REGISTERED NUMBER: 01127955 (England and Wales)

YCR DISTRIBUTION LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J T Hall

P Hall

K Earnshaw

SECRETARY:

K Earnshaw

REGISTERED OFFICE:

Shaw Cross Court

Shaw Cross Business Park

Dewsbury

West Yorkshire

WF12 7RF

REGISTERED NUMBER:

01127955 (England and Wales)

ACCOUNTANTS:

UHY BPR Heaton

Chartered Accountants

Glenewes House

Gate Way Drive

Leeds

West Yorkshire

LS19 7XY

FIXED ASSETS

Tangible assets

4

116,575

13,411

CURRENT ASSETS

Stocks

962,577

1,280,260

Debtors

5

749,745

666,865

Cash at bank and in hand

537,457

329,221

2,249,779

2,276,346

CREDITORS

Amounts falling due within one year

6

(434,532

)

(444,594

)

NET CURRENT ASSETS

1,815,247

1,831,752

TOTAL ASSETS LESS CURRENT LIABILITIES

1,931,822

1,845,163

CREDITORS

Amounts falling due after more than one year

7

(62,634

)

(87,500

)

PROVISIONS FOR LIABILITIES

(28,384

)

(2,273

)

NET ASSETS

1,840,804

1,755,390

CAPITAL AND RESERVES

Called up share capital

50,000

50,000

Retained earnings

1,790,804

1,705,390

SHAREHOLDERS' FUNDS

1,840,804

1,755,390

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 7 September 2026 and were signed on its behalf by:

J T Hall - Director

1.	STATUTORY INFORMATION

YCR Distribution 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

The financial statements are presented in sterling which is the functional currency of the company rounded to the nearest pound.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Short leasehold

-

2% to 25% on cost or reducing balance

Fixtures and fittings

-

33% on cost and 20% on cost

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instrument.

Financial assets and liabilities are initially measured at transaction price, except for those financial assets classified as at fair value through profit or loss.

Basic financial instruments

Basic financial instruments are those with relatively straight forward terms and would normally include cash, bank balances, trade debtors, trade creditors and uncomplicated bank loans.

Where the arrangement does not constitute a financing transaction, e.g. trade debtors on normal commercial terms, the debtor will be valued initially at transaction price (i.e. cost) and subsequently at transaction price less impairment (if any) due to concerns over recoverability.

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.

Foreign currencies

Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Trade debtors under invoice discounting arrangement

The company utilises an invoice discounting agreement in respect of trade debtors. The terms of the arrangement are such that the company is obliged to support any losses made by the factor. Therefore separate presentation of trade debtors and the related advances has been adopted.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2025

65,463

105,856

171,319

Additions

-

124,471

124,471

At 31 December 2025

65,463

230,327

295,790

DEPRECIATION

At 1 January 2025

61,144

96,764

157,908

Charge for year

1,280

20,027

21,307

At 31 December 2025

62,424

116,791

179,215

NET BOOK VALUE

At 31 December 2025

3,039

113,536

116,575

At 31 December 2024

4,319

9,092

13,411

As at 31 December 2025 the net book value of motor vehicles held under hire purchase agreements totalled £73,381 (2024 : £nil).

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

705,077

620,289

Other debtors

44,668

46,576

749,745

666,865

Trade debtors amounting to £676,905 (2024: £688,805) are subject to an invoice finance arrangement.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

70,000

Hire purchase contracts (see note 8)

10,231

-

Trade creditors

98,915

153,817

Taxation and social security

218,456

146,130

Other creditors

106,930

74,647

434,532

444,594

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

87,500

Hire purchase contracts (see note 8)

62,634

-

62,634

87,500

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

10,231

-

Between one and five years

62,634

-

72,865

-

Non-cancellable

operating leases

2025

2024

£

£

Within one year

95,000

95,000

Between one and five years

380,000

380,000

In more than five years

232,180

327,180

707,180

802,180

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

72,865

-

The following security is held ultimately by HSBC Bank Plc:

A Fixed Charge over all book and other debts, goodwill, uncalled capital, contract monies and intellectual property rights, and a First Floating Charge over all assets of the Company.