(3,807

)

TOTAL ASSETS LESS CURRENT LIABILITIES

79,878

115,005

CREDITORS

Amounts falling due after more than one year

7

(335,365

)

(332,328

)

PROVISIONS FOR LIABILITIES

(15,570

)

(18,662

)

NET LIABILITIES

(271,057

)

(235,985

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(271,157

)

(236,085

)

SHAREHOLDERS' FUNDS

(271,057

)

(235,985

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 11 October 2025 and were signed on its behalf by:

Mrs S Akhtar - Director

1.	STATUTORY INFORMATION

Yyz Investments 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Short leasehold

-

in accordance with the property

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 November 2023

75,000

174,884

249,884

Additions

-

9,661

9,661

At 31 October 2024

75,000

184,545

259,545

DEPRECIATION

At 1 November 2023

43,362

87,710

131,072

Charge for year

7,904

14,892

22,796

At 31 October 2024

51,266

102,602

153,868

NET BOOK VALUE

At 31 October 2024

23,734

81,943

105,677

At 31 October 2023

31,638

87,174

118,812

5.

DEBTORS

31.10.24

31.10.23

£

£

Amounts falling due within one year:

Trade debtors

1,358

7,396

Other debtors

13,350

13,350

Prepayments

3,500

14,000

18,208

34,746

Amounts falling due after more than one year:

Amounts owed by group undertakings

27,070

27,070

Aggregate amounts

45,278

61,816

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.24

31.10.23

£

£

Bank loans and overdrafts

5,439

7,925

Trade creditors

13,782

13,588

Taxation and social security

39,567

47,986

Other creditors

34,369

12,712

93,157

82,211

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.24

31.10.23

£

£

Bank loans

26,865

32,328

Amounts owed to group undertakings

308,500

300,000

335,365

332,328

8.	RELATED PARTY DISCLOSURES

YYZ Investments Ltd is A 100% subsidiary of Mkk Enterprises Ltd At the year end, the company owed £288000 (2019: £300,000) o Mkk enterprises Ltd.