REGISTERED NUMBER: 15294957 (England and Wales)

Unaudited Financial Statements

For The Year Ended 31st March 2026

for

VPS (Yorkshire) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms M I Giannitrapani

R J Wilkinson

B Griffin

REGISTERED OFFICE:

4 Old Market Place

Ripon

North Yorkshire

HG4 1EQ

REGISTERED NUMBER:

15294957 (England and Wales)

ACCOUNTANTS:

F E Metcalfe & Co Limited

Chartered Accountants

4 Old Market Place

Ripon

North Yorkshire

HG4 1EQ

FIXED ASSETS

Tangible assets

4

169,844

235,129

CURRENT ASSETS

Debtors

5

365,403

706,254

Cash at bank

736,681

615,521

1,102,084

1,321,775

CREDITORS

Amounts falling due within one year

6

549,881

982,095

NET CURRENT ASSETS

552,203

339,680

TOTAL ASSETS LESS CURRENT LIABILITIES

722,047

574,809

PROVISIONS FOR LIABILITIES

7

42,399

55,300

NET ASSETS

679,648

519,509

CAPITAL AND RESERVES

Called up share capital

8

330

330

Retained earnings

679,318

519,179

679,648

519,509

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 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 26th August 2026 and were signed on its behalf by:

Ms M I Giannitrapani - Director

B Griffin - Director

R J Wilkinson - Director

1.	STATUTORY INFORMATION

VPS (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.

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 for the twelve months ended 31 March 2026 and the comparative period from incorporation on 20th November 2023 to 31 March 2025.

Turnover

Turnover from the provision of services is recognised when the service has been delivered and completed. This is usually at the date the invoice is raised.

Interest Receivable

Interest income is recognised using the effective interest method .

Tangible fixed assets

Tangible assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible assets, at rates calculated to write off the cost, less estimate residual value, of each asset on a systematic basis over its expected useful life as follows:

Plant and machinery - 20% on cost

Computer Equipment - 33% on reducing balance

Motor vehicles - 25% on cost

On 31st March 2024 the company acquired fixed assets at net book value of £311,894 from Vet Practise Support LLP as part of the Asset Purchase Agreement. The company has continued to depreciate the assets acquired over the remaining useful economic lives of these assets at 31 March 2024 as though they had originally been purchased by the company, rather than by the LLP, at their original acquisition date.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses

Impairment

Assets not measured at fair value are reviewed for any indication that he asset may be impaired at each balance sheet date.If such indication exists, the recoverable amount of each asset, ot the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in the profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Provisions

Provisions are recognised when the company has an obligation at the balance sheet dates as a result of a past event. It is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2025 - 19 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1st April 2025

247,244

127,494

4,646

379,384

Additions

34,475

-

5,694

40,169

Disposals

-

(38,152

)

-

(38,152

)

At 31st March 2026

281,719

89,342

10,340

381,401

DEPRECIATION

At 1st April 2025

78,521

63,463

2,271

144,255

Charge for year

75,093

11,998

2,148

89,239

Eliminated on disposal

-

(21,937

)

-

(21,937

)

At 31st March 2026

153,614

53,524

4,419

211,557

NET BOOK VALUE

At 31st March 2026

128,105

35,818

5,921

169,844

At 31st March 2025

168,723

64,031

2,375

235,129

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

301,973

273,363

Other debtors

5,500

229

Directors' current accounts

28,312

388,953

Prepayments

29,618

43,709

365,403

706,254

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Other loans

-

404,345

Trade creditors

23,496

5,407

Corporation Tax

234,835

276,931

Social security and other taxes

167,390

165,455

Other creditors

3,557

2,878

Directors' current accounts

46,869

-

Accrued expenses

73,734

127,079

549,881

982,095

7.	PROVISIONS FOR LIABILITIES

31.3.26

31.3.25

£

£

Deferred tax

42,399

55,300

Deferred tax

£

Balance at 1st April 2025

55,300

Reduction in excess of

accelerated capital allowances

(12,901

)

Balance at 31st March 2026

42,399

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Nominal

Number

Class

value

£

300

A Ordinary

£1

300

10

B Ordinary

£1

10

10

C Ordinary

£1

10

10

D Ordinary

£1

10

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.3.26

31.3.25

£

£

Ms M I Giannitrapani

Balance outstanding at start of year

126,974

-

Amounts advanced

46,916

167,821

Amounts repaid

(146,431

)

(40,847

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

27,459

126,974

B Griffin

Balance outstanding at start of year

101,404

-

Amounts advanced

85,157

168,704

Amounts repaid

(190,139

)

(67,300

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(3,578

)

101,404

R J Wilkinson

Balance outstanding at start of year

160,574

-

Amounts advanced

56,623

213,655

Amounts repaid

(260,488

)

(53,081

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(43,291

)

160,574

Interest is charged at the official HMRC rate and the loans are repayable on demand.