REGISTERED NUMBER: SC349074 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Yourgp Group Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

S E Leach

REGISTERED OFFICE:

53 Dundas Street

Edinburgh

EH3 6RS

REGISTERED NUMBER:

SC349074 (Scotland)

ACCOUNTANTS:

One Accounting Ltd

Chartered Management Accountants

Drumsheugh Toll

2 Belford Road

Edinburgh

Midlothian

EH4 3BL

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

91,697

105,203

91,697

105,203

CURRENT ASSETS

Stocks

6

27,202

45,618

Debtors

7

76,551

110,337

Cash at bank and in hand

520,005

223,595

623,758

379,550

CREDITORS

Amounts falling due within one year

8

172,206

149,465

NET CURRENT ASSETS

451,552

230,085

TOTAL ASSETS LESS CURRENT LIABILITIES

543,249

335,288

PROVISIONS FOR LIABILITIES

22,146

26,243

NET ASSETS

521,103

309,045

CAPITAL AND RESERVES

Called up share capital

1

1

Capital redemption reserve

(399,999

)

(399,999

)

Retained earnings

921,101

709,043

SHAREHOLDERS' FUNDS

521,103

309,045

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 21 October 2025 and were signed by:

S E Leach - Director

1.	STATUTORY INFORMATION

Yourgp Group Ltd is a private company, limited by shares , registered in Scotland. 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.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

Reporting period

During the previous period the director decided that the most suitable financial year end for business purposes would be 31 March. The previous reporting period covers 1 October 2022 - 31 March 2024 (18 month period). This period covers covers 1 April 2024 - 31 March 2025.

The effect on these financial statements means that the comparative amounts are not entirely comparable.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill arising on the acquisition of businesses, representing any excess of the fair value of the consideration given over the fair value of the identifiable assets and liabilities acquired, is capitalised and written off on a straight line basis over its useful economic life of 10 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.

Improvements to property

-

10% on cost

Plant and machinery

-

20% on cost

Fixtures and fittings

-

12.5% on cost

Computer equipments

-

25% 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.

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 accounts receivable and payable, loans from banks and other third parties. Debt instruments, including loans and other accounts receivable and payable are initially measured at transaction price adjusted for transaction costs. They are subsequently recognised at amortised costs using the effective interest method.

Creditors payable within one year, typically trade payables, are measured initially and subsequently at the undiscounted amount of the cash or other consideration expected to be paid. Debtors receivable within one year, typically trade receivables, are measured initially and subsequently at the undiscounted amount of the cash or other consideration expected to be received.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 14 (2024 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

55,000

AMORTISATION

At 1 April 2024

and 31 March 2025

55,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Computer

property

machinery

fittings

equipments

Totals

£

£

£

£

£

COST

At 1 April 2024

84,552

106,514

40,384

72,647

304,097

Additions

-

-

412

899

1,311

At 31 March 2025

84,552

106,514

40,796

73,546

305,408

DEPRECIATION

At 1 April 2024

11,525

106,070

16,356

64,943

198,894

Charge for year

8,456

144

3,471

2,746

14,817

At 31 March 2025

19,981

106,214

19,827

67,689

213,711

NET BOOK VALUE

At 31 March 2025

64,571

300

20,969

5,857

91,697

At 31 March 2024

73,027

444

24,028

7,704

105,203

6.

STOCKS

31.3.25

31.3.24

£

£

Stocks

27,202

45,618

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

65,749

104,772

Prepayments and accrued income

10,802

5,565

76,551

110,337

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

66,059

59,741

Tax

73,682

74,573

PAYE

6,507

6,964

Other creditors

18,955

2,221

Directors' current accounts

-

309

Accruals and deferred income

7,003

5,657

172,206

149,465

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.25

31.3.24

£

£

Within one year

48,555

48,555

Between one and five years

245,146

245,146

In more than five years

222,437

249,375

516,138

543,076

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 March 2025 and the period ended 31 March 2024:

31.3.25

31.3.24

£

£

S E Leach

Balance outstanding at start of year

(309

)

(309

)

Amounts advanced

309

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

(309

)

11.	RELATED PARTY DISCLOSURES

During the period, total dividends of nil (2024 - £4,000) were paid to the director.