REGISTERED NUMBER: |
T. LLOYD JONES FORGE (HOLDINGS) LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 28TH SEPTEMBER 2023 |
REGISTERED NUMBER: |
T. LLOYD JONES FORGE (HOLDINGS) LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 28TH SEPTEMBER 2023 |
T. LLOYD JONES FORGE (HOLDINGS) LIMITED (REGISTERED NUMBER: 03332765) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 28TH SEPTEMBER 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 | to | 3 |
Notes to the Financial Statements | 4 | to | 6 |
T. LLOYD JONES FORGE (HOLDINGS) LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 28TH SEPTEMBER 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants & Registered Auditors |
16 Lambourne Crescent |
Cardiff Business Park |
Llanishen |
Cardiff |
CF14 5GF |
T. LLOYD JONES FORGE (HOLDINGS) LIMITED (REGISTERED NUMBER: 03332765) |
BALANCE SHEET |
28TH SEPTEMBER 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investments | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
7 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | 10 | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 11 |
Retained earnings |
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. |
T. LLOYD JONES FORGE (HOLDINGS) LIMITED (REGISTERED NUMBER: 03332765) |
BALANCE SHEET - continued |
28TH SEPTEMBER 2023 |
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 |
T. LLOYD JONES FORGE (HOLDINGS) LIMITED (REGISTERED NUMBER: 03332765) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 28TH SEPTEMBER 2023 |
1. | STATUTORY INFORMATION |
T. Lloyd Jones Forge (Holdings) Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Tangible fixed assets |
Fixtures and Fittings 15% Straight Line |
Land and Buildings No depreciation is provided on Land and Buildings |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at 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. |
Investments |
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment. |
T. LLOYD JONES FORGE (HOLDINGS) LIMITED (REGISTERED NUMBER: 03332765) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 28TH SEPTEMBER 2023 |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Plant and |
Land and | machinery |
buildings | etc | Totals |
£ | £ | £ |
COST |
At 29th September 2022 |
and 28th September 2023 |
DEPRECIATION |
At 29th September 2022 |
Charge for year |
At 28th September 2023 |
NET BOOK VALUE |
At 28th September 2023 |
At 28th September 2022 |
5. | FIXED ASSET INVESTMENTS |
Details of Undertakings |
Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows: |
Undertakings Subsidiary Undertakings |
Registered Office |
Holding |
Proportion of Voting Rights and shares Held |
T. Lloyd Jones Forge Aberaeron Limited |
Ffosyffin, Aberaeron, Ceredigion, SA46 OHA |
Ordinary |
2022 100% 2021100% |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Taxation and social security |
Other creditors |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2023 | 2022 |
£ | £ |
Bank loans |
T. LLOYD JONES FORGE (HOLDINGS) LIMITED (REGISTERED NUMBER: 03332765) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 28TH SEPTEMBER 2023 |
9. | SECURED DEBTS |
The following secured debts are included within creditors: |
2023 | 2022 |
£ | £ |
Bank loans |
The bank loans are secured by debenture against the assets of the company. |
10. | PROVISIONS FOR LIABILITIES |
2023 | 2022 |
£ | £ |
Deferred tax | 5,508 | 6,854 |
Deferred |
tax |
£ |
Balance at 29th September 2022 |
Credit to Income Statement during year | ( |
) |
Balance at 28th September 2023 |
11. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
Ordinary | £1 | 200 | 200 |
12. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the years ended 28th September 2023 and 28th September 2022: |
2023 | 2022 |
£ | £ |
Balance outstanding at start of year |
Amounts repaid | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
13. | RELATED PARTY DISCLOSURES |
Included in other creditors is a balance of £714481 (2022 £713863 ) due to T.Lloyd Jones Forge Aberaeron Limited. |
T.Lloyd Jones Forge Aberaeron is a 100% owned subsidiary of T.Lloyd Jones Forge (Holdings) Limited. |
14. | ULTIMATE CONTROLLING PARTY |
The controlling party is are the directors. |
The ultimate controlling party is |