REGISTERED NUMBER: 13241773 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st December 2024

for

Yorkshire Country Properties Holdings

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R H Butterfield

G R Butterfield

REGISTERED OFFICE:

Principle House

Tandem Industrial Estate

Waterloo

Huddersfield

HD5 0AL

REGISTERED NUMBER:

13241773 (England and Wales)

FIXED ASSETS

Intangible assets

4

246,982

238,594

Tangible assets

5

18,760

2,651

Investments

6

7

7

265,749

241,252

CURRENT ASSETS

Debtors

7

11,313,020

14,708,666

Cash at bank

-

764

11,313,020

14,709,430

CREDITORS

Amounts falling due within one year

8

5,758,523

505,822

NET CURRENT ASSETS

5,554,497

14,203,608

TOTAL ASSETS LESS CURRENT LIABILITIES

5,820,246

14,444,860

CREDITORS

Amounts falling due after more than one year

9

7,750,000

14,928,696

NET LIABILITIES

(1,929,754

)

(483,836

)

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

(1,929,758

)

(483,840

)

SHAREHOLDERS' FUNDS

(1,929,754

)

(483,836

)

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 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 2nd September 2026 and were signed on its behalf by:

G R Butterfield - Director

1.	STATUTORY INFORMATION

Yorkshire Country Properties Holdings 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.

Preparation of consolidated financial statements

The financial statements contain information about Yorkshire Country Properties Holdings 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.

Intangible assets

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

- Straight line over 10 years

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.

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.

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.

Borrowing costs

All borrowing costs are recognised in the profit and loss in the year in which they are incurred. Interest expense is calculated using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2023 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1st January 2024

252,494

Additions

117,091

Disposals

(80,994

)

At 31st December 2024

288,591

AMORTISATION

At 1st January 2024

13,900

Charge for year

27,709

At 31st December 2024

41,609

NET BOOK VALUE

At 31st December 2024

246,982

At 31st December 2023

238,594

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st January 2024

3,023

Additions

16,667

At 31st December 2024

19,690

DEPRECIATION

At 1st January 2024

372

Charge for year

558

At 31st December 2024

930

NET BOOK VALUE

At 31st December 2024

18,760

At 31st December 2023

2,651

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1st January 2024

and 31st December 2024

7

NET BOOK VALUE

At 31st December 2024

7

At 31st December 2023

7

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Amounts owed by group undertakings

7,554,109

11,389,439

Amounts owed by associates

3,696,634

2,996,471

Other debtors

62,277

322,756

11,313,020

14,708,666

The amounts due from group undertakings are interest free and repayable on demand.

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

757,371

-

Trade creditors

127,882

64,791

Amounts owed to joint ventures

4,555,937

179,085

Taxation and social security

290,969

67,253

Other creditors

26,364

194,693

5,758,523

505,822

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Amounts owed to joint ventures

7,750,000

14,928,696

10.	SECURED DEBTS

On 25 November 2021, a fixed charge was created by the company in respect of the borrowings by Yorkshire Country Properties (Skelmanthorpe) 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 (Skelmanthorpe) Limited at the year end was £1,804,286 (2023 - £3,448,540).

On 18 February 2022, a fixed charge was created by the company in respect of the borrowings by Yorkshire Country Properties (Denby Dale) Limited in favour of Paragon Development Finance Limited. 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 (Denby Dale) Limited at the year end was £3,038,044 (2023 - £4,121,857).

On 18 March 2022, a fixed charge was created by the company in respect of the borrowings by Yorkshire Country Properties (Shepley) Limited in favour of Paragon Development Finance Limited. 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) Limited at the year end was £Nil (2023 - £3,126,732).

All the above charges were satisfied on 19 January 2026.

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 £3,696,634 (2023 - £2,996,471) and (£12,305,937) (2023 - (£15,107,781)) were owed from/(to) associated companies.