IRIS Accounts Production v23.2.0.158 08196822 Board of Directors 1.3.22 28.2.23 28.2.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh081968222022-02-28081968222023-02-28081968222022-03-012023-02-28081968222021-02-28081968222021-03-012022-02-28081968222022-02-2808196822ns15:Walesns10:Original2022-03-012023-02-2808196822ns14:PoundSterlingns10:Original2022-03-012023-02-2808196822ns10:Originalns10:Director12022-03-012023-02-2808196822ns10:Original2022-03-012023-02-2808196822ns10:Original2023-02-2808196822ns10:Originalns10:PrivateLimitedCompanyLtd2022-03-012023-02-2808196822ns10:Originalns10:SmallEntities2022-03-012023-02-2808196822ns10:Originalns10:AuditExempt-NoAccountantsReport2022-03-012023-02-2808196822ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2808196822ns10:SmallCompaniesRegimeForAccountsns10:Original2022-03-012023-02-2808196822ns10:Originalns10:FullAccounts2022-03-012023-02-2808196822ns10:Originalns10:Director22022-03-012023-02-2808196822ns10:CompanySecretary1ns10:Original2022-03-012023-02-2808196822ns10:Originalns10:RegisteredOffice2022-03-012023-02-2808196822ns10:Original2022-02-2808196822ns10:Originalns5:CurrentFinancialInstruments2023-02-2808196822ns10:Originalns5:CurrentFinancialInstruments2022-02-2808196822ns5:ShareCapitalns10:Original2023-02-2808196822ns5:ShareCapitalns10:Original2022-02-2808196822ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-02-2808196822ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-02-2808196822ns10:Originalns5:PlantMachinery2022-03-012023-02-2808196822ns10:Original2021-03-012022-02-2808196822ns10:Originalns5:LeaseholdImprovements2022-02-2808196822ns10:Originalns5:FurnitureFittings2022-02-2808196822ns10:Originalns5:MotorVehicles2022-02-2808196822ns10:Originalns5:ComputerEquipment2022-02-2808196822ns10:Original2022-02-2808196822ns10:Originalns5:LeaseholdImprovements2022-03-012023-02-2808196822ns10:Originalns5:FurnitureFittings2022-03-012023-02-2808196822ns10:Originalns5:MotorVehicles2022-03-012023-02-2808196822ns10:Originalns5:ComputerEquipment2022-03-012023-02-2808196822ns10:Originalns5:LeaseholdImprovements2023-02-2808196822ns10:Originalns5:FurnitureFittings2023-02-2808196822ns10:Originalns5:MotorVehicles2023-02-2808196822ns10:Originalns5:ComputerEquipment2023-02-2808196822ns10:Originalns5:LeaseholdImprovements2022-02-2808196822ns10:Originalns5:FurnitureFittings2022-02-2808196822ns10:Originalns5:MotorVehicles2022-02-2808196822ns10:Originalns5:ComputerEquipment2022-02-2808196822ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2808196822ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-02-28
REGISTERED NUMBER: 08196822 (Wales)















POPTY'R DREF CYF

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023






POPTY'R DREF CYF (REGISTERED NUMBER: 08196822)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


POPTY'R DREF CYF

COMPANY INFORMATION
for the Year Ended 28 FEBRUARY 2023







DIRECTORS: M H Jones
R A Jones





SECRETARY:





REGISTERED OFFICE: Ty Llys
2 Llwyn View
Dolgellau
Gwynedd
LL40 1LD





REGISTERED NUMBER: 08196822 (Wales)





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

POPTY'R DREF CYF (REGISTERED NUMBER: 08196822)

BALANCE SHEET
28 FEBRUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 40,459 44,243

CURRENT ASSETS
Debtors 5 1,267 131
Cash at bank 35,037 48,331
36,304 48,462
CREDITORS
Amounts falling due within one year 6 26,095 27,245
NET CURRENT ASSETS 10,209 21,217
TOTAL ASSETS LESS CURRENT
LIABILITIES

50,668

65,460

PROVISIONS FOR LIABILITIES 5,720 6,439
NET ASSETS 44,948 59,021

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 44,748 58,821
44,948 59,021

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 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.

POPTY'R DREF CYF (REGISTERED NUMBER: 08196822)

BALANCE SHEET - continued
28 FEBRUARY 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 24 November 2023 and were signed on its behalf by:





R A Jones - Director


POPTY'R DREF CYF (REGISTERED NUMBER: 08196822)

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


1. STATUTORY INFORMATION

Popty'r Dref Cyf is a private company, limited by shares , registered in 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 - 15% on reducing balance

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 2 (2022 - 2 ) .

POPTY'R DREF CYF (REGISTERED NUMBER: 08196822)

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


4. TANGIBLE FIXED ASSETS
Improvements Fixtures,
to fittings Motor Computer
property & equipment vehicles equipment Totals
£    £    £    £    £   
COST
At 1 March 2022 10,355 57,569 24,518 712 93,154
Additions - 2,495 - - 2,495
At 28 February 2023 10,355 60,064 24,518 712 95,649
DEPRECIATION
At 1 March 2022 - 40,102 8,423 386 48,911
Charge for year - 2,995 3,219 65 6,279
At 28 February 2023 - 43,097 11,642 451 55,190
NET BOOK VALUE
At 28 February 2023 10,355 16,967 12,876 261 40,459
At 28 February 2022 10,355 17,467 16,095 326 44,243

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 1,267 131

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 2,237 2,900
Taxation and social security 1,194 3,032
Other creditors 22,664 21,313
26,095 27,245