Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30Other letting and operating of owned or leased real estatefalse2023-04-01false33truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09104132 2023-04-01 2024-06-30 09104132 2024-06-30 09104132 2022-07-01 2023-03-31 09104132 2023-03-31 09104132 c:Director2 2023-04-01 2024-06-30 09104132 d:MotorVehicles 2023-04-01 2024-06-30 09104132 d:MotorVehicles 2024-06-30 09104132 d:MotorVehicles 2023-03-31 09104132 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-04-01 2024-06-30 09104132 d:CurrentFinancialInstruments 2024-06-30 09104132 d:CurrentFinancialInstruments 2023-03-31 09104132 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 09104132 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 09104132 d:ShareCapital 2024-06-30 09104132 d:ShareCapital 2023-03-31 09104132 d:RetainedEarningsAccumulatedLosses 2024-06-30 09104132 d:RetainedEarningsAccumulatedLosses 2023-03-31 09104132 c:FRS102 2023-04-01 2024-06-30 09104132 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-06-30 09104132 c:FullAccounts 2023-04-01 2024-06-30 09104132 c:PrivateLimitedCompanyLtd 2023-04-01 2024-06-30 09104132 e:PoundSterling 2023-04-01 2024-06-30 iso4217:GBP xbrli:pure

Company Registration Number 09104132























YORPLACE LIMITED





UNAUDITED
FINANCIAL STATEMENTS





 30 JUNE 2024

























img5b53.png

 
YORPLACE LIMITED
REGISTERED NUMBER: 09104132

STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2024

30 June
31 March
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
43,103
22,964

  
43,103
22,964

Current assets
  

Stocks
  
3,284,829
2,202,434

Debtors: amounts falling due within one year
 5 
49,373
3,932

Cash at bank and in hand
 6 
21,461
756,956

  
3,355,663
2,963,322

Creditors: amounts falling due within one year
 7 
(1,208,398)
(770,411)

Net current assets
  
 
 
2,147,265
 
 
2,192,911

Total assets less current liabilities
  
2,190,368
2,215,875

  

Net assets
  
2,190,368
2,215,875


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
2,190,367
2,215,874

  
2,190,368
2,215,875


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 period 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 profit and loss account 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 18 March 2025.

T J Morton
Director

The notes on pages 3 to 7 form part of these financial statements.
Page 1

 
YORPLACE LIMITED
REGISTERED NUMBER: 09104132

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 JUNE 2024


Page 2

 
YORPLACE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

1.


General information

Yorplace Ltd is a company limited by shares, incorporated in England and Wales under company number
09104132. The company's registered office is 3rd Floor, Goodbard House, 15 Infirmary Street, Leeds, LS1
2JS.
These financial statements have been presented in Pound Sterling as this is the currency of the primary
economic environment in which the company operates.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
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 Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
YORPLACE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.4

Taxation

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 reporting 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. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
20%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 4

 
YORPLACE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the period was 3 (2023 - 3).


4.


Tangible fixed assets







Motor vehicles

£



Cost or valuation


At 1 April 2023
51,690


Additions
52,780


Disposals
(51,690)



At 30 June 2024

52,780



Depreciation


At 1 April 2023
28,726


Charge for the period on owned assets
11,748


Disposals
(30,797)



At 30 June 2024

9,677



Net book value



At 30 June 2024
43,103



At 31 March 2023
22,964

Page 5

 
YORPLACE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

5.


Debtors

30 June
31 March
2024
2023
£
£


Other debtors
49,373
3,932

49,373
3,932



6.


Cash and cash equivalents

30 June
31 March
2024
2023
£
£

Cash at bank and in hand
21,461
756,956

21,461
756,956



7.


Creditors: Amounts falling due within one year

30 June
31 March
2024
2023
£
£

Trade creditors
22,294
163,723

Corporation tax
11,942
254,782

Other taxation and social security
-
157

Other creditors
1,167,869
345,797

Accruals and deferred income
6,293
5,952

1,208,398
770,411



8.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held
separately from those of the Company in an independently administered fund. The pension cost charge
represents contributions payable by the Company to the fund and amounted to £ 60,000 (2023 - NIL).

Page 6

 
YORPLACE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

9.


Related party transactions

T J Morton is the director of both Yorparks Limited and Yorplace Limited. During the year a management
charge of £30,000 was charged to Yorplace Limited. At the period end, Yorplace Limited owed Yorparks
Limited capital and interest of £1,009,603 (2023 - £112,531). Of this, interest of £40,673 (2023 -
£112,531) has been charged on this loan.
T J Morton is the director of both Yorhomes Limited and Yorplace Limited, At the period end, Yorhomes
Limited owes Yorplace Limited capital and interest of £25,000 (2023 - NIL). No interest has been charged
on this loan.
At the year end, T J Morton was owed £80,000 by the company (2023 - £155,000). Interest for the year of NIL (2023 - NIL) has been charged on this loan.


Page 7