Company Registration No. SC833343 (Scotland)
YKY PROPERTIES LTD
Unaudited accounts
for the period from 8 January 2025 to 31 March 2026
YKY PROPERTIES LTD
Statement of financial position
as at 31 March 2026
Investment property
659,688
Cash at bank and in hand
161,034
Creditors: amounts falling due within one year
(370,197)
Net current liabilities
(209,163)
Total assets less current liabilities
455,230
Creditors: amounts falling due after more than one year
(521,350)
Called up share capital
100
Profit and loss account
(66,220)
Shareholders' funds
(66,120)
For the period ending 31 March 2026 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 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 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 and authorised for issue on 2 June 2026 and were signed on its behalf by
Ibrahim Isa Yohanna
Director
Company Registration No. SC833343
YKY PROPERTIES LTD
Notes to the Accounts
for the period from 8 January 2025 to 31 March 2026
YKY PROPERTIES LTD is a private company, limited by shares, registered in Scotland, registration number SC833343. The registered office is 14 Valentine Crescent, Danestone, Aberdeen, Aberdeenshire, AB22 8DB, Scotland.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 Section 1A, The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006.
These financial statements are the company's first financial statements prepared in accordance with FRS 102 Section 1A. The transition to FRS 102 Section 1A has not resulted in any adjustments to the company's reported financial position or financial performance.
The accounts are presented in £ sterling.
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
25% straight-line
YKY PROPERTIES LTD
Notes to the Accounts
for the period from 8 January 2025 to 31 March 2026
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Tangible fixed assets
Fixtures & fittings
Charge for the period
1,569
6
Creditors: amounts falling due within one year
2026
Loans from directors
368,698
7
Creditors: amounts falling due after more than one year
2026
8
Average number of employees
During the period the average number of employees was 1.