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REGISTERED NUMBER: 15143438 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 18 SEPTEMBER 2023 TO 31 MARCH 2024

FOR

LET LOOSE YORKSHIRE LIMITED

LET LOOSE YORKSHIRE LIMITED (REGISTERED NUMBER: 15143438)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 18 SEPTEMBER 2023 TO 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LET LOOSE YORKSHIRE LIMITED

COMPANY INFORMATION
FOR THE PERIOD 18 SEPTEMBER 2023 TO 31 MARCH 2024







DIRECTORS: Miss. L. A. Emanuel
Rev. J. Cooper
Mrs. S. J. McKinlay



REGISTERED OFFICE: Revive Church
Kingswood House Ashcombe Road
Kingswood Retail Park
Hull
HU7 3DD



REGISTERED NUMBER: 15143438 (England and Wales)



ACCOUNTANTS: Smethurst & Co LLP
12 Abbey Road
GRIMSBY
DN32 0HL



BANKERS: Virgin Money
The Team at Virgin Money
Sunderland
SR43 4JB

LET LOOSE YORKSHIRE LIMITED (REGISTERED NUMBER: 15143438)

BALANCE SHEET
31 MARCH 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 573,104

CURRENT ASSETS
Stocks 5 1,500
Debtors 6 20,387
Cash at bank 5,247
27,134
CREDITORS
Amounts falling due within one year 7 651,780
NET CURRENT LIABILITIES (624,646 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(51,542

)

CAPITAL AND RESERVES
Allotted, called up and
fully paid share capital 1
Profit and loss account (51,543 )
(51,542 )

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

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

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 March 2025 and were signed on its behalf by:





Rev. J. Cooper - Director


LET LOOSE YORKSHIRE LIMITED (REGISTERED NUMBER: 15143438)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 18 SEPTEMBER 2023 TO 31 MARCH 2024


1. STATUTORY INFORMATION

Let Loose 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Property and Activity equipment - 5% Straight Line
Improvements to property - 5% Straight Line
Fixtures, fittings & equipment - 20% Straight Line

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 period comprises of current tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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 not included on the basis the Company has an obligation to donate any taxable profits to Revive Church.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. TANGIBLE FIXED ASSETS
Property
and Improvements Fixtures,
Activity to fittings
equipment property & equipment Totals
£    £    £    £   
COST
Additions 434,891 127,754 21,653 584,298
Disposals - - (583 ) (583 )
At 31 March 2024 434,891 127,754 21,070 583,715
DEPRECIATION
Charge for period 8,912 29 1,670 10,611
At 31 March 2024 8,912 29 1,670 10,611
NET BOOK VALUE
At 31 March 2024 425,979 127,725 19,400 573,104

LET LOOSE YORKSHIRE LIMITED (REGISTERED NUMBER: 15143438)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 18 SEPTEMBER 2023 TO 31 MARCH 2024


4. TANGIBLE FIXED ASSETS - continued

The payments toward the post year end installation of the Dome Insulation have been capitalised within Improvements to property and will be depreciated from the date the asset was installed and was brought into use.

5. STOCKS
£   
Stocks 1,500

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 20,387

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 651,780

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
£   
Within one year 20,808

9. RELATED PARTY DISCLOSURES

Let Loose Yorkshire Limited is the wholly owned subsidiary of Revive Church.

The total amount due from Let Loose Yorkshire Limited to Revive Church at 31st March 2024 was £534,075.

10. ULTIMATE CONTROLLING PARTY

Ultimate control of the company lies with its parent, Revive Church.