IRIS Accounts Production v24.3.2.46 11712051 Board of Directors 1.7.23 30.6.24 30.6.24 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh117120512023-06-30117120512024-06-30117120512023-07-012024-06-30117120512022-06-30117120512022-07-012023-06-30117120512023-06-3011712051ns15:EnglandWales2023-07-012024-06-3011712051ns14:PoundSterling2023-07-012024-06-3011712051ns10:Director12023-07-012024-06-3011712051ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3011712051ns10:SmallEntities2023-07-012024-06-3011712051ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3011712051ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3011712051ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3011712051ns10:FullAccounts2023-07-012024-06-3011712051ns10:Director22023-07-012024-06-3011712051ns10:RegisteredOffice2023-07-012024-06-3011712051ns5:CurrentFinancialInstruments2024-06-3011712051ns5:CurrentFinancialInstruments2023-06-3011712051ns5:Non-currentFinancialInstruments2024-06-3011712051ns5:Non-currentFinancialInstruments2023-06-3011712051ns5:ShareCapital2024-06-3011712051ns5:ShareCapital2023-06-3011712051ns5:RevaluationReserve2024-06-3011712051ns5:RevaluationReserve2023-06-3011712051ns5:RetainedEarningsAccumulatedLosses2024-06-3011712051ns5:RetainedEarningsAccumulatedLosses2023-06-3011712051ns5:PlantMachinery2023-07-012024-06-3011712051ns5:PlantMachinery2023-06-3011712051ns5:PlantMachinery2024-06-3011712051ns5:PlantMachinery2023-06-3011712051ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3011712051ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-3011712051ns5:Secured2024-06-3011712051ns5:Secured2023-06-3011712051ns5:RevaluationReserve2023-06-30
REGISTERED NUMBER: 11712051 (England and Wales)






















Springdale Properties Yorkshire Limited

Unaudited Financial Statements for the Year Ended 30 June 2024






Springdale Properties Yorkshire Limited (Registered number: 11712051)






Contents of the Financial Statements
for the year ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Springdale Properties Yorkshire Limited

Company Information
for the year ended 30 June 2024







DIRECTORS: R A Wastling
W R Wastling





REGISTERED OFFICE: Thirtleby Grange
Thirtleby
Coniston
East Yorkshire
HU11 4LL





REGISTERED NUMBER: 11712051 (England and Wales)





ACCOUNTANTS: Smailes Goldie
Chartered Accountants
Regent's Court
Princess Street
Hull
East Yorkshire
HU2 8BA

Springdale Properties Yorkshire Limited (Registered number: 11712051)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,945 2,384
Investment property 5 931,000 396,000
932,945 398,384

CURRENT ASSETS
Debtors 6 1,588 880
Cash at bank and in hand 9,008 34,955
10,596 35,835
CREDITORS
Amounts falling due within one year 7 6,425 3,300
NET CURRENT ASSETS 4,171 32,535
TOTAL ASSETS LESS CURRENT
LIABILITIES

937,116

430,919

CREDITORS
Amounts falling due after more than one
year

8

(869,671

)

(376,448

)

PROVISIONS FOR LIABILITIES (3,322 ) (3,405 )
NET ASSETS 64,123 51,066

CAPITAL AND RESERVES
Called up share capital 100 100
Non-distributable reserves 10 12,582 12,582
Retained earnings 51,441 38,384
SHAREHOLDERS' FUNDS 64,123 51,066

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

Springdale Properties Yorkshire Limited (Registered number: 11712051)

Balance Sheet - continued
30 June 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 December 2024 and were signed on its behalf by:





W R Wastling - Director


Springdale Properties Yorkshire Limited (Registered number: 11712051)

Notes to the Financial Statements
for the year ended 30 June 2024

1. STATUTORY INFORMATION

Springdale Properties 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 as modified by the revaluation of certain assets.

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 the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 10% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

3. EMPLOYEES AND DIRECTORS

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

Springdale Properties Yorkshire Limited (Registered number: 11712051)

Notes to the Financial Statements - continued
for the year ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023
and 30 June 2024 4,386
DEPRECIATION
At 1 July 2023 2,002
Charge for year 439
At 30 June 2024 2,441
NET BOOK VALUE
At 30 June 2024 1,945
At 30 June 2023 2,384

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023 396,000
Additions 535,000
At 30 June 2024 931,000
NET BOOK VALUE
At 30 June 2024 931,000
At 30 June 2023 396,000

Fair value at 30 June 2024 is represented by:
£   
Valuation in 2021 15,533
Cost 915,467
931,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 1,588 880

Springdale Properties Yorkshire Limited (Registered number: 11712051)

Notes to the Financial Statements - continued
for the year ended 30 June 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,599 1,257
Taxation and social security 3,146 483
Other creditors 1,680 1,560
6,425 3,300

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 283,171 283,123
Amounts owed to group undertakings 586,500 93,325
869,671 376,448

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 283,171 283,123

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 283,171 283,123

The bank loan is secured on certain assets of the company.

10. RESERVES
Non-distributable
reserves
£   
At 1 July 2023
and 30 June 2024 12,582