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Registered number: NI654944
Yellow Stone Property Limited
Unaudited Financial Statements
For The Year Ended 31 August 2025
Satori Accounting
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: NI654944
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,219 4,219
Investment Properties 5 1,111,000 296,919
1,115,219 301,138
CURRENT ASSETS
Cash at bank and in hand 12,987 18,750
12,987 18,750
Creditors: Amounts Falling Due Within One Year 6 (816 ) (2,422 )
NET CURRENT ASSETS (LIABILITIES) 12,171 16,328
TOTAL ASSETS LESS CURRENT LIABILITIES 1,127,390 317,466
Creditors: Amounts Falling Due After More Than One Year 7 (1,065,530 ) (307,764 )
NET ASSETS 61,860 9,702
CAPITAL AND RESERVES
Called up share capital 8 10 10
Revaluation reserve 9 54,453 -
Profit and Loss Account 7,397 9,692
SHAREHOLDERS' FUNDS 61,860 9,702
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For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Michael McGlade
Director
20 May 2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Yellow Stone Property Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI654944 . The registered office is 32 Marlborough Park South, Belfast, BT9 6HR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rental income
Rental income is recognised on the accruals basis.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.
Fixtures & Fittings 0% straight line
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets
Fixtures & Fittings
£
Cost or Valuation
As at 1 September 2024 4,219
As at 31 August 2025 4,219
Net Book Value
As at 31 August 2025 4,219
As at 1 September 2024 4,219
5. Investment Property
2025
£
Fair Value
As at 1 September 2024 296,919
Additions 759,628
Revaluations 54,453
As at 31 August 2025 1,111,000
The company's investment properties have been valued by the director at open market value.
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 816 605
Taxation and social security - 1,817
816 2,422
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other creditors 1,065,530 307,764
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 10 10
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9. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 September 2024 - 9,692
Loss for year - (2,295)
Surplus on revaluation 54,453 -
Other comprehensive income for the year 54,453 -
Total comprehensive income for the year 54,453 (2,295 )
As at 31 August 2025 54,453 7,397
10. Related Party Transactions
During the year, the following transactions arose with related parties.

> Loans from & expenses paid by Yellow Brading & Digital Media Limited = £ 758,146
Both companies are controlled by the sole director.  The amount owed to Yellow Branding at the year-end date was £1,026,333. This is disclosed at creditors falling due after one year.
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