REGISTERED NUMBER: 07137624 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

Yorkshire Soap Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

W L Booth

M P Doyle

SECRETARY:

W L Booth

REGISTERED OFFICE:

Unit 34 The Raylor Centre

James Street

York

YO10 3DW

REGISTERED NUMBER:

07137624 (England and Wales)

ACCOUNTANTS:

SMH Reed Smith Ltd

Copia House

Great Cliffe Court

Great Cliffe Road

Barnsley

S75 3SP

FIXED ASSETS

Tangible assets

4

645,303

585,408

CURRENT ASSETS

Stocks

879,279

692,997

Debtors

5

103,243

61,221

Cash at bank and in hand

1,051,755

1,166,984

2,034,277

1,921,202

CREDITORS

Amounts falling due within one year

6

670,142

794,140

NET CURRENT ASSETS

1,364,135

1,127,062

TOTAL ASSETS LESS CURRENT LIABILITIES

2,009,438

1,712,470

CREDITORS

Amounts falling due after more than one year

7

(67,196

)

(80,986

)

PROVISIONS FOR LIABILITIES

(159,805

)

(144,325

)

NET ASSETS

1,782,437

1,487,159

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,782,337

1,487,059

1,782,437

1,487,159

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 October 2025 and were signed on its behalf by:

M P Doyle - Director

W L Booth - Director

1.	STATUTORY INFORMATION

Yorkshire Soap Company 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

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 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 88 (2024 - 90 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures,

fittings

Short

and

Motor

leasehold

equipment

vehicles

Totals

£

£

£

£

COST

At 1 February 2024

10,135

824,491

151,706

986,332

Additions

-

146,396

22,495

168,891

Disposals

-

(312

)

-

(312

)

At 31 January 2025

10,135

970,575

174,201

1,154,911

DEPRECIATION

At 1 February 2024

2,027

343,708

55,189

400,924

Charge for year

2,027

81,903

25,066

108,996

Eliminated on disposal

-

(312

)

-

(312

)

At 31 January 2025

4,054

425,299

80,255

509,608

NET BOOK VALUE

At 31 January 2025

6,081

545,276

93,946

645,303

At 31 January 2024

8,108

480,783

96,517

585,408

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

Motor

vehicles

£

COST

At 1 February 2024

and 31 January 2025

111,629

DEPRECIATION

At 1 February 2024

33,140

Charge for year

19,622

At 31 January 2025

52,762

NET BOOK VALUE

At 31 January 2025

58,867

At 31 January 2024

78,489

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Prepayments and other debtors

103,243

61,221

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

13,856

-

Hire purchase contracts

13,790

10,965

Trade creditors

208,692

166,827

Current corporation tax

133,311

96,584

Other taxation and social security

152,507

393,560

Directors' current accounts

7,731

524

Accruals and other creditors

140,255

125,680

670,142

794,140

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

67,196

80,986

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

80,986

91,951