REGISTERED NUMBER: 04748488 (England and Wales)

Financial Statements for the Year Ended 30 September 2025

for

Yorklea Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G W Claffey

Mrs L Claffey

REGISTERED OFFICE:

20 Torkington Road

Hazel Grove

Stockport

SK7 4RQ

REGISTERED NUMBER:

04748488 (England and Wales)

AUDITORS:

Fairhurst Audit Services Ltd

Statutory Auditors

Chartered Accountants

Douglas Bank House

Wigan Lane

Lancashire

WN1 2TB

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

297,085

311,463

297,085

311,463

CURRENT ASSETS

Stocks

1,500

1,500

Debtors

6

108,332

189,561

Cash at bank and in hand

70,555

33,375

180,387

224,436

CREDITORS

Amounts falling due within one year

7

141,315

158,535

NET CURRENT ASSETS

39,072

65,901

TOTAL ASSETS LESS CURRENT LIABILITIES

336,157

377,364

CREDITORS

Amounts falling due after more than one year

8

(262,574

)

(328,887

)

PROVISIONS FOR LIABILITIES

11

(37,303

)

(29,747

)

NET ASSETS

36,280

18,730

CAPITAL AND RESERVES

Called up share capital

12

2

2

Retained earnings

13

36,278

18,728

SHAREHOLDERS' FUNDS

36,280

18,730

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 11 May 2026 and were signed on its behalf by:

G W Claffey - Director

1.	STATUTORY INFORMATION

Yorklea 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.

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, has been amortised evenly over its estimated useful life of twenty years.

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

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

Freehold property

- 10% on reducing balance

Plant and machinery

- 15% on reducing balance

Fixtures and fittings

- 15% on reducing balance

Additions are depreciated for a full year in the year of acquisition and none in the year of disposal.

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 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 balance sheet date.

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 36 (2024 - 35 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2024

and 30 September 2025

550,000

AMORTISATION

At 1 October 2024

and 30 September 2025

550,000

NET BOOK VALUE

At 30 September 2025

-

At 30 September 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2024

707,656

Additions

28,484

At 30 September 2025

736,140

DEPRECIATION

At 1 October 2024

396,193

Charge for year

42,862

At 30 September 2025

439,055

NET BOOK VALUE

At 30 September 2025

297,085

At 30 September 2024

311,463

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

83,277

161,210

Other debtors

25,055

28,351

108,332

189,561

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans and overdrafts

27,500

28,238

Trade creditors

35,705

38,956

Taxation and social security

25,619

12,236

Other creditors

52,491

79,105

141,315

158,535

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans

136,711

161,495

Amounts owed to associates

125,863

167,392

262,574

328,887

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

9,008

48,542

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

30.9.25

30.9.24

£

£

Within one year

101,096

97,577

Between one and five years

376,300

381,528

In more than five years

770,000

858,000

1,247,396

1,337,105

10.	SECURED DEBTS

The following secured debts are included within creditors:

30.9.25

30.9.24

£

£

Bank loans

164,211

189,733

11.	PROVISIONS FOR LIABILITIES

30.9.25

30.9.24

£

£

Deferred tax

Accelerated capital allowances

37,303

36,748

Tax losses carried forward

-

(7,001

)

37,303

29,747

Deferred

tax

£

Balance at 1 October 2024

29,747

Provided during year

555

Utilised during year

7,001

Balance at 30 September 2025

37,303

12.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

30.9.25

30.9.24

value:

£

£

2

Ordinary shares

1

2

2

13.

RESERVES

Retained

earnings

£

At 1 October 2024

18,728

Profit for the year

117,550

Dividends

(100,000

)

At 30 September 2025

36,278

14.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Louise Webster (Senior Statutory Auditor)

for and on behalf of Fairhurst Audit Services Ltd

15.	RELATED PARTY DISCLOSURES

At the balance sheet date £125,863 (2024: £167,392) was owed to Olea Care Ltd, a company controlled by the directors.

The property from which the company operates is owned by related parties.

During the year the company paid £11,000 (2024: £67,520) to the director in relation to this property rental.

During the year the director's interest in the lease was transferred to the director's pension scheme. Following the transfer, rental payments of £33,000 were made to the pension scheme in relation to that interest.

During the year the company paid £44,000 (2024: £11,000) to its parent company in relation to this property rental.

16.	ULTIMATE CONTROLLING PARTY

During the previous year, the company was acquired by Olea Holdings Limited and continues to be a wholly owned subsidiary.

The company is controlled by the directors.