REGISTERED NUMBER: 04513705 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

YUNGNIEN LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs K Choi

Mr G Choi

REGISTERED OFFICE:

Woodland View

6 Rectory Farm Road

Little Wilbraham

Cambridgeshire

CB21 5LB

REGISTERED NUMBER:

04513705 (England and Wales)

BANKERS:

Barclays Bank plc

Leicestershire

LE87 2BB

FIXED ASSETS

Tangible assets

4

-

439,563

Investment property

5

545,000

45,000

545,000

484,563

CURRENT ASSETS

Debtors

2,444

3,716

Cash at bank

30,986

13,311

33,430

17,027

CREDITORS

Amounts falling due within one year

45,651

53,029

NET CURRENT LIABILITIES

(12,221

)

(36,002

)

TOTAL ASSETS LESS CURRENT LIABILITIES

532,779

448,561

CREDITORS

Amounts falling due after more than one year

(450,000

)

(400,000

)

PROVISIONS FOR LIABILITIES

(13,044

)

(1,560

)

NET ASSETS

69,735

47,001

CAPITAL AND RESERVES

Called up share capital

6

100

100

Non-distributable reserve

6,653

6,653

Retained earnings

62,982

40,248

SHAREHOLDERS' FUNDS

69,735

47,001

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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 December 2025 and were signed on its behalf by:

Mr G Choi - Director

1.	STATUTORY INFORMATION

Yungnien 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

The accounts have been prepared on a going concern basis.

Investment property

Investment properties are initially measured at cost and subsequently at fair value with any change in value recognised in the profit and loss account.

Depreciation is not provided in respect of investment properties.

Rents received

Rents received are included in turnover and are calculated on the accruals basis and represents net rental income, excluding VAT.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Totals

£

COST OR VALUATION

At 1 April 2024

439,563

Revaluations

(439,563

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

439,563

Cost or valuation at 31 March 2025 is represented by:

Totals

£

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

45,000

Revaluations

500,000

At 31 March 2025

545,000

NET BOOK VALUE

At 31 March 2025

545,000

At 31 March 2024

45,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2025

68,650

Cost

476,350

545,000

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

100

100

7.	RELATED PARTY DISCLOSURES

At 31 March 2025, Mr and Mrs G Choi, directors of the company had on an unsecured basis advanced £485,712 (2024: £424555) to the company at 7% interest.. The directors have confirmed that they consider a minimum of £450,000 to be a long term investment in the company's operations and do not intend to withdraw this portion in the near future.

Interest on the directors' loan account for the period to 31 March 2025 is £32,197 (2024: £25,474).

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr and Mrs G Choi.