West Yorkshire Fascias Limited - Accounts to registrar (filleted)

WEST YORKSHIRE FASCIAS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

T E Buckley

REGISTERED OFFICE:

Fairfax House

6a Mill Field Road

Cottingley Business Park

Cottingley

West Yorkshire

BD16 1PY

REGISTERED NUMBER:

07720664 (England and Wales)

ACCOUNTANTS:

Wilkinson and Partners

Chartered Accountants

Fairfax House

6a Mill Field Road

Cottingley Business Park

Bradford

West Yorkshire

BD16 1PY

FIXED ASSETS

Intangible assets

5

-

Tangible assets

6

828

1,102

828

1,102

CURRENT ASSETS

Stocks

6,890

6,420

Debtors

7

8,770

8,831

Cash at bank

1,373

332

17,033

15,583

CREDITORS

Amounts falling due within one year

8

15,594

9,018

NET CURRENT ASSETS

1,439

6,565

TOTAL ASSETS LESS CURRENT LIABILITIES

2,267

7,667

CREDITORS

Amounts falling due after more than one
year

9

2,011

4,086

NET ASSETS

256

3,581

CAPITAL AND RESERVES

Called up share capital

10

100

Retained earnings

156

3,481

SHAREHOLDERS' FUNDS

256

3,581

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 December 2025 and were signed by:

T E Buckley - Director

1.	STATUTORY INFORMATION

West Yorkshire Fascias 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.	STATEMENT OF COMPLIANCE

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. In accordance with Section 444 of the Companies Act 2006, the Directors Report has not been delivered.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten 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.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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

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

4.	EMPLOYEES AND DIRECTORS

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

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 31 March 2024

and 30 March 2025

10,000

AMORTISATION

At 31 March 2024

and 30 March 2025

10,000

NET BOOK VALUE

At 30 March 2025

-

At 30 March 2024

-

6.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

COST

At 31 March 2024

and 30 March 2025

230

140

6,240

6,610

DEPRECIATION

At 31 March 2024

220

116

5,172

5,508

Charge for year

3

4

267

274

At 30 March 2025

223

120

5,439

5,782

NET BOOK VALUE

At 30 March 2025

7

20

801

828

At 30 March 2024

10

24

1,068

1,102

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.3.25

30.3.24

£

Trade debtors

8,770

8,831

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.3.25

30.3.24

£

Bank loans and overdrafts

1,799

Trade creditors

3,344

1,154

Tax

7,420

3,092

Social security and other taxes

408

Directors' current accounts

124

64

Accrued expenses

2,499

2,501

15,594

9,018

Loans from the director are interest free and repayable on demand.

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.3.25

30.3.24

£

Bank loans - 1-2 years

1,799

Bank loans - 2-5 years

212

2,287

2,011

4,086

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.3.25

30.3.24

value:

£

100

Ordinary

1

100

11.	ULTIMATE CONTROLLING PARTY

The controlling party is T E Buckley.