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REGISTERED NUMBER: 09455664


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

YORKSHIRE BUILDING CONTRACTORS LTD

YORKSHIRE BUILDING CONTRACTORS LTD (REGISTERED NUMBER: 09455664)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


YORKSHIRE BUILDING CONTRACTORS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTOR: I D Banks





REGISTERED OFFICE: 348 Shirehall Road
Sheffield
S5 0JP





REGISTERED NUMBER: 09455664





ACCOUNTANTS: Jones Thorne Limited
400-402 Richmond Road
Sheffield
South Yorkshire
S13 8LZ

YORKSHIRE BUILDING CONTRACTORS LTD (REGISTERED NUMBER: 09455664)

BALANCE SHEET
29 FEBRUARY 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 45,765 10,144

CURRENT ASSETS
Stocks 2,950 33,000
Debtors 5 129,464 13,951
Cash at bank 58,275 43,587
190,689 90,538
CREDITORS
Amounts falling due within one year 6 71,355 84,240
NET CURRENT ASSETS 119,334 6,298
TOTAL ASSETS LESS CURRENT
LIABILITIES

165,099

16,442

CREDITORS
Amounts falling due after more than
one year

7

(30,000

)

-

PROVISIONS FOR LIABILITIES (11,441 ) (1,927 )
NET ASSETS 123,658 14,515

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 123,656 14,513
SHAREHOLDERS' FUNDS 123,658 14,515

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

YORKSHIRE BUILDING CONTRACTORS LTD (REGISTERED NUMBER: 09455664)

BALANCE SHEET - continued
29 FEBRUARY 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 director and authorised for issue on 28 November 2024 and were signed by:





I D Banks - Director


YORKSHIRE BUILDING CONTRACTORS LTD (REGISTERED NUMBER: 09455664)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1. STATUTORY INFORMATION

Yorkshire Building Contractors Ltd is a private company, limited by shares , registered in Not specified/Other. 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.

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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.


YORKSHIRE BUILDING CONTRACTORS LTD (REGISTERED NUMBER: 09455664)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

2. ACCOUNTING POLICIES - continued
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.

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 profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2023 3,790 19,573 595 23,958
Additions - 40,000 - 40,000
Disposals - (12,083 ) - (12,083 )
At 29 February 2024 3,790 47,490 595 51,875
DEPRECIATION
At 1 March 2023 3,284 9,961 569 13,814
Charge for year 126 2,149 25 2,300
Eliminated on disposal - (10,004 ) - (10,004 )
At 29 February 2024 3,410 2,106 594 6,110
NET BOOK VALUE
At 29 February 2024 380 45,384 1 45,765
At 28 February 2023 506 9,612 26 10,144

YORKSHIRE BUILDING CONTRACTORS LTD (REGISTERED NUMBER: 09455664)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 40,000
At 29 February 2024 40,000
NET BOOK VALUE
At 29 February 2024 40,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 480 -
Amounts owed by participating interests 118,091 -
Other debtors 10,893 13,951
129,464 13,951

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Hire purchase contracts (see note 8)
7,500

-
Trade creditors 15,119 30,889
Taxation and social security 44,308 15,363
Other creditors 4,428 37,988
71,355 84,240

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
29.2.24 28.2.23
£    £   
Hire purchase contracts (see note 8)
30,000

-

YORKSHIRE BUILDING CONTRACTORS LTD (REGISTERED NUMBER: 09455664)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
29.2.24 28.2.23
£    £   
Net obligations repayable:
Within one year 7,500 -
Between one and five years 30,000 -
37,500 -

Non-cancellable operating leases
29.2.24 28.2.23
£    £   
Within one year - 872

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
2 Ordinary 1 2 2

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is I D Banks.