Company registration number: 00498827
Annual report and unaudited financial statements
for the year ended 31 December 2025
for
Yorkshire Precision Gauges Ltd
Pages for filing with the Registrar
Company registration number: 00498827
Yorkshire Precision Gauges Ltd
Balance sheet
as at 31 December 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 485,428 439,308
485,428 439,308
Current assets
Stocks 483,613 475,056
Debtors 215,135 202,174
Cash at bank and in hand 5,629 14,429
704,377 691,659
Creditors: amounts falling due within one
year 		(482,484) (470,963)
Net current assets 221,893 220,696
Total assets less current liabilities 707,321 660,004
Creditors: Amounts falling due after more
than one year 		(47,575) (75,555)
Provisions for liabilities (60,731) (47,284)
NET ASSETS 599,015 537,165
Capital and reserves
Called up share capital 100,100 100,100
Profit and loss account 498,915 437,065
TOTAL EQUITY 599,015 537,165
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 December 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 00498827
Yorkshire Precision Gauges Ltd
Balance sheet - continued
as at 31 December 2025
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 1 June 2026 and signed on its behalf by:
Mr A Edwards, Director
1 June 2026
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Yorkshire Precision Gauges Ltd
Notes to the financial statements
for the year ended 31 December 2025
1 Company information
Yorkshire Precision Gauges Ltd is a private company registered in England and Wales. Its registered number is 00498827. The company is limited by shares. Its registered office is Cuckoo Lane, Hatfield, Nr.Doncaster, DN7 6QF.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Leasehold Property - 0% straight line
Plant and machinery etc.:
Plant and machinery -
Computer equipment -
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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Yorkshire Precision Gauges Ltd
Notes to the financial statements - continued
for the year ended 31 December 2025
2 Accounting policies - continued
Taxation
Taxation for the year comprises current and deferred taxation. Tax is recognised in the Profit and loss account, 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 taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 28 (2024 - 28).
4 Tangible fixed assets
Land and
buildings 		Plant and
machinery
etc. 		Totals
£ £ £
Cost
At 1 January 2025 53,478 1,003,234 1,056,712
Additions - 90,085 90,085
At 31 December 2025 53,478 1,093,319 1,146,797
Depreciation
At 1 January 2025 - 617,404 617,404
Charge for year - 43,965 43,965
At 31 December 2025 - 661,369 661,369
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Yorkshire Precision Gauges Ltd
Notes to the financial statements - continued
for the year ended 31 December 2025
4 Tangible fixed assets - continued
Net book value
At 31 December 2025 53,478 431,950 485,428
At 31 December 2024 53,478 385,830 439,308
If 0 had not been revalued, 0 would have been included at the following historical cost:
2025 2024
£ £
Cost 1,056,712 -
Accumulated depreciation 661,369 -
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