YTF Energy Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 09184034 (England and Wales)

YTF ENERGY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

to

5

DIRECTORS:

Mrs S A Tinkler

A J Watkin

REGISTERED OFFICE:

3 Castlegate

Grantham

Lincolnshire

NG31 6SF

REGISTERED NUMBER:

09184034 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

3 Castlegate

Grantham

Lincolnshire

NG31 6SF

BANKERS:

HSBC

17 High St

Melton Mowbray

Leicestershire

LE13 0TY

FIXED ASSETS

Tangible assets

4

776,151

756,482

CURRENT ASSETS

Debtors

5

2,327,456

2,400,464

Cash at bank

4,945

92,177

2,332,401

2,492,641

CREDITORS

Amounts falling due within one year

6

573,993

552,574

NET CURRENT ASSETS

1,758,408

1,940,067

TOTAL ASSETS LESS CURRENT LIABILITIES

2,534,559

2,696,549

CREDITORS

Amounts falling due after more than one year

7

(2,193,924

)

(2,271,175

)

PROVISIONS FOR LIABILITIES

(84,724

)

(94,111

)

NET ASSETS

255,911

331,263

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

255,811

331,163

SHAREHOLDERS' FUNDS

255,911

331,263

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 May 2026 and were signed on its behalf by:

A J Watkin - Director

1.	STATUTORY INFORMATION

YTF Energy Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	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.

Turnover

Turnover represents the fair value of revenue from feed in tariffs and the generation of electricity, excluding value added tax. Revenue is recognised in the period of generation.

Tangible fixed assets

Tangible fixed assets are held at cost less depreciation.

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

Plant and machinery etc - 33% on cost, 20% on cost and 4% on cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2024

1,209,993

Additions

91,628

Disposals

(1,890

)

At 31 August 2025

1,299,731

DEPRECIATION

At 1 September 2024

453,511

Charge for year

71,405

Eliminated on disposal

(1,336

)

At 31 August 2025

523,580

NET BOOK VALUE

At 31 August 2025

776,151

At 31 August 2024

756,482

5.

DEBTORS

2025

2024

£

Amounts falling due within one year:

Trade debtors

108,999

62,153

Prepayments and accrued income

6,882

7,622

115,881

69,775

Amounts falling due after more than one year:

Other debtors

2,211,575

2,330,689

Aggregate amounts

2,327,456

2,400,464

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Hire purchase contracts

10,717

-

Trade creditors

201,522

135,687

Taxation

7,006

45,647

Other creditors

51,745

75,190

Directors' current accounts

163,734

160,679

Accrued expenses

3,005

2,720

Bank loan

80,000

AMC loan

56,264

52,651

573,993

552,574

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

AMC loan due 2-5 years

264,958

247,946

Bank loan due 2-5 years

320,000

AMC loan due > 5 years

388,669

463,728

Bank loan due > 5 years

1,155,400

1,239,501

Hire purchase contracts

64,897

-

2,193,924

2,271,175

Amounts falling due in more than five years:

Repayable by instalments

AMC loan due > 5 years

388,669

463,728

Bank loan due > 5 years

1,155,400

1,239,501

Hire purchase

1,143

-

1,545,212

1,703,229

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Hire purchase contracts

75,614

-

Bank loans

1,555,400

1,639,501

Other loans

709,891

764,325

2,340,905

2,403,826

The bank loan is secured by a fixed and floating charge over the company's assets. The other loan is secured by personal guarantees provided by Mr & Mrs A J Watkin and Mrs S A Tinkler.

Hire purchase creditors are secured on the assets to which they relate.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

100

Ordinary Shares

£1

100