REGISTERED NUMBER: 14258543 (England and Wales)

AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

YARPOLE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D G Summerfield

Mrs H E A N Summerfield

REGISTERED OFFICE:

Ashley Moor Hall

Orleton

Ludlow

Shropshire

SY8 4JJ

REGISTERED NUMBER:

14258543 (England and Wales)

AUDITORS:

D.R.E. & Co. (Audit) Limited

7 Lower Brook Street

Oswestry

Shropshire

SY11 2HG

FIXED ASSETS

Investments

4

1,944,196

2,044,191

CURRENT ASSETS

Debtors

5

20,223,366

16,797,156

Cash at bank

1,829,568

3,354,355

22,052,934

20,151,511

CREDITORS

Amounts falling due within one year

6

486,103

66,936

NET CURRENT ASSETS

21,566,831

20,084,575

TOTAL ASSETS LESS CURRENT LIABILITIES

23,511,027

22,128,766

CREDITORS

Amounts falling due after more than one year

7

5,895,479

4,926,339

NET ASSETS

17,615,548

17,202,427

CAPITAL AND RESERVES

Called up share capital

8

16,081,487

16,081,487

Retained earnings

1,534,061

1,120,940

SHAREHOLDERS' FUNDS

17,615,548

17,202,427

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 Board of Directors and authorised for issue on 13 May 2026 and were signed on its behalf by:

D G Summerfield - Director

1.	STATUTORY INFORMATION

Yarpole Limited 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.	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 historical cost convention.

The accounts are for the individual entity only.

The financial statements are presented in sterling (£), rounded to the nearest £1.

Significant judgements and estimates

The significant judgements and sources of key accounting estimates that have been applied in the preparation of these financial statements are set out below. These have been deemed appropriate and consistently applied to all the years presented.

Judgements

Provision against monies due to the company is considered at the end of the financial period.

Foreign income and costs policy

Loan interest receivable is recognised using the simple interest rate method.

Turnover

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 tax

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 have been enacted or substantively enacted by the year end 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 probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Investments

Investments in listed shares are shown in the balance sheet at market value. Realised and unrealised investment gains and losses are recognised in the profit and loss account in the period in which they occur.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid

investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of

change in value.

Financial instruments

Recognition and measurement

Basic financial assets and liabilities are initially recognised at transaction price and are subsequently carried at amortised cost using the effective interest method.

Effective interest rate method

This is the rate that discounts estimated future cash receipts (including all fees that form an integral part of the effective interest rate, transaction costs or other premiums or discounts) through the expected life of the

instrument, or (where appropriate) a shorter period, to the net carrying amount of initial recognition.

Impairment

At the end of each financial period, financial assets are assessed for objective measurement of impairment and any impairment loss is recognised in the profit and loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

31.12.25

31.12.24

£

£

Cost brought forward

2,044,191

2,044,191

Disposals

(99,995

)

-

1,944,196

2,044,191

5.

DEBTORS

31.12.25

31.12.24

£

£

Amounts falling due within one year:

Prepayments and accrued income

66,096

53,861

Amounts falling due after more than one year:

Trade debtors

20,157,270

16,743,295

Aggregate amounts

20,223,366

16,797,156

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Tax

152,977

13,810

Directors' current accounts

327,126

47,126

Accruals and deferred income

6,000

6,000

486,103

66,936

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Other loans - 2-5 years

5,895,479

4,926,339

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

16,081,487

Ordinary

£1

16,081,487

16,081,487

The company was incorporated with 1 ordinary £1 share.

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Aled Davies FCCA (Senior Statutory Auditor)

for and on behalf of D.R.E. & Co. (Audit) Limited

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

£

D G Summerfield

Balance outstanding at start of year

47,126

47,126

Amounts advanced

290,000

-

Amounts repaid

(10,000

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

327,126

47,126

No interest is being charged on this balance.

11.	RELATED PARTY DISCLOSURES

During the year, the company provided loans of £2,000, £530,760 and £1,761,031 to Kidwelly Causeway Ltd, Global House Droitwich Ltd and Clun Limited respectively, all companies in which D Summerfield is also a director. The balance owing from related companies total £3,161,031 (2024: £897,560).

During the year, the company received loans of £501,000 and £920,700 from Tuscantime Ltd and Western Life Limited respectively, all companies in which D Summerfield is also a director. The balance owing to related companies total £5,895,479 (2024: £4,910,636).

The balance owning from and to related companies is included in trade creditors and trade debtors.

12.	POST BALANCE SHEET EVENTS

On 23rd March 2026 the company alloted further shares of 1.5m for a consideration of £1,500,000.

13.	ULTIMATE CONTROLLING PARTY