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Company Registration No. 10123265 (England and Wales)
Yorkshire Rural Living Limited Unaudited accounts for the year ended 30 April 2024
Yorkshire Rural Living Limited Unaudited accounts Contents
Page
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Yorkshire Rural Living Limited Company Information for the year ended 30 April 2024
Directors
Mr A Cowley Mrs E Cowley
Company Number
10123265 (England and Wales)
Registered Office
NUTWOOD LOW DALBY PICKERING YO18 7LT ENGLAND
Accountants
Woolley & Co - Accountants and Chartered Tax Advisors Crown House, York Road Shiptonthorpe York East Yorkshire YO43 3PF
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Yorkshire Rural Living Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,098 
2,622 
Investment property
125,000 
- 
127,098 
2,622 
Current assets
Inventories
295,500 
222,438 
Debtors
6,628 
4,318 
Cash at bank and in hand
381,172 
407,054 
683,300 
633,810 
Creditors: amounts falling due within one year
(632,002)
(439,840)
Net current assets
51,298 
193,970 
Total assets less current liabilities
178,396 
196,592 
Creditors: amounts falling due after more than one year
(13,402)
(23,402)
Net assets
164,994 
173,190 
Capital and reserves
Called up share capital
150 
150 
Profit and loss account
164,844 
173,040 
Shareholders' funds
164,994 
173,190 
For the year ending 30 April 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2024 and were signed on its behalf by
Mr A Cowley Director Company Registration No. 10123265
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Yorkshire Rural Living Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Yorkshire Rural Living Limited is a private company, limited by shares, registered in England and Wales, registration number 10123265. The registered office is NUTWOOD, LOW DALBY, PICKERING, YO18 7LT, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on a reducing balance
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Yorkshire Rural Living Limited Notes to the Accounts for the year ended 30 April 2024
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 May 2023
6,400 
At 30 April 2024
6,400 
Depreciation
At 1 May 2023
3,778 
Charge for the year
524 
At 30 April 2024
4,302 
Net book value
At 30 April 2024
2,098 
At 30 April 2023
2,622 
5
Investment property
2024 
£ 
Additions
125,000 
At 30 April 2024
125,000 
The investment property relates to woodland purchased by the company. The value used at the balance sheet date equates to the cost. The directors believe that this value is a fair value.
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
6,628 
3,015 
Other debtors
- 
1,303 
6,628 
4,318 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
Trade creditors
125 
40,858 
Loans from directors
620,997 
388,172 
Accruals
880 
810 
632,002 
439,840 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
13,402 
23,402 
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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