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REGISTERED NUMBER: 01890283 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2024

for

Yorkshire Investments Limited

Yorkshire Investments Limited (Registered number: 01890283)

Contents of the Financial Statements
for the Year Ended 28 February 2024










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Yorkshire Investments Limited

Company Information
for the Year Ended 28 February 2024







DIRECTORS: Mr M McGrath
Miss L Beeforth



REGISTERED OFFICE: Heaton House
Heaton Park
Aldborough
North Yorkshire
YO51 9HE



REGISTERED NUMBER: 01890283 (England and Wales)



ACCOUNTANTS: Landin Wilcock & Co
Chartered Accountants
68 Queen Street
Sheffield
South Yorkshire
S1 1WR



BANKERS: Virgin Money
21 James Street
Harrogate
HG1 1QU

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Yorkshire Investments Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Directors' Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Yorkshire Investments Limited for the year ended 28 February 2024 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Yorkshire Investments Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Yorkshire Investments Limited and state those matters that we have agreed to state to the Board of Directors of Yorkshire Investments Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Yorkshire Investments Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Yorkshire Investments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Yorkshire Investments Limited. You consider that Yorkshire Investments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Yorkshire Investments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Landin Wilcock & Co
Chartered Accountants
68 Queen Street
Sheffield
South Yorkshire
S1 1WR


12 September 2024

Yorkshire Investments Limited (Registered number: 01890283)

Balance Sheet
28 February 2024

28/2/24 28/2/23
as restated
Notes £    £   
FIXED ASSETS
Tangible assets 4 16,850 21,308
Investment property 5 150,395 150,395
167,245 171,703

CURRENT ASSETS
Stocks 921,610 908,906
Debtors 6 20,078 14,350
Cash at bank 41,698 139,540
983,386 1,062,796
CREDITORS
Amounts falling due within one year 7 (3,572 ) (58,088 )
NET CURRENT ASSETS 979,814 1,004,708
TOTAL ASSETS LESS CURRENT LIABILITIES 1,147,059 1,176,411

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,146,959 1,176,311
1,147,059 1,176,411

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2024 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.

Yorkshire Investments Limited (Registered number: 01890283)

Balance Sheet - continued
28 February 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 Board of Directors and authorised for issue on 12 September 2024 and were signed on its behalf by:





Miss L Beeforth - Director


Yorkshire Investments Limited (Registered number: 01890283)

Notes to the Financial Statements
for the Year Ended 28 February 2024


1. STATUTORY INFORMATION

Yorkshire Investments 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost

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.

Land and buildings which have been acquired for, or the directors have taken the decision for, holding by the company for long term appreciation in value and/or letting to third parties are classified as investment property. All land and buildings held by the company are reviewed by the directors on an annual basis to ensure that classification is correct and in line with their intentions.

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

Land and buildings which have been acquired for, or the directors have taken the decision for, development with a view to sell are classified as stock. All land and buildings held by the company are reviewed by the directors on an annual basis to ensure that classification is correct and in line with their intentions.

Financial instruments
Financial assets and financial liabilities are recognised when the Company becomes party to the contractual provisions of the instrument. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.


Yorkshire Investments Limited (Registered number: 01890283)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2024


2. ACCOUNTING POLICIES - continued
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 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 March 2023 111,854 25,712 137,566
Additions - 8,000 8,000
At 28 February 2024 111,854 33,712 145,566
DEPRECIATION
At 1 March 2023 106,807 9,451 116,258
Charge for year 4,933 7,525 12,458
At 28 February 2024 111,740 16,976 128,716
NET BOOK VALUE
At 28 February 2024 114 16,736 16,850
At 28 February 2023 5,047 16,261 21,308

Yorkshire Investments Limited (Registered number: 01890283)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2024


5. INVESTMENT PROPERTY
Total
£   
COST
At 1 March 2023
and 28 February 2024 150,395
NET BOOK VALUE
At 28 February 2024 150,395
At 28 February 2023 150,395

The investment property is valued as cost which is deemed to be fair value. The valuation was performed by Mr M McGrath (director) who is not independent to the company.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28/2/24 28/2/23
as restated
£    £   
Other debtors 20,078 14,350

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28/2/24 28/2/23
as restated
£    £   
Trade creditors 1,383 6,888
Taxation and social security 315 -
Other creditors 1,874 51,200
3,572 58,088

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2024 and 28 February 2023:

28/2/24 28/2/23
as restated
£    £   
Miss L Beeforth
Balance outstanding at start of year (10,776 ) (9,425 )
Amounts advanced (49,302 ) (117,545 )
Amounts repaid 40,000 116,194
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (20,078 ) (10,776 )