REGISTERED NUMBER: 13935955 (England and Wales)

YUCO PROPERTIES LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs Y T Yu

D M H Yu

REGISTERED OFFICE:

5 Imperial Court

Laporte Way

Luton

Bedfordshire

LU4 8FE

REGISTERED NUMBER:

13935955 (England and Wales)

ACCOUNTANTS:

Miller & Co

Chartered Accountants

5 Imperial Court

Laporte Way

Luton

Bedfordshire

LU4 8FE

FIXED ASSETS

Intangible assets

5

(576,480

)

(602,320

)

Investment property

6

652,704

652,704

76,224

50,384

CURRENT ASSETS

Debtors

7

-

201

Cash at bank

25,272

19,941

25,272

20,142

CREDITORS

Amounts falling due within one year

8

7,414

4,070

NET CURRENT ASSETS

17,858

16,072

TOTAL ASSETS LESS CURRENT LIABILITIES

94,082

66,456

CAPITAL AND RESERVES

Called up, paid and allotted share capital

305

305

Retained earnings

93,777

66,151

SHAREHOLDERS' FUNDS

94,082

66,456

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 October 2025 and were signed on its behalf by:

D M H Yu - Director

1.	STATUTORY INFORMATION

Yuco Properties 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, rounded to the nearest pound.

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.

Intangible fixed assets

Negative goodwill arose on the acquisition of the investment properties during the year ended 31 March 2023. Under FRS 102, the negative goodwill is recognised in the income statement in the periods expected to be benefited. The rate of amortisation of the negative goodwill is 4%.

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

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

(646,000

)

AMORTISATION

At 1 April 2024

(43,680

)

Charge for year

(25,840

)

At 31 March 2025

(69,520

)

NET BOOK VALUE

At 31 March 2025

(576,480

)

At 31 March 2024

(602,320

)

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

652,704

NET BOOK VALUE

At 31 March 2025

652,704

At 31 March 2024

652,704

Investment properties were valued on an open market basis on 31 March 2025 by the directors.

If investment properties had not been revalued they would have been included at historical cost totalling £652,704

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

-

201

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

3,923

3,062

Other creditors

3,491

1,008

7,414

4,070

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

D M H Yu and Mrs Y T Yu

Balance outstanding at start of year

201

4,656

Amounts repaid

(2,636

)

(4,455

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(2,435

)

201

10.	RELATED PARTY DISCLOSURES

The directors operate a loan account with the company, which is interest free and repayable on demand. Transactions of which can be found in the table above.