Company registration number 10620455 (England and Wales)
PRO VANS YORKSHIRE LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
PAGES FOR FILING WITH REGISTRAR
PRO VANS YORKSHIRE LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 7
PRO VANS YORKSHIRE LIMITED
BALANCE SHEET
AS AT 30 JUNE 2025
30 June 2025
- 1 -
2025
2024
Notes
£
£
£
£
Current assets
Debtors
3
561,936
575,882
Cash at bank and in hand
155,373
67,944
717,309
643,826
Creditors: amounts falling due within one year
4
(378,741)
(370,690)
Net current assets
338,568
273,136
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
338,468
273,036
Total equity
338,568
273,136

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 23 December 2025 and are signed on its behalf by:
Mr Wayne Lella
Director
Company registration number 10620455 (England and Wales)
PRO VANS YORKSHIRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
- 2 -
1
Accounting policies
Company information

Pro Vans Yorkshire Limited is a private company limited by shares incorporated in England and Wales. The registered office is Rouse Mill, Rouse Mill Lane, Batley, WF17 5QB.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.true

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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.

PRO VANS YORKSHIRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 3 -
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, 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 paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

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

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

PRO VANS YORKSHIRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 4 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.8
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
4
4
3
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
300,016
348,193
Corporation tax recoverable
22,085
766
Amounts owed by group undertakings
204,860
139,422
Other debtors
34,975
87,501
561,936
575,882

Amounts owed by group undertakings are interest free and repayable on demand.

PRO VANS YORKSHIRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 5 -
4
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
328,092
325,980
Corporation tax
21,811
19,232
Other taxation and social security
-
0
7,150
Other creditors
28,838
18,328
378,741
370,690

Amounts owed to group undertakings are interest free and repayable on demand.

5
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

Opinion

In our opinion the financial statements:

- give a true and fair view of the state of the company's affairs as at 30 June 2025 and of its profit for the year then ended;

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- have been prepared in accordance with the requirements of the Companies Act 2006.

Senior Statutory Auditor:
Jamie Williams
Statutory Auditor:
BHP LLP
Date of audit report:
23 December 2025
6
Related party transactions
Transactions with related parties

During the year the company entered into the following transactions with related parties:

Purchases
2025
2024
£
£
Entities with control, joint control or significant influence over the company
5,347,118
4,935,548
PRO VANS YORKSHIRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
6
Related party transactions
(Continued)
- 6 -
Recharges
2025
2024
£
£
Entities with control, joint control or significant influence over the company
180,912
95,648
Other related parties
227,899
266,705

The following trade creditor balance were outstanding at the reporting end date:

2025
2024
Amounts due to related parties
£
£
Other related parties
283,048
275,593

The following amounts were outstanding at the reporting end date:

2025
2024
Amounts due from related parties
£
£
Entities with control, joint control or significant influence over the company
326,425
253,077
Other related parties
39,053
24,000
PRO VANS YORKSHIRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 7 -
7
Directors' transactions

Rent of £nil (2024: £72,000) was invoiced during the year from N L Property Services, a sole trader business owned by Nigel Lella.

Advances or credits have been granted by the group to its directors as follows:

Description
% Rate
Opening balance
Amounts repaid
Closing balance
£
£
£
Mr Wayne Lella - Loan account
-
65,438
(65,438)
-
65,438
(65,438)
-
8
Parent company

The immediate parent undertaking is NL Commercials Holdings Limited, who owns 51% of the company's share capital. The company is registered in England and Wales.

The registered office of the parent undertaking is Rouse Mill, Rouse Mill Lane, Batley, West Yorkshire, WF17 5QB.

On 17th November 2025, Qubic Trustees Ltd increased their shareholding in NL Commercials Holdings Limited to 90% of the ordinary A shares and 85% of the ordinary B shares, through the establishment of an Employee Benefit Trust ("EBT"), Qubic Trustees. It has been determined that the EBT has the legal and beneficial ownership of the share of NL Commercials Holdings Limited as a result of the influence that it has over future decisions of the group. The EBT therefore became the ultimate controlling party on this date.

2025-06-30 2024-07-01 false false false 23 December 2025 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr Nigel Lella Mr Wayne Lella 10620455 2024-07-01 2025-06-30 10620455 2025-06-30 10620455 2024-06-30 10620455 core:CurrentFinancialInstruments core:WithinOneYear 2025-06-30 10620455 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 10620455 core:WithinOneYear 2025-06-30 10620455 core:WithinOneYear 2024-06-30 10620455 core:CurrentFinancialInstruments 2025-06-30 10620455 core:CurrentFinancialInstruments 2024-06-30 10620455 core:ShareCapital 2025-06-30 10620455 core:ShareCapital 2024-06-30 10620455 core:RetainedEarningsAccumulatedLosses 2025-06-30 10620455 core:RetainedEarningsAccumulatedLosses 2024-06-30 10620455 bus:Director2 2024-07-01 2025-06-30 10620455 2023-07-01 2024-06-30 10620455 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity core:SaleOrPurchaseGoods 2024-07-01 2025-06-30 10620455 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity core:SaleOrPurchaseGoods 2023-07-01 2024-06-30 10620455 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 10620455 bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 10620455 bus:FRS102 2024-07-01 2025-06-30 10620455 bus:Audited 2024-07-01 2025-06-30 10620455 bus:Director1 2024-07-01 2025-06-30 10620455 bus:FullAccounts 2024-07-01 2025-06-30 xbrli:pure xbrli:shares iso4217:GBP