REGISTERED NUMBER: 06895469 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Axiom Yorkshire Limited

Page

Company Information

1

Chartered Accountants' Report

2

Statement of Financial Position

3

Notes to the Financial Statements

4

DIRECTORS:

J C Best

D J Shann

P Whitaker

SECRETARY:

D M Lush

REGISTERED OFFICE:

Middleton House

Westland Road

Leeds

LS11 5UH

REGISTERED NUMBER:

06895469 (England and Wales)

ACCOUNTANTS:

Ford Campbell Freedman Limited

Chartered accountants

2nd Floor

33 Park Place

Leeds

LS1 2RY

BANKERS:

Barclays Bank PLC

69 Albion Street

Leeds

LS1 5AA

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Axiom Yorkshire Limited for the year ended 31 October 2025 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Axiom Yorkshire Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Axiom Yorkshire Limited and state those matters that we have agreed to state to the Board of Directors of Axiom Yorkshire Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Axiom Yorkshire Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Axiom Yorkshire Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Axiom Yorkshire Limited. You consider that Axiom Yorkshire Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Axiom Yorkshire Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Ford Campbell Freedman Limited

Chartered accountants

2nd Floor

33 Park Place

Leeds

LS1 2RY

21 July 2026

CURRENT ASSETS

Stocks

19,399,806

18,404,450

Debtors

5

1,757,615

1,750,524

Cash at bank

20,413

45,985

21,177,834

20,200,959

CREDITORS

Amounts falling due within one year

6

21,391,254

20,409,438

NET CURRENT LIABILITIES

(213,420

)

(208,479

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(213,420

)

(208,479

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(213,520

)

(208,579

)

(213,420

)

(208,479

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 July 2026 and were signed on its behalf by:

D J Shann - Director

1.	GENERAL INFORMATION

Axiom Yorkshire 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared under the historical cost convention.

Going concern

At 31 October 2025 the company is in a position of net liabilities. The company is engaged in one major property development scheme and it is not uncommon to be in a net liability position early on in the development programme. The directors have prepared comprehensive forecasts and remain highly confident that the development,once finalised, will generate sufficient revenue and cash to settle all the company's liabilities.

The accounts have been prepared on the going concern basis which assumes that the company will continue in operational existence for the foreseeable future. This assumption is also based on continuing support of related parties. Such support has been maintained since the period end and will continue to be made available to the extent required to enable the company to meet its liabilities as and when they fall due during the course of the current year.

Accordingly, the directors believe that it is appropriate to prepare the accounts on a going concern basis.

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.

Work in progress

Work in progress is valued at the lower of cost and net realisable value. The company's principal activity is that of managing the development of land and property for onward sale at the appropriate time on behalf of clients. Cost includes fees associated with property development expenditure which are deemed to have enhanced value. The interest charged on loans which are funding the project is also deemed to be a directly attributable cost.

Consolidation

The company's ultimate parent undertaking is Axiom Yorkshire Holdings Limited.

4.	EMPLOYEES AND DIRECTORS

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

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

1,749,186

1,749,186

Other debtors

8,429

1,338

1,757,615

1,750,524

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

641,178

598,631

Other creditors

20,750,076

19,810,807

21,391,254

20,409,438

7.	RELATED PARTY DISCLOSURES

Amounts due from group companies

2025

2024

£

£

Amount due from related party at the balance sheet date

1,749,186

1,749,186

Amounts due by companies the directors have an interest in

During the year transactions to the value of £938,961 (2024: £992,315) were made.

2025

2024

£

£

Amount due to related party at the balance sheet date

19,797,368

18,862,947

Amounts included in trade creditors due to related companies

2025

2024

£

£

Amount due to related party at the balance sheet date

450,975

450,975

Amount due from group companies are interest free. All amounts are repayable on demand.

8.	CONTROLLING PARTY

There is no controlling party by virtue of shareholdings.