REGISTERED NUMBER: 03298877 (England and Wales)

Financial Statements for the Year Ended 31 December 2025

for

Yorkshire Financial Management Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C Salkeld

D Salkeld

SECRETARY:

C Salkeld

REGISTERED OFFICE:

Millstones

Linton Hills Road

Linton

Wetherby

North Yorkshire

LS22 4HQ

REGISTERED NUMBER:

03298877 (England and Wales)

ACCOUNTANTS:

Richard Smedley Limited

Chartered Accountants & Registered Auditors

Richmond House

Lawnswood Business Park

Redvers Close

Leeds

West Yorkshire

LS16 6QY

FIXED ASSETS

Tangible assets

4

178,185

112,258

CURRENT ASSETS

Debtors

5

90,950

78,742

Cash at bank

51,421

112,128

142,371

190,870

CREDITORS

Amounts falling due within one year

6

100,563

128,113

NET CURRENT ASSETS

41,808

62,757

TOTAL ASSETS LESS CURRENT LIABILITIES

219,993

175,015

CREDITORS

Amounts falling due after more than one year

7

(143,849

)

(77,234

)

PROVISIONS FOR LIABILITIES

(44,546

)

(28,065

)

NET ASSETS

31,598

69,716

CAPITAL AND RESERVES

Called up share capital

30,000

30,000

Retained earnings

1,598

39,716

SHAREHOLDERS' FUNDS

31,598

69,716

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 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 1 October 2026 and were signed on its behalf by:

C Salkeld - Director

1.	STATUTORY INFORMATION

Yorkshire Financial Management 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.

Turnover

Turnover represents amounts net of VAT chargeable to clients for professional services provided during the year excluding recoverable expenses on client assignments which are treated as disbursements.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Office equipment, fixtures and computers

-

Straight line over 3 years

Motor vehicles

-

25% on reducing balance

Financial instruments

Basic financial instruments are recognised at amortised cost.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates defined contribution pension schemes. Contributions payable to the company's pension schemes are charged to profit and loss in the period in which they are defrayed.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Office

equipment,

fixtures

and

Motor

computers

vehicles

Totals

£

£

£

COST

At 1 January 2025

44,313

105,112

149,425

Additions

2,550

103,055

105,605

At 31 December 2025

46,863

208,167

255,030

DEPRECIATION

At 1 January 2025

37,167

-

37,167

Charge for year

6,959

32,719

39,678

At 31 December 2025

44,126

32,719

76,845

NET BOOK VALUE

At 31 December 2025

2,737

175,448

178,185

At 31 December 2024

7,146

105,112

112,258

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 January 2025

105,112

Additions

103,055

At 31 December 2025

208,167

DEPRECIATION

Charge for year

32,719

At 31 December 2025

32,719

NET BOOK VALUE

At 31 December 2025

175,448

At 31 December 2024

105,112

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

58,030

71,618

Other debtors

32,920

7,124

90,950

78,742

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts

24,591

12,879

Trade creditors

-

1,536

Taxation and social security

72,930

91,136

Other creditors

3,042

22,562

100,563

128,113

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts

143,849

77,234

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

£

C Salkeld and D Salkeld

Balance outstanding at start of year

-

-

Amounts advanced

35,490

-

Amounts repaid

(4,261

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

31,229

-