Registration number: 03315698

Yorkshire Trade Windows Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 5

Yorkshire Trade Windows Limited

(Registration number: 03315698)
Balance Sheet as at 31 March 2025

	Note	2025 £		2024 £
Fixed assets
Tangible assets	4		1,083,766		974,046
Current assets
Stocks		546,275		557,946
Debtors	5	546,319		571,217
Cash at bank and in hand		756,662		932,867
		1,849,256		2,062,030
Creditors: Amounts falling due within one year	6	(847,349)		(880,523)
Net current assets			1,001,907		1,181,507
Total assets less current liabilities			2,085,673		2,155,553
Provisions for liabilities			(252,452)		(227,093)
Net assets			1,833,221		1,928,460
Capital and reserves
Called up share capital		1,200		1,200
Profit and loss account		1,832,021		1,927,260
Total equity			1,833,221		1,928,460

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 15 December 2025 and signed on its behalf by:
 

......................................... Mr S.L. Drewell Director

Yorkshire Trade Windows Limited

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2025

1	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when, the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Yorkshire Trade Windows Limited

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2025

Tangible assets

With the exception of freehold land and buildings, tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Depreciation is not provided in respect of freehold land and buildings, as they are regularly revalued and an annual impairment review carried out. The properties are maintained to a high standard such that, in the opinion of the directors, their residual value will remain no lower than their carrying value.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than freehold land and buildings, over their estimated useful lives.

Asset class	Depreciation method and rate
Plant and equipment	10% to 25% on cost
Fixtures and fittings	20% to 33% on cost

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Borrowings

Interest-bearing borrowings are recorded at fair value, net of transaction costs.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Yorkshire Trade Windows Limited

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2025

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 49 (2024 - 49).

3	Profit before tax

Arrived at after charging/(crediting)

	2025 £	2024 £
Depreciation expense	246,251	162,791

4	Tangible assets

	Plant and machinery £	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 April 2024	1,991,384	49,588	305,527	2,346,499
Additions	23,228	40,954	291,789	355,971
Disposals	(11,269)	(29,034)	(74,139)	(114,442)
At 31 March 2025	2,003,343	61,508	523,177	2,588,028
Depreciation
At 1 April 2024	1,038,808	41,493	292,152	1,372,453
Charge for the year	143,354	20,881	82,016	246,251
Eliminated on disposal	(11,269)	(29,034)	(74,139)	(114,442)
At 31 March 2025	1,170,893	33,340	300,029	1,504,262
Carrying amount
At 31 March 2025	832,450	28,168	223,148	1,083,766
At 31 March 2024	952,576	8,095	13,375	974,046

5

Debtors

Current	2025 £	2024 £
Trade debtors	512,971	536,249
Owed by/(from) parent undertakings	-	3,448
Prepayments	33,348	31,520
	546,319	571,217

Yorkshire Trade Windows Limited

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2025

6

Creditors

	2025 £	2024 £
Due within one year
Trade creditors	484,445	453,547
Owed by/(from) parent undertakings	108,833	-
Taxation and social security	165,130	311,025
Other creditors	88,941	115,951
	847,349	880,523

7	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of guarantees not included in the balance sheet is £1,000,000 (2024 - £1,000,000). The guarantee is by way of security for its parent company borrowings.

8	Parent and ultimate parent undertaking

The company's immediate parent is MKC (Yorkshire) Limited, incorporated in England and Wales.

 The ultimate controlling party is Mr S L Drewell.