IRIS Accounts Production v25.1.3.33 12170854 director 1.9.23 31.8.24 31.8.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh121708542023-08-31121708542024-08-31121708542023-09-012024-08-31121708542022-08-31121708542022-09-012023-08-31121708542023-08-3112170854ns15:EnglandWales2023-09-012024-08-3112170854ns14:PoundSterling2023-09-012024-08-3112170854ns10:Director12023-09-012024-08-3112170854ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3112170854ns10:SmallEntities2023-09-012024-08-3112170854ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3112170854ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3112170854ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3112170854ns10:FullAccounts2023-09-012024-08-3112170854ns10:RegisteredOffice2023-09-012024-08-3112170854ns5:CurrentFinancialInstruments2024-08-3112170854ns5:CurrentFinancialInstruments2023-08-3112170854ns5:Non-currentFinancialInstruments2024-08-3112170854ns5:Non-currentFinancialInstruments2023-08-3112170854ns5:ShareCapital2024-08-3112170854ns5:ShareCapital2023-08-3112170854ns5:RetainedEarningsAccumulatedLosses2024-08-3112170854ns5:RetainedEarningsAccumulatedLosses2023-08-3112170854ns5:MotorVehicles2023-09-012024-08-3112170854ns5:LandBuildings2023-08-3112170854ns5:MotorVehicles2023-08-3112170854ns5:LandBuildings2023-09-012024-08-3112170854ns5:LandBuildings2024-08-3112170854ns5:MotorVehicles2024-08-3112170854ns5:LandBuildings2023-08-3112170854ns5:MotorVehicles2023-08-3112170854ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3112170854ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-3112170854ns5:DeferredTaxation2023-08-3112170854ns5:DeferredTaxation2024-08-31
REGISTERED NUMBER: 12170854 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

1st Class Yorkshire Holdings Limited

1st Class Yorkshire Holdings Limited (Registered number: 12170854)






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




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


1st Class Yorkshire Holdings Limited

Company Information
for the Year Ended 31 August 2024







DIRECTOR: M K Ahmed





REGISTERED OFFICE: Bank House, 27 King Street, Leeds,
Leeds
LS1 2HL





REGISTERED NUMBER: 12170854 (England and Wales)





ACCOUNTANTS: DWilkinson&Company
Bank House
27 King Street
Leeds
West Yorkshire
LS1 2HL

1st Class Yorkshire Holdings Limited (Registered number: 12170854)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 2,206,678 2,423,543

CURRENT ASSETS
Debtors 5 685,078 869,478
Cash at bank 4,144 1,845
689,222 871,323
CREDITORS
Amounts falling due within one year 6 1,590,137 1,166,146
NET CURRENT LIABILITIES (900,915 ) (294,823 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,305,763

2,128,720

CREDITORS
Amounts falling due after more than
one year

7

(1,036,806

)

(1,418,915

)

PROVISIONS FOR LIABILITIES 8 (32,949 ) (169,352 )
NET ASSETS 236,008 540,453

1st Class Yorkshire Holdings Limited (Registered number: 12170854)

Balance Sheet - continued
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 236,007 540,452
236,008 540,453

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 May 2025 and were signed by:





M K Ahmed - Director


1st Class Yorkshire Holdings Limited (Registered number: 12170854)

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

1. STATUTORY INFORMATION

1st Class Yorkshire Holdings 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 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 each asset over its estimated useful life.
Motor vehicles - 20% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

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

1st Class Yorkshire Holdings Limited (Registered number: 12170854)

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

4. TANGIBLE FIXED ASSETS
Freehold Motor
property vehicles Totals
£    £    £   
COST
At 1 September 2023 280,350 3,028,403 3,308,753
Additions - 348,336 348,336
Disposals - (103,550 ) (103,550 )
At 31 August 2024 280,350 3,273,189 3,553,539
DEPRECIATION
At 1 September 2023 - 885,210 885,210
Charge for year - 481,683 481,683
Eliminated on disposal - (20,032 ) (20,032 )
At 31 August 2024 - 1,346,861 1,346,861
NET BOOK VALUE
At 31 August 2024 280,350 1,926,328 2,206,678
At 31 August 2023 280,350 2,143,193 2,423,543

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 685,077 869,477
Other debtors 1 1
685,078 869,478

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Hire purchase contracts 482,839 453,695
Trade creditors 31,756 19,896
VAT 35,767 4,420
Other creditors 25,000 25,000
Accrued expenses 1,014,775 663,135
1,590,137 1,166,146

1st Class Yorkshire Holdings Limited (Registered number: 12170854)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.8.24 31.8.23
£    £   
Hire purchase contracts 1,036,806 1,418,915

8. PROVISIONS FOR LIABILITIES
31.8.24 31.8.23
£    £   
Deferred tax 32,949 169,352

Deferred
tax
£   
Balance at 1 September 2023 169,352
Accelerated capital allowances (136,403 )
Losses c/f
Balance at 31 August 2024 32,949