| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 30 April 2025 |
| for |
| Yorkshire Timber and Builders Merchants |
| Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 30 April 2025 |
| for |
| Yorkshire Timber and Builders Merchants |
| Limited |
| Yorkshire Timber and Builders Merchants |
| Limited (Registered number: 05735411) |
| Contents of the Financial Statements |
| for the Year Ended 30 April 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Yorkshire Timber and Builders Merchants |
| Limited |
| Company Information |
| for the Year Ended 30 April 2025 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Abacus House |
| Pennine Business Park |
| Longbow Close |
| Huddersfield |
| West Yorkshire |
| HD2 1GQ |
| Yorkshire Timber and Builders Merchants |
| Limited (Registered number: 05735411) |
| Balance Sheet |
| 30 April 2025 |
| 30.4.25 | 30.4.24 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks | 6 |
| Debtors | 7 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
9 |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| Yorkshire Timber and Builders Merchants |
| Limited (Registered number: 05735411) |
| Balance Sheet - continued |
| 30 April 2025 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Yorkshire Timber and Builders Merchants |
| Limited (Registered number: 05735411) |
| Notes to the Financial Statements |
| for the Year Ended 30 April 2025 |
| 1. | STATUTORY INFORMATION |
| Yorkshire Timber and Builders Merchants Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| 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 |
| Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. |
| At each reporting date the company assess whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount. |
| Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: |
| Leasehold improvements | - 10% on cost |
| Plant and machinery | - 20% reducing balance |
| Fixtures and fittings | - 15% reducing balance |
| Motor vehicles | - 25% reducing balance |
| Computer equipment | - 33% on cost |
| 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 Income Statement, 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. |
| Yorkshire Timber and Builders Merchants |
| Limited (Registered number: 05735411) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| 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. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | INTANGIBLE FIXED ASSETS |
| Computer |
| software |
| £ |
| COST |
| At 1 May 2024 |
| and 30 April 2025 |
| AMORTISATION |
| At 1 May 2024 |
| Amortisation for year |
| At 30 April 2025 |
| NET BOOK VALUE |
| At 30 April 2025 |
| At 30 April 2024 |
| Yorkshire Timber and Builders Merchants |
| Limited (Registered number: 05735411) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2025 |
| 5. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Short | Plant and | and |
| leasehold | machinery | fittings |
| £ | £ | £ |
| COST |
| At 1 May 2024 |
| Additions |
| Disposals |
| At 30 April 2025 |
| DEPRECIATION |
| At 1 May 2024 |
| Charge for year |
| Eliminated on disposal |
| At 30 April 2025 |
| NET BOOK VALUE |
| At 30 April 2025 |
| At 30 April 2024 |
| Motor | Computer |
| vehicles | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 May 2024 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 30 April 2025 |
| DEPRECIATION |
| At 1 May 2024 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 30 April 2025 |
| NET BOOK VALUE |
| At 30 April 2025 |
| At 30 April 2024 |
| Included within the net book value above is £70,097 (2024 - £nil), which relates to assets held under hire purchase agreements. The depreciation charge to the financial statements in the year in respect of such assets amounted to £4,673 (2024 - £nil). |
| 6. | STOCKS |
| 30.4.25 | 30.4.24 |
| £ | £ |
| Stocks |
| Yorkshire Timber and Builders Merchants |
| Limited (Registered number: 05735411) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2025 |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.4.25 | 30.4.24 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Directors' loan accounts | 263,101 | 254,377 |
| Prepayments |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.4.25 | 30.4.24 |
| £ | £ |
| Hire purchase contracts (see note 10) |
| Trade creditors |
| Tax |
| Social security and other tax |
| Pension liability | 6,253 | 5,556 |
| VAT | 80,355 | 78,028 |
| Other creditors |
| Credit card | 1,213 | 3,770 |
| Accrued expenses |
| 9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 30.4.25 | 30.4.24 |
| £ | £ |
| Hire purchase contracts (see note 10) |
| 10. | LEASING AGREEMENTS |
| Minimum lease payments fall due as follows: |
| Hire purchase |
| contracts |
| 30.4.25 | 30.4.24 |
| £ | £ |
| Net obligations repayable: |
| Within one year |
| Between one and five years |
| Yorkshire Timber and Builders Merchants |
| Limited (Registered number: 05735411) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2025 |
| 10. | LEASING AGREEMENTS - continued |
| Non-cancellable |
| operating leases |
| 30.4.25 | 30.4.24 |
| £ | £ |
| Within one year |
| Between one and five years |
| In more than five years |
| 11. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 30.4.25 | 30.4.24 |
| £ | £ |
| Hire purchase contracts | 70,616 | - |
| 12. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to directors subsisted during the years ended 30 April 2025 and 30 April 2024: |
| 30.4.25 | 30.4.24 |
| £ | £ |
| Director 1 |
| Balance outstanding at start of year | 88,389 | 86,746 |
| Amounts advanced | 98,139 | 89,965 |
| Amounts repaid | (90,136 | ) | (88,322 | ) |
| Balance outstanding at end of year | 96,392 | 88,389 |
| Director 2 |
| Balance outstanding at start of year | 110,830 | 109,611 |
| Amounts advanced | 120,332 | 110,830 |
| Amounts repaid | (110,830 | ) | (109,611 | ) |
| Balance outstanding at end of year | 120,332 | 110,830 |
| Director 3 |
| Balance outstanding at start of year | 55,158 | 56,040 |
| Amounts advanced | 46,377 | 55,159 |
| Amounts repaid | (55,158 | ) | (56,041 | ) |
| Balance outstanding at end of year | 46,377 | 55,158 |
| 13. | ULTIMATE CONTROLLING PARTY |
| The controlling party is Mr J Dickinson. |