Yellobelly Design and Marketing Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08076309 (England and Wales)

Yellobelly Design and Marketing Limited

Unaudited Financial Statements

for the year ended

31 March 2026

Page

Balance Sheet

1

to

2

Notes to the Financial Statements

3

to

6

FIXED ASSETS

Intangible assets

5

-

Tangible assets

6

27,667

32,954

27,667

32,954

CURRENT ASSETS

Stocks

3,000

-

Debtors

7

142,535

196,261

Cash at bank

107,270

98,276

252,805

294,537

CREDITORS

Amounts falling due within one year

8

(41,548

)

(82,222

)

NET CURRENT ASSETS

211,257

212,315

TOTAL ASSETS LESS CURRENT LIABILITIES

238,924

245,269

CREDITORS

Amounts falling due after more than one
year

9

-

(2,499

)

PROVISIONS FOR LIABILITIES

(6,917

)

(8,242

)

NET ASSETS

232,007

234,528

CAPITAL AND RESERVES

Called up share capital

200

Retained earnings

231,807

234,328

SHAREHOLDERS' FUNDS

232,007

234,528

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 3 September 2026 and were signed on its behalf by:

Ms M R Graham - Director

P J Hilton - Director

1.	STATUTORY INFORMATION

Yellobelly Design and Marketing Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

08076309

Registered office:

8 Hopper Way

Diss

Norfolk

IP22 4GT

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 preparing the financial statements

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

10% straight line

Fixtures and fittings

-

15% reducing balance

Computer equipment

-

33% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 5 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

15,000

AMORTISATION

At 1 April 2025

and 31 March 2026

15,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

6.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

COST

At 1 April 2025

3,486

40,882

32,965

77,333

Additions

-

233

1,548

1,781

At 31 March 2026

3,486

41,115

34,513

79,114

DEPRECIATION

At 1 April 2025

3,486

18,974

21,919

44,379

Charge for year

-

3,295

3,773

7,068

At 31 March 2026

3,486

22,269

25,692

51,447

NET BOOK VALUE

At 31 March 2026

-

18,846

8,821

27,667

At 31 March 2025

-

21,908

11,046

32,954

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

18,612

70,592

Other debtors

123,923

125,669

142,535

196,261

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

2,393

3,930

Trade creditors

83

3,870

Taxation and social security

37,529

56,983

Other creditors

1,543

17,439

41,548

82,222

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

Bank loans

-

2,499

10.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

Within one year

-

12,825

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

Ms M R Graham

Balance outstanding at start of year

44,356

Amounts advanced

1,923

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

46,279

44,356

P J Hilton

Balance outstanding at start of year

45,962

45,589

Amounts advanced

666

373

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

46,628

45,962

The company has charged the directors interest at the official rate on all advances.