REGISTERED NUMBER: 09827231 (England and Wales)

TURNBULLS (YORK) HOLDINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Abridged Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTOR:

M E Turnbull

SECRETARY:

M E Turnbull

REGISTERED OFFICE:

2 The Hollies

The Village

Stockton On The Forest

York

YO32 9UW

REGISTERED NUMBER:

09827231 (England and Wales)

ACCOUNTANTS:

UHY Calvert Smith

Chartered Accountants

Heritage House

Murton Way

Osbaldwick

York

North Yorkshire

YO19 5UW

FIXED ASSETS

Tangible assets

4

82,445

97,979

Investments

5

3,112

6,805

Investment property

6

1,673,551

1,673,551

1,759,108

1,778,335

CURRENT ASSETS

Debtors

2,308

3,466

Cash at bank

112,344

59,439

114,652

62,905

CREDITORS

Amounts falling due within one year

100,369

48,705

NET CURRENT ASSETS

14,283

14,200

TOTAL ASSETS LESS CURRENT LIABILITIES

1,773,391

1,792,535

CREDITORS

Amounts falling due after more than one year

(44,551

)

(88,817

)

PROVISIONS FOR LIABILITIES

(40,950

)

(37,600

)

NET ASSETS

1,687,890

1,666,118

CAPITAL AND RESERVES

Called up share capital

50,000

50,000

Non-distributable reserves

123,131

131,258

Retained earnings

1,514,759

1,484,860

1,687,890

1,666,118

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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 27 November 2025 and were signed by:

M E Turnbull - Director

1.	STATUTORY INFORMATION

Turnbulls (York) Holdings 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.

Plant and machinery etc

-

25% on reducing balance and 25% straight line

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 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

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

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

138,087

Additions

5,010

Disposals

(2,700

)

At 31 March 2025

140,397

DEPRECIATION

At 1 April 2024

40,108

Charge for year

17,844

At 31 March 2025

57,952

NET BOOK VALUE

At 31 March 2025

82,445

At 31 March 2024

97,979

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 April 2024

6,805

Additions

14,999

Disposals

(18,377

)

Exchange differences

(497

)

Dividends received

182

At 31 March 2025

3,112

NET BOOK VALUE

At 31 March 2025

3,112

At 31 March 2024

6,805

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

1,673,551

NET BOOK VALUE

At 31 March 2025

1,673,551

At 31 March 2024

1,673,551

The investment properties are included at the director's assessment of fair value.

The amount credited to the Income Statement in respect of fair value adjustments was £Nil (2024 - £Nil).

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

56,471

68,621

Hire purchase contracts

32,116

37,822

88,587

106,443

Included within bank loans, are loans secured by the UK Government under the Bounce Back Loan Scheme. Other bank loans are secured against company assets.

Hire purchase loans are secured against the asset in which they relate.