REGISTERED NUMBER: 09380034 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2025

FOR

YCH CONTRACTING LIMITED

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

DIRECTORS:

D A Begg

Mrs L Begg

J C Begg

Mrs M J Martin

SECRETARY:

Mrs L Begg

REGISTERED OFFICE:

Unit 7

Courtyard 31

Pontefract Road

Normanton

West Yorkshire

WF6 1JU

REGISTERED NUMBER:

09380034 (England and Wales)

ACCOUNTANTS:

Smith Turner Chartered Accountants

Unit 7, Courtyard 31

Pontefract Road

Normanton

WF6 1JU

FIXED ASSETS

Tangible assets

4

13,363

17,705

CURRENT ASSETS

Stocks

140,000

258,050

Debtors

5

225,499

114,628

Cash at bank and in hand

23,628

147,943

389,127

520,621

CREDITORS

Amounts falling due within one year

6

(161,608

)

(292,343

)

NET CURRENT ASSETS

227,519

228,278

TOTAL ASSETS LESS CURRENT LIABILITIES

240,882

245,983

CREDITORS

Amounts falling due after more than one year

7

(3,318

)

(16,724

)

PROVISIONS FOR LIABILITIES

(2,539

)

(3,206

)

NET ASSETS

235,025

226,053

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

234,925

225,953

235,025

226,053

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 Income statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31st October 2025 and were signed on its behalf by:

J C Begg - Director

1.	STATUTORY INFORMATION

YCH Contracting 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.

Plant and machinery etc

-

25% on reducing balance and 20% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st February 2024

and 31st January 2025

64,323

DEPRECIATION

At 1st February 2024

46,618

Charge for year

4,342

At 31st January 2025

50,960

NET BOOK VALUE

At 31st January 2025

13,363

At 31st January 2024

17,705

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

Plant and

machinery

etc

£

COST

At 1st February 2024

and 31st January 2025

18,760

DEPRECIATION

At 1st February 2024

10,846

Charge for year

1,978

At 31st January 2025

12,824

NET BOOK VALUE

At 31st January 2025

5,936

At 31st January 2024

7,914

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/25

31/1/24

£

£

Trade debtors

164,901

92,128

Other debtors

60,598

22,500

225,499

114,628

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/25

31/1/24

£

£

Bank loans and overdrafts

11,181

11,181

Hire purchase contracts

4,119

4,119

Trade creditors

27,626

111,708

Taxation and social security

4,121

68,439

Other creditors

114,561

96,896

161,608

292,343

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/1/25

31/1/24

£

£

Bank loans

1,537

11,371

Hire purchase contracts

1,781

5,353

3,318

16,724

8.	RELATED PARTY DISCLOSURES

Creditors include a balance of £39,743 due to directors of the company. No interest is charged to the company in respect of this amount and there have been no fixed terms for repayment.

The company received a loan from a company under common control, and the following balance remains unpaid at 31st January 2025:

Albany Track Works Ltd £70,972