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REGISTERED NUMBER: 01975794 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

YANDELL PUBLISHING LIMITED

YANDELL PUBLISHING LIMITED (REGISTERED NUMBER: 01975794)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


YANDELL PUBLISHING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: G P Yandell
R J Yandell





SECRETARY: D J Rawlinson





REGISTERED OFFICE: Argent House
5 Goldington Road
Bedford
MK40 3JY





REGISTERED NUMBER: 01975794 (England and Wales)





ACCOUNTANTS: Rawlinson Pryde Limited
Chartered Accountants
Argent House
5 Goldington Road
Bedford
Bedfordshire
MK40 3JY

YANDELL PUBLISHING LIMITED (REGISTERED NUMBER: 01975794)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 16,000 32,000
Tangible assets 5 306,817 278,195
322,817 310,195

CURRENT ASSETS
Stocks - 2,069
Debtors 6 290,268 216,523
Cash at bank and in hand 102,546 136,292
392,814 354,884
CREDITORS
Amounts falling due within one year 7 440,361 403,962
NET CURRENT LIABILITIES (47,547 ) (49,078 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

275,270

261,117

CREDITORS
Amounts falling due after more than one
year

8

(76,833

)

(133,515

)

PROVISIONS FOR LIABILITIES (2,909 ) -
NET ASSETS 195,528 127,602

CAPITAL AND RESERVES
Called up share capital 12,551 12,551
Share premium 47,500 47,500
Retained earnings 135,477 67,551
SHAREHOLDERS' FUNDS 195,528 127,602

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

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

YANDELL PUBLISHING LIMITED (REGISTERED NUMBER: 01975794)

BALANCE SHEET - continued
31 DECEMBER 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 10 June 2025 and were signed on its behalf by:





G P Yandell - Director


YANDELL PUBLISHING LIMITED (REGISTERED NUMBER: 01975794)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Yandell Publishing 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.

Going Concern
At the time of approving the financial statements the directors have reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Therefore the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes from the publishing of consumer and business journals and periodicals.

Intangible assets
Intangible assets are measured at cost. After initial recognition, intangible assets are measured at cost less accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of 4 to 10 years.

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.
Freehold property - 2% on cost
Improvements to property - 2% on cost
Computer equipment - at varying rates on cost
Office equipment - at varying rates on cost

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

YANDELL PUBLISHING LIMITED (REGISTERED NUMBER: 01975794)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity. An equity instrument is any contract that evidences residual interest in the assets of the company after deduction of any liabilities.

Basic financial instruments are initially recognised at the transaction price unless the arrangement constitutes a financing transaction. Transaction price should also include transaction costs; transaction costs are those costs that are directly attributable to the acquisition of the debt instrument. The exception to this accounting is where the debt instrument is measured at fair value through profit and loss. In such cases transaction costs are not included in the initial measurement of the financial instrument.

If an arrangement constitutes a financing transaction it is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. The present value of a financial asset or financial liability that is repayable on demand is equal to the undiscounted cash amount expected to be paid or received.

On subsequent measurement basic financial instruments are recognised at amortised cost. Amortised cost is calculated at the undiscounted amount expected to be paid or received for basic financial instruments payable or receivable within one year.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
Contributions in respect of the company's defined contribution pension schemes are charged to the profit and loss account for the year in which they are payable to the schemes.

YANDELL PUBLISHING LIMITED (REGISTERED NUMBER: 01975794)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

2. ACCOUNTING POLICIES - continued

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared the the carrying amount. Where the carrying amount exceeds its recoverable amount an impairment loss is recognized in the profit and loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2023 - 19 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 January 2024
and 31 December 2024 200,100 325,000 525,100
AMORTISATION
At 1 January 2024 200,100 293,000 493,100
Charge for year - 16,000 16,000
At 31 December 2024 200,100 309,000 509,100
NET BOOK VALUE
At 31 December 2024 - 16,000 16,000
At 31 December 2023 - 32,000 32,000

YANDELL PUBLISHING LIMITED (REGISTERED NUMBER: 01975794)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

5. TANGIBLE FIXED ASSETS
Improvements
Freehold to Computer Office
property property equipment equipment Totals
£    £    £    £    £   
COST
At 1 January 2024 259,120 39,433 136,461 62,634 497,648
Additions - - 32,137 13,590 45,727
Disposals - - (11,463 ) (2,247 ) (13,710 )
At 31 December 2024 259,120 39,433 157,135 73,977 529,665
DEPRECIATION
At 1 January 2024 22,750 5,314 130,207 61,182 219,453
Charge for year 3,250 789 8,344 4,722 17,105
Eliminated on disposal - - (11,463 ) (2,247 ) (13,710 )
At 31 December 2024 26,000 6,103 127,088 63,657 222,848
NET BOOK VALUE
At 31 December 2024 233,120 33,330 30,047 10,320 306,817
At 31 December 2023 236,370 34,119 6,254 1,452 278,195

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 254,229 149,028
Other debtors 750 -
Corporation Tax 195 195
S455 tax recoverable 57 57
Deferred tax asset - 26,067
Prepayments and accrued income 35,037 41,176
290,268 216,523

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 85,802 85,067
Trade creditors 211,103 171,373
Social security and other taxes 18,259 21,449
VAT 44,078 35,731
Other creditors 4,418 -
Calverton factoring account 10,442 84
Directors' loan accounts 2,501 1,001
Accrued expenses 63,758 89,257
440,361 403,962

YANDELL PUBLISHING LIMITED (REGISTERED NUMBER: 01975794)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans - 1-2 years 39,907 87,218
Bank loans - 2-5 years 36,926 46,297
76,833 133,515

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.24 31.12.23
£    £   
Within one year 6,692 1,400
Between one and five years 13,412 -
20,104 1,400

10. SECURED DEBTS

The following secured debts are included within creditors:

31.12.24 31.12.23
£    £   
Bank loans 162,635 218,582

The bank loan is secured by a fixed and floating charge over all the assets and undertakings of the company including all present and future freehold and leasehold property, book and other debts, chattels, goodwill and uncalled capital, both present and future.

First Legal Mortgage over the freehold property of the Company.

Unlimited Company Guarantee given by Yandell Publishing Ltd, Yandell Media Group Limited and Yandell Web Dot Com Ltd to secure all liabilities of each other.

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24 31.12.23
£    £   
G P Yandell and R J Yandell
Balance outstanding at start of year (1,001 ) 175
Amounts advanced 1,000 -
Amounts repaid - (1,176 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1 ) (1,001 )

The loan is unsecured, interest free and repayable on demand.