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REGISTERED NUMBER: 11508731 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

D.A. YATES LTD

D.A. YATES LTD (REGISTERED NUMBER: 11508731)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


D.A. YATES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: Mr D A Yates





REGISTERED OFFICE: 5 Ludford Crescent
GAINSBOROUGH
Lincolnshire
DN21 1XB





REGISTERED NUMBER: 11508731 (England and Wales)





ACCOUNTANTS: Shucksmith Accountants (Gainsborough) Limited
94-96 Oswald Road
SCUNTHORPE
North Lincolnshire
DN15 7PA

D.A. YATES LTD (REGISTERED NUMBER: 11508731)

BALANCE SHEET
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,203 2,755
Tangible assets 5 11,643 13,744
13,846 16,499

CURRENT ASSETS
Debtors 6 553 6,324
Cash at bank 9,044 6,425
9,597 12,749
CREDITORS
Amounts falling due within one year 7 12,188 12,125
NET CURRENT (LIABILITIES)/ASSETS (2,591 ) 624
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,255

17,123

CREDITORS
Amounts falling due after more than one
year

8

(4,194

)

(7,339

)

PROVISIONS FOR LIABILITIES 9 (1,904 ) (2,235 )
NET ASSETS 5,157 7,549

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 5,057 7,449
SHAREHOLDERS' FUNDS 5,157 7,549

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

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

D.A. YATES LTD (REGISTERED NUMBER: 11508731)

BALANCE SHEET - continued
30 SEPTEMBER 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 director and authorised for issue on 20 June 2025 and were signed by:





Mr D A Yates - Director


D.A. YATES LTD (REGISTERED NUMBER: 11508731)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

D.A. Yates Ltd 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of ten years.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% 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.

D.A. YATES LTD (REGISTERED NUMBER: 11508731)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2023
and 30 September 2024 5,515
AMORTISATION
At 1 October 2023 2,760
Amortisation for year 552
At 30 September 2024 3,312
NET BOOK VALUE
At 30 September 2024 2,203
At 30 September 2023 2,755

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 October 2023 3,626 19,727 1,759 25,112
Additions - - 1,662 1,662
At 30 September 2024 3,626 19,727 3,421 26,774
DEPRECIATION
At 1 October 2023 1,797 8,631 940 11,368
Charge for year 367 2,774 622 3,763
At 30 September 2024 2,164 11,405 1,562 15,131
NET BOOK VALUE
At 30 September 2024 1,462 8,322 1,859 11,643
At 30 September 2023 1,829 11,096 819 13,744

D.A. YATES LTD (REGISTERED NUMBER: 11508731)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 October 2023
and 30 September 2024 19,727
DEPRECIATION
At 1 October 2023
and 30 September 2024 4,932
NET BOOK VALUE
At 30 September 2024 14,795
At 30 September 2023 14,795

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Tax - 5,645
Prepayments and accrued income 553 679
553 6,324

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Other loans 4,000 4,000
Hire purchase contracts 3,145 3,145
Trade creditors 180 -
Corporation tax 2,785 3,566
Directors' current accounts 999 471
Accruals and deferred income 1,079 943
12,188 12,125

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Hire purchase contracts 4,194 7,339

9. PROVISIONS FOR LIABILITIES
30.9.24 30.9.23
£    £   
Deferred tax 1,904 2,235

D.A. YATES LTD (REGISTERED NUMBER: 11508731)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 October 2023 2,235
Accelerated capital allowances (331 )
Balance at 30 September 2024 1,904

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
100 Ordinary £1 100 100

11. RESERVES
Retained
earnings
£   

At 1 October 2023 7,449
Profit for the year 11,608
Dividends (14,000 )
At 30 September 2024 5,057

12. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year the director, Mr D A Yates - the sole director and 80% shareholder - charged the company £312 (2023 - £312) for use of home as office.

13. RELATED PARTY DISCLOSURES

During the year, total dividends of £11,200 (2023 - £10,400) were paid to the director .

At 30 September 2024 there was a balance owing by the company to the director Mr D A Yates of £999 (2023 - £471).

This balance has been shown in Creditors.

14. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr D A Yates.