REGISTERED NUMBER: 11563057 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st December 2024

for

YCP (Construction) 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:

11563057 (England and Wales)

FIXED ASSETS

Tangible assets

4

22,964

14,272

CURRENT ASSETS

Stocks

75,070

7,216

Debtors

5

1,833,091

1,642,283

Cash at bank and in hand

36,054

48,489

1,944,215

1,697,988

CREDITORS

Amounts falling due within one year

6

1,763,302

1,503,350

NET CURRENT ASSETS

180,913

194,638

TOTAL ASSETS LESS CURRENT LIABILITIES

203,877

208,910

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

203,875

208,908

SHAREHOLDERS' FUNDS

203,877

208,910

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

YCP (Construction) 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.

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 each asset over its estimated useful life.

Plant and machinery etc

-

25% Straight Line Basis

Stocks & work in progress

Stocks and work in progress are valued at the lower of cost and net realisable value.

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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st January 2024

17,289

Additions

13,000

At 31st December 2024

30,289

DEPRECIATION

At 1st January 2024

3,017

Charge for year

4,308

At 31st December 2024

7,325

NET BOOK VALUE

At 31st December 2024

22,964

At 31st December 2023

14,272

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

15,432

-

Amounts owed by related parties

1,574,923

1,608,207

Other debtors

242,736

34,076

1,833,091

1,642,283

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

1,245,828

981,422

Taxation and social security

79,040

78,660

Other creditors

438,434

443,268

1,763,302

1,503,350

7.	RELATED PARTY DISCLOSURES

During the year the company raised sales invoices of £7,041,731 (2023 - £9,827,245) to associated companies.

At 31 December 2024, the amounts owed from associated companies was £1,574,923 (2023 - £1,608,207).