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REGISTERED NUMBER: 05250015 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Yesero Limited

Yesero Limited (Registered number: 05250015)






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




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


Yesero Limited

Company Information
for the Year Ended 31 October 2024







DIRECTOR: C Gillespie





REGISTERED OFFICE: Unit 6 Brookside Business Park
Burnley Road
Rawtenstall
Rossendale
Lancashire
BB4 8LP





REGISTERED NUMBER: 05250015 (England and Wales)





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

Yesero Limited (Registered number: 05250015)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 102,013 59,875

CURRENT ASSETS
Debtors 5 2,332,007 2,228,534
Cash at bank and in hand 377,885 192,924
2,709,892 2,421,458
CREDITORS
Amounts falling due within one year 6 1,790,466 1,837,186
NET CURRENT ASSETS 919,426 584,272
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,021,439

644,147

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 1,021,438 644,146
SHAREHOLDERS' FUNDS 1,021,439 644,147

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

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

Yesero Limited (Registered number: 05250015)

Balance Sheet - continued
31 October 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 July 2025 and were signed by:





C Gillespie - Director


Yesero Limited (Registered number: 05250015)

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

1. STATUTORY INFORMATION

Yesero 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 cost
Fixtures and fittings - 20% on cost
Motor vehicles - 20% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred 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 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.

Yesero Limited (Registered number: 05250015)

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

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 6 (2023 - 8 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 November 2023 60,089 2,818 150,418 77,729 291,054
Additions - - 92,173 3,268 95,441
Disposals - - (23,082 ) - (23,082 )
At 31 October 2024 60,089 2,818 219,509 80,997 363,413
DEPRECIATION
At 1 November 2023 44,741 2,266 118,350 65,822 231,179
Charge for year 3,837 83 28,626 11,019 43,565
Eliminated on disposal - - (13,344 ) - (13,344 )
At 31 October 2024 48,578 2,349 133,632 76,841 261,400
NET BOOK VALUE
At 31 October 2024 11,511 469 85,877 4,156 102,013
At 31 October 2023 15,348 552 32,068 11,907 59,875

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 873,311 1,751,565
Amounts owed by group undertakings 1,200,000 -
Other debtors 258,696 476,969
2,332,007 2,228,534

Yesero Limited (Registered number: 05250015)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans and overdrafts 184,882 346,351
Trade creditors 1,240,084 1,334,669
Taxation and social security 312,127 102,823
Other creditors 53,373 53,343
1,790,466 1,837,186

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.24 31.10.23
value: £    £   
1 Ordinary shares £1.00 1 1

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 October 2024 and the period ended 31 October 2023:

31.10.24 31.10.23
£    £   
C Gillespie
Balance outstanding at start of year 44,973 110,000
Amounts repaid (44,973 ) (65,027 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 44,973