IRIS Accounts Production v24.2.0.383 06765946 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh067659462023-03-31067659462024-03-31067659462023-04-012024-03-31067659462022-03-31067659462022-04-012023-03-31067659462023-03-3106765946ns15:EnglandWales2023-04-012024-03-3106765946ns14:PoundSterling2023-04-012024-03-3106765946ns10:Director12023-04-012024-03-3106765946ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3106765946ns10:SmallEntities2023-04-012024-03-3106765946ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3106765946ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3106765946ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3106765946ns10:FullAccounts2023-04-012024-03-3106765946ns10:OrdinaryShareClass12023-04-012024-03-3106765946ns10:Director22023-04-012024-03-3106765946ns10:RegisteredOffice2023-04-012024-03-3106765946ns5:CurrentFinancialInstruments2024-03-3106765946ns5:CurrentFinancialInstruments2023-03-3106765946ns5:Non-currentFinancialInstruments2024-03-3106765946ns5:Non-currentFinancialInstruments2023-03-3106765946ns5:ShareCapital2024-03-3106765946ns5:ShareCapital2023-03-3106765946ns5:RetainedEarningsAccumulatedLosses2024-03-3106765946ns5:RetainedEarningsAccumulatedLosses2023-03-3106765946ns5:PlantMachinery2023-04-012024-03-3106765946ns5:FurnitureFittings2023-04-012024-03-3106765946ns5:MotorVehicles2023-04-012024-03-3106765946ns5:ComputerEquipment2023-04-012024-03-3106765946ns5:PlantMachinery2023-03-3106765946ns5:PlantMachinery2024-03-3106765946ns5:PlantMachinery2023-03-3106765946ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3106765946ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3106765946ns5:Secured2024-03-3106765946ns5:Secured2023-03-3106765946ns10:OrdinaryShareClass12024-03-31067659461ns10:Director12023-03-31067659461ns10:Director12022-03-31067659461ns10:Director12023-04-012024-03-31067659461ns10:Director12022-04-012023-03-31067659461ns10:Director12024-03-31067659461ns10:Director12023-03-31
REGISTERED NUMBER: 06765946 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

THE YORKSHIRE DEMOLITION AND RECLAMATION
COMPANY LIMITED

THE YORKSHIRE DEMOLITION AND RECLAMATION
COMPANY LIMITED (REGISTERED NUMBER: 06765946)






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 DEMOLITION AND RECLAMATION
COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: P Thurlow
S L Thurlow





REGISTERED OFFICE: Holgate House
3 Thorn Barn Close
Thorngumbald
East Yorkshire
HU12 9LU





REGISTERED NUMBER: 06765946 (England and Wales)





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

THE YORKSHIRE DEMOLITION AND RECLAMATION
COMPANY LIMITED (REGISTERED NUMBER: 06765946)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 159,812 218,894
Investment property 5 101,358 101,598
261,170 320,492

CURRENT ASSETS
Debtors 6 273,826 170,702
Cash at bank 238,847 111,827
512,673 282,529
CREDITORS
Amounts falling due within one year 7 233,303 114,966
NET CURRENT ASSETS 279,370 167,563
TOTAL ASSETS LESS CURRENT
LIABILITIES

540,540

488,055

CREDITORS
Amounts falling due after more than one
year

8

(155,025

)

(197,662

)

PROVISIONS FOR LIABILITIES (39,953 ) -
NET ASSETS 345,562 290,393

CAPITAL AND RESERVES
Called up share capital 10 200 200
Retained earnings 345,362 290,193
SHAREHOLDERS' FUNDS 345,562 290,393

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 DEMOLITION AND RECLAMATION
COMPANY LIMITED (REGISTERED NUMBER: 06765946)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2024 and were signed on its behalf by:





P Thurlow - Director


THE YORKSHIRE DEMOLITION AND RECLAMATION
COMPANY LIMITED (REGISTERED NUMBER: 06765946)

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

1. STATUTORY INFORMATION

The Yorkshire Demolition and Reclamation 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.

The company's turnover is generated from demolition, asbestos removal, excavation, and reclamation within East Yorkshire and the surrounding area. Income is recognised when the customer is in receipt of the relevant goods or services.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 33% on reducing balance
Motor vehicles - 25% on cost
Computer equipment - 33% on reducing balance

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

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.

THE YORKSHIRE DEMOLITION AND RECLAMATION
COMPANY LIMITED (REGISTERED NUMBER: 06765946)

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

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the income statement over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the income statement on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates an auto-enrolment pension scheme. Contributions payable to the company's pension scheme are charged to the income statement in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 8 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 381,414
Additions 39,035
Disposals (107,490 )
At 31 March 2024 312,959
DEPRECIATION
At 1 April 2023 162,520
Charge for year 51,177
Eliminated on disposal (60,550 )
At 31 March 2024 153,147
NET BOOK VALUE
At 31 March 2024 159,812
At 31 March 2023 218,894

The net book value of tangible fixed assets includes £ 142,081 (2023 - £ 286,879 ) in respect of assets held under hire purchase contracts.

THE YORKSHIRE DEMOLITION AND RECLAMATION
COMPANY LIMITED (REGISTERED NUMBER: 06765946)

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

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 103,296
DEPRECIATION
At 1 April 2023 1,698
Charge for year 240
At 31 March 2024 1,938
NET BOOK VALUE
At 31 March 2024 101,358
At 31 March 2023 101,598

The investment property was valued on a fair value basis on 31 March 2024 by the directors.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 32,628 79,651
Other debtors 241,198 91,051
273,826 170,702

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 23,280 11,483
Hire purchase contracts 39,210 60,983
Trade creditors 25,869 17,140
Taxation and social security 136,198 18,750
Other creditors 8,746 6,610
233,303 114,966

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 59,987 38,889
Hire purchase contracts 95,038 118,077
Other creditors - 40,696
155,025 197,662

THE YORKSHIRE DEMOLITION AND RECLAMATION
COMPANY LIMITED (REGISTERED NUMBER: 06765946)

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

9. SECURED DEBTS

The following secured debts are included within creditors:

31.3.24 31.3.23
£    £   
Bank loans 47,830 60,734
Hire purchase 134,248 179,060
182,078 239,794

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
200 Ordinary £1 200 200

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
P Thurlow
Balance outstanding at start of year - -
Amounts advanced 209,373 120,509
Amounts repaid (42,548 ) (120,509 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 166,825 -