REGISTERED NUMBER: 11330539 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

FOR

ASHTON YATES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

7

DIRECTOR:

D L H Yates

REGISTERED OFFICE:

Hy Hotel

318 -328 Clifton Drive North

Lytham St Annes

Lancashire

FY8 2PB

REGISTERED NUMBER:

11330539 (England and Wales)

ACCOUNTANTS:

Studholme-Bell Limited

Chartered Certified Accountants

Vantage House

3 East Terrace Business Park

Euxton Lane, Euxton

Chorley

Lancashire

PR7 6TB

FIXED ASSETS

Tangible assets

5

6,219,223

6,283,689

CURRENT ASSETS

Debtors

6

2,876,742

169,846

Cash at bank

66,309

-

2,943,051

169,846

CREDITORS

Amounts falling due within one year

7

796,883

1,251,860

NET CURRENT ASSETS/(LIABILITIES)

2,146,168

(1,082,014

)

TOTAL ASSETS LESS CURRENT LIABILITIES

8,365,391

5,201,675

CREDITORS

Amounts falling due after more than one year

8

(6,295,104

)

(3,067,942

)

PROVISIONS FOR LIABILITIES

(189,664

)

(189,664

)

NET ASSETS

1,880,623

1,944,069

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Fair value reserve

10

2,211,529

2,211,529

Retained earnings

(331,906

)

(268,460

)

1,880,623

1,944,069

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 May 2026 and were signed by:

D L H Yates - Director

1.	STATUTORY INFORMATION

Ashton Yates Ltd 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.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with FRS102 Section 1A for small entities. There were no material departures from that standard.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The principle accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year and have also been consistently applied within the same accounts.

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.

Turnover

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

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Financial instruments

The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank loans and directors' loans.

Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors' loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the statement of income and retained earnings.

Taxation

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.

Tax deferred or accelerated is accounted for in respect of all material timing differences.

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.

4.	EMPLOYEES AND DIRECTORS

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

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST OR VALUATION

At 1 June 2024

and 31 May 2025

6,025,827

481,914

24,092

6,531,833

DEPRECIATION

At 1 June 2024

-

229,308

18,836

248,144

Charge for year

-

63,152

1,314

64,466

At 31 May 2025

-

292,460

20,150

312,610

NET BOOK VALUE

At 31 May 2025

6,025,827

189,454

3,942

6,219,223

At 31 May 2024

6,025,827

252,606

5,256

6,283,689

Cost or valuation at 31 May 2025 is represented by:

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

£

£

£

Valuation in 2022

2,211,529

-

-

2,211,529

Cost

3,814,298

481,914

24,092

4,320,304

6,025,827

481,914

24,092

6,531,833

If freehold property had not been revalued it would have been included at the following historical cost:

31.5.25

31.5.24

£

£

Cost

3,814,298

3,814,298

Freehold property was valued on an open market basis on 31 May 2023 by the director .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

20,000

-

Amounts owed by group undertakings

2,855,840

169,846

Other debtors

902

-

2,876,742

169,846

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans and overdrafts

12,525

193,266

Trade creditors

20,730

1,958

Amounts owed to group undertakings

622,129

896,166

VAT

139,704

154,304

Accruals and deferred income

1,795

6,166

796,883

1,251,860

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans - 1-2 years

6,000,000

2,698,199

Directors Loan Account

295,104

369,743

6,295,104

3,067,942

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.5.25

31.5.24

£

£

Bank loans

6,012,525

2,891,465

Bank loans are secured over the assets of the company.

10.

RESERVES

Fair

value

reserve

£

At 1 June 2024

and 31 May 2025

2,211,529

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ashton Yates Ltd for the year ended 31 May 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the director of Ashton Yates Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ashton Yates Ltd and state those matters that we have agreed to state to the director of Ashton Yates Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Ashton Yates Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Ashton Yates Ltd. You consider that Ashton Yates Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Ashton Yates Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Studholme-Bell Limited

Chartered Certified Accountants

Vantage House

3 East Terrace Business Park

Euxton Lane, Euxton

Chorley

Lancashire

PR7 6TB

22 May 2026