Yaseen's & Sons Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 05832951 (England and Wales)

Unaudited Financial Statements for the Year Ended 5 April 2025

for

YASEEN'S & SONS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

CM Yaseen

N Yasen

J Yasen

SECRETARY:

N Yasen

REGISTERED OFFICE:

78-80 Bolton Road

Blackburn

Lancashire

BB2 3PZ

REGISTERED NUMBER:

05832951 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

9,231,525

8,133,969

9,231,525

8,133,969

CURRENT ASSETS

Debtors

6

751,856

801,974

Cash at bank and in hand

71,780

86,519

823,636

888,493

CREDITORS

Amounts falling due within one year

7

3,393,638

2,066,535

NET CURRENT LIABILITIES

(2,570,002

)

(1,178,042

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

6,661,523

6,955,927

CREDITORS

Amounts falling due after more than one
year

8

2,271,893

3,100,687

NET ASSETS

4,389,630

3,855,240

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

4,389,530

3,855,140

SHAREHOLDERS' FUNDS

4,389,630

3,855,240

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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.

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 9 September 2025 and were signed on its behalf by:

CM Yaseen - Director

1.	STATUTORY INFORMATION

Yaseen's & Sons 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, 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.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 6 April 2024

and 5 April 2025

30,000

AMORTISATION

At 6 April 2024

and 5 April 2025

30,000

NET BOOK VALUE

At 5 April 2025

-

At 5 April 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

Freehold

to

and

Computer

property

fittings

equipment

Totals

£

COST

At 6 April 2024

7,833,850

297,640

61,425

2,941

8,195,856

Additions

1,098,055

-

1,098,055

At 5 April 2025

8,931,905

297,640

61,425

2,941

9,293,911

DEPRECIATION

At 6 April 2024

-

58,967

2,920

61,887

Charge for year

-

492

7

499

At 5 April 2025

-

59,459

2,927

62,386

NET BOOK VALUE

At 5 April 2025

8,931,905

297,640

1,966

14

9,231,525

At 5 April 2024

7,833,850

297,640

2,458

21

8,133,969

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Other debtors

709,772

778,084

Prepayments

42,084

23,890

751,856

801,974

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

483,358

10,648

Trade creditors

(6,058

)

(3,649

)

Corporation Tax

178,209

117,819

Social security and other taxes

-

62

Other creditors

477,473

397,431

Amounts due to Related

undertakings

6,850

Directors' current accounts

2,195,937

1,489,726

Deferred income

51,869

41,648

Accrued expenses

6,000

3,393,638

2,066,535

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans more 5 yr by instal

2,271,893

3,100,687

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

2,271,893

3,100,687