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Registration number: 02564003

Gordon Yates Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 December 2025

Gordon Yates Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 7

Gordon Yates Limited

Company Information

Directors | Mr R J R Grace Mr M B B Grace

Company secretary | Mr R J R Grace

Registered office | 5th Floor 167-169 Great Portland Street London W1W 5PF

Accountants | DG Accountancy Services Limited Chartered Accountants17 Stonecot Hill Sutton Surrey SM3 9HB

Gordon Yates Limited

(Registration number: 02564003)
Balance Sheet as at 31 December 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 4,144 | 5,525
Investment property | 5 | 1,551,200 | 1,580,000
Investments | 6 | 1,000 | 1,000
|  | 1,556,344 | 1,586,525
Current assets |  |  |
Debtors | 7 | 344,854 | 134,594
Cash at bank and in hand |  | 916,442 | 1,023,800
|  | 1,261,296 | 1,158,394
Creditors: Amounts falling due within one year | 8 | (1,082,161) | (832,505)
Net current assets |  | 179,135 | 325,889
Net assets |  | 1,735,479 | 1,912,414
Capital and reserves |  |  |
Called up share capital | 9 | 60,000 | 60,000
Share premium reserve |  | 10,000 | 10,000
Capital redemption reserve |  | 90,000 | 90,000
Retained earnings |  | 1,575,479 | 1,752,414
Shareholders' funds |  | 1,735,479 | 1,912,414

Gordon Yates Limited

(Registration number: 02564003)
Balance Sheet as at 31 December 2025

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 22 May 2026 and signed on its behalf by:

......................................... Mr R J R Grace Company secretary and director |  |

Gordon Yates Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
5th Floor
167-169 Great Portland Street
London
W1W 5PF

These financial statements were authorised for issue by the Board on 22 May 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and machinery | 25% on reducing balance

Gordon Yates Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Investment property

Investment properties are initially measured at cost and subsequently measured at fair value where a reliable measure of fair value is available without undue cost or effort.
The Companies Act 2006 requires all properties to be depreciated. However, this requirement conflicts with the generally accepted accounting principles set out in FRS 102. The directors consider that, because investment properties are not held for consumption, but for their investment, to depreciate them would not give a true and fair view.
If this departure from the Companies Act 2006 had not been made, the profit for the financial year would have been reduced by depreciation. However the amount of depreciation cannot reasonably be quantified, because depreciation is only one of many factors reflected in the annual valuation and the amount which might otherwise have been shown cannot be separately identified or quantified.

Hire Purchase and leasing commitments

Rentals paid under operating leases are charged to the profit or loss on a straight line basis over the period of the lease.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

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 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 5).

Gordon Yates Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4 | Tangible assets

| Plant and machinery £ | Total £
Cost or valuation
At 1 January 2025 | 651,654 | 651,654
Disposals | (641,654) | (641,654)
At 31 December 2025 | 10,000 | 10,000
Depreciation
At 1 January 2025 | 646,129 | 646,129
Charge for the year | 1,382 | 1,382
Eliminated on disposal | (641,655) | (641,655)
At 31 December 2025 | 5,856 | 5,856
Carrying amount
At 31 December 2025 | 4,144 | 4,144
At 31 December 2024 | 5,525 | 5,525

5 | Investment properties

| 2025 £
At 1 January | 1,580,000
Additions | 5,200
Revaluations | (34,000)
At 31 December | 1,551,200

6 | Investments

| 2025 £ | 2024 £
Investments in subsidiaries | 1,000 | 1,000

Subsidiaries | £
Cost or valuation
At 1 January 2025 | 1,000
Provision
Carrying amount
At 31 December 2025 | 1,000
At 31 December 2024 | 1,000

Gordon Yates Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

7 | Debtors

Current | Note | 2025 £ | 2024 £
Amounts owed by related parties | 10 | 132,823 | 95,427
Prepayments |  | 1,655 | 1,656
Other debtors |  | 210,376 | 37,511
|  | 344,854 | 134,594

8 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Taxation and social security | 352,252 | 312,178
Accruals and deferred income | 474,544 | 421,888
Other creditors | 255,365 | 98,439
| 1,082,161 | 832,505

9 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary Shares of £1 each | 60,000 | 60,000 | 60,000 | 60,000
Share Premium of £1 each | 10,000 | 10,000 | 10,000 | 10,000
Capital Redemption Reserve of £1 each | 90,000 | 90,000 | 90,000 | 90,000
| 160,000 | 160,000 | 160,000 | 160,000

10 | Related party transactions

At the balance sheet date, Gordon Yates Limited were owed by Gordon Yates Recruiting & Training Limited (a subsidiary company) £132,823 (2024: £95,427). During the year sales totalling £424,323 (2024: £299,712) were made to Gordon Yates Recruiting & Training Limited. During the year the company received dividends of Nil (2024: Nil) from the subsidiary company.
The company has a fixed and floating charge on all assets belonging to Gordon Yates Recruiting & Training Limited.