Yeo Group Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

1. General Information

Yeo Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03951437 . The registered office is Sea Front, 123 Undercliff Road West, Felixstowe, IP11 2AF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Food and Beverage Sales

Recognised at the point of sale, which is when the food and drinks are served to the customer in the restaurants or collected as a takeaway.

Gift Vouchers

Cash received from the sale of gift vouchers is initially recognised as a deferred revenue liability within "Other Creditors". Revenue is only recognised when the voucher is redeemed for goods.

Expired Vouchers

Unredeemed vouchers are recognised as revenue upon expiry, based on the terms and conditions provided to the customer.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	at varying rates on cost
Plant & Machinery	15% on cost
Fixtures & Fittings	15% on cost
Computer Equipment	25% on cost

2.4. Leasing and Hire Purchase Contracts

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

2.5. Stocks and Work in Progress

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

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Yeo Group Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.6. Financial Instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Company's statement of financial position when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset and the net amounts presented in the financial statements where there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Impairment of financial assets

Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date. Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected.If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss. If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

2.8. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

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Yeo Group Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.9. Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 85 (2025: 84)

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2025	1,295,142	385,198	575,831	30,684	2,286,855
Additions	-	10,650	24,916	3,000	38,566

As at 31 March 2026	1,295,142	395,848	600,747	33,684	2,325,421

Depreciation
As at 1 April 2025	1,071,887	378,695	540,613	29,005	2,020,200
Provided during the period	45,472	3,598	11,452	1,075	61,597

As at 31 March 2026	1,117,359	382,293	552,065	30,080	2,081,797

Net Book Value
As at 31 March 2026	177,783	13,555	48,682	3,604	243,624

As at 1 April 2025	223,255	6,503	35,218	1,679	266,655

5. Stocks

	2026	2025
	£	£
Stock	42,501	41,332

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	12,497	28,930
Other debtors	60,739	68,995

	73,236	97,925

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Yeo Group Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	168,536	142,299
Other creditors	267,953	226,153
Taxation and social security	267,384	285,501

	703,873	653,953

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	1,179	1,154

During the year, a Management Buy-Out (MBO) was completed. In conjunction with this event, all outstanding options under the company’s Enterprise Management Incentive (EMI) scheme were cancelled. A total of 1790 shares were issued, and the scheme has now been formally closed.

10. Ultimate Parent Undertaking and Controlling Party

The company's immediate and ultimate parent undertaking is YEO Group Holdings Limited . YEO Group Holdings Limited was incorporated in England and Wales. Copies of the group accounts may be obtained from the secretary, Sea Front, 123 Undercliff Road West, Felixstowe, IP11 2AF . The ultimate controlling party is Melissa Bloom who controls 100% of the shares of Yeo Group Limited .

On 27th March 2026, the company was acquired by YEO Group Holdings Limited , from it's previous shareholders as part of a management buyout.

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		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		243,624		266,655

			243,624		266,655
CURRENT ASSETS
Stocks	5	42,501		41,332
Debtors	6	73,236		97,925
Cash at bank and in hand		505,766		1,114,696

		621,503		1,253,953
Creditors: Amounts Falling Due Within One Year	7	(703,873 )		(653,953 )

NET CURRENT ASSETS (LIABILITIES)			(82,370 )		600,000

TOTAL ASSETS LESS CURRENT LIABILITIES			161,254		866,655

PROVISIONS FOR LIABILITIES
Deferred Taxation			(23,527 )		(23,712 )

NET ASSETS			137,727		842,943

CAPITAL AND RESERVES
Called up share capital	9		1,179		1,154
Share premium account			8,771		7,522
Profit and Loss Account			127,777		834,267

SHAREHOLDERS' FUNDS			137,727		842,943