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REGISTERED NUMBER: 04351281 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st May 2023

for

Cymru Lan Cyf

Cymru Lan Cyf (Registered number: 04351281)






Contents of the Financial Statements
for the Year Ended 31st May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cymru Lan Cyf

Company Information
for the Year Ended 31st May 2023







DIRECTOR: C W Bennett





SECRETARY: Mrs C Barton





REGISTERED OFFICE: Unit 4
Gaerwen Industrial Estate
Gaerwen
Anglesey
LL60 6HR





REGISTERED NUMBER: 04351281 (England and Wales)





ACCOUNTANTS: A.Hughes-Jones, Dyson & Co.
Capel Moreia
South Penrallt
Caernarfon
Gwynedd
LL55 1NS

Cymru Lan Cyf (Registered number: 04351281)

Balance Sheet
31st May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 396,011 409,980

CURRENT ASSETS
Stocks - 1,263
Debtors 5 313,856 160,798
Cash at bank 303,798 254,599
617,654 416,660
CREDITORS
Amounts falling due within one year 6 129,221 130,307
NET CURRENT ASSETS 488,433 286,353
TOTAL ASSETS LESS CURRENT
LIABILITIES

884,444

696,333

CREDITORS
Amounts falling due after more than one
year

7

(134,437

)

-

PROVISIONS FOR LIABILITIES (23,440 ) (19,621 )
NET ASSETS 726,567 676,712

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 726,467 676,612
SHAREHOLDERS' FUNDS 726,567 676,712

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Cymru Lan Cyf (Registered number: 04351281)

Balance Sheet - continued
31st May 2023


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 director and authorised for issue on 26th October 2023 and were signed by:





C W Bennett - Director


Cymru Lan Cyf (Registered number: 04351281)

Notes to the Financial Statements
for the Year Ended 31st May 2023

1. STATUTORY INFORMATION

Cymru Lan Cyf 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.
Plant and machinery etc - 25% on reducing balance and 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 11 (2022 - 11 ) .

Cymru Lan Cyf (Registered number: 04351281)

Notes to the Financial Statements - continued
for the Year Ended 31st May 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st June 2022 283,957 526,479 810,436
Additions - 15,746 15,746
At 31st May 2023 283,957 542,225 826,182
DEPRECIATION
At 1st June 2022 - 400,456 400,456
Charge for year - 29,715 29,715
At 31st May 2023 - 430,171 430,171
NET BOOK VALUE
At 31st May 2023 283,957 112,054 396,011
At 31st May 2022 283,957 126,023 409,980

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 49,742 53,497
Amounts owed by group undertakings 213,171 -
Other debtors 50,943 107,301
313,856 160,798

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Bank loans and overdrafts 12,543 -
Hire purchase contracts - 8,091
Trade creditors 16,853 16,801
Amounts owed to group undertakings - 1,707
Taxation and social security 92,713 96,680
Other creditors 7,112 7,028
129,221 130,307

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.23 31.5.22
£    £   
Bank loans 134,437 -

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 76,035 -

Cymru Lan Cyf (Registered number: 04351281)

Notes to the Financial Statements - continued
for the Year Ended 31st May 2023

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st May 2023 and 31st May 2022:

31.5.23 31.5.22
£    £   
C W Bennett
Balance outstanding at start of year 107,300 73,010
Amounts advanced 50,943 107,300
Amounts repaid (107,300 ) (73,010 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 50,943 107,300

9. ULTIMATE CONTROLLING PARTY

The controlling party is Cymru Lan Holdings Limited..