Amber Yorkshire Limited 07357957 false 2023-09-01 2024-08-31 2024-08-31 The principal activity of the company is the manufacture of radiator covers. Digita Accounts Production Advanced 6.30.9574.0 true 07357957 2023-09-01 2024-08-31 07357957 2024-08-31 07357957 bus:OrdinaryShareClass1 2024-08-31 07357957 2 2024-08-31 07357957 core:RetainedEarningsAccumulatedLosses 2024-08-31 07357957 core:ShareCapital 2024-08-31 07357957 core:CurrentFinancialInstruments 2024-08-31 07357957 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 07357957 core:FurnitureFittings 2024-08-31 07357957 core:MotorVehicles 2024-08-31 07357957 core:OfficeEquipment 2024-08-31 07357957 core:PlantMachinery 2024-08-31 07357957 bus:SmallEntities 2023-09-01 2024-08-31 07357957 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 07357957 bus:FilletedAccounts 2023-09-01 2024-08-31 07357957 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 07357957 bus:RegisteredOffice 2023-09-01 2024-08-31 07357957 bus:Director1 2023-09-01 2024-08-31 07357957 bus:Director2 2023-09-01 2024-08-31 07357957 bus:OrdinaryShareClass1 2023-09-01 2024-08-31 07357957 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 07357957 core:FurnitureFittings 2023-09-01 2024-08-31 07357957 core:MotorVehicles 2023-09-01 2024-08-31 07357957 core:OfficeEquipment 2023-09-01 2024-08-31 07357957 core:PlantMachinery 2023-09-01 2024-08-31 07357957 countries:EnglandWales 2023-09-01 2024-08-31 07357957 2023-08-31 07357957 core:FurnitureFittings 2023-08-31 07357957 core:MotorVehicles 2023-08-31 07357957 core:OfficeEquipment 2023-08-31 07357957 core:PlantMachinery 2023-08-31 07357957 2022-09-01 2023-08-31 07357957 2023-08-31 07357957 bus:OrdinaryShareClass1 2023-08-31 07357957 2 2023-08-31 07357957 core:RetainedEarningsAccumulatedLosses 2023-08-31 07357957 core:ShareCapital 2023-08-31 07357957 core:CurrentFinancialInstruments 2023-08-31 07357957 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 07357957 core:FurnitureFittings 2023-08-31 07357957 core:MotorVehicles 2023-08-31 07357957 core:OfficeEquipment 2023-08-31 07357957 core:PlantMachinery 2023-08-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 07357957

Amber Yorkshire Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 August 2024

 

Amber Yorkshire Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 7

 

Amber Yorkshire Limited

Company Information

Directors

Miss S Hullah

Mr R Mellon

Registered office

C/O Smith Butler,
Sapper Jordan Rossi Park
Otley Road
Baildon
West Yorkshire
BD17 7AX

Accountants

Smith Butler
Accountants and Business Advisors
Sapper Jordan Rossi Park
Otley Road
Baildon
West Yorkshire
BD17 7AX

 

Amber Yorkshire Limited

(Registration number: 07357957)
Balance Sheet as at 31 August 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

46,677

60,031

Current assets

 

Stocks

5

12,000

20,000

Debtors

6

4,065

7,182

Cash at bank and in hand

 

135,222

121,265

 

151,287

148,447

Creditors: Amounts falling due within one year

7

(17,356)

(3,920)

Net current assets

 

133,931

144,527

Net assets

 

180,608

204,558

Capital and reserves

 

Called up share capital

8

100

100

Retained earnings

180,508

204,458

Shareholders' funds

 

180,608

204,558

For the financial year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the Board on 20 October 2024 and signed on its behalf by:
 

.........................................
Mr R Mellon
Director

 

Amber Yorkshire Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
C/O Smith Butler,
Sapper Jordan Rossi Park
Otley Road
Baildon
West Yorkshire
BD17 7AX
United Kingdom

These financial statements were authorised for issue by the Board on 20 October 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Amber Yorkshire Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

20% Reducing balance

Office equipment

20% Reducing balance

Motor vehicles

25% Reducing balance

Website costs

20% Straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

 

Amber Yorkshire Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2023 - 4).

 

Amber Yorkshire Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

4

Tangible assets

Fixtures and fittings
£

Plant and machinery
£

Office equipment
£

Motor vehicles
 £

Cost or valuation

At 1 September 2023

8,275

34,559

5,258

84,803

Additions

-

1,423

-

-

At 31 August 2024

8,275

35,982

5,258

84,803

Depreciation

At 1 September 2023

5,554

26,632

2,190

38,488

Charge for the year

821

1,763

614

11,579

At 31 August 2024

6,375

28,395

2,804

50,067

Carrying amount

At 31 August 2024

1,900

7,587

2,454

34,736

At 31 August 2023

2,721

7,927

3,068

46,315

Total
£

Cost or valuation

At 1 September 2023

132,895

Additions

1,423

At 31 August 2024

134,318

Depreciation

At 1 September 2023

72,864

Charge for the year

14,777

At 31 August 2024

87,641

Carrying amount

At 31 August 2024

46,677

At 31 August 2023

60,031

5

Stocks

2024
£

2023
£

Other inventories

12,000

20,000

 

Amber Yorkshire Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

6

debtors

Note

2024
£

2023
£

Other debtors

 

2,398

114

Prepayments

 

1,667

-

Income tax asset

-

7,068

 

4,065

7,182

7

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

16,401

3,018

Other creditors

955

902

17,356

3,920

8

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

100

100

100

100