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Registration number: 13837271

Yellow Press Ltd
Unaudited Filleted Financial Statements
for the Year Ended 31 January 2025

Yellow Press Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 7

Yellow Press Ltd

Company Information

Director | Graham Johnson

Registered office | 27 King George Street Greenwich London SE10 8QJ

Accountants | Field Sullivan Limited 9 Hare & Billet Road Blackheath SE3 0RB

Yellow Press Ltd

(Registration number: 13837271)
Balance Sheet as at 31 January 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 4 | 27,760 | 41,640
Tangible assets | 5 | 2,032 | 4,336
|  | 29,792 | 45,976
Current assets |  |  |
Debtors | 6 | 102,785 | 89,598
Cash at bank and in hand |  | 42,774 | 201,527
|  | 145,559 | 291,125
Creditors: Amounts falling due within one year | 7 | (570,637) | (622,375)
Net current liabilities |  | (425,078) | (331,250)
Net liabilities |  | (395,286) | (285,274)
Capital and reserves |  |  |
Called up share capital | 8 | 1 | 1
Retained earnings |  | (395,287) | (285,275)
Shareholders' deficit |  | (395,286) | (285,274)

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

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 14 October 2025

......................................... Graham Johnson Director

Yellow Press Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
27 King George Street
Greenwich
London
SE10 8QJ

These financial statements were authorised for issue by the director on 14 October 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis, which assumes that the company will be able to meet its debts as they fall due. However, during the year the company made a loss of £110,012 (2024: £90,585), and at the end of the year the company had net liabilities of £395,286 (2024: £285,274). The directors believes it is appropriate to prepare the financial statements on a going concern basis, as they have sufficient cash flow to meet their debts as they fall due.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
subscriptions, and advertising services are recognised on a pro rata basis;
and the sale of publications are recognised when ownership is transferred.

Yellow Press Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

Yellow Press Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

4 | Intangible assets

| Trademarks, patents and licenses £ | Other intangible assets £ | Total £
Cost or valuation
At 1 February 2024 | 70,000 | 45,640 | 115,640
At 31 January 2025 | 70,000 | 45,640 | 115,640
Amortisation
At 1 February 2024 | 70,000 | 4,000 | 74,000
Amortisation charge | - | 13,880 | 13,880
At 31 January 2025 | 70,000 | 17,880 | 87,880
Carrying amount
At 31 January 2025 | - | 27,760 | 27,760
At 31 January 2024 | - | 41,640 | 41,640

Yellow Press Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

5 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 February 2024 | 6,912 | 6,912
At 31 January 2025 | 6,912 | 6,912
Depreciation
At 1 February 2024 | 2,576 | 2,576
Charge for the year | 2,304 | 2,304
At 31 January 2025 | 4,880 | 4,880
Carrying amount
At 31 January 2025 | 2,032 | 2,032
At 31 January 2024 | 4,336 | 4,336

6 | Debtors

Current | 2025 £ | 2024 £
Other debtors | 102,785 | 89,598
| 102,785 | 89,598

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Trade creditors |  | - | 360
Director's loan account | 10 | - | 41,865
Taxation and social security |  | 4,051 | -
Accruals and deferred income |  | 1,585 | 5,150
Other creditors |  | 565,001 | 575,000
|  | 570,637 | 622,375

Yellow Press Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary Share of £1 each | 1 | 1 | 1 | 1

9 | Dividends

Interim dividends paid

|  | 2025 £ |  | 2024 £
Interim dividend of Nil per each Ordinary Share |  | - |  | -

10 | Related party transactions

Summary of transactions with other related parties

Graham Johnson Director During the year the director withdrew £18,850 from the company. They also recieved £32,900 of income personally on behalf of the company. At the year end the director owed the company £9,885 (2024: the company owed the director £41,865).