Yorkshire Country Properties Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 10586788 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st December 2024

for

Yorkshire Country Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R H Butterfield

REGISTERED OFFICE:

Principle House

Tandem Industrial Estate

Waterloo

Huddersfield

HD5 0AL

REGISTERED NUMBER:

10586788 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

660

1,536

Investments

6

666

1,542

CURRENT ASSETS

Debtors

7

204,713

190,639

Cash at bank

72

621

204,785

191,260

CREDITORS

Amounts falling due within one year

8

202,449

192,462

NET CURRENT ASSETS/(LIABILITIES)

2,336

(1,202

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,002

340

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

3,000

338

SHAREHOLDERS' FUNDS

3,002

340

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 2nd September 2026 and were signed by:

R H Butterfield - Director

1.	STATUTORY INFORMATION

Yorkshire Country Properties 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 accounts have been prepared on a going concern basis. This assumption has been based on the continued support of the Directors.

Preparation of consolidated financial statements

The financial statements contain information about Yorkshire Country Properties Limited as an individual Company and do not contain consolidated financial information as the parent of a group. The Company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

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

Website development

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less amortisation.

Other intangible assets have been disposed of at the balance sheet date.

Tangible fixed assets

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

Plant and machinery etc

-

25% Straight Line Basis

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statements of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial instruments are recognised at amortised cost with changes recognised in the income statement.

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 the profit and loss account on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 1 ).

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1st January 2024

and 31st December 2024

1,780

AMORTISATION

At 1st January 2024

and 31st December 2024

1,780

NET BOOK VALUE

At 31st December 2024

-

At 31st December 2023

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st January 2024

and 31st December 2024

5,634

DEPRECIATION

At 1st January 2024

4,098

Charge for year

876

At 31st December 2024

4,974

NET BOOK VALUE

At 31st December 2024

660

At 31st December 2023

1,536

6.	FIXED ASSET INVESTMENTS

Interest

in joint

Other

venture

investments

Totals

£

COST

At 1st January 2024

and 31st December 2024

4

2

6

NET BOOK VALUE

At 31st December 2024

4

2

6

At 31st December 2023

4

2

6

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Amounts owed by joint ventures

190,141

179,087

Amounts owed by associates

12,699

10,579

Other debtors

1,873

973

204,713

190,639

The amounts owed by joint ventures and associates are interest free and receivable on demand.

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade creditors

316

Amounts owed to group undertakings

136,556

134,412

Amounts owed to joint ventures

61,449

53,449

Other creditors

4,128

4,285

202,449

192,462

The amounts owed to group undertakings and associates are interest free and repayable on demand.

9.	SECURED DEBTS

On 17 February 2021, a fixed charge was created by the company in respect of the borrowings by Yorkshire Country Properties (Shepley Phase 1) Limited in favour of Homes and Communities Agency (Trading as Homes England). The charge is in the form of a fixed charge over the shares of the company and the total loan outstanding in Yorkshire Country Properties (Shepley Phase 1) Limited at the year end was £Nil (2023 - £1,277,022).

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st December 2024 and 31st December 2023:

31.12.24

31.12.23

£

S P Brown

Balance outstanding at start of year

-

100,663

Amounts repaid

-

(100,000

)

Amounts written off

-

(663

)

Amounts waived

-

Balance outstanding at end of year

-

Interest was charged on the outstanding balance at the HMRC approved rate.

11.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

At 31 December 2024 balances of £141,391 (2023 - £136,217) were owed from associated companies.