REGISTERED NUMBER: SC451795 (Scotland)

YATES HELLIER LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2025

Page

Company Information

1

Chartered Certified Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

J Hellier

R Yates

REGISTERED OFFICE:

149 Hyndland Road

Glasgow

G12 9JA

REGISTERED NUMBER:

SC451795 (Scotland)

ACCOUNTANTS:

russell + russell

Chartered Certified Accountants

4 Royal Crescent

Glasgow

G3 7SL

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 Yates Hellier Limited for the year ended 30th June 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Yates Hellier 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 Yates Hellier Limited and state those matters that we have agreed to state to the Board of Directors of Yates Hellier Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Yates Hellier 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 Yates Hellier Limited. You consider that Yates Hellier 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 Yates Hellier 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.

russell + russell

Chartered Certified Accountants

4 Royal Crescent

Glasgow

G3 7SL

14th December 2025

FIXED ASSETS

Intangible assets

4

706

1,523

Tangible assets

5

101,298

108,074

Investments

6

501,927

-

603,931

109,597

CURRENT ASSETS

Stocks

1,400

1,200

Debtors

7

202,319

116,591

Cash at bank and in hand

283,849

96,599

487,568

214,390

CREDITORS

Amounts falling due within one year

8

593,274

218,091

NET CURRENT LIABILITIES

(105,706

)

(3,701

)

TOTAL ASSETS LESS CURRENT LIABILITIES

498,225

105,896

CREDITORS

Amounts falling due after more than one year

9

(261,215

)

(25,282

)

PROVISIONS FOR LIABILITIES

(16,852

)

(18,589

)

NET ASSETS

220,158

62,025

CAPITAL AND RESERVES

Called up share capital

12

100

100

Retained earnings

220,058

61,925

SHAREHOLDERS' FUNDS

220,158

62,025

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 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 13th December 2025 and were signed on its behalf by:

J Hellier - Director

1.	STATUTORY INFORMATION

Yates Hellier Limited is a private company, limited by shares , registered in Scotland. 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.

Going concern

The financial statements have been prepared on the going concern basis. The directors believe that the company has adequate resources and support to continue to operate for the foreseeable future.

Preparation of consolidated financial statements

The financial statements contain information about Yates Hellier Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

The turnover shown in the profit and loss account represents management fees, estate agency commission and other income receivable for the period, exclusive of Value Added Tax.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website development costs are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

33% straight line

Fixtures and fittings

-

25% straight line

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% straight line

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

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.

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.

Deferred government grants

Deferred government grants in respect of capital expenditure are treated as deferred income and are credited to the profit and loss account over the estimated useful life of the assets to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Website

development

costs

£

COST

At 1st July 2024

and 30th June 2025

4,082

AMORTISATION

At 1st July 2024

2,559

Amortisation for year

817

At 30th June 2025

3,376

NET BOOK VALUE

At 30th June 2025

706

At 30th June 2024

1,523

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st July 2024

55,608

9,618

58,870

31,513

155,609

Additions

3,008

2,996

12,105

14,544

32,653

Disposals

-

(2,722

)

-

(3,524

)

(6,246

)

At 30th June 2025

58,616

9,892

70,975

42,533

182,016

DEPRECIATION

At 1st July 2024

4,368

6,354

15,692

21,121

47,535

Charge for year

19,100

1,791

11,301

6,902

39,094

Eliminated on disposal

-

(2,674

)

-

(3,237

)

(5,911

)

At 30th June 2025

23,468

5,471

26,993

24,786

80,718

NET BOOK VALUE

At 30th June 2025

35,148

4,421

43,982

17,747

101,298

At 30th June 2024

51,240

3,264

43,178

10,392

108,074

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

Motor

vehicles

£

COST

At 1st July 2024

36,343

Additions

9,289

At 30th June 2025

45,632

DEPRECIATION

At 1st July 2024

1,742

Charge for year

10,578

At 30th June 2025

12,320

NET BOOK VALUE

At 30th June 2025

33,312

At 30th June 2024

34,601

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

501,927

At 30th June 2025

501,927

NET BOOK VALUE

At 30th June 2025

501,927

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

182,271

107,174

Other debtors

20,048

9,417

202,319

116,591

Other debtors includes £9,419 owed by Yates Hellier (Hyndland) Limited.

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans and overdrafts (see note 10)

61,229

10,270

Hire purchase contracts

11,875

8,961

Trade creditors

13,478

17,372

Amounts owed to group undertakings

49,246

-

Taxation and social security

180,720

63,449

Other creditors

276,726

118,039

593,274

218,091

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans (see note 10)

249,722

9,562

Hire purchase contracts

11,467

15,720

Other creditors

26

-

261,215

25,282

10.

LOANS

An analysis of the maturity of loans is given below:

30.6.25

30.6.24

£

£

Amounts falling due within one year or on demand:

Bounce back loan

9,562

10,270

Virgin Money loan

51,667

-

61,229

10,270

Amounts falling due between one and two years:

Bounce back loan

-

9,562

Virgin Money loan

51,667

-

51,667

9,562

Amounts falling due between two and five years:

Virgin Money Loan

198,055

-

11.	SECURED DEBTS

The following secured debts are included within creditors:

30.6.25

30.6.24

£

£

Hire purchase contracts

23,342

24,681

Virgin Money loan

301,389

-

324,731

24,681

There is a floating charge over the assets of the company in favour of Virgin Money Plc.

The hire purchase contracts are secured on the assets to which they relate.

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.25

30.6.24

value:

£

£

100

Ordinary £1 shares

£1

100

100

13.	OTHER FINANCIAL COMMITMENTS

The company has future operating lease commitments of £254,724 (2024: £174,167).

14.	ULTIMATE CONTROLLING PARTY

The company was under the control of the directors throughout the current and previous year. There is no ultimate controlling party.