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Company No: 03178994 (England and Wales)

# YELLOWCOAT HOLDINGS LIMITED

### Unaudited Financial Statements
For the financial year ended 31 March 2025
Pages for filing with the registrar

YELLOWCOAT HOLDINGS LIMITED

## Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

YELLOWCOAT HOLDINGS LIMITED

## COMPANY INFORMATION

For the financial year ended 31 March 2025
YELLOWCOAT HOLDINGS LIMITED

## COMPANY INFORMATION (continued)

For the financial year ended 31 March 2025

DIRECTORS | G. J. Tate
| N. P. Tate
| V. Tate

REGISTERED OFFICE | Yellowcoat Sawmill
| Hastings Road
| Flimwell
| Wadhurst
| TN5 7PR
| East Sussex
| United Kingdom

COMPANY NUMBER | 03178994 (England and Wales)

ACCOUNTANT | S&W Partners (South East) Limited
| Brockbourne House
| 77 Mount Ephraim
| Royal Tunbridge Wells
| TN4 8BS

YELLOWCOAT HOLDINGS LIMITED

## BALANCE SHEET

As at 31 March 2025
YELLOWCOAT HOLDINGS LIMITED

## BALANCE SHEET (continued)

As at 31 March 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 72,487 |  | 103,198
Investments | 4 | 2 |  | 2
|  | 72,489 |  | 103,200
Current assets |  |  |  |
Debtors |  |  |  |
- due within one year | 5 | 86,386 |  | 90,358
- due after more than one year | 5 | 7,888 |  | 6,688
Cash at bank and in hand |  | 368,049 |  | 388,717
|  | 462,323 |  | 485,763
Creditors: amounts falling due within one year | 6 | ( 96,961) |  | ( 150,920)
Net current assets |  | 365,362 |  | 334,843
Total assets less current liabilities |  | 437,851 |  | 438,043
Net assets |  | 437,851 |  | 438,043
Capital and reserves |  |  |  |
Called-up share capital |  | 12,000 |  | 12,000
Profit and loss account |  | 425,851 |  | 426,043
Total shareholders' funds |  | 437,851 |  | 438,043

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Yellowcoat Holdings Limited (registered number: 03178994) were approved and authorised for issue by the Board of Directors on 03 September 2025. They were signed on its behalf by:

G. J. Tate Director |  | N. P. Tate Director

YELLOWCOAT HOLDINGS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
YELLOWCOAT HOLDINGS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Yellowcoat Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Yellowcoat Sawmill, Hastings Road, Flimwell, Wadhurst, TN5 7PR, East Sussex, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
Monetary amounts in these financial statements are stated in pounds sterling and are rounded to the nearest whole £1, except where otherwise indicated.

##### Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.
Rent and management charges are invoiced on a quarterly basis and revenue is recognised in the period in which these services are provided.

##### Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Statement of Income and Retained Earnings in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on enacted or substantively enacted tax rates and laws. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax assets are recognised only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilised.

##### Holiday pay accrual

A liability is recognised to the extent of any unused holiday pay entitlement which is accrued at the balance sheet date and carried forward to future periods. This is measured at the undiscounted salary cost of the future holiday entitlement so accrued at the balance sheet date.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings | 20 years straight line
Leasehold improvements | 20 years straight line
Plant and machinery | 5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Leases

The Company as lessee
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

##### Fixed asset investments

Investments in subsidiaries are measured at cost less accumulated impairment.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Trade and other creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

##### Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 3 |  | 3

#### 3. Tangible assets

| Land and buildings |  | Leasehold improve- ments |  | Plant and machinery |  | Total
| £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |
At 01 April 2024 | 614,223 |  | 153,280 |  | 4,776 |  | 772,279
At 31 March 2025 | 614,223 |  | 153,280 |  | 4,776 |  | 772,279
Accumulated depreciation |  |  |  |  |  |  |
At 01 April 2024 | 511,025 |  | 153,280 |  | 4,776 |  | 669,081
Charge for the financial year | 30,711 |  | 0 |  | 0 |  | 30,711
At 31 March 2025 | 541,736 |  | 153,280 |  | 4,776 |  | 699,792
Net book value |  |  |  |  |  |  |
At 31 March 2025 | 72,487 |  | 0 |  | 0 |  | 72,487
At 31 March 2024 | 103,198 |  | 0 |  | 0 |  | 103,198

#### 4. Fixed asset investments

Investments in subsidiaries

| 2025
| £
Cost |
At 01 April 2024 | 2
At 31 March 2025 | 2
Carrying value at 31 March 2025 | 2
Carrying value at 31 March 2024 | 2

#### 5. Debtors

| 2025 |  | 2024
| £ |  | £
Debtors: amounts falling due within one year |  |  |
Amounts owed by Group undertakings | 67,791 |  | 19,809
Amounts owed by related parties | 18,024 |  | 66,057
Prepayments | 0 |  | 3,796
Deferred tax asset | 571 |  | 696
| 86,386 |  | 90,358
Debtors: amounts falling due after more than one year |  |  |
Amounts owed by related parties | 7,888 |  | 6,688

#### 6. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Trade creditors | 0 |  | 97
Amounts owed to Group undertakings | 10,047 |  | 24,437
Corporation tax | 331 |  | 0
Other taxation and social security | 76,170 |  | 88,600
Other creditors | 10,413 |  | 37,786
| 96,961 |  | 150,920

#### 7. Deferred tax

| 2025 |  | 2024
| £ |  | £
At the beginning of financial year | 696 |  | 848
Charged to the Statement of Income and Retained Earnings | ( 125) |  | ( 152)
At the end of financial year | 571 |  | 696

#### 8. Related party transactions

Transactions with the entity's directors

| 2025 |  | 2024
| £ |  | £
Balance brought forward at 1 April 2024 | 0 |  | 0
Amounts advanced | 510,261 |  | 340,179
Amounts repaid | (510,261) |  | (340,179)
Balance carried forward at 31 March 2025 | 0 |  | 0