Accounts filed on 31-07-2019


Registered number: 10866039






Your Team Properties Limited


ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2019
























Prepared By:
Willow Accounting & Consultancy
Chartered Certified Accountants
3a Springfield Road
Poole
Dorset
BH14 0LG


Your Team Properties Limited


ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2019





DIRECTORS
Sam Dickie


REGISTERED OFFICE
3a Springfield Road
Ashley Cross
Poole
Dorset
BH14 0LG


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 10866039



ACCOUNTANTS
Willow Accounting & Consultancy
Chartered Certified Accountants
3a Springfield Road
Poole
Dorset
BH14 0LG


ACCOUNTS
FOR THEYEARENDED31 JULY 2019



CONTENTS



		Page

Directors' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31 July 2019

			2019		2018
	Notes		£		£

FIXED ASSETS
Tangible assets			330,290		330,290

CURRENT ASSETS
Cash at bank and in hand		91		68
		91		68
CREDITORS: Amounts falling due within one year	3	130,666		136,795
NET CURRENT LIABILITIES			(130,575)		(136,727)
TOTAL ASSETS LESS CURRENT LIABILITIES			199,715		193,563


CREDITORS: Amounts falling due after more than one year	4		232,050		232,050

NET LIABILITIES			(32,335)		(38,487)

CAPITAL AND RESERVES

Called up share capital	6		1		1
Profit and loss account			(32,336)		(38,488)
SHAREHOLDERS' FUNDS			(32,335)		(38,487)

For the year ending 31 July 2019 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 30 July 2020 and signed on their behalf by



.............................
Sam Dickie
Director

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. Investment Properties

Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.




1c. Turnover
Turnover represents the rent receivable from investment properties, net of value added tax.




3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2019	2018
	£	£
Directors current account	124,209	130,338
Accruals	600	600
Rent deposits	5,857	5,857
	130,666	136,795




4. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2019	2018
	£	£
Mortgage	232,050	232,050
	232,050	232,050

The mortgage is secured on the investment property and is interest only. The principal is repayable in December 2042.




6. SHARE CAPITAL	2019	2018
	£	£
Allotted, issued and fully paid:
1 Ordinary shares of £1 each	1	1
	1	1

New shares issued during period:
Ordinary shares of £1 each		1
	-	1