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REGISTERED NUMBER: 04944476 (England and Wales)








REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

FOR

DAFARN RHOS LIMITED

DAFARN RHOS LIMITED (REGISTERED NUMBER: 04944476)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2021




Page

Company Information 1

Report of the Directors 2

Balance Sheet 3 to 4

Notes to the Financial Statements 5 to 7


DAFARN RHOS LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2021







DIRECTORS: Mr R Owen
Mrs M E Owen



SECRETARY: Mrs M E Owen



REGISTERED OFFICE: Dafarn Rhos
Lligwy Beach
Moelfre
Anglesey
Gwynedd
LL72 8NN



REGISTERED NUMBER: 04944476 (England and Wales)



ACCOUNTANTS: Cadishead Accountancy Services Limited
Britannic House
657 Liverpool Road
Irlam
Manchester
Lancashire
M44 5XD



BANKERS: HSBC Plc
High Street
Llangefni
Ynys Mon
LL77 7LU

DAFARN RHOS LIMITED (REGISTERED NUMBER: 04944476)

REPORT OF THE DIRECTORS
for the Year Ended 31 December 2021

The directors present their report with the financial statements of the company for the year ended 31 December 2021.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of a campsite and rental of holiday homes.

DIRECTORS
The directors set out in the table below have held office during the whole of the period from 1 January 2021 to the date of this report.

The beneficial interests of the directors holding office at 31 December 2021 in the shares of the company, according to the register of directors' interests, were as follows:

31.12.21 1.1.21
Ordinary shares of £1 each
Mr R Owen 1 1
Mrs M E Owen 1 1

These directors did not hold any non-beneficial interests in the shares of the company.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mrs M E Owen - Director


13 September 2022

DAFARN RHOS LIMITED (REGISTERED NUMBER: 04944476)

BALANCE SHEET
31 December 2021

31.12.21 31.12.20
Notes £    £   
FIXED ASSETS
Tangible assets 4 283,751 240,132

CURRENT ASSETS
Debtors 5 12,866 -
Prepayments and accrued income 7,795 10,818
Cash at bank 118,172 260,031
138,833 270,849
CREDITORS
Amounts falling due within one year 6 (141,280 ) (338,148 )
NET CURRENT LIABILITIES (2,447 ) (67,299 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

281,304

172,833

PROVISIONS FOR LIABILITIES (31,159 ) (22,871 )
NET ASSETS 250,145 149,962

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 250,143 149,960
SHAREHOLDERS' FUNDS 250,145 149,962

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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.

DAFARN RHOS LIMITED (REGISTERED NUMBER: 04944476)

BALANCE SHEET - continued
31 December 2021


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 September 2022 and were signed on its behalf by:





Mrs M E Owen - Director


DAFARN RHOS LIMITED (REGISTERED NUMBER: 04944476)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

Dafarn Rhos 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - at variable rates on reducing balance and at varying rates on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Government grants
Government grants are credited to the profit & loss account on a received basis.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

DAFARN RHOS LIMITED (REGISTERED NUMBER: 04944476)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2021

2. ACCOUNTING POLICIES - continued

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 9 (2020 - 6 ) .

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2021 119,756 340,500 9,599 5,820 475,675
Additions - 68,147 - 1,489 69,636
At 31 December 2021 119,756 408,647 9,599 7,309 545,311
DEPRECIATION
At 1 January 2021 - 224,593 7,164 3,786 235,543
Charge for year - 24,527 609 881 26,017
At 31 December 2021 - 249,120 7,773 4,667 261,560
NET BOOK VALUE
At 31 December 2021 119,756 159,527 1,826 2,642 283,751
At 31 December 2020 119,756 115,907 2,435 2,034 240,132

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:
Plant and
machinery
£   
COST
At 1 January 2021
and 31 December 2021 21,000
DEPRECIATION
At 1 January 2021 18,663
Charge for year 584
At 31 December 2021 19,247
NET BOOK VALUE
At 31 December 2021 1,753
At 31 December 2020 2,337

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Other debtors 12,866 -

DAFARN RHOS LIMITED (REGISTERED NUMBER: 04944476)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2021

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Bank loans and overdrafts - 230,000
Taxation and social security 28,796 15,932
Other creditors 112,484 92,216
141,280 338,148

7. RELATED PARTY DISCLOSURES

Mr R and Mrs E Owen
Property rental

The property that the company rents is owned by its directors. During the year rent of £16,900 (2020
£ 16,900) was charged.

8. ULTIMATE CONTROLLING PARTY

The company is under the control of its Directors.