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REGISTERED NUMBER: 08388163 (England and Wales)















CWMNI PUM PLWY PENLLYN CYF

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023






CWMNI PUM PLWY PENLLYN CYF (REGISTERED NUMBER: 08388163)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 28 FEBRUARY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CWMNI PUM PLWY PENLLYN CYF

COMPANY INFORMATION
for the Year Ended 28 FEBRUARY 2023







DIRECTORS: G L Davies
E W Davies
H A Edwards
A E Jones
T Roberts
W D Williams
E Llwyd





REGISTERED OFFICE: Llwyn Celyn
Llanuwchllyn
Y Bala
Gwynedd
LL23 7TW





REGISTERED NUMBER: 08388163 (England and Wales)





ACCOUNTANTS: E W Owen & Co
Glyndwr Buildings
Glyndwr Street
Dolgellau
Gwynedd
LL40 1BB

CWMNI PUM PLWY PENLLYN CYF (REGISTERED NUMBER: 08388163)

BALANCE SHEET
28 FEBRUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,181 4,455

CURRENT ASSETS
Debtors 5 5,128 19,843
Cash at bank 62,855 42,079
67,983 61,922
CREDITORS
Amounts falling due within one year 6 29,537 18,095
NET CURRENT ASSETS 38,446 43,827
TOTAL ASSETS LESS CURRENT
LIABILITIES

43,627

48,282

RESERVES
Income and expenditure account 43,627 48,282
43,627 48,282

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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 surplus or deficit 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 13 September 2023 and were signed on its behalf by:





H A Edwards - Director


CWMNI PUM PLWY PENLLYN CYF (REGISTERED NUMBER: 08388163)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 28 FEBRUARY 2023


1. STATUTORY INFORMATION

Cwmni Pum Plwy Penllyn Cyf is a private company, limited by guarantee , 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.
Offer a swyddfa - 25% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

CWMNI PUM PLWY PENLLYN CYF (REGISTERED NUMBER: 08388163)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 FEBRUARY 2023


4. TANGIBLE FIXED ASSETS
Improvements
to Offer a
property swyddfa Totals
£    £    £   
COST
At 1 March 2022 3,396 18,910 22,306
Additions - 1,321 1,321
At 28 February 2023 3,396 20,231 23,627
DEPRECIATION
At 1 March 2022 - 17,851 17,851
Charge for year - 595 595
At 28 February 2023 - 18,446 18,446
NET BOOK VALUE
At 28 February 2023 3,396 1,785 5,181
At 28 February 2022 3,396 1,059 4,455

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 4,420 19,195
Rhagdaliadau 708 648
5,128 19,843

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 5,466 1,430
Croniadau ac incwm wedi'i ohir 17,675 16,665
Social security and other taxes 6,385 -
Other creditors 11 -
29,537 18,095