BrightAccountsProduction v1.0.0 v1.0.0 2024-03-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company was that of property rental. The company incorporated on 26 February 2024 and commenced trading on 1st March 2024. 15 October 2025 0 15521038 2025-02-28 15521038 2024-02-29 15521038 2024-03-01 2025-02-28 15521038 uk-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 15521038 uk-curr:PoundSterling 2024-03-01 2025-02-28 15521038 uk-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 15521038 uk-bus:FullAccounts 2024-03-01 2025-02-28 15521038 uk-bus:Director1 2024-03-01 2025-02-28 15521038 uk-bus:Director2 2024-03-01 2025-02-28 15521038 uk-bus:RegisteredOffice 2024-03-01 2025-02-28 15521038 uk-bus:Agent1 2024-03-01 2025-02-28 15521038 uk-core:ShareCapital 2025-02-28 15521038 uk-core:RetainedEarningsAccumulatedLosses 2025-02-28 15521038 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-02-28 15521038 uk-bus:FRS102 2024-03-01 2025-02-28 15521038 uk-core:FurnitureFittingsToolsEquipment 2024-03-01 2025-02-28 15521038 uk-core:WithinOneYear 2025-02-28 15521038 uk-core:EmployeeBenefits 2024-02-29 15521038 uk-core:EmployeeBenefits 2024-03-01 2025-02-28 15521038 uk-core:AcceleratedTaxDepreciationDeferredTax 2025-02-28 15521038 uk-core:TaxLossesCarry-forwardsDeferredTax 2025-02-28 15521038 uk-core:OtherDeferredTax 2025-02-28 15521038 uk-core:RevaluationPropertyPlantEquipmentDeferredTax 2025-02-28 15521038 uk-core:EmployeeBenefits 2025-02-28 15521038 2024-03-01 2025-02-28 15521038 uk-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 xbrli:pure iso4217:GBP xbrli:shares

Company Registration Number: 15521038

Laal Yams Ltd

Directors' Report and Unaudited Financial Statements

for the financial year ended 28 February 2025

Laal Yams Ltd

DIRECTORS AND OTHER INFORMATION

Directors | Mrs Emma Whitehead
| Mr Thomas Whitehead (Appointed 26 February 2025)
Company Registration Number | 15521038
Registered Office and Business Address | Badger Barn
| Selside
| Kendal
| Cumbria
| LA8 9EA
| United Kingdom
Accountants | Parkin Finance Limited
| Suite 9
| Unit 1 Meadowbank Business Park
| Shap Road
| Kendal
| Cumbria
| LA9 6NY

Laal Yams Ltd

DIRECTORS' REPORT

for the financial year ended 28 February 2025

The directors present their report and the unaudited financial statements for the financial year ended 28 February 2025.

Directors

The directors who served during the financial year are as follows:

Mrs Emma Whitehead

Mr Thomas Whitehead (Appointed 26 February 2025)

There were no changes in shareholdings between 28 February 2025 and the date of signing the financial statements.

Political Contributions

The company did not make any disclosable political donations in the current financial year.

Statement of Directors' Responsibilities

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

▪ | select suitable accounting policies and apply them consistently;
▪ | make judgements and accounting estimates that are reasonable and prudent;
▪ | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Special provisions relating to small companies

The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

On behalf of the board

Mrs Emma Whitehead

Director

Mr Thomas Whitehead

Director

15 October 2025

Laal Yams Ltd

Company Registration Number: 15521038

BALANCE SHEET

as at 28 February 2025

|  |  | 2025
|  | Notes | £
Fixed Assets

Tangible assets |  | 5 | 318,025
|  |  | ─────────
Current Assets

Cash and cash equivalents |  |  | 6,018
Creditors: amounts falling due within one year |  | 6 | (317,409)
|  |  | ─────────
Net Current Liabilities |  |  | (311,391)
|  |  | ─────────
Total Assets less Current Liabilities |  |  | 6,634
Provisions for liabilities |  | 7 | (1,240)
|  |  | ─────────
Net Assets |  |  | 5,394
|  |  | ═════════
Capital and Reserves

Called up share capital |  |  | 110
Retained earnings |  |  | 5,284
|  |  | ─────────
Equity attributable to owners of the company |  |  | 5,394
|  |  | ═════════
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

The company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account.

For the financial year ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Board and authorised for issue on 15 October 2025 and signed on its behalf by

Mrs Emma Whitehead |  |  |
Director |  |  |
Mr Thomas Whitehead

Director

Laal Yams Ltd

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 28 February 2025

1. | General Information
| Laal Yams Ltd is a company limited by shares incorporated and registered in England. The registered number of the company is 15521038. The registered office of the company is Badger Barn, Selside, Kendal, Cumbria, LA8 9EA, United Kingdom which is also the principal place of business of the company. The principal activity of the company was that of property rental. The company incorporated on 26 February 2024 and commenced trading on 1st March 2024. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

2. | Summary of Significant Accounting Policies
| The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
| Statement of compliance
| The financial statements of the company for the financial year ended 28 February 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
| Basis of preparation
| The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
| Turnover
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
| Tangible assets and depreciation
| Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
|  | Fixtures, fittings and equipment | - | 15% Reducing balance
| The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
| Investment properties
| Investment property is property held either to earn rental income, or for capital appreciation (including future re-development) or for both, but not for sale in the ordinary course of business. Investment property is initially measured at cost, which includes the purchase cost and any directly attributable expenditure. Investment property is subsequently valued at its fair value at each reporting date. The difference between the fair value of an investment property at the reporting date and its carrying value prior to the valuation is recognised in the Profit and Loss Account as a fair value gain or loss. Any gain or loss on disposal of an investment property (calculated as the difference between the net proceeds from disposal and the carrying amount of the item) is recognised in the Profit and Loss Account.
| Provisions
| Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.
| Trade and other creditors
| Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
| Taxation and deferred taxation
| Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.
| Ordinary share capital
| The ordinary share capital of the company is presented as equity.

3. | Statement on previous periods
| The company did not present financial statements for previous periods.

4. | Employees
| The average monthly number of employees, including directors, during the financial year was 0, (2024 - 0).

5. | Tangible assets
|  | Investment | Fixtures, | Total
|  | properties | fittings and |
|  |  | equipment |
|  | £ | £ | £
| Cost
| At 1 March 2024 | - | - | -
| Additions | 310,014 | 9,425 | 319,439
|  | ───────── | ───────── | ─────────
| At 28 February 2025 | 310,014 | 9,425 | 319,439
|  | ───────── | ───────── | ─────────
| Depreciation
| At 1 March 2024 | - | - | -
| Charge for the financial year | - | 1,414 | 1,414
|  | ───────── | ───────── | ─────────
| At 28 February 2025 | - | 1,414 | 1,414
|  | ───────── | ───────── | ─────────
| Net book value
| At 28 February 2025 | 310,014 | 8,011 | 318,025
|  | ═════════ | ═════════ | ═════════

6. | Creditors | 2025
| Amounts falling due within one year | £
| Directors' current accounts | 316,087
| Other creditors | 182
| Accruals | 1,140
|  | ─────────
|  | 317,409
|  | ═════════

7. | Provisions for liabilities
| The amounts provided for deferred taxation are analysed below:
|  | Capital | Total
|  | allowances |
|  |  | 2025
|  | £ | £
| At financial year start | - | -
| Charged to profit and loss | 1,240 | 1,240
|  | ───────── | ─────────
| At financial year end | 1,240 | 1,240
|  | ═════════ | ═════════

8. | Capital commitments
| The company had no material capital commitments at the financial year-ended 28 February 2025.

9. | Post-Balance Sheet Events
| There have been no significant events affecting the company since the financial year-end.