REGISTERED NUMBER: 14992484 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2026

for

Yetta Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Cohen

M Cohen

REGISTERED OFFICE:

Pin Mill House

Priestley Road

Worsley

Greater Manchester

M28 2LX

REGISTERED NUMBER:

14992484 (England and Wales)

ACCOUNTANTS:

Freedman Frankl & Taylor

Chartered Accountants

Reedham House

31 King Street West

Manchester

M3 2PJ

FIXED ASSETS

Tangible assets

4

-

2,917,229

Investment property

5

4,406,059

-

4,406,059

2,917,229

CURRENT ASSETS

Debtors

6

4,141,311

1,606

Cash at bank

115,504

2,787

4,256,815

4,393

CREDITORS

Amounts falling due within one year

7

(7,677,025

)

(2,843,924

)

NET CURRENT LIABILITIES

(3,420,210

)

(2,839,531

)

TOTAL ASSETS LESS CURRENT LIABILITIES

985,849

77,698

PROVISIONS FOR LIABILITIES

(215,934

)

-

NET ASSETS

769,915

77,698

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

769,815

77,598

769,915

77,698

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 August 2026 and were signed on its behalf by:

M Cohen - Director

1.	STATUTORY INFORMATION

Yetta Properties 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.

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.

Critical accounting judgements and key sources of estimation uncertainty

In preparing these financial statements, the directors have had to make the following judgements:

1. Tangible fixed assets

Tangible fixed assets are depreciated over their useful lives, taking into account residual values, where appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending on a number of factors. In re-assessing asset lives, factors such as technological innovation, product life cycles and maintenance programmes are taken into account. Residual value assessments consider issues such as future market conditions, the remaining life of the asset and projected disposal values.

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 relates to rental income receivable.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

2% on cost

Tangible fixed assets are recorded at cost less accumulated depreciation and accumulated impairment losses.

Change in use of property

On 1 February 2025, the freehold property was re-classified as an investment property. This was due to a change in use from owner-occupied to an investment property.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern

The company's financial statements for the year ended 31 January 2026 have been prepared on a going concern basis as, after making appropriate enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 February 2025

3,007,453

Reclassification/transfer

(3,007,453

)

At 31 January 2026

-

DEPRECIATION

At 1 February 2025

90,224

Reclassification/transfer

(90,224

)

At 31 January 2026

-

NET BOOK VALUE

At 31 January 2026

-

At 31 January 2025

2,917,229

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

625,096

Reclassification/transfer

3,780,963

At 31 January 2026

4,406,059

NET BOOK VALUE

At 31 January 2026

4,406,059

The directors do not consider the market value of the investment properties to be materially different from the value as stated in the financial statements at 31 January 2026.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

4,141,311

1,606

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

23,825

360

Amounts owed to group undertakings

2,720,399

2,607,776

Taxation and social security

15,468

19,639

Other creditors

4,917,333

216,149

7,677,025

2,843,924

8.	CAPITAL COMMITMENTS

2026

2025

£

£

Contracted but not provided for in the

financial statements

4,114,235

-

9.	RELATED PARTY DISCLOSURES

At 31 January 2026, balances amounting to £4,830,000 were due to entities in which the directors of the company, have a material interest. The balances are interest free and payable on demand.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Pin Mill Holdings Limited.

Copies of the financial statements of Pin Mill Holdings Limited can be obtained from the registered office of that entity which is the same as this company and the address can be found on the Company Information page.