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REGISTERED NUMBER: 05306145 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Yeomans Press Limited

Yeomans Press Limited (Registered number: 05306145)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Yeomans Press Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: P M Broad
Mrs A E Broad
Mrs H S Hill





SECRETARY: P M Broad





REGISTERED OFFICE: First Floor, West Barn
North Frith Farm, Ashes Lane
Hadlow
Tonbridge
Kent
TN11 9QU





REGISTERED NUMBER: 05306145 (England and Wales)





ACCOUNTANTS: Deeks Evans Audit Services Limited
Chartered Accountants
First Floor, West Barn
North Frith Farm, Ashes Lane
Hadlow
Tonbridge
Kent
TN11 9QU

Yeomans Press Limited (Registered number: 05306145)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 65,393 101,547
65,393 101,547

CURRENT ASSETS
Stocks 35,810 25,000
Debtors 6 570,068 740,305
Cash at bank and in hand 98,438 239,386
704,316 1,004,691
CREDITORS
Amounts falling due within one year 7 505,901 676,442
NET CURRENT ASSETS 198,415 328,249
TOTAL ASSETS LESS CURRENT
LIABILITIES

263,808

429,796

CREDITORS
Amounts falling due after more than one
year

8

(35,194

)

(80,896

)

PROVISIONS FOR LIABILITIES (16,350 ) (25,386 )
NET ASSETS 212,264 323,514

CAPITAL & RESERVES
Called up share capital 105 105
Retained earnings 212,159 323,409
212,264 323,514

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

Yeomans Press Limited (Registered number: 05306145)

Balance Sheet - continued
31 December 2023


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 Board of Directors and authorised for issue on 27 June 2024 and were signed on its behalf by:





P M Broad - Director


Yeomans Press Limited (Registered number: 05306145)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Yeomans Press 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.

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 assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost, 20% on cost and at varying rates on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 31 (2022 - 31 ) .

Yeomans Press Limited (Registered number: 05306145)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 100,000
AMORTISATION
At 1 January 2023
and 31 December 2023 100,000
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 662,796
Additions 5,066
At 31 December 2023 667,862
DEPRECIATION
At 1 January 2023 561,249
Charge for year 41,220
At 31 December 2023 602,469
NET BOOK VALUE
At 31 December 2023 65,393
At 31 December 2022 101,547

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 506,772 695,624
Other debtors 63,296 44,681
570,068 740,305

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans & overdrafts 31,849 69,300
Hire purchase contracts (see note 9) 13,950 13,950
Trade creditors 415,242 469,793
Taxation & social security 29,337 95,605
Other creditors 15,523 27,794
505,901 676,442

Yeomans Press Limited (Registered number: 05306145)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 31,706 63,458
Hire purchase contracts (see note 9) 3,488 17,438
35,194 80,896

9. LEASING AGREEMENTS

At the year end the company had total commitments under operating leases expiring between 1 and 5 years of £431,857.