COMPANY REGISTRATION NUMBER:
16013304
|
YELLOW BRICK ROAD NEWARK LTD |
|
|
FILLETED UNAUDITED FINANCIAL STATEMENTS |
|
|
YELLOW BRICK ROAD NEWARK LTD |
|
|
STATEMENT OF FINANCIAL POSITION |
|
31 December 2025
Fixed assets
Current assets
|
Debtors |
6 |
10,684 |
|
Cash at bank and in hand |
146,096 |
|
--------- |
|
156,780 |
|
|
|
|
Creditors: amounts falling due within one year |
7 |
(
123,130) |
|
--------- |
|
Net current assets |
33,650 |
|
-------- |
|
Total assets less current liabilities |
47,671 |
|
|
|
|
Provisions |
(
3,505) |
|
-------- |
|
Net assets |
44,166 |
|
-------- |
|
|
Capital and reserves
|
Called up share capital |
1 |
|
Profit and loss account |
44,165 |
|
-------- |
|
Shareholder funds |
44,166 |
|
-------- |
|
|
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period 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 member has not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
|
YELLOW BRICK ROAD NEWARK LTD |
|
|
STATEMENT OF FINANCIAL POSITION (continued) |
|
31 December 2025
These financial statements were approved by the
board of directors
and authorised for issue on
26 June 2026
, and are signed on behalf of the board by:
Company registration number:
16013304
|
YELLOW BRICK ROAD NEWARK LTD |
|
|
NOTES TO THE FINANCIAL STATEMENTS |
|
PERIOD FROM 11 OCTOBER 2024 TO 31 DECEMBER 2025
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 29 Beacon Hill Road, Newark, Nottinghamshire, NG24 2JH.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis and in in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The actual outcome may diverge from these estimates if other assumptions are made, or other conditions arise. No significant judgements or estimates have been made by management in the process of applying the entity's accounting policies that would have a significant effect on the amounts recognised in the financial statements.
Revenue recognition Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all material timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
|
Plant and machinery |
- |
25% straight line |
|
|
|
|
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
Financial instruments
The company only holds basic financial instruments as defined in FRS 102. The financial assets and financial liabilities of the company and their measurement basis are as follows: Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost. Financial liabilities - trade creditors and other creditors are financial instruments, and are measured at amortised cost. Taxation and social security are not included in the financial instruments disclosure definition.
4.
Employee numbers
The average number of persons employed by the company during the period amounted to
12
.
5.
Tangible assets
|
Plant and machinery |
|
£ |
|
Cost |
|
|
At 11 October 2024 |
– |
|
Additions |
14,595 |
|
-------- |
|
At 31 December 2025 |
14,595 |
|
-------- |
|
Depreciation |
|
|
At 11 October 2024 |
– |
|
Charge for the period |
574 |
|
-------- |
|
At 31 December 2025 |
574 |
|
-------- |
|
Carrying amount |
|
|
At 31 December 2025 |
14,021 |
|
-------- |
|
|
6.
Debtors
|
31 Dec 25 |
|
£ |
|
Trade debtors |
1,836 |
|
Other debtors |
8,848 |
|
-------- |
|
10,684 |
|
-------- |
|
|
7.
Creditors:
amounts falling due within one year
|
31 Dec 25 |
|
£ |
|
Trade creditors |
5,517 |
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
104,553 |
|
Social security and other taxes |
3,767 |
|
Other creditors |
9,293 |
|
--------- |
|
123,130 |
|
--------- |
|
|
8.
Directors' advances, credits and guarantees
No interest is charged on the directors loans and there is no set date for repayment.
9.
Related party transactions
No transactions with related parties were undertaken such as are required to be disclosed under FRS 102 (Section 1A).
10.
Controlling party
The company is a wholly owned subsidiary of
Yellow Brick Road Holdings Ltd.
The group is under the control of the Directors
.