| REGISTERED NUMBER: |
| Yorkshire Coast Workshops Limited |
| Unaudited Financial Statements |
| For The Year Ended 31 March 2026 |
| REGISTERED NUMBER: |
| Yorkshire Coast Workshops Limited |
| Unaudited Financial Statements |
| For The Year Ended 31 March 2026 |
| Yorkshire Coast Workshops Limited (Registered number: 02343577) |
| Contents of the Financial Statements |
| For The Year Ended 31 March 2026 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Yorkshire Coast Workshops Limited |
| Company Information |
| For The Year Ended 31 March 2026 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| George Stanley House |
| 2 West Parade Road |
| Scarborough |
| North Yorkshire |
| YO12 5ED |
| Yorkshire Coast Workshops Limited (Registered number: 02343577) |
| Balance Sheet |
| 31 March 2026 |
| 2026 | 2025 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| Investment property | 6 |
| CURRENT ASSETS |
| Debtors | 7 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
9 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 10 |
| Capital redemption reserve |
| Fair value reserve | ( |
) | ( |
) |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| Yorkshire Coast Workshops Limited (Registered number: 02343577) |
| Balance Sheet - continued |
| 31 March 2026 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Yorkshire Coast Workshops Limited (Registered number: 02343577) |
| Notes to the Financial Statements |
| For The Year Ended 31 March 2026 |
| 1. | STATUTORY INFORMATION |
| Yorkshire Coast Workshops Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents rents and service charges receivable on investment properties, excluding value added tax. |
| Tangible fixed assets |
| Leasehold improvements | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Investments in associates |
| Investments in associate undertakings are recognised at cost. |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
| 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. |
| Yorkshire Coast Workshops Limited (Registered number: 02343577) |
| Notes to the Financial Statements - continued |
| For The Year Ended 31 March 2026 |
| 2. | ACCOUNTING POLICIES - continued |
| 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 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Leasehold | and | Motor |
| improvements | fittings | vehicles | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 April 2025 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 31 March 2026 |
| DEPRECIATION |
| At 1 April 2025 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 31 March 2026 |
| NET BOOK VALUE |
| At 31 March 2026 |
| At 31 March 2025 |
| 5. | FIXED ASSET INVESTMENTS |
| Interest |
| in |
| associate |
| £ |
| COST |
| At 1 April 2025 |
| and 31 March 2026 |
| NET BOOK VALUE |
| At 31 March 2026 |
| At 31 March 2025 |
| Yorkshire Coast Workshops Limited (Registered number: 02343577) |
| Notes to the Financial Statements - continued |
| For The Year Ended 31 March 2026 |
| 6. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1 April 2025 |
| Additions |
| At 31 March 2026 |
| NET BOOK VALUE |
| At 31 March 2026 |
| At 31 March 2025 |
| Fair value at 31 March 2026 is represented by: |
| £ |
| Valuation in 2009 | 159,416 |
| Valuation in 2018 | (508,175 | ) |
| Valuation in 2020 | (61,376 | ) |
| Valuation in 2021 | 100,000 |
| Valuation in 2024 | (90,000 | ) |
| Valuation in 2025 | 15,000 |
| Cost | 1,999,607 |
| 1,614,472 |
| If freehold investment properties had not been revalued they would have been included at the following historical cost: |
| 2026 | 2025 |
| £ | £ |
| Cost | 1,999,607 | 1,785,135 |
| Freehold investment properties were valued on a fair value basis on 31 March 2026 by the directors . |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2026 | 2025 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Prepayments |
| Accrued income | 7,817 | 11,239 |
| Yorkshire Coast Workshops Limited (Registered number: 02343577) |
| Notes to the Financial Statements - continued |
| For The Year Ended 31 March 2026 |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2026 | 2025 |
| £ | £ |
| Trade creditors |
| Corporation tax |
| Social security and other taxes |
| Other creditors |
| Amounts received in advance | 6,195 | 1,591 |
| Accrued expenses |
| 9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2026 | 2025 |
| £ | £ |
| Amounts owed to group undertakings |
| 10. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2026 | 2025 |
| value: | £ | £ |
| 'A' Foundation Shares | £1 | 1 | 1 |
| 'B' Employee Shares | £1 | 3 | 3 |
| 4 | 4 |
| Allotted and issued: |
| Number: | Class: | Nominal | 2026 | 2025 |
| value: | £ | £ |
| NIL | 'B' Employee Shares | £5 | - | - |
| 11. | ULTIMATE CONTROLLING PARTY |
| The company is a subsidiary of Yorkshire in Business Ltd, which owns 100% of the share capital with voting rights. The company registration number of Yorkshire in Business Ltd is 01982116 and its registered office is at Cayley Court, Hopper Hill Road, Eastfield, Scarborough, North Yorkshire, YO11 3YJ. |