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REGISTERED NUMBER: 02694988 (England and Wales)

















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Duro Yokota Limited

Duro Yokota Limited (Registered number: 02694988)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Duro Yokota Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: Mr S J Devonshire
Mr P R Morewood





REGISTERED OFFICE: Unit F
Old Colliery Way
Sheffield
S20 1DJ





REGISTERED NUMBER: 02694988 (England and Wales)





ACCOUNTANTS: Sutton McGrath Hartley Limited
5 Westbrook Court
Sharrowvale Road
Sheffield
S11 8YZ

Duro Yokota Limited (Registered number: 02694988)

Balance Sheet
31 March 2025

2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 400,688 529,282
Investments 5 134,432 162,896
535,120 692,178

CURRENT ASSETS
Stocks 1,924,980 1,761,860
Debtors 6 2,699,782 2,501,407
Cash at bank and in hand 48,605 105,589
4,673,367 4,368,856
CREDITORS
Amounts falling due within one year 7 1,361,460 1,252,508
NET CURRENT ASSETS 3,311,907 3,116,348
TOTAL ASSETS LESS CURRENT LIABILITIES 3,847,027 3,808,526

CREDITORS
Amounts falling due after more than one year 8 (4,602 ) (10,189 )

PROVISIONS FOR LIABILITIES (76,613 ) (108,258 )
NET ASSETS 3,765,812 3,690,079

CAPITAL AND RESERVES
Called up share capital 70,015 70,015
Retained earnings 3,695,797 3,620,064
3,765,812 3,690,079

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

Duro Yokota Limited (Registered number: 02694988)

Balance Sheet - continued
31 March 2025


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 25 June 2025 and were signed on its behalf by:





Mr P R Morewood - Director


Duro Yokota Limited (Registered number: 02694988)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Duro Yokota 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.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 15% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

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 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.

Duro Yokota Limited (Registered number: 02694988)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued

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
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2024 - 25 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£ £ £
COST
At 1 April 2024 100,672 35,366 409,001
Additions - - 16,535
Disposals - - -
At 31 March 2025 100,672 35,366 425,536
DEPRECIATION
At 1 April 2024 4,027 14,618 254,125
Charge for year 2,013 4,149 31,625
Eliminated on disposal - - -
At 31 March 2025 6,040 18,767 285,750
NET BOOK VALUE
At 31 March 2025 94,632 16,599 139,786
At 31 March 2024 96,645 20,748 154,876

Duro Yokota Limited (Registered number: 02694988)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£ £ £
COST
At 1 April 2024 166,591 340,417 1,052,047
Additions - 406 16,941
Disposals (111,421 ) - (111,421 )
At 31 March 2025 55,170 340,823 957,567
DEPRECIATION
At 1 April 2024 49,179 200,816 522,765
Charge for year 11,797 20,945 70,529
Eliminated on disposal (36,415 ) - (36,415 )
At 31 March 2025 24,561 221,761 556,879
NET BOOK VALUE
At 31 March 2025 30,609 119,062 400,688
At 31 March 2024 117,412 139,601 529,282

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
At 1 April 2024
and 31 March 2025 284,646
PROVISIONS
At 1 April 2024 121,750
Provision for year 28,464
At 31 March 2025 150,214
NET BOOK VALUE
At 31 March 2025 134,432
At 31 March 2024 162,896

Duro Yokota Limited (Registered number: 02694988)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Trade debtors 1,175,423 1,070,865
Amounts owed by group undertakings 1,470,375 1,394,311
Other debtors 53,984 36,231
2,699,782 2,501,407

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Bank loans and overdrafts - 90,362
Hire purchase contracts (see note 9) 7,579 6,918
Trade creditors 266,547 163,949
Taxation and social security 393,426 392,771
Other creditors 693,908 598,508
1,361,460 1,252,508

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£ £
Hire purchase contracts (see note 9) 4,602 10,189

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2025 2024
£ £
Net obligations repayable:
Within one year 7,579 6,918
Between one and five years 4,602 10,189
12,181 17,107

Non-cancellable
operating leases
2025 2024
£ £
Within one year 188,656 188,656
Between one and five years 754,624 754,624
In more than five years 282,984 471,640
1,226,264 1,414,920