REGISTERED NUMBER: 10581567 (England and Wales)

YORK GROUP LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

-

40,000

Tangible assets

5

-

13,333

Investments

6

300

300

Investment property

7

1,641,932

1,508,425

1,642,232

1,562,058

CURRENT ASSETS

Debtors

8

1,007,997

843,956

Cash at bank

117,586

78,660

1,125,583

922,616

CREDITORS

Amounts falling due within one year

9

1,430,156

1,523,065

NET CURRENT LIABILITIES

(304,573

)

(600,449

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,337,659

961,609

CREDITORS

Amounts falling due after more than one year

10

(1,242,842

)

(989,899

)

PROVISIONS FOR LIABILITIES

-

(2,534

)

NET ASSETS/(LIABILITIES)

94,817

(30,824

)

CAPITAL AND RESERVES

Called up share capital

12

100

100

Retained earnings

13

94,717

(30,924

)

SHAREHOLDERS' FUNDS

94,817

(30,824

)

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 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 Profit and loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 December 2025 and were signed on its behalf by:

A Rai - Director

L S Sohal - Director

1.	STATUTORY INFORMATION

York Group Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

10581567

Registered office:

7-8 Portmill Lane

Hitchin

Hertfordshire

SG5 1DJ

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 directors have a reasonable expectation that the company will continue to operate for the foreseeable future and so these financial statements are prepared on the going concern basis.

Preparation of consolidated financial statements

The financial statements contain information about York Group 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the Director's opinion, there are no significant judgements or key sources of estimation uncertainty.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents amounts for rent receivable.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of five years.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Financial instruments

The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

300,000

AMORTISATION

At 1 April 2024

260,000

Amortisation for year

40,000

At 31 March 2025

300,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

40,000

5.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2024

and 31 March 2025

100,000

DEPRECIATION

At 1 April 2024

86,667

Charge for year

13,333

At 31 March 2025

100,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

13,333

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

300

NET BOOK VALUE

At 31 March 2025

300

At 31 March 2024

300

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

1,508,425

Additions

133,507

At 31 March 2025

1,641,932

NET BOOK VALUE

At 31 March 2025

1,641,932

At 31 March 2024

1,508,425

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

912,583

776,105

Other debtors

95,414

67,851

1,007,997

843,956

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

78,451

61,910

Trade creditors

52,438

2,098

Amounts owed to group undertakings

1,295,675

1,103,784

Taxation and social security

1

10,273

Other creditors

3,591

345,000

1,430,156

1,523,065

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

884,470

614,718

Other creditors

358,372

375,181

1,242,842

989,899

11.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

962,921

676,628

The company issued a debenture dated 3rd April 2017 to HSBC bank for the overdrafts, loans and other facilities whereby the bank has a fixed and a floating charge over all the assets of the company.

The company issued a charge dated 10th December 2019 to HSBC bank for the mortgage, whereby the bank has a charge over the freehold property known as Milton House.

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

1

100

100

13.

RESERVES

Retained

earnings

£

At 1 April 2024

(30,924

)

Profit for the year

437,641

Dividends

(312,000

)

At 31 March 2025

94,717

14.	RELATED PARTY DISCLOSURES

ACCA Land Limited

A company in which Mr L S Sohal is director.

Amounts due to the related party at the balance sheet date is £350,000 (2024: £350,000).

This loan is unsecured, there is no interest payable and there are no agreed repayment terms.

SRK Group Limited

A company in which Mr L S Sohal is director.

Amounts due from the related party at the balance sheet date is £75,000 (2024: £75,000).

This loan is unsecured, there is no interest payable and there are no agreed repayment terms.

ACCA Group Limited

A company in which Mr L S Sohal is director.

Amounts due to the related party at the balance sheet date is £20,000 (2024: £20,000).

This loan is unsecured, there is no interest payable and there are no agreed repayment terms.

Viva Property Group Limited

A company in which Mr L S Sohal and Mr A Rai are directors.

Amounts due from the related party at the balance sheet date is £248,764 (2024: £Nil).

This loan is unsecured, there is no interest payable and there are no agreed repayment terms.