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REGISTERED NUMBER: 03332765 (England and Wales)















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: J A Jones
B K Jones





SECRETARY: J A Jones





REGISTERED OFFICE: Forge Garage
Ffosyffin
Aberaeron
Ceredigion
SA46 0HA





REGISTERED NUMBER: 03332765 (England and Wales)





ACCOUNTANTS: Johns Jones & Lo Limited
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 4 646,427 653,511
Investments 5 200 200
646,627 653,711

CURRENT ASSETS
Debtors 6 8,990 -
Cash at bank 181,015 200,037
190,005 200,037
CREDITORS
Amounts falling due within one
year

7

753,776

760,035
NET CURRENT LIABILITIES (563,771 ) (559,998 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

82,856

93,713

CREDITORS
Amounts falling due after more
than one year

8

(19,068

)

(29,037

)

PROVISIONS FOR LIABILITIES 10 (5,508 ) (6,854 )
NET ASSETS 58,280 57,822

CAPITAL AND RESERVES
Called up share capital 11 200 200
Retained earnings 58,080 57,622
SHAREHOLDERS' FUNDS 58,280 57,822

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

The members have not required the company to obtain an audit of its financial statements for the year ended 28th September 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 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


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 24th November 2023 and were signed on its behalf by:





J A Jones - Director


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 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

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 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 29th September 2022
and 28th September 2023 617,437 86,377 703,814
DEPRECIATION
At 29th September 2022 - 50,303 50,303
Charge for year - 7,084 7,084
At 28th September 2023 - 57,387 57,387
NET BOOK VALUE
At 28th September 2023 617,437 28,990 646,427
At 28th September 2022 617,437 36,074 653,511

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 8,990 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,648 10,648
Trade creditors 36 4,143
Taxation and social security 8,011 5,571
Other creditors 735,081 739,673
753,776 760,035

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 19,068 29,037

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 29,716 39,685

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 6,854
Credit to Income Statement during year (1,346 )
Balance at 28th September 2023 5,508

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
200 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
£    £   
B K Jones
Balance outstanding at start of year 5,000 5,000
Amounts repaid (5,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 5,000

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 the directors.