Caseware UK (AP4) 2023.0.135 2023.0.135 6The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-04-01falseNo description of principal activity6falsetrue 05678997 2023-04-01 2024-03-31 05678997 2022-04-01 2023-03-31 05678997 2024-03-31 05678997 2023-03-31 05678997 c:Director3 2023-04-01 2024-03-31 05678997 d:ComputerEquipment 2023-04-01 2024-03-31 05678997 d:OtherPropertyPlantEquipment 2023-04-01 2024-03-31 05678997 d:OtherPropertyPlantEquipment 2024-03-31 05678997 d:OtherPropertyPlantEquipment 2023-03-31 05678997 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 05678997 d:CurrentFinancialInstruments 2024-03-31 05678997 d:CurrentFinancialInstruments 2023-03-31 05678997 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 05678997 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 05678997 d:ShareCapital 2024-03-31 05678997 d:ShareCapital 2023-03-31 05678997 d:RetainedEarningsAccumulatedLosses 2024-03-31 05678997 d:RetainedEarningsAccumulatedLosses 2023-03-31 05678997 c:FRS102 2023-04-01 2024-03-31 05678997 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 05678997 c:FullAccounts 2023-04-01 2024-03-31 05678997 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05678997 d:Subsidiary1 2023-04-01 2024-03-31 05678997 d:Subsidiary1 1 2023-04-01 2024-03-31 05678997 d:Subsidiary2 2023-04-01 2024-03-31 05678997 d:Subsidiary2 1 2023-04-01 2024-03-31 05678997 d:Subsidiary4 2023-04-01 2024-03-31 05678997 d:Subsidiary4 1 2023-04-01 2024-03-31 05678997 6 2023-04-01 2024-03-31 05678997 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Registered number: 05678997













Cecil M. Yuill Limited

Financial statements
Information for filing with the registrar

31 March 2024




 
Cecil M. Yuill Limited


Balance sheet
At 31 March 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,359
1,516

Investments
 5 
20,991
62

  
22,350
1,578

Current assets
  

Stocks
 6 
591,251
553,260

Debtors: amounts falling due within one year
 7 
1,229,013
1,677,759

Bank and cash balances
  
154,855
112,924

  
1,975,119
2,343,943

Creditors: amounts falling due within one year
 8 
(254,511)
(386,095)

Net current assets
  
 
 
1,720,608
 
 
1,957,848

Total assets less current liabilities
  
1,742,958
1,959,426

Provisions for liabilities
  

Deferred tax
  
(124)
(115)

  
 
 
(124)
 
 
(115)

Net assets
  
1,742,834
1,959,311


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
1,741,834
1,958,311

Shareholders' funds
  
1,742,834
1,959,311


1

 
Cecil M. Yuill Limited

    
Balance sheet (continued)
At 31 March 2024

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 1 November 2024.




E R T Yuill
Director

Registered number: 05678997
The notes on pages 3 to 6 form part of these financial statements. 

2

 
Cecil M. Yuill Limited
 
 

Notes to the financial statements
Year ended 31 March 2024

1.


General information

The company is a private company limited by shares, incorporated and domiciled in the United Kingdom. The address of the registered office is Hub 1 The Innovation Centre, Venture Court, Queens Meadow Business Park, Hartlepool, TS25 5TG.

2.Accounting policies

 
2.1

Statement of compliance

The financial statements have been prepared in accordance with Section 1A of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland' (FRS 102) and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue recognition

Turnover comprises revenue earned in relation to the company's principal activity. 

 
2.3

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses.

The estimated useful lives range as follows:

Computer equipment
-
3 years

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

3

 
Cecil M. Yuill Limited
 

 
Notes to the financial statements
Year ended 31 March 2024

2.Accounting policies (continued)

 
2.7

Work in progress

Work in progress is valued at the lower of cost and net realisable value. 

 
2.8

Financial instruments

Basic financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.


3.


Employees

The average monthly number of employees, including directors, during the year was 6 (2023 - 6).


4.


Tangible fixed assets





Computer equipment

£



Cost


At 1 April 2023
41,112


Additions
2,023



At 31 March 2024

43,135



Depreciation


At 1 April 2023
39,596


Charge for the year
2,180



At 31 March 2024

41,776



Net book value



At 31 March 2024
1,359



At 31 March 2023
1,516

4

 
Cecil M. Yuill Limited
 
 

Notes to the financial statements
Year ended 31 March 2024

5.


Fixed asset investments





Investments in subsidiary companies
Unlisted investments
Total

£
£
£



Cost or valuation


At 1 April 2023
2
60
62


Additions
20,929
-
20,929



At 31 March 2024
20,931
60
20,991





Subsidiary undertakings


The following were subsidiary undertakings of the company:

Name

Principal activity

Class of shares

Holding

Peggland Limited
Long term property development
Ordinary
100%
Yuill Homes Limited
Dormant
Ordinary
100%
North Yorkshire Direct Limited
Long term property development
A Ordinary
50%

The aggregate of the share capital and reserves as at 31 March 2024 and the profit or loss for the year ended on that date for the subsidiary undertakings were as follows:

Name
Aggregate of share capital and reserves
Profit/(Loss)
£
£

Peggland Limited
(16,173)
8,524

Yuill Homes Limited
1
-

North Yorkshire Direct Limited
28,863
(1,457)


6.


Stocks

2024
2023
£
£

Work in progress
591,251
553,260

591,251
553,260


5

 
Cecil M. Yuill Limited
 
 

Notes to the financial statements
Year ended 31 March 2024

7.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
54,864
54,864

Loans to related parties
665,000
665,000

Other debtors
459,371
957,895

Tax recoverable
49,778
-

1,229,013
1,677,759



8.


Creditors: amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
39,194
46,092

Corporation tax
-
44,082

Other taxation and social security
-
127,718

Other creditors
200,669
157,256

Accruals and deferred income
14,648
10,947

254,511
386,095


 
6