Registration number: 02691602

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3
Notes to the Unaudited Financial Statements	4 to 10

Company Information

Director

Mr Neil Stephen Woodley

Registered office

5 Newtake Mount Twickenham Road Newtake NEWTON ABBOT Devon United Kingdom TQ12 4JD

Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Yorklands Limited
for the Year Ended 31 May 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Yorklands Limited for the year ended 31 May 2026 as set out on pages 3 to 10 from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Yorklands Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Yorklands Limited and state those matters that we have agreed to state to the Board of Directors of Yorklands Limited, as a body. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Yorklands Limited and its Board of Directors as a body for our work or for this report.

As you have acknowledged on the balance sheet as at year ended 31 May 2020 it is your duty to ensure that Yorklands Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Yorklands Limited. You consider that Yorklands Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Yorklands Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Abacus Business Management Limited
21 Castlewood Avenue
Highweek
NEWTON ABBOT
Devon
TQ12 1NX

19 October 2026

(Registration number: 02691602)
Balance Sheet as at 31 May 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	214,350	225,433
Current assets
Stocks	5	-	263
Debtors	6	93,164	89,441
Cash at bank and in hand		-	2,396
		93,164	92,100
Creditors: Amounts falling due within one year	7	(261,965)	(190,090)
Net current liabilities		(168,801)	(97,990)
Total assets less current liabilities		45,549	127,443
Creditors: Amounts falling due after more than one year	7	(65,622)	(102,686)
Net (liabilities)/assets		(20,073)	24,757
Capital and reserves
Called up share capital		100	100
Retained earnings		(20,173)	24,657
Shareholders' (deficit)/funds		(20,073)	24,757

For the financial year ending 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 19 October 2026
 

......................................... Mr Neil Stephen Woodley Director

Notes to the Unaudited Financial Statements for the year ended 31 May 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
5 Newtake Mount
Twickenham Road
Newtake
NEWTON ABBOT
Devon
TQ12 4JD
United Kingdom

These financial statements were authorised for issue by the director on 19 October 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis, with management having given due consideration to the company’s ability to continue as a going concern for at least the next twelve months.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of turnover can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Notes to the Unaudited Financial Statements for the year ended 31 May 2026

Depreciation method and rate for Tangible assets
Asset class	Depreciation method and rate
Plant and machinery	18% on written down value
Motor vehicles	18% on written down value

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Notes to the Unaudited Financial Statements for the year ended 31 May 2026

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

Since the company's Workplace Pension automatic enrolment staging date on 1st June 2016 the company has operated a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 6 (2025 - 6).

Notes to the Unaudited Financial Statements for the year ended 31 May 2026

4	Tangible assets

	Motor vehicles  £	Plant and equipment £	Total £
Cost or valuation
At 1 June 2025	481,443	12,171	493,614
Additions	36,038	-	36,038
Disposals	(1,200)	-	(1,200)
At 31 May 2026	516,281	12,171	528,452
Depreciation
At 1 June 2025	257,385	10,796	268,181
Charge for the year	46,739	247	46,986
Eliminated on disposal	(1,065)	-	(1,065)
At 31 May 2026	303,059	11,043	314,102
Carrying amount
At 31 May 2026	213,222	1,128	214,350
At 31 May 2025	224,058	1,375	225,433

5

Stocks

	2026 £	2025 £
Work in progress	-	263

6

Debtors

Current	2026 £	2025 £
Trade debtors	72,468	79,497
Prepayments	20,696	9,944
	93,164	89,441

Notes to the Unaudited Financial Statements for the year ended 31 May 2026

7

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Bank loans and overdrafts	9	73,488	72,409
Trade creditors		14,744	24,558
Taxation and social security		26,317	35,406
Accruals and deferred income		3,030	2,930
Amounts due to related parties		144,386	54,787
		261,965	190,090

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £47,706 (2025 - £61,761).

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	9	65,622	102,686

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £48,060 (2025 - £72,877).

8	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary GBP £1 of £1 each	100	100	100	100

Notes to the Unaudited Financial Statements for the year ended 31 May 2026

9	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Other borrowings	65,622	102,686

Current loans and borrowings

	2026 £	2025 £
Bank overdrafts	12,869	-
Other borrowings	60,619	72,409
	73,488	72,409

10	Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

	2026 £	2025 £
Not later than one year	14,957	-
Later than one year and not later than five years	43,519	-
	58,476	-

The amount of non-cancellable operating lease payments recognised as an expense during the year was £1,362 (2025 - £Nil).

Notes to the Unaudited Financial Statements for the year ended 31 May 2026

11

Dividends

		2026		2025
		£		£
Final dividend of £100.00 (2025 - £100.00) per ordinary share		10,000		10,000
Interim dividend of £Nil (2025 - £277.00) per ordinary share		-		27,700
		10,000		37,700

The director is recommending a final dividend of £Nil (2025 - £100.00) per share totalling £Nil (2025 - £10,000.00). This dividend has not been accrued in the balance sheet.

12	Related party transactions

Director's remuneration

The director's remuneration for the year was as follows:

	2026 £	2025 £
Remuneration	12,979	12,570
Contributions paid to money purchase schemes	10,250	6,500
	23,229	19,070