YDB_INVESTMENTS_LIMITED - Accounts
YDB_INVESTMENTS_LIMITED - Accounts
Company Registration No. 02367474 (England and Wales)
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2016
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ABBREVIATED BALANCE SHEET
AS AT
30 JUNE 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
Cost
186,751
186,751
Depreciation
(186,751)
(186,751)
-
-
Current assets
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
(42,823 )
(41,320 )
Total assets less current liabilities
Creditors: amounts falling due after more than one year
(243,885 )
(267,885 )
1,064,858
923,131
Capital and reserves
Called up share capital
3
Profit and loss account
Shareholders' funds
Directors' responsibilities:
-
-
Approved by the Board for issue on 15 November 2016
Director
Company Registration No. 02367474
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The company is reliant upon the financial support of its directors in order to meet its liabilities as they fall due. The directors have indicated that this support will continue for the foreseeable future and, as a result, have continued to adopt the going concern basis in preparing the financial statements.
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
1.4
Tangible fixed assets and depreciation
Fixtures, fittings & equipment
2
Fixed assets
Tangible assets
£
Cost
At 1 July 2015 & at 30 June 2016
186,751
Depreciation
At 1 July 2015 & at 30 June 2016
186,751
Net book value
At 30 June 2016
-
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2016
- 3 -
4
Related party relationships and transactions
Loans from directors
Transactions in relation to loans from directors during the year are outlined in the table below:
Description
% Rate
Opening Balance
Amounts Advanced
Interest Charged
Amounts Repaid
Closing Balance
£
£
£
£
£
C Yates - Director's loan
-
202,176
-
-
(12,000)
190,176
G T Brookes - Director's loan
-
65,709
-
-
(12,000)
53,709
267,885
-
-
(24,000)
243,885