IRIS Accounts Production v18.3.0.592 05269772 Board of Directors 1.3.17 31.3.18 31.3.18 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure052697722017-02-28052697722018-03-31052697722017-03-012018-03-31052697722016-02-29052697722016-03-012017-02-28052697722017-02-2805269772ns15:EnglandWales2017-03-012018-03-3105269772ns14:PoundSterling2017-03-012018-03-3105269772ns10:Director12017-03-012018-03-3105269772ns10:PrivateLimitedCompanyLtd2017-03-012018-03-3105269772ns10:SmallEntities2017-03-012018-03-3105269772ns10:AuditExempt-NoAccountantsReport2017-03-012018-03-3105269772ns10:SmallCompaniesRegimeForDirectorsReport2017-03-012018-03-3105269772ns10:SmallCompaniesRegimeForAccounts2017-03-012018-03-3105269772ns10:FullAccounts2017-03-012018-03-310526977212017-03-012018-03-3105269772ns10:Director22017-03-012018-03-3105269772ns10:Director32017-03-012018-03-3105269772ns10:Director42017-03-012018-03-3105269772ns10:CompanySecretary12017-03-012018-03-3105269772ns10:RegisteredOffice2017-03-012018-03-3105269772ns5:CurrentFinancialInstruments2018-03-3105269772ns5:CurrentFinancialInstruments2017-02-2805269772ns5:ShareCapital2018-03-3105269772ns5:ShareCapital2017-02-2805269772ns5:SharePremium2018-03-3105269772ns5:SharePremium2017-02-2805269772ns5:RetainedEarningsAccumulatedLosses2018-03-3105269772ns5:RetainedEarningsAccumulatedLosses2017-02-2805269772ns5:ComputerSoftware2017-03-012018-03-3105269772ns5:IntangibleAssetsOtherThanGoodwill2017-02-2805269772ns5:IntangibleAssetsOtherThanGoodwill2017-03-012018-03-3105269772ns5:IntangibleAssetsOtherThanGoodwill2018-03-3105269772ns5:IntangibleAssetsOtherThanGoodwill2017-02-2805269772ns5:LandBuildings2017-02-2805269772ns5:LandBuildings2018-03-3105269772ns5:LandBuildings2017-02-2805269772ns5:CurrentFinancialInstrumentsns5:WithinOneYear2018-03-3105269772ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-02-28


REGISTERED NUMBER: 05269772 (England and Wales)


















Unaudited Financial Statements

for the Period 1st March 2017 to 31st March 2018

for

Yorkwold (Overseas) Limited

Yorkwold (Overseas) Limited (Registered number: 05269772)






Contents of the Financial Statements
for the period 1st March 2017 to 31st March 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Yorkwold (Overseas) Limited

Company Information
for the period 1st March 2017 to 31st March 2018







DIRECTORS: K J Walker
R Beckett
J W Dewhirst





SECRETARY: K J Walker





REGISTERED OFFICE: Field House Farm
Scarborough Road
Driffield
East Yorkshire
YO25 5UY





REGISTERED NUMBER: 05269772 (England and Wales)





ACCOUNTANTS: Smailes Goldie Turner Limited
Chartered Accountants
Regent's Court
Princess Street
Hull
East Yorkshire
HU2 8BA

Yorkwold (Overseas) Limited (Registered number: 05269772)

Balance Sheet
31st March 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 3 7,145 9,800
Tangible assets 4 4,121,955 4,121,955
4,129,100 4,131,755

CURRENT ASSETS
Stocks 38,108 100,112
Debtors 5 171,643 43,447
Cash at bank 217,437 2,096,100
427,188 2,239,659
CREDITORS
Amounts falling due within one year 6 32,133 33,373
NET CURRENT ASSETS 395,055 2,206,286
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,524,155

6,338,041

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Share premium 1,029,158 1,029,158
Retained earnings 3,493,997 5,307,883
SHAREHOLDERS' FUNDS 4,524,155 6,338,041

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st March 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 2018 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.

Yorkwold (Overseas) Limited (Registered number: 05269772)

Balance Sheet - continued
31st March 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors on 13th November 2018 and were signed
on its behalf by:





J W Dewhirst - Director


Yorkwold (Overseas) Limited (Registered number: 05269772)

Notes to the Financial Statements
for the period 1st March 2017 to 31st March 2018

1. STATUTORY INFORMATION

Yorkwold (Overseas) 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,
rebates, value added tax and other sales taxes.

Intangible fixed assets - entitlements
Basic Payment Scheme entitlements are initially recognised at cost and are amortised on a straight
line basis over their expected useful life. The Basic Payment Scheme commenced in 2015 and the
cessation year is expected to be 2022.

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

Land - Nil

Investments in associates
Investments in associate undertakings are recognised at costs, less impairment.

Stocks
Stocks, including biological assets, are stated at the lower of cost and net realisable value. Cost is
determined using the first-in, first-out (FIFO) method and represents costs incurred to date to bring
growing crops and finished produce to its current state. Net realisable value is estimated selling price
in the ordinary course of business, less applicable variable selling expenses.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at
the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of
exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at
the operating result.

Yorkwold (Overseas) Limited (Registered number: 05269772)

Notes to the Financial Statements - continued
for the period 1st March 2017 to 31st March 2018

3. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1st March 2017
and 31st March 2018 14,700
AMORTISATION
At 1st March 2017 4,900
Charge for period 2,655
At 31st March 2018 7,555
NET BOOK VALUE
At 31st March 2018 7,145
At 28th February 2017 9,800

Intangible fixed assets comprise of Basic Payment Scheme entitlements only.

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1st March 2017
and 31st March 2018 4,121,955
NET BOOK VALUE
At 31st March 2018 4,121,955
At 28th February 2017 4,121,955

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 166,781 39,906
Other debtors 4,862 3,541
171,643 43,447

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 900 -
Amounts owed to group undertakings 8,057 18,069
Taxation and social security 20,928 11,752
Other creditors 2,248 3,552
32,133 33,373

Yorkwold (Overseas) Limited (Registered number: 05269772)

Notes to the Financial Statements - continued
for the period 1st March 2017 to 31st March 2018

7. RELATED PARTY DISCLOSURES

Entities with control, joint control or significant influence over the entity
2018 2017
£ £
Dividend paid 1,900,000 250,000
Amounts due to related party 8,057 18,069

Other related parties (in the aggregate)
2018 2017
£ £
Purchases 40,801 38,614
Sales 228,889 88,484
Amounts due from 166,781 39,906