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Company Registration No. 10701176 (England and Wales)
YELLAD RESOURCES LTD Unaudited accounts for the year ended 31 March 2025
YELLAD RESOURCES LTD Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
- 2 -
YELLAD RESOURCES LTD Company Information for the year ended 31 March 2025
Directors
Titilope Adebayo Yemi Adebayo
Secretary
Titilope Adebayo
Company Number
10701176 (England and Wales)
Registered Office
86-90 Paul Street London EC2A 4NE United Kingdom
Accountants
Brown & Bam Associates 143 Pembury Avenue Worcester Park Surrey County (optional) KT4 8BX
- 3 -
YELLAD RESOURCES LTD Accountants' report
Accountants' report to the board of directors of YELLAD RESOURCES LTD on the preparation of the unaudited statutory accounts for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of YELLAD RESOURCES LTD for the year ended 31 March 2025 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of YELLAD RESOURCES LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of YELLAD RESOURCES LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than YELLAD RESOURCES LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that YELLAD RESOURCES LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of YELLAD RESOURCES LTD. You consider that YELLAD RESOURCES LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of YELLAD RESOURCES LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Brown & Bam Associates 143 Pembury Avenue Worcester Park Surrey County (optional) KT4 8BX 31 December 2025
- 4 -
YELLAD RESOURCES LTD Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
4,598 
5,355 
Investment property
5
72,000 
72,000 
76,598 
77,355 
Current assets
Debtors
6
149,677 
137,063 
Cash at bank and in hand
10,315 
459 
159,992 
137,522 
Creditors: amounts falling due within one year
7
(139,947)
(94,187)
Net current assets
20,045 
43,335 
Total assets less current liabilities
96,643 
120,690 
Creditors: amounts falling due after more than one year
8
(71,244)
(88,452)
Net assets
25,399 
32,238 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
24,399 
31,238 
Shareholders' funds
25,399 
32,238 
For the year ending 31 March 2025 the company was entitled to exemption from audit 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 and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 December 2025 and were signed on its behalf by
Yemi Adebayo Director Company Registration No. 10701176
- 5 -
YELLAD RESOURCES LTD Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
YELLAD RESOURCES LTD is a private company, limited by shares, registered in England and Wales, registration number 10701176. The registered office is 86-90, Paul Street, London, EC2A 4NE, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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 fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
10
Computer equipment
25
Other tangible fixed assets
20
Going concern
The board of director(s) has a reasonable expectation that the company has adequate resources to continue in operation for the foreseeable future. For these reasons, the board decides to continue to adopt the going concern basis in preparing the financial statements for the company.
- 6 -
YELLAD RESOURCES LTD Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
2,111 
13,510 
15,621 
Additions
- 
487 
487 
At 31 March 2025
2,111 
13,997 
16,108 
Depreciation
At 1 April 2024
971 
9,295 
10,266 
Charge for the year
114 
1,130 
1,244 
At 31 March 2025
1,085 
10,425 
11,510 
Net book value
At 31 March 2025
1,026 
3,572 
4,598 
At 31 March 2024
1,140 
4,215 
5,355 
5
Investment property
2025 
£ 
Fair value at 1 April 2024
72,000 
At 31 March 2025
72,000 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
70,677 
58,063 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
79,000 
79,000 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
12,281 
9,439 
Amounts owed to group undertakings and other participating interests
124,522 
77,651 
Taxes and social security
2,449 
5,985 
Other creditors
45 
462 
Accruals
650 
650 
139,947 
94,187 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
12,333 
14,333 
Amounts owed to group undertakings and other participating interests
58,911 
74,119 
71,244 
88,452 
- 7 -
YELLAD RESOURCES LTD Notes to the Accounts for the year ended 31 March 2025
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
- 8 -