Yolcote Property Management Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 15931136

Yolcote Property Management Limited

Filleted Unaudited Financial Statements

30 September 2025

Yolcote Property Management Limited

Statement of Financial Position

30 September 2025

	30 Sep 25
Note	£

Fixed assets

Tangible assets	4	83,351

Current assets

Cash at bank and in hand	2,839

Creditors: amounts falling due within one year	5	49,142
		--------
Net current liabilities		46,303
		--------
Total assets less current liabilities		37,048

Creditors: amounts falling due after more than one year	6	52,259
		--------
Net liabilities		( 15,211)
		--------

Capital and reserves

Profit and loss account	( 15,211)
	--------
Shareholders deficit	( 15,211)
	--------

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 income and retained earnings has not been delivered.

For the period ending 30th September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have 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 .

Yolcote Property Management Limited

Statement of Financial Position (continued)

30 September 2025

These financial statements were approved by the board of directors and authorised for issue on 9 July 2026 , and are signed on behalf of the board by:

Mr P Cottle	Mr J G Donnison
Director	Director

Mr G R Wales	Mrs S J Wales
Director	Director

Company registration number: 15931136

Yolcote Property Management Limited

Notes to the Financial Statements

Period from 2nd September 2024 to 30th September 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 136 Picktree Lodge, Chester le Street, Co Durham, DH3 4DL.

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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

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 that the company is expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

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.

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. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

4. Tangible assets

	Freehold property
	£
Cost
At 2nd September 2024	–
Additions	83,351
	--------
At 30th September 2025	83,351
	--------
Depreciation
At 2nd September 2024 and 30th September 2025	–
	--------
Carrying amount
At 30th September 2025	83,351
	--------

5. Creditors: amounts falling due within one year

	30 Sep 25
	£
Bank loans and overdrafts	4,842
Other creditors	44,300
	--------
	49,142
	--------

6. Creditors: amounts falling due after more than one year

	30 Sep 25
	£
Bank loans and overdrafts	52,259
	--------

7. Directors' advances, credits and guarantees

During the period the directors entered into the following advances and credits with the company:

	30 Sep 25
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
Mr P Cottle	–	( 11,000)	( 11,000)
Mr J G Donnison	–	( 11,000)	( 11,000)
Mr G R Wales	–	( 11,000)	( 11,000)
Mrs S J Wales	–	( 11,000)	( 11,000)
	----	--------	--------
	–	( 44,000)	( 44,000)
	----	--------	--------