IRIS Accounts Production v24.2.0.383 11861103 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false false true false Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh118611032023-03-31118611032024-03-31118611032023-04-012024-03-31118611032022-03-31118611032022-04-012023-03-31118611032023-03-3111861103ns15:EnglandWales2023-04-012024-03-3111861103ns14:PoundSterling2023-04-012024-03-3111861103ns10:Director12023-04-012024-03-3111861103ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3111861103ns10:SmallEntities2023-04-012024-03-3111861103ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3111861103ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3111861103ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3111861103ns10:FullAccounts2023-04-012024-03-311186110312023-04-012024-03-3111861103ns10:OrdinaryShareClass12023-04-012024-03-3111861103ns10:OrdinaryShareClass22023-04-012024-03-3111861103ns10:Director22023-04-012024-03-3111861103ns10:RegisteredOffice2023-04-012024-03-3111861103ns5:CurrentFinancialInstruments2024-03-3111861103ns5:CurrentFinancialInstruments2023-03-3111861103ns5:ShareCapital2024-03-3111861103ns5:ShareCapital2023-03-3111861103ns5:RetainedEarningsAccumulatedLosses2024-03-3111861103ns5:RetainedEarningsAccumulatedLosses2023-03-3111861103ns5:NetGoodwill2023-04-012024-03-3111861103ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3111861103ns5:FurnitureFittings2023-04-012024-03-3111861103ns5:NetGoodwill2023-03-3111861103ns5:NetGoodwill2024-03-3111861103ns5:NetGoodwill2023-03-3111861103ns5:PlantMachinery2023-03-3111861103ns5:PlantMachinery2023-04-012024-03-3111861103ns5:PlantMachinery2024-03-3111861103ns5:PlantMachinery2023-03-3111861103ns10:OrdinaryShareClass12024-03-3111861103ns10:OrdinaryShareClass22024-03-31
REGISTERED NUMBER: 11861103 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

THE YORKSHIRE FOOTWEAR COMPANY LIMITED

THE YORKSHIRE FOOTWEAR COMPANY LIMITED (REGISTERED NUMBER: 11861103)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE YORKSHIRE FOOTWEAR COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: S L Jackson
K Jackson





REGISTERED OFFICE: Medina House
2 Station Avenue
Bridlington
East Yorkshire
YO16 4LZ





REGISTERED NUMBER: 11861103 (England and Wales)





ACCOUNTANTS: Lloyd Dowson Limited
Medina House
2 Station Avenue
Bridlington
East Yorkshire
YO16 4LZ

THE YORKSHIRE FOOTWEAR COMPANY LIMITED (REGISTERED NUMBER: 11861103)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 20,000 24,000
Tangible assets 5 2,774 3,263
22,774 27,263

CURRENT ASSETS
Stocks 83,197 94,012
Cash at bank 9,627 3,498
92,824 97,510
CREDITORS
Amounts falling due within one year 6 56,803 40,355
NET CURRENT ASSETS 36,021 57,155
TOTAL ASSETS LESS CURRENT
LIABILITIES

58,795

84,418

PROVISIONS FOR LIABILITIES 527 620
NET ASSETS 58,268 83,798

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 58,168 83,698
SHAREHOLDERS' FUNDS 58,268 83,798

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

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

THE YORKSHIRE FOOTWEAR COMPANY LIMITED (REGISTERED NUMBER: 11861103)

BALANCE SHEET - continued
31 MARCH 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 September 2024 and were signed on its behalf by:





S L Jackson - Director


THE YORKSHIRE FOOTWEAR COMPANY LIMITED (REGISTERED NUMBER: 11861103)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

The Yorkshire Footwear Company 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, and is derived from the sale and repair of footwear.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten years.

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.
Fixtures and fittings - 15% on reducing balance

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 Statement of Income and Retained Earnings, 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.

THE YORKSHIRE FOOTWEAR COMPANY LIMITED (REGISTERED NUMBER: 11861103)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 40,000
AMORTISATION
At 1 April 2023 16,000
Charge for year 4,000
At 31 March 2024 20,000
NET BOOK VALUE
At 31 March 2024 20,000
At 31 March 2023 24,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 6,251
DEPRECIATION
At 1 April 2023 2,988
Charge for year 489
At 31 March 2024 3,477
NET BOOK VALUE
At 31 March 2024 2,774
At 31 March 2023 3,263

THE YORKSHIRE FOOTWEAR COMPANY LIMITED (REGISTERED NUMBER: 11861103)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 27,074 24,858
Taxation and social security 20,870 11,531
Other creditors 8,859 3,966
56,803 40,355

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
50 Ordinary A £1 50 50
50 Ordinary B £1 50 50
100 100