YGI Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 04840371

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		43,731		59,533

			43,731		59,533
CURRENT ASSETS
Stocks		10,000		20,000
Debtors	5	171,613		350,267
Cash at bank and in hand		204,898		44,694

		386,511		414,961
Creditors: Amounts Falling Due Within One Year	6	(227,154 )		(255,629 )

NET CURRENT ASSETS (LIABILITIES)			159,357		159,332

TOTAL ASSETS LESS CURRENT LIABILITIES			203,088		218,865

Creditors: Amounts Falling Due After More Than One Year	7		(10,253 )		(24,366 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	10		(10,334 )		(10,840 )

NET ASSETS			182,501		183,659

CAPITAL AND RESERVES
Called up share capital	12		6		6
Profit and Loss Account			182,495		183,653

SHAREHOLDERS' FUNDS			182,501		183,659

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YGI Limited

Balance Sheet (continued)

As At 31 January 2025

For the 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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Ms Diane Larkin

Director

29/10/2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

YGI Limited Registered number 04840371 is a limited by shares company incorporated in England & Wales. The Registered Office is 19 Middlewoods Way, Carlton, Barnsley, South Yorkshire, S71 3HR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Tools and Equipment	25% reducing balance
Motor Vehicles	25% reducing balance
Equipment Fixtures and Fittings	25% reducing balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

2.7. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 18 (2024: 22)

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YGI Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

4. Tangible Assets

	Tools and Equipment	Motor Vehicles	Equipment Fixtures and Fittings	Total
	£	£	£	£
Cost
As at 1 February 2024	11,862	258,436	14,009	284,307
Disposals	-	(9,750 )	-	(9,750 )

As at 31 January 2025	11,862	248,686	14,009	274,557

Depreciation
As at 1 February 2024	11,806	199,076	13,892	224,774
Provided during the period	14	14,533	30	14,577
Disposals	-	(8,525 )	-	(8,525 )

As at 31 January 2025	11,820	205,084	13,922	230,826

Net Book Value
As at 31 January 2025	42	43,602	87	43,731

As at 1 February 2024	56	59,360	117	59,533

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

	2025	2024
	£	£
Motor Vehicles	6,588	8,783

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	134,648	295,071
Prepayments and accrued income	5,355	5,066
VAT	31,610	50,130

	171,613	350,267

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	4,100	4,100
Trade creditors	154,373	168,036
Bank loans and overdrafts	10,000	10,000
Corporation tax	14,292	1,655
PAYE creditor	24,007	36,414
Wages creditor	12,388	16,765
Pension creditor	1,227	1,310
Credit card	2,856	13,783
Accruals and deferred income	3,911	3,566

	227,154	255,629

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YGI Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	342	4,442
Bank loans	9,911	19,924

	10,253	24,366

8. Secured Creditors

Of the creditors the following amounts are secured.

	2025		2024
	£		£
Net obligations under finance lease and hire purchase contracts	4,442		8,542

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	4,100	4,100
Later than one year and not later than five years	342	4,442

	4,442	8,542

	4,442	8,542

10. Deferred Taxation

The provision for deferred tax is made up as follows:

	2025	2024
	£	£
Other timing differences	10,334	10,840

11. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 1 February 2024	10,840	10,840
Reversals	(506 )	(506)

Balance at 31 January 2025	10,334	10,334

12. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
4 Ordinary Shares of £ 1 each	4	4
2 Ordinary A shares of £ 1 each	2	2

	6	6

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YGI Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

13. Other Commitments

At the end of the period the company had annual commitments under non-cancellable leases as follows:

	2025	2024
	£	£
Not later than one year	27,790	8,629
Later than one year and not later than five years	33,042	85,170

	60,832	93,799

14. Directors Advances, Credits and Guarantees

Dividends paid to directors

	2025	2024
	£	£
Ms Diane Larkin	35,000	30,000

Ms D Larkin, director, has given a personal gaurantee in respect of the bank overdraft to a limit of £100,000.

15. Related Party Transactions

The company is controlled by Ms D Larkin & N Ferguson, directors and shareholders of the company.

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