Yorkshire Securities Limited - Limited company - abbreviated - 11.6
Yorkshire Securities Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 28 FEBRUARY 2014 |
| FOR |
| YORKSHIRE SECURITIES LIMITED |
| YORKSHIRE SECURITIES LIMITED (REGISTERED NUMBER: 02768575) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 28 FEBRUARY 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| YORKSHIRE SECURITIES LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 28 FEBRUARY 2014 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| BANKERS: |
| YORKSHIRE SECURITIES LIMITED (REGISTERED NUMBER: 02768575) |
| ABBREVIATED BALANCE SHEET |
| 28 FEBRUARY 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| Investment property | 4 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
5 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 6 |
| Revaluation reserve |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| YORKSHIRE SECURITIES LIMITED (REGISTERED NUMBER: 02768575) |
| ABBREVIATED BALANCE SHEET - continued |
| 28 FEBRUARY 2014 |
| The financial statements were approved by the Board of Directors on by: |
| YORKSHIRE SECURITIES LIMITED (REGISTERED NUMBER: 02768575) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 28 FEBRUARY 2014 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention as modified by the revaluation |
| of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April |
| 2008). |
| Tangible fixed assets |
| Computer equipment | - |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in |
| market value is transferred to a revaluation reserve. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Investment properties |
| Investment properties are valued at their open market value. |
| In accordance with Statement of Standard Accounting Practice No 19, no depreciation is provided in respect of |
| freehold properties. This is a departure from the requirements of the Companies Act 2006 which requires all |
| properties to be depreciated. Such properties are not held for consumpt ion but for investment and the directors |
| consider that to depreciate them would not give a true and fair view. Depreciation is one amongst many factors |
| reflected in the annual valuation of properties and accordingly the amount of depreciation which might otherwise |
| have been charged cannot be separately identified or quantified. The directors consider that this policy results in |
| the accounts giving a true and fair view. |
| Investments |
| Investments are valued at cost less any provision for impairment. |
| Group accounts |
| The company and its subsidiaries comprise a small group. The company has taken advantage of the exemption |
| provided by s399 of the Companies Act 2006 not to prepare group accounts. The financial statements therefore |
| present information about the company as an individual undertaking and not about its group. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 March 2013 |
| and 28 February 2014 |
| DEPRECIATION |
| At 1 March 2013 |
| Charge for year |
| At 28 February 2014 |
| NET BOOK VALUE |
| At 28 February 2014 |
| At 28 February 2013 |
| YORKSHIRE SECURITIES LIMITED (REGISTERED NUMBER: 02768575) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 28 FEBRUARY 2014 |
| 3. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 March 2013 |
| and 28 February 2014 |
| NET BOOK VALUE |
| At 28 February 2014 |
| At 28 February 2013 |
| The company's investments at the balance sheet date in the share capital of companies include the following: |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 80,029 | 77,701 |
| Profit for the year | 2,328 | 10,902 |
| 4. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST OR VALUATION |
| At 1 March 2013 |
| Revaluations |
| At 28 February 2014 |
| NET BOOK VALUE |
| At 28 February 2014 |
| At 28 February 2013 |
| 5. | CREDITORS |
| Creditors include an amount of £ |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| Ordinary | £1 |
| YORKSHIRE SECURITIES LIMITED (REGISTERED NUMBER: 02768575) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 28 FEBRUARY 2014 |
| 7. | ULTIMATE PARENT COMPANY |
| The company's ultimate parent undertaking is Cope Industrial Holdings Limited which is incorporated in |
| England and Wales. |