REGISTERED NUMBER: 01982116 (England and Wales)

Yorkshire In Business Limited

Unaudited Financial Statements

For The Year Ended 31 March 2025

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

J Crowther

D J Durrant

A C Robinson

SECRETARY:

J E Greenwood

REGISTERED OFFICE:

Cayley Court

Hopper Hill Road

Eastfield

Scarborough

North Yorkshire

YO11 3YJ

REGISTERED NUMBER:

01982116 (England and Wales)

ACCOUNTANTS:

Ingham & Co.

Chartered Accountants

George Stanley House

2 West Parade Road

Scarborough

North Yorkshire

YO12 5ED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Yorkshire In Business Limited for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Yorkshire In Business Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Yorkshire In Business Limited and state those matters that we have agreed to state to the Board of Directors of Yorkshire In Business Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Yorkshire In Business Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Yorkshire In Business Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Yorkshire In Business Limited. You consider that Yorkshire In Business Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Yorkshire In Business Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Ingham & Co.

Chartered Accountants

George Stanley House

2 West Parade Road

Scarborough

North Yorkshire

YO12 5ED

15 October 2025

FIXED ASSETS

Tangible assets

4

23,488

24,991

Investments

5

2,041,918

1,895,189

2,065,406

1,920,180

CURRENT ASSETS

Debtors

6

140,554

62,667

Cash at bank

107,722

225,062

248,276

287,729

CREDITORS

Amounts falling due within one year

7

46,038

53,703

NET CURRENT ASSETS

202,238

234,026

TOTAL ASSETS LESS CURRENT LIABILITIES

2,267,644

2,154,206

ACCRUALS AND DEFERRED INCOME

116,550

129,500

NET ASSETS

2,151,094

2,024,706

RESERVES

Capital reserve

9

2,960

2,960

Income and expenditure account

9

2,148,134

2,021,746

2,151,094

2,024,706

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 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 surplus or deficit 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 Board of Directors and authorised for issue on 15 October 2025 and were signed on its behalf by:

D J Durrant - Director

1.	STATUTORY INFORMATION

Yorkshire In Business Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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

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.

Plant and machinery etc

-

25% on reducing balance and 10% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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 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.

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 10 (2024 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

117,095

Additions

2,200

At 31 March 2025

119,295

DEPRECIATION

At 1 April 2024

92,104

Charge for year

3,703

At 31 March 2025

95,807

NET BOOK VALUE

At 31 March 2025

23,488

At 31 March 2024

24,991

5.	FIXED ASSET INVESTMENTS

2025

2024

£

£

Shares in group undertakings

1

1

Loans to group undertakings

2,041,917

1,895,188

2,041,918

1,895,189

Additional information is as follows:

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

1

NET BOOK VALUE

At 31 March 2025

1

At 31 March 2024

1

Loans to

group

undertakings

£

At 1 April 2024

1,895,188

New in year

146,729

At 31 March 2025

2,041,917

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

41,100

29,548

Other debtors

57,012

-

Directors' loan accounts

3,946

-

Prepayments

4,608

9,312

Accrued income

33,213

23,807

139,879

62,667

Amounts falling due after more than one year:

Other debtors

675

-

Aggregate amounts

140,554

62,667

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

7,852

9,802

Corporation tax

1,532

667

Social security and other taxes

4,623

3,915

Other creditors

1,521

5,613

Credit card

536

1,926

Accrued expenses

2,401

2,280

Deferred income

27,573

29,500

46,038

53,703

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Creditors within one year

-

48,657

Government grant

116,550

129,500

116,550

178,157

The company has entered into an unlimited guarantee with its subsidiary, Yorkshire Coast Workshops Limited, to guarantee the liabilities of each other.

9.

RESERVES

Income

and

expenditure

Capital

account

reserve

Totals

£

£

£

At 1 April 2024

2,021,746

2,960

2,024,706

Surplus for the year

126,388

126,388

At 31 March 2025

2,148,134

2,960

2,151,094

The Capital reserve represents the pre-incorporation surplus.

10.	CONTINGENT LIABILITIES

The company has a unilateral guarantee with its subsidiary company, Yorkshire Coast Workshops Limited, to guarantee the liabilities of each other. The current and long term liabilities of the subsidiary at the year end is £82,028 excluding amounts due to the parent company.

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2025

2024

£

£

J Crowther

Balance outstanding at start of year

-

-

Amounts advanced

13,946

-

Amounts repaid

(10,400

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

3,546

-

The director's loan is repayable on demand and is interest free.

12.	LIMITED BY GUARANTEE

The company is limited by guarantee and does not have a share capital. The liability of the members in the event of the company being liquidated is limited to £1 per member.