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Registered number: 07261606
Yorkshire Vintners Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
Jackson Whitwham Accountants LLP
Chartered Certified Accountants
Unit 9 Innovation Centre
Conyngham Hall
Knaresborough
North Yorkshire
HG5 9AY
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 07261606
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 84,685 104,334
84,685 104,334
CURRENT ASSETS
Stocks 5 242,952 309,934
Debtors 6 783,015 758,624
Cash at bank and in hand 3,801 9,644
1,029,768 1,078,202
Creditors: Amounts Falling Due Within One Year 7 (871,825 ) (949,362 )
NET CURRENT ASSETS (LIABILITIES) 157,943 128,840
TOTAL ASSETS LESS CURRENT LIABILITIES 242,628 233,174
Creditors: Amounts Falling Due After More Than One Year 8 (242,074 ) (222,448 )
NET ASSETS 554 10,726
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 454 10,626
SHAREHOLDERS' FUNDS 554 10,726
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For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Simon Jackson
Director
16 March 2026
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Yorkshire Vintners Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07261606 . The registered office is Unit 2 Ripon Business Park, Charter Road, Ripon , HG4 1AJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% RB
Fixtures & Fittings 25% SLM
Computer Equipment 25% SLM
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 13 (2025: 13)
13 13
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2025 179,341 26,974 19,511 225,826
As at 31 March 2026 179,341 26,974 19,511 225,826
Depreciation
As at 1 April 2025 87,606 23,526 10,360 121,492
Provided during the period 16,818 790 2,041 19,649
As at 31 March 2026 104,424 24,316 12,401 141,141
Net Book Value
As at 31 March 2026 74,917 2,658 7,110 84,685
As at 1 April 2025 91,735 3,448 9,151 104,334
5. Stocks
2026 2025
£ £
Stock 242,952 309,934
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6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 327,724 334,399
Corporation tax recoverable assets 92,066 92,066
Director's loan account 363,225 332,159
783,015 758,624
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 21,756 43,243
Trade creditors 371,194 326,399
Bank loans and overdrafts 315,008 328,015
Corporation tax 8,051 7,921
Other taxes and social security 3,446 15,411
VAT 113,569 171,031
Net wages - 17,407
Other creditors 36,768 36,486
Pension creditor - 1,161
Accruals and deferred income 2,033 2,288
871,825 949,362
8. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 26,107 24,354
Bank loans 215,967 198,094
242,074 222,448
9. Obligations Under Finance Leases and Hire Purchase
2026 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year 21,756 43,243
Later than one year and not later than five years 26,107 24,354
47,863 67,597
47,863 67,597
10. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
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11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2025 Amounts advanced Amounts repaid Amounts written off As at 31 March 2026
£ £ £ £ £
Mr Simon Jackson 332,159 31,066 - - 363,225
The above loan is unsecured, interest free and repayable on demand.
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