YES PROPERTIES INVESTMENT LIMITED


Director	YE, Songhe


Registered Address	40 Chalfont Close
	Cambridge
	CB1 9NA


Registered Number	13748237 (England and Wales)

Statement of Financial Position
30 November 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Investment property	3		1,222,988		1,027,596
			1,222,988		1,027,596
Current assets
Cash at bank and on hand		7,025		6,523
		7,025		6,523
Creditors amounts falling due within one year	4	(1,001,073)		(1,053,750)
Net current assets (liabilities)			(994,048)		(1,047,227)
Total assets less current liabilities			228,940		(19,631)
Creditors amounts falling due after one year	5		(360,000)		-
Net assets			(131,060)		(19,631)
Capital and reserves
Called up share capital			1,000		1,000
Profit and loss account			(132,060)		(20,631)
Shareholders' funds			(131,060)		(19,631)

The company was entitled to exemption from audit for this reporting period 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.
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 and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 10 December 2025, and are signed on its behalf by:

YE, Songhe
Director
Registered Company No. 13748237

YES PROPERTIES INVESTMENT LIMITED

Notes to the Financial Statements
for the year ended 30 November 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A, as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from rendering of services
	Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

	Cash and cash equivalents
	Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less.

	Trade and other creditors
	Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Share capital
	Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

	Related parties
	For the purposes of these financial statements, a related party could be a person or an entity. Careful consideration is given to the definition of a related party to ensure that all related party relationships, transactions and balances are identified.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	1		1

3.	Investment property


		£
	Fair value at 01 December 23	1,027,596
	Fair value adjustments	195,392
	At 30 November 24	1,222,988

4.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	2,400	-
Amounts owed to related parties	969,196	1,039,643
Other creditors	24,052	10,197
Accrued liabilities and deferred income	5,425	3,910
Total	1,001,073	1,053,750

5.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	360,000	-
Total	360,000	-