REGISTERED NUMBER: 07518205 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

YORKSHIRE CAT RESCUE (TRADING ENTERPRISE

S) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

H L M Bates

L Townsend

A Callaghan

SECRETARY:

L Nicholls

REGISTERED OFFICE:

The Farm Lower Pierce Close

Cross Roads

Keighley

West Yorkshire

BD22 9AQ

REGISTERED NUMBER:

07518205 (England and Wales)

ACCOUNTANTS:

Cansdales Business Advisers Limited

St Mary's Court

The Broadway

Old Amersham

Bucks

HP7 0UT

FIXED ASSETS

Tangible assets

3

11,997

16,026

CURRENT ASSETS

Stocks

2,901

3,940

Debtors

4

70,116

50,293

Cash at bank and in hand

13,587

7,316

86,604

61,549

CREDITORS

Amounts falling due within one year

5

(99,748

)

(77,471

)

NET CURRENT LIABILITIES

(13,144

)

(15,922

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,147

)

104

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

(1,151

)

100

SHAREHOLDERS' FUNDS

(1,147

)

104

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 December 2025 and were signed on its behalf by:

H L M Bates - Director

1.	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.

SUMMARY OF DISCLOSURE EXEMPTIONS

The company has taken advantage of the exemption under Financial Reporting Standard 102 Section 1AC.35 from disclosing transactions and balances with fellow group undertakings that are wholly owned.

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.

REVENUE RECOGNITION

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company's activities. Turnover is shown net of value added tax.

The company recognises revenue when the significant risks and rewards of ownership have been transferred to the buyer; the company retains no continuing involvement or control over the goods; the amount of revenue can be measured reliably and it is probable that future economic benefits will flow to the entity.

TANGIBLE FIXED ASSETS

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

Long leasehold

-

over remaining term of lease

Fixtures and fittings

-

10% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

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

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 assets

Basic financial assets, including trade and other receivables, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest for a similar asset. Such assets are subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss and any subsequent reversal is recognised in profit or loss.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Financial liabilities

Basic financial liabilities, including trade and other payables, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

HIRE PURCHASE AND LEASING COMMITMENTS

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the Balance Sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the Profit and Loss Account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

GOING CONCERN

The company has the ongoing support of the shareholders who have confirmed they will provide sufficient cash to enable the company to meet its obligations as they fall due. Having considered the validity of the going concern concept in relation to these accounts, the directors have concluded that the company will continue in operation for the foreseeable future and have therefore prepared the financial statements on a going concern basis.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2024 - 22 ) .

3.	TANGIBLE FIXED ASSETS

Fixtures

Long

and

Motor

Computer

leasehold

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

33,188

3,633

13,303

1,236

51,360

DEPRECIATION

At 1 April 2024

19,882

3,633

10,934

885

35,334

Charge for year

3,319

-

593

117

4,029

At 31 March 2025

23,201

3,633

11,527

1,002

39,363

NET BOOK VALUE

At 31 March 2025

9,987

-

1,776

234

11,997

At 31 March 2024

13,306

-

2,369

351

16,026

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

50,450

28,320

Other debtors

4,394

4,384

Prepayments

15,272

17,589

70,116

50,293

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

7,020

8,644

Pension Control Account

736

692

Amounts owed to group undertakings

84,856

61,564

Corporation tax

-

(99

)

Social security and other tax

3,054

2,799

VAT

20

-

Other creditors

812

812

Accrued expenses

3,250

3,059

99,748

77,471

6.	ULTIMATE CONTROLLING PARTY

The company's immediate parent is Yorkshire Cat Rescue, registered with Charities Commission in England and Wales.

The registered office of Yorkshire Cat Rescue is The Farm, Lower Pierce Close, Cross Roads, Keighley, BD22 9AQ.