Company Registration No. 12049440 (England and Wales)
Y Gegin Fach Limited
Unaudited accounts
for the year ended 30 June 2023
Y Gegin Fach Limited
Unaudited accounts
Contents
Y Gegin Fach Limited
Company Information
for the year ended 30 June 2023
Directors
Kay Beynon
Philip David Jones
Company Number
12049440 (England and Wales)
Registered Office
11 WERN ROAD
YSTALYFERA
SWANSEA
SA9 2LX
WALES
Y Gegin Fach Limited
Statement of financial position
as at 30 June 2023
Tangible assets
2,296
2,162
Cash at bank and in hand
631
5,978
Creditors: amounts falling due within one year
-
(2,392)
Net current assets
631
3,586
Profit and loss account
2,925
5,746
Shareholders' funds
2,927
5,748
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 12 February 2024 and were signed on its behalf by
Kay Beynon
Director
Company Registration No. 12049440
Y Gegin Fach Limited
Notes to the Accounts
for the year ended 30 June 2023
Y Gegin Fach Limited is a private company, limited by shares, registered in England and Wales, registration number 12049440. The registered office is 11 WERN ROAD, YSTALYFERA, SWANSEA, SA9 2LX, WALES.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Straight line method - 3 years
Motor vehicles
Reducing Balance - 30%
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 July 2022
7,341
3,400
10,741
At 30 June 2023
8,100
3,400
11,500
At 1 July 2022
7,053
1,526
8,579
Charge for the year
288
337
625
At 30 June 2023
7,341
1,863
9,204
At 30 June 2023
759
1,537
2,296
At 30 June 2022
288
1,874
2,162
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
2,392
Y Gegin Fach Limited
Notes to the Accounts
for the year ended 30 June 2023
6
Average number of employees
During the year the average number of employees was 2 (2022: 2).