Company registration number 08232604 (England and Wales)
Yorks Shire Limited
Unaudited
financial statements
for the year ended 31 January 2024
PAGES FOR FILING WITH REGISTRAR
Yorks Shire Limited
Contents
Page
Statement of financial position
1
Notes to the financial statements
2 - 3
Yorks Shire Limited
Statement of financial position
as at 31 January 2024
- 1 -
2024
2023
Notes
£
£
£
£
Current assets
Debtors
4
123,599
184,202
Cash at bank and in hand
3,972
14,909
127,571
199,111
Creditors: amounts falling due within one year
5
(95,743)
(156,050)
Net current assets
31,828
43,061
Creditors: amounts falling due after more than one year
6
(22,222)
(26,406)
Net assets
9,606
16,655
Capital and reserves
Called up share capital
7
100
100
Profit and loss reserves
9,506
16,555
Total equity
9,606
16,655

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

For the financial year ended 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 5 June 2024 and are signed on its behalf by:
P M Barker
Director
Company Registration No. 08232604
Yorks Shire Limited
Notes to the financial statements
for the year ended 31 January 2024
- 2 -
1
Accounting policies
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Turnover

Turnover represents the fair value of the consideration receivable for services provided in the normal course of business, and is shown net of VAT.

 

Turnover is recognised on the provision of a service obligation where a right to consideration is due.

Government grants

Government grants are recognised at the fair value of the asset received and are recognised over the same period in which related costs are incurred.

2
Judgements and key sources of estimation uncertainty

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 the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
2
2
Yorks Shire Limited
Notes to the financial statements (continued)
for the year ended 31 January 2024
- 3 -
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
-
0
37,800
Other debtors
93,551
146,402
Prepayments and accrued income
30,048
-
0
123,599
184,202
5
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loan
4,167
4,150
Trade creditors
1,365
92,400
Amounts due to group undertakings
56,500
-
0
Other creditors
5,850
58,500
Accruals and deferred income
27,861
1,000
95,743
156,050
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loan
22,222
26,406
7
Called up share capital
2024
2023
£
£
Ordinary share capital
Issued and fully paid
100 Ordinary A Shares of £1 each
100
100
100
100
8
Parent company

The company's ultimate controlling party is the parent company Visit Yorkshire Holdings Ltd and its registered office is West House, King Cross Road, Halifax, West Yorkshire, HX1 1EB.

9
Company information

Yorks Shire Limited is a private company limited by shares incorporated in England and Wales. The registered office is West House, King Cross Road, Halifax, West Yorkshire, HX1 1EB.

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