REGISTERED NUMBER: 02694988 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Duro Yokota Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S J Devonshire

Mr P R Morewood

REGISTERED OFFICE:

Unit F

Old Colliery Way

Sheffield

S20 1DJ

REGISTERED NUMBER:

02694988 (England and Wales)

ACCOUNTANTS:

Sutton McGrath Hartley Limited

5 Westbrook Court

Sharrowvale Road

Sheffield

S11 8YZ

FIXED ASSETS

Tangible assets

4

355,828

400,688

Investments

5

105,968

134,432

461,796

535,120

CURRENT ASSETS

Stocks

1,947,445

1,924,980

Debtors

6

2,679,609

2,699,782

Cash at bank and in hand

58,661

48,605

4,685,715

4,673,367

CREDITORS

Amounts falling due within one year

7

980,820

1,361,460

NET CURRENT ASSETS

3,704,895

3,311,907

TOTAL ASSETS LESS CURRENT LIABILITIES

4,166,691

3,847,027

CREDITORS

Amounts falling due after more than one year

8

-

(4,602

)

PROVISIONS FOR LIABILITIES

(65,802

)

(76,613

)

NET ASSETS

4,100,889

3,765,812

CAPITAL AND RESERVES

Called up share capital

70,015

70,015

Retained earnings

4,030,874

3,695,797

4,100,889

3,765,812

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 1 July 2026 and were signed on its behalf by:

Mr P R Morewood - Director

1.	STATUTORY INFORMATION

Duro Yokota 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.

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.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

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

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.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2025 - 24 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2025

100,672

35,366

425,536

Additions

-

-

-

Disposals

-

-

-

At 31 March 2026

100,672

35,366

425,536

DEPRECIATION

At 1 April 2025

6,040

18,767

285,750

Charge for year

2,014

3,320

27,167

Eliminated on disposal

-

-

-

At 31 March 2026

8,054

22,087

312,917

NET BOOK VALUE

At 31 March 2026

92,618

13,279

112,619

At 31 March 2025

94,632

16,599

139,786

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2025

55,170

340,823

957,567

Additions

12,990

13,528

26,518

Disposals

(31,995

)

-

(31,995

)

At 31 March 2026

36,165

354,351

952,090

DEPRECIATION

At 1 April 2025

24,561

221,761

556,879

Charge for year

7,121

18,321

57,943

Eliminated on disposal

(18,560

)

-

(18,560

)

At 31 March 2026

13,122

240,082

596,262

NET BOOK VALUE

At 31 March 2026

23,043

114,269

355,828

At 31 March 2025

30,609

119,062

400,688

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2025

and 31 March 2026

284,646

PROVISIONS

At 1 April 2025

150,214

Provision for year

28,464

At 31 March 2026

178,678

NET BOOK VALUE

At 31 March 2026

105,968

At 31 March 2025

134,432

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

1,144,808

1,175,423

Amounts owed by group undertakings

1,470,560

1,470,375

Other debtors

64,241

53,984

2,679,609

2,699,782

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts (see note 9)

4,602

7,579

Trade creditors

339,458

266,547

Taxation and social security

465,348

393,426

Other creditors

171,412

693,908

980,820

1,361,460

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts (see note 9)

-

4,602

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2026

2025

£

£

Net obligations repayable:

Within one year

4,602

7,579

Between one and five years

-

4,602

4,602

12,181

Non-cancellable

operating leases

2026

2025

£

£

Within one year

188,656

188,656

Between one and five years

754,624

754,624

In more than five years

94,328

282,984

1,037,608

1,226,264