IRIS Accounts Production v24.3.2.46 12003842 Board of Directors 1.6.23 31.5.24 31.5.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh120038422023-05-31120038422024-05-31120038422023-06-012024-05-31120038422022-05-31120038422022-06-012023-05-31120038422023-05-3112003842ns15:EnglandWales2023-06-012024-05-3112003842ns14:PoundSterling2023-06-012024-05-3112003842ns10:Director12023-06-012024-05-3112003842ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3112003842ns10:SmallEntities2023-06-012024-05-3112003842ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3112003842ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3112003842ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3112003842ns10:FullAccounts2023-06-012024-05-3112003842ns10:Director22023-06-012024-05-3112003842ns10:CompanySecretary12023-06-012024-05-3112003842ns10:RegisteredOffice2023-06-012024-05-3112003842ns5:CurrentFinancialInstruments2024-05-3112003842ns5:CurrentFinancialInstruments2023-05-3112003842ns5:Non-currentFinancialInstruments2024-05-3112003842ns5:Non-currentFinancialInstruments2023-05-3112003842ns5:ShareCapital2024-05-3112003842ns5:ShareCapital2023-05-3112003842ns5:RetainedEarningsAccumulatedLosses2024-05-3112003842ns5:RetainedEarningsAccumulatedLosses2023-05-3112003842ns5:PlantMachinery2023-06-012024-05-3112003842ns5:PlantMachinery2024-05-3112003842ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-05-3112003842ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-05-31
REGISTERED NUMBER: 12003842 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Worthington Homes (Yorkshire) Limited

Worthington Homes (Yorkshire) Limited (Registered number: 12003842)

Contents of the Financial Statements
for the Year Ended 31 May 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Worthington Homes (Yorkshire) Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: C P Lawton
R Worthington





SECRETARY:





REGISTERED OFFICE: Lower Goat House
Oldham Road
Rishworth
Sowerby Bridge
West Yorkshire
HX6 4QB





REGISTERED NUMBER: 12003842 (England and Wales)





ACCOUNTANTS: Horley Green Chartered Accountants
Horley Green House
Horley Green Road
Claremount
Halifax
West Yorkshire
HX3 6AS

Worthington Homes (Yorkshire) Limited (Registered number: 12003842)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 32,800 -

CURRENT ASSETS
Stocks 2,698,773 2,458,633
Debtors 5 58,621 16,270
Cash at bank 1,506 1,571
2,758,900 2,476,474
CREDITORS
Amounts falling due within one year 6 2,823,503 2,557,913
NET CURRENT LIABILITIES (64,603 ) (81,439 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(31,803

)

(81,439

)

CREDITORS
Amounts falling due after more than one year 7 43,382 50,613
NET LIABILITIES (75,185 ) (132,052 )

CAPITAL AND RESERVES
Called up share capital 143 143
Retained earnings (75,328 ) (132,195 )
(75,185 ) (132,052 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

Worthington Homes (Yorkshire) Limited (Registered number: 12003842)

Balance Sheet - continued
31 May 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 27 February 2025 and were signed on its behalf by:





R Worthington - Director


Worthington Homes (Yorkshire) Limited (Registered number: 12003842)

Notes to the Financial Statements
for the Year Ended 31 May 2024


1. STATUTORY INFORMATION

Worthington Homes (Yorkshire) 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 represents the net amount receivable for goods supplied and services provided, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Worthington Homes (Yorkshire) Limited (Registered number: 12003842)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
Additions 41,000
At 31 May 2024 41,000
DEPRECIATION
Charge for year 8,200
At 31 May 2024 8,200
NET BOOK VALUE
At 31 May 2024 32,800

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
VAT 58,621 16,270

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors 183,552 35,774
Loan - HGF Investments Ltd 349,033 142,500
Loan - HGF Properties Ltd 178,000 84,000
Directors' loan accounts 2,112,884 2,295,639
Accrued expenses 34 -
2,823,503 2,557,913

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans 43,382 50,613

8. RELATED PARTY DISCLOSURES

The company is controlled by the company director.