Company Registration No. 10729157 (England and Wales)
Yorks Framing Ltd
Unaudited accounts
for the year ended 31 March 2025
Yorks Framing Ltd
Unaudited accounts
Contents
Yorks Framing Ltd
Company Information
for the year ended 31 March 2025
Company Number
10729157 (England and Wales)
Registered Office
230 Harrogate Road
Chapel Allerton
Leeds
LS7 4QD
United Kingdom
Accountants
Sleek Accounting Ltd
4th Floor
205 Regent Street
London
W1B 4HB
Yorks Framing Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
41,129
48,169
Cash at bank and in hand
7,551
9,583
Creditors: amounts falling due within one year
(28,258)
(28,807)
Net current liabilities
(20,707)
(12,649)
Total assets less current liabilities
20,422
35,520
Creditors: amounts falling due after more than one year
(4,149)
(9,258)
Provisions for liabilities
Deferred tax
(6,273)
(9,152)
Called up share capital
1
1
Profit and loss account
9,999
17,109
Shareholders' funds
10,000
17,110
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 December 2025 and were signed on its behalf by
Robert Bligh
Director
Company Registration No. 10729157
Yorks Framing Ltd
Notes to the Accounts
for the year ended 31 March 2025
Yorks Framing Ltd is a private company, limited by shares, registered in England and Wales, registration number 10729157. The registered office is 230 Harrogate Road, Chapel Allerton, Leeds, LS7 4QD, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% on reducing balance
Motor vehicles
25% on reducing balance
Fixtures & fittings
15% on reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Yorks Framing Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
35,087
51,829
9,271
4,261
100,448
Additions
2,843
-
-
-
2,843
At 31 March 2025
37,930
51,829
9,271
4,261
103,291
At 1 April 2024
18,927
26,217
4,712
2,423
52,279
Charge for the year
2,702
6,403
502
276
9,883
At 31 March 2025
21,629
32,620
5,214
2,699
62,162
At 31 March 2025
16,301
19,209
4,057
1,562
41,129
At 31 March 2024
16,160
25,612
4,559
1,838
48,169
Amounts falling due within one year
Accrued income and prepayments
-
6,575
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
5,851
5,742
Trade creditors
4,760
9,319
Taxes and social security
8,212
7,408
Other creditors
2,768
2,030
7
Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Yorks Framing Ltd
Notes to the Accounts
for the year ended 31 March 2025
9
Operating lease commitments
2025
2024
At 31 March 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
19,500
19,500
Later than one year and not later than five years
55,250
74,750
10
Average number of employees
During the year the average number of employees was 2 (2024: 3).