02208089falsethat of property development2024-11-012025-10-31http://www.companieshouse.gov.uk/2024-10-31http://www.companieshouse.gov.uk/cd:CompanySecretary12024-11-012025-10-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-10-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-10-31http://www.companieshouse.gov.uk/cd:Director12024-11-012025-10-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-10-31http://www.companieshouse.gov.uk/pt:PlantMachinery2025-10-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-10-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-10-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2025-10-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-10-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2025-10-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-11-012025-10-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2025-10-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-11-012025-10-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-11-012025-10-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-10-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-10-31http://www.companieshouse.gov.uk/2024-11-012025-10-31http://www.companieshouse.gov.uk/2024-10-31http://www.companieshouse.gov.uk/cd:FRS1022024-11-012025-10-31http://www.companieshouse.gov.uk/2025-10-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-11-012025-10-31http://www.companieshouse.gov.uk/cd:FilletedAccounts2024-11-012025-10-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 02208089
Young Property Development Limited
ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2025
Prepared By:
Willow Accounting & Consultancy
47a Commercial Road
Ashley Cross
Poole
Dorset
BH14 0HU
Young Property Development Limited
ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2025
DIRECTORS
Nicholas Robert Young
SECRETARY
Kirsty Jayne Young
REGISTERED OFFICE
47a Commercial Road
Ashley Cross
Poole
Dorset
BH14 0HU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 02208089
ACCOUNTANTS
Willow Accounting & Consultancy
47a Commercial Road
Ashley Cross
Poole
Dorset
BH14 0HU
Young Property Development Limited
ACCOUNTS
FOR THEYEARENDED31 OCTOBER 2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Young Property Development Limited
BALANCE SHEET AT 31 October 2025
20252024
Notes££
FIXED ASSETS
Tangible assets227,85030,838
CURRENT ASSETS
Debtors330,86445,328
Cash at bank and in hand-601
30,86445,929
CREDITORS: Amounts falling due within one year430,71242,361
NET CURRENT ASSETS1523,568
TOTAL ASSETS LESS CURRENT LIABILITIES28,00234,406
CREDITORS: Amounts falling due after more than one year515,79121,641
PROVISIONS FOR LIABILITIES AND CHARGES75,2915,859
NET ASSETS6,9206,906
CAPITAL AND RESERVES
Called up share capital81,0001,000
Profit and loss account5,9205,906
SHAREHOLDERS' FUNDS6,9206,906
For the year ending 31 October 2025 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 28 July 2026 and signed on their behalf by
.............................
Nicholas Robert Young
Director
Young Property Development Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 20%
Commercial Vehiclesreducing balance 25%
Fixtures and Fittingsreducing balance 15%
Equipmentreducing balance 25%
2. TANGIBLE FIXED ASSETS
Plant andCommercialFixtures
MachineryVehiclesand FittingsEquipmentTotal
£££££
Cost
At 1 November 202430,72670,062-854101,642
Additions10,267-1191,18211,568
At 31 October 202540,99370,0621192,036113,210
Depreciation
At 1 November 202429,54240,948-31470,804
Disposals-6,052--6,052
For the year2,2905,765184318,504
At 31 October 202531,83252,7651874585,360
Net Book Amounts
At 31 October 20259,16117,2971011,29127,850
At 31 October 20241,18429,114-54030,838
Included in Commercial Vehicles are assets subject to hire purchase agreements, the net book value of which amounts to £14,034 at 31 October 2025. Depreciation of £4,678 has been charged against this asset in the year.
Young Property Development Limited
3. DEBTORS 20252024
££
Amounts falling due within one year
Prepayments7970
Directors current account30,78545,258
30,86445,328
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax2,5522,620
VAT2,1237,545
PAYE control9493,923
Bank loans and overdrafts7,200-
Hire purchase4,4897,711
Trade creditors10,92418,087
Accruals2,4752,475
30,71242,361
5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20252024
££
Hire purchase 15,79121,641
15,79121,641
6. EMPLOYEES
20252024
No.No.
Average number of employees43
Young Property Development Limited
7. PROVISIONS FOR LIABILITIES 20252024
££
Deferred taxation5,2915,859
5,2915,859
8. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
1000 Ordinary shares of £1 each10001000
1,0001,000