Registration number:
Yorkshire Choice Homes Construction Limited
for the Period from 29 December 2021 to 31 March 2023
Yorkshire Choice Homes Construction Limited
Contents
Balance Sheet |
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Statement of Changes in Equity |
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Notes to the Unaudited Financial Statements |
Yorkshire Choice Homes Construction Limited
(Registration number: 13820013)
Balance Sheet as at 31 March 2023
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2023 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Retained earnings |
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Shareholders' funds |
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For the financial period ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Yorkshire Choice Homes Construction Limited
(Registration number: 13820013)
Balance Sheet as at 31 March 2023
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.
Approved and authorised by the
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Yorkshire Choice Homes Construction Limited
Statement of Changes in Equity for the Period from 29 December 2021 to 31 March 2023
Share capital |
Retained earnings |
Total |
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Profit for the period |
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New share capital subscribed |
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- |
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At 31 March 2023 |
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Yorkshire Choice Homes Construction Limited
Notes to the Unaudited Financial Statements for the Period from 29 December 2021 to 31 March 2023
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
England
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Judgements
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. |
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods. |
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and
provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value
added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Yorkshire Choice Homes Construction Limited
Notes to the Unaudited Financial Statements for the Period from 29 December 2021 to 31 March 2023
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Asset class |
Depreciation method and rate |
Furniture, fittings and equipment |
Various rates |
Motor Vehicles |
20% Reducing balance |
Plant and Machinery |
33% Straight line |
Staff numbers |
The average number of persons employed by the company (including directors) during the period, was
Tangible assets |
Furniture, fittings and equipment |
Motor vehicles |
P&M |
Total |
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Cost or valuation |
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Additions |
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At 31 March 2023 |
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Depreciation |
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Charge for the period |
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At 31 March 2023 |
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Carrying amount |
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At 31 March 2023 |
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Debtors |
Current |
2023 |
Prepayments |
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Other debtors |
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979,411 |
Yorkshire Choice Homes Construction Limited
Notes to the Unaudited Financial Statements for the Period from 29 December 2021 to 31 March 2023
Creditors |
Creditors: amounts falling due within one year
2023 |
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Due within one year |
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Loans and borrowings |
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Trade creditors |
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Amounts owed to group undertakings |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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2023 |
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Current loans and borrowings |
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HP and finance lease liabilities |
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Creditors: amounts falling due after more than one year
2023 |
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Due after one year |
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Loans and borrowings |
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Amounts owed to group undertakings |
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Yorkshire Choice Homes Construction Limited
Notes to the Unaudited Financial Statements for the Period from 29 December 2021 to 31 March 2023
Parent and ultimate parent undertaking |
The immediate parent company is Yorkshire Choice Homes Limited. The share capital of Yorkshire Choice Limited is owned jointly by Salboy Partnerships Limited, J Begg Limited and D Begg Limited. In the opinion of the directors there is no ultimate controlling party.
Salboy Partnerships is a company incorporated in England and Wales, company number 13626842, registered office 3 Birchwood One Business Park, Dewhurst Road, Birchwood, Warrington, WA3 7PQ.
J Begg Holdings Limited is a company incorporated in England and Wales, company number 12035253, registered office Unit 7 Courtyard 31, Pontefract Road, Normanton, United Kingdom, WF6 1JU
D Begg Holdings Limited is a company incorporated in England and Wales, company number 12035224, registered office Unit 7 Courtyard 31, Pontefract Road, Normanton, United Kingdom, WF6 1JU