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Company Registration No. 12631592 (England and Wales)
YORK HOUSE TRADING LIMITED Unaudited accounts for the year ended 31 March 2023
YORK HOUSE TRADING LIMITED Unaudited accounts Contents
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YORK HOUSE TRADING LIMITED Company Information for the year ended 31 March 2023
Directors
Peter Cameron Spencer Leslie Ali Ravanshad
Company Number
12631592 (England and Wales)
Registered Office
73 Cornhill London EC3V 3QQ England
Accountants
Williams Stanley and Co
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YORK HOUSE TRADING LIMITED Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
63,874 
62,223 
Current assets
Inventories
11,435 
- 
Debtors
56,159 
29,425 
Cash at bank and in hand
664 
117,374 
68,258 
146,799 
Creditors: amounts falling due within one year
(1,489,716)
(334,137)
Net current liabilities
(1,421,458)
(187,338)
Net liabilities
(1,357,584)
(125,115)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(1,357,684)
(125,215)
Shareholders' funds
(1,357,584)
(125,115)
For the year ending 31 March 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 October 2023 and were signed on its behalf by
Spencer Leslie Director Company Registration No. 12631592
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YORK HOUSE TRADING LIMITED Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
YORK HOUSE TRADING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12631592. The registered office is 73 Cornhill, London, EC3V 3QQ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Going concern
At the time of approving the financial statements, the directors have reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
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 from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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YORK HOUSE TRADING LIMITED Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2022
66,691 
Additions
20,751 
At 31 March 2023
87,442 
Depreciation
At 1 April 2022
4,468 
Charge for the year
19,100 
At 31 March 2023
23,568 
Net book value
At 31 March 2023
63,874 
At 31 March 2022
62,223 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
17,055 
- 
Trade debtors
19,052 
- 
Other debtors
20,052 
- 
56,159 
- 
Amounts falling due after more than one year
Other debtors
- 
29,425 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
17,992 
14,148 
Amounts owed to group undertakings and other participating interests
1,152,297 
- 
Taxes and social security
4,403 
7,721 
Other creditors
- 
312,268 
Accruals
315,024 
- 
1,489,716 
334,137 
7
Controlling party
The Ultimate Controlling Party is York House GP Limited who own 100% of the share capital in the company.
8
Average number of employees
During the year the average number of employees was 0 (2022: 3).
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