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REGISTERED NUMBER: 04770146 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

West Yorkshire Estates Limited

West Yorkshire Estates Limited (Registered number: 04770146)

Contents of the Financial Statements
for the Year Ended 31 May 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


West Yorkshire Estates Limited

Company Information
for the Year Ended 31 May 2024







DIRECTOR: M Murphy





SECRETARY: M Murphy





REGISTERED OFFICE: Yorkshire House
Grape Street
Hunslet
Leeds
West Yorkshire
LS10 1BX





REGISTERED NUMBER: 04770146 (England and Wales)





ACCOUNTANTS: Horley Green Chartered Accountants
Horley Green House
Horley Green Road
Claremount
Halifax
West Yorkshire
HX3 6AS

West Yorkshire Estates Limited (Registered number: 04770146)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 108 117,425
Investment property 5 335,000 335,000
335,108 452,425

CURRENT ASSETS
Cash at bank 332,357 577,460

CREDITORS
Amounts falling due within one year 6 269,108 534,511
NET CURRENT ASSETS 63,249 42,949
TOTAL ASSETS LESS CURRENT
LIABILITIES

398,357

495,374

CREDITORS
Amounts falling due after more than one year 7 (17,334 ) (129,916 )

PROVISIONS FOR LIABILITIES 9 - (33,285 )
NET ASSETS 381,023 332,173

CAPITAL AND RESERVES
Called up share capital 100 100
Fair Value Reserve 10 9,644 9,644
Retained earnings 371,279 322,429
SHAREHOLDERS' FUNDS 381,023 332,173

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

West Yorkshire Estates Limited (Registered number: 04770146)

Balance Sheet - continued
31 May 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 August 2024 and were signed by:





M Murphy - Director


West Yorkshire Estates Limited (Registered number: 04770146)

Notes to the Financial Statements
for the Year Ended 31 May 2024


1. STATUTORY INFORMATION

West Yorkshire Estates 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents rental income receivable in the year and construction management services, net of Value Added Tax.

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

West Yorkshire Estates Limited (Registered number: 04770146)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024


4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 June 2023 108 138,019 138,127
Disposals - (138,019 ) (138,019 )
At 31 May 2024 108 - 108
DEPRECIATION
At 1 June 2023 - 20,702 20,702
Eliminated on disposal - (20,702 ) (20,702 )
At 31 May 2024 - - -
NET BOOK VALUE
At 31 May 2024 108 - 108
At 31 May 2023 108 117,317 117,425

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023
and 31 May 2024 335,000
NET BOOK VALUE
At 31 May 2024 335,000
At 31 May 2023 335,000

The investment properties have been revalued by the directors taking account of current sales valuations on vacant possession basis.

Fair value at 31 May 2024 is represented by:
£   
Valuation in 2013 59,092
Valuation in 2016 80,000
Valuation in 2020 (90,000 )
Valuation in 2021 95,000
Cost 190,908
335,000

West Yorkshire Estates Limited (Registered number: 04770146)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Directors Loan Account 811 172,129
Tax 20 -
VAT 24,141 246
Other creditors 216,000 360,000
Prepaid income and accruals 28,136 2,136
269,108 534,511

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans - 2-5 years - 25,334
Other loans - 2-5 years 17,334 104,582
17,334 129,916

8. SECURED DEBTS

The following secured debts are included within creditors:

31.5.24 31.5.23
£    £   
Bank loans - 25,334

The bank loans are secured against freehold land and buildings.

9. PROVISIONS FOR LIABILITIES
31.5.24 31.5.23
£    £   
Deferred tax - 33,285

Deferred
tax
£   
Balance at 1 June 2023 33,285
Deferred Tax (33,285 )
Balance at 31 May 2024 -

10. RESERVES
Fair
Value
Reserve
£   
At 1 June 2023
and 31 May 2024 9,644

West Yorkshire Estates Limited (Registered number: 04770146)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024


11. RELATED PARTY DISCLOSURES

The company is controlled by Mr M Murphy.