Yorkshire Consortium Limited - Accounts to registrar - small 17.2

YORKSHIRE CONSORTIUM LIMITED - Company Information

IRIS Accounts Production v17.2.1.52 05363132 J G Williams Board of Directors J Williams Board of Directors Miss H E Williams Board of Directors 1.1.16 31.12.16 31.12.16 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure053631322015-12-31053631322016-12-31053631322016-01-012016-12-31053631322014-12-31053631322015-01-012015-12-31053631322015-12-3105363132ns14:PoundSterling2016-01-012016-12-3105363132ns10:Director12016-01-012016-12-3105363132ns10:Director22016-01-012016-12-3105363132ns10:Director32016-01-012016-12-3105363132ns10:PrivateLimitedCompanyLtd2016-01-012016-12-3105363132ns10:SmallEntities2016-01-012016-12-3105363132ns10:AuditExemptWithAccountantsReport2016-01-012016-12-3105363132ns10:SmallCompaniesRegimeForDirectorsReport2016-01-012016-12-3105363132ns10:SmallCompaniesRegimeForAccounts2016-01-012016-12-3105363132ns10:AbridgedAccounts2016-01-012016-12-3105363132ns10:RegisteredOffice2016-01-012016-12-3105363132ns5:CurrentFinancialInstruments2016-12-3105363132ns5:CurrentFinancialInstruments2015-12-3105363132ns5:Non-currentFinancialInstruments2016-12-3105363132ns5:Non-currentFinancialInstruments2015-12-3105363132ns5:ShareCapital2016-12-3105363132ns5:ShareCapital2015-12-3105363132ns5:RetainedEarningsAccumulatedLosses2016-12-3105363132ns5:RetainedEarningsAccumulatedLosses2015-12-3105363132ns10:Director222015-12-3105363132ns10:Director222014-12-3105363132ns10:Director222016-01-012016-12-3105363132ns10:Director222015-01-012015-12-3105363132ns10:Director222016-12-3105363132ns10:Director222015-12-3105363132ns10:Director112015-12-3105363132ns10:Director112014-12-3105363132ns10:Director112016-01-012016-12-3105363132ns10:Director112015-01-012015-12-3105363132ns10:Director112016-12-3105363132ns10:Director112015-12-31053631323ns10:Director32015-12-31053631323ns10:Director32014-12-31053631323ns10:Director32016-01-012016-12-31053631323ns10:Director32015-01-012015-12-31053631323ns10:Director32016-12-31053631323ns10:Director32015-12-31

REGISTERED NUMBER: 05363132

Unaudited Financial Statements for the Year Ended 31 December 2016

for

Yorkshire Consortium Limited

Page

Company Information

Abridged Balance Sheet

Notes to the Financial Statements

Chartered Accountants' Report

DIRECTORS:

J G Williams

J Williams

Miss H E Williams

REGISTERED OFFICE:

134 Moorgate Road

Rotherham

S60 3AZ

REGISTERED NUMBER:

05363132

ACCOUNTANTS:

Parkins Accountants Ltd

T/A, Parkins, Chartered Accountants

Moor Park House

Bawtry Rd

Wickersley

Rotherham

South Yorkshire

S66 2BL

FIXED ASSETS

Investment property

1,601,268

696,246

CURRENT ASSETS

Debtors

3,347

2,105

Cash at bank

30,104

30,848

33,451

32,953

CREDITORS

Amounts falling due within one year

908,563

224,916

NET CURRENT LIABILITIES

(875,112

)

(191,963

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

726,156

504,283

CREDITORS

Amounts falling due after more than one
year

473,293

279,604

NET ASSETS

252,863

224,679

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

252,763

224,579

SHAREHOLDERS' FUNDS

252,863

224,679

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 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 of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2016 in accordance with Section 444(2A) of the Companies Act 2006.

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 on 28 September 2017 and were signed on its behalf
by:

J G Williams - Director

J Williams - Director

Miss H E Williams - Director

1.	STATUTORY INFORMATION

Yorkshire Consortium Limited is a private company, limited by shares , registered in Not specified/Other. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents rents received. The company is not vat registered.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

fair value is recognised in profit or loss.

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.

3.	INVESTMENT PROPERTY

Total

FAIR VALUE

At 1 January 2016

696,246

Additions

905,022

At 31 December 2016

1,601,268

NET BOOK VALUE

At 31 December 2016

1,601,268

At 31 December 2015

696,246

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2016 and

31 December 2015:

2016

2015

J Williams

Balance outstanding at start of year

(57,552

)

Amounts repaid

(260

)

(57,552

)

Amounts written off

Amounts waived

Balance outstanding at end of year

(57,812

)

(57,552

)

J G Williams

Balance outstanding at start of year

Amounts repaid

(442,138

)

Amounts written off

Amounts waived

Balance outstanding at end of year

(442,138

)

Miss H E Williams

Balance outstanding at start of year

Amounts advanced

3,369

Amounts repaid

(401,218

)

Amounts written off

Amounts waived

Balance outstanding at end of year

(397,849

)

5.	ULTIMATE CONTROLLING PARTY

The controlling party is not known.

The following reproduces the text of the report prepared for the directors and members in respect of the

company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain

other primary statements and the Report of the Directors are not required to be filed with the Registrar of

Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Yorkshire Consortium Limited for the year ended 31 December 2016 which comprise the

Abridged Income Statement, Other Comprehensive Income, Abridged Balance Sheet, and the related notes from the

company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Yorkshire Consortium Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Yorkshire Consortium Limited and state those matters that we have agreed to state to the Board of Directors of Yorkshire Consortium Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Yorkshire Consortium Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Yorkshire Consortium Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Yorkshire Consortium Limited. You consider that Yorkshire Consortium 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 financial statements of Yorkshire Consortium 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 financial statements.

Parkins Accountants Ltd

T/A, Parkins, Chartered Accountants

Moor Park House

Bawtry Rd

Wickersley

Rotherham

South Yorkshire

S66 2BL

Date: .............................................