6512695 false that of import, wholesale and retail of kitchen and bathroom accessories and related products 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/2024-03-31 http://www.companieshouse.gov.uk/cd:CompanySecretary1 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/pt:ShareCapital 2024-03-31 http://www.companieshouse.gov.uk/cd:Director1 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/pt:ShareCapital 2025-03-31 http://www.companieshouse.gov.uk/pt:ToolsEquipment 2024-03-31 http://www.companieshouse.gov.uk/cd:OrdinaryShareClass1 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/pt:ToolsEquipment 2025-03-31 http://www.companieshouse.gov.uk/cd:RegisteredOffice 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/pt:NetGoodwill 2025-03-31 http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2025-03-31 http://www.companieshouse.gov.uk/pt:NetGoodwill 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2024-03-31 http://www.companieshouse.gov.uk/2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/2024-03-31 http://www.companieshouse.gov.uk/cd:FRS102 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/2025-03-31 http://www.companieshouse.gov.uk/cd:FullAccounts 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 6512695
YOUNG AND YOUNGER LTD
ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
Prepared By:
JAN G GROMADZKI
CHARTERED ACCOUNTANT
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT

YOUNG AND YOUNGER LTD

ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
DIRECTORS
ERIC EDWARD YOUNG
SECRETARY
MRS A M YOUNG
REGISTERED OFFICE
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 6512695
BANKERS
ACCOUNTANTS
JAN G GROMADZKI
CHARTERED ACCOUNTANT
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT

YOUNG AND YOUNGER LTD

ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
CONTENTS |  |
|  | Page
Directors' Report |  | -
Accountants' Report |  | -
Statement Of Comprehensive Income |  | -
Balance Sheet |  | 3
Notes To The Accounts |  | 4
The following do not form part of the statutory financial statements: |  |
Trading And Profit And Loss Account |  | -
Profit And Loss Account Summaries |  | -

YOUNG AND YOUNGER LTD

BALANCE SHEET AT 31/03/2025
|  |  |  |  |  | 2025 |  |  |  | 2024
|  | Notes |  |  |  | £ |  |  |  | £
FIXED ASSETS |  |  |  |  |  |  |  |  |  |
Tangible assets |  | 3 |  |  |  | 1,615 |  |  |  | 2,015
CURRENT ASSETS |  |  |  |  |  |  |  |  |  |
Stock |  |  |  | 29,900 |  |  |  | 23,400 |  |
Debtors |  | 5 |  | 4,644 |  |  |  | 21,789 |  |
Cash at bank and in hand |  |  |  | 16,307 |  |  |  | 17,167 |  |
|  |  |  | 50,851 |  |  |  | 62,356 |  |
CREDITORS: Amounts falling due within one year |  | 6 |  | 51,527 |  |  |  | 63,272 |  |
NET CURRENT LIABILITIES |  |  |  |  |  | (676) |  |  |  | (916)
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  |  |  |  | 939 |  |  |  | 1,099
PROVISIONS FOR LIABILITIES AND CHARGES |  | 8 |  |  |  | 272 |  |  |  | 289
NET ASSETS |  |  |  |  |  | 667 |  |  |  | 810
CAPITAL AND RESERVES |  |  |  |  |  |  |  |  |  |
Called up share capital |  | 9 |  |  |  | 1 |  |  |  | 1
Profit and loss account |  |  |  |  |  | 666 |  |  |  | 809
SHAREHOLDERS' FUNDS |  |  |  |  |  | 667 |  |  |  | 810
For the year ending 31/03/2025 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 14/01/2026 and signed on their behalf by |  |  |  |  |  |  |  |  |  |
............................. |  |  |  |  |  |  |  |  |  |
ERIC EDWARD YOUNG |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |

YOUNG AND YOUNGER LTD

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2025

1. ACCOUNTING POLICIES

1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

1b. Depreciation |  |
Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives.
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is an indication that any items have suffered impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.
Equipment |  | straight line 10%

1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

1d. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.

1e. Basis Of Accounting FRS 1021 a
The accounts have been prepared under the historical cost convention and are stated in United Kingdom Pounds Sterling.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

YOUNG AND YOUNGER LTD

2. INTANGIBLE FIXED ASSETS |  |  |  |
|  | Purchased |  |
|  | Goodwill |  | Total
|  | £ |  | £
Cost |  |  |  |
At 01/04/2024 |  | 9,000 |  | 9,000
At 31/03/2025 |  | 9,000 |  | 9,000
Depreciation |  |  |  |
At 01/04/2024 |  | 9,000 |  | 9,000
At 31/03/2025 |  | 9,000 |  | 9,000
Net Book Amounts |  |  |  |
At 31/03/2025 |  | - |  | -

3. TANGIBLE FIXED ASSETS |  |  |  |
|  | Equipment |  | Total
|  | £ |  | £
Cost |  |  |  |
At 01/04/2024 |  | 10,155 |  | 10,155
Disposals |  | (140) |  | (140)
At 31/03/2025 |  | 10,015 |  | 10,015
Depreciation |  |  |  |
At 01/04/2024 |  | 8,140 |  | 8,140
Disposals |  | (140) |  | (140)
For the year |  | 400 |  | 400
At 31/03/2025 |  | 8,400 |  | 8,400
Net Book Amounts |  |  |  |
At 31/03/2025 |  | 1,615 |  | 1,615
At 31/03/2024 |  | 2,015 |  | 2,015

4. STOCK |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Stock comprises: |  |  |  |  |  |
Stock |  |  |  | 29,900 |  | 23,400
|  |  |  | 29,900 |  | 23,400

YOUNG AND YOUNGER LTD

5. DEBTORS |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Amounts falling due within one year |  |  |  |  |  |
Trade debtors |  |  |  | 2,619 |  | 13,244
Other debtors |  |  |  | 864 |  | 7,308
Prepayments |  |  |  | 1,161 |  | 1,237
|  |  |  | 4,644 |  | 21,789

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
UK corporation tax |  |  |  | 5,629 |  | 8,220
VAT |  |  |  | 18,838 |  | 19,624
PAYE control |  |  |  | 241 |  | 242
Directors current account |  |  |  | 4,414 |  | 6,547
Trade creditors |  |  |  | 14,685 |  | 20,831
Accruals |  |  |  | 7,720 |  | 7,808
|  |  |  | 51,527 |  | 63,272

7. EMPLOYEES |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | No. |  | No.
Average number of employees |  |  |  | 1 |  | 1
Key management personnel is restricted to that of the director.

8. PROVISIONS FOR LIABILITIES |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Deferred taxation |  |  |  | 272 |  | 289
|  |  |  | 272 |  | 289

YOUNG AND YOUNGER LTD

9. SHARE CAPITAL |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Allotted, issued and fully paid: |  |  |  |  |  |
1 Ordinary shares of £1 each |  |  |  | 1 |  | 1
|  |  |  | 1 |  | 1

10. CONTROLLING PARTY
The company is wholly owned by the director Mr E E Young.

11. RELATED PARTY TRANSACTIONS
The director Mr E E Young received a dividend of £ 10,000 in the year to 31 March 2025 (2024 - £ 15,000).

12. NATURE OF OPERATIONS AND PRINCIPAL ACTIVITIES
The company is principally involved in the procurement and supply, both retail and wholesale, of kitchen and bathroom accessories and related products.

13. GENERAL INFORMATION
Young and Younger Limited is a private company limited by shares and incorporated in England. Its registered office is 13 Wolverhampton Road, Codsall, Wolverhampton, West Midlands, WV8 1PT.
The financial statements are presented in United Kingdom Pounds Sterling, which is the functional currency of the company.