REGISTERED NUMBER: 03054662 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Yellow Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

165,613

197,232

CURRENT ASSETS

Stocks

5

1,498,731

1,606,499

Debtors

6

149,483

13,313

1,648,214

1,619,812

CREDITORS

Amounts falling due within one year

7

1,627,769

1,599,630

NET CURRENT ASSETS

20,445

20,182

TOTAL ASSETS LESS CURRENT LIABILITIES

186,058

217,414

CREDITORS

Amounts falling due after more than one year

8

(55,857

)

(118,762

)

PROVISIONS FOR LIABILITIES

(36,868

)

(44,484

)

NET ASSETS

93,333

54,168

CAPITAL AND RESERVES

Called up share capital

50,008

50,008

Retained earnings

43,325

4,160

SHAREHOLDERS' FUNDS

93,333

54,168

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 September 2025 and were signed by:

Mrs Jennifer Clare Tinsley - Director

1.	STATUTORY INFORMATION

Yellow Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

03054662

Registered office:

Bury Bank Farm

Bury Bank

Meaford

Stone

Staffordshire

ST15 0QA

The presentation currency of the financial statements is the Pound Sterling (£).

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

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.

Improvements to property

-

10% on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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 Profit and loss account, 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 7 (2023 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

617,936

728,654

45,225

134,764

1,526,579

Additions

-

-

-

1,525

1,525

At 31 December 2024

617,936

728,654

45,225

136,289

1,528,104

DEPRECIATION

At 1 January 2024

617,936

561,934

14,713

134,764

1,329,347

Charge for year

-

25,008

7,628

508

33,144

At 31 December 2024

617,936

586,942

22,341

135,272

1,362,491

NET BOOK VALUE

At 31 December 2024

-

141,712

22,884

1,017

165,613

At 31 December 2023

-

166,720

30,512

-

197,232

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 January 2024

and 31 December 2024

40,682

DEPRECIATION

At 1 January 2024

10,170

Charge for year

7,628

At 31 December 2024

17,798

NET BOOK VALUE

At 31 December 2024

22,884

At 31 December 2023

30,512

5.

STOCKS

2024

2023

£

£

Stocks

1,498,731

1,606,499

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

6,973

10,313

Other debtors

142,510

3,000

149,483

13,313

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

206,551

224,838

Hire purchase contracts

5,377

5,377

Trade creditors

49,267

208,578

Taxation and social security

74,354

57,546

Other creditors

1,292,220

1,103,291

1,627,769

1,599,630

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

28,243

85,771

Hire purchase contracts

27,614

32,991

55,857

118,762

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

6,187

11,215

9.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank overdrafts

148,537

166,824

Hire purchase contracts

32,991

38,368

181,528

205,192

The company's bankers holds a fixed and floating charge over all current and future assets of the company.

Hire purchase loans are secured against the assets to which they relate.

10.	OTHER FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £12,198 (2023 £22,994). This financial commitment represents the total amount of payments remaining on vehicle leases ending in 2026.