2023-02-01 04374896 2024-01-31 04374896 2023-02-01 2024-01-31 04374896 2023-01-31 04374896 2022-02-01 2023-01-31 04374896 uk-core:WithinOneYear 2023-01-31 04374896 uk-core:WithinOneYear 2024-01-31 04374896 uk-core:AfterOneYear 2023-01-31 04374896 uk-core:AfterOneYear 2024-01-31 04374896 uk-core:ShareCapital 2024-01-31 04374896 uk-core:ShareCapital 2023-01-31 04374896 uk-core:RetainedEarningsAccumulatedLosses 2024-01-31 04374896 uk-core:RetainedEarningsAccumulatedLosses 2023-01-31 04374896 uk-bus:Director1 2023-02-01 2024-01-31 04374896 uk-core:Buildings 2023-02-01 2024-01-31 04374896 uk-core:PlantMachinery 2023-02-01 2024-01-31 04374896 uk-core:CommercialMotorVehicles 2023-02-01 2024-01-31 04374896 uk-core:FurnitureFittings 2023-02-01 2024-01-31 04374896 uk-core:FurnitureFittings 2023-01-31 04374896 uk-core:CommercialMotorVehicles 2023-01-31 04374896 uk-core:PlantMachinery 2023-01-31 04374896 uk-core:Buildings 2023-01-31 04374896 uk-core:PlantMachinery 2024-01-31 04374896 uk-core:CommercialMotorVehicles 2024-01-31 04374896 uk-core:FurnitureFittings 2024-01-31 04374896 uk-core:Buildings 2024-01-31 iso4217:GBP xbrli:pure 04374896 uk-bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 04374896 uk-bus:FRS102 2023-02-01 2024-01-31 04374896 uk-bus:FilletedAccounts 2023-02-01 2024-01-31 04374896 uk-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31
Richard Yorke Ltd
Registered Number:04374896
For the year ended 31 January 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 January 2024
Richard Yorke Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
04374896
As at 31 January 2024
Richard Yorke Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
534,075
565,195
2
534,075
565,195
Current assets
Inventories
23,699
53,782
3
Trade and other receivables
214,756
257,932
4
231,260
Cash and cash equivalents
180,085
491,799
469,715
Trade and other payables: amounts falling due within one
year
(694,101)
(707,771)
5
(224,386)
(215,972)
Net current liabilities
Total assets less current liabilities
318,103
340,809
Trade and other payables: amounts falling due after more
than one year
(26,484)
(6,857)
6
311,246
Net assets
314,325
Capital and reserves
Called up share capital
225
225
Retained earnings
311,021
314,100
311,246
314,325
Shareholders' funds
For the 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 members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Richard Yorke Director
These financial statements were approved and authorised for issue by the Board on 14 May 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 January 2024
Richard Yorke Ltd
Notes to the Financial Statements
Statutory Information
Richard Yorke Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 04374896.
Registered address:
Penshwa
Cefn Mawr
Newtown
Powys
SY16 3LY
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and buildings
0% Per annum on cost
Plant and machinery
15% Reducing balance
25% Reducing balance
Motor vehicles
15% Reducing balance
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
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5
For the year ended 31 January 2024
Richard Yorke Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Fixtures and
fittings
Motor vehicles
Plant and
machinery
Land and
buildings
£
£
£
£
£
Cost or
valuation
At 01 February 2023
1,543,307
24,796
721,987
735,396
61,128
84,083
3,275
44,500
36,308
-
Additions
-
(600)
-
-
Disposals
(600)
At 31 January 2024
771,704
765,887
28,071
1,626,790
61,128
Provision for depreciation and impairment
At 01 February 2023
978,112
11,846
497,756
468,510
-
Charge for year
115,060
2,434
67,147
45,479
-
(457)
-
(457)
-
-
On disposal
At 31 January 2024
1,092,715
14,280
564,446
513,989
-
At 31 January 2024
Net book value
61,128
257,715
201,441
13,791
534,075
At 31 January 2023
61,128
266,886
224,231
12,950
565,195
3. Inventories
2023
2024
£
£
Stocks
53,782
23,699
4. Trade and other receivables
2023
2024
£
£
Trade debtors
256,892
213,636
Other debtors
1,040
1,120
214,756
257,932
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
140,848
102,176
Taxation and social security
89,392
87,831
Other creditors
477,531
504,094
707,771
694,101
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6
For the year ended 31 January 2024
Richard Yorke Ltd
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft (secured)
6,857
26,484
7. Average number of persons employed
During the year the average number of employees was 14 (2023 : 14)
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