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REGISTERED NUMBER: 11489988 (United Kingdom)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

LLYWELYN HOLDINGS LIMITED

LLYWELYN HOLDINGS LIMITED (REGISTERED NUMBER: 11489988)

Contents of the Financial Statements
for the Year Ended 31 July 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LLYWELYN HOLDINGS LIMITED

Company Information
for the Year Ended 31 July 2023







DIRECTORS: Mrs E M Evans
Mr I Evans





REGISTERED OFFICE: Sgubor Pengoyffordd
Trefeitha
Brecon
Powys
Wales
LD3 0RN





REGISTERED NUMBER: 11489988 (United Kingdom)





ACCOUNTANTS: Advantage Accountancy & Advisory Ltd
Avalon House
5-7 Cathedral Road
Cardiff
CF11 9HA

LLYWELYN HOLDINGS LIMITED (REGISTERED NUMBER: 11489988)

Balance Sheet
31 July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 705,000 330,000

CURRENT ASSETS
Debtors 5 10,817 10,817
Cash at bank 4,202 945
15,019 11,762
CREDITORS
Amounts falling due within one year 6 113,579 90,611
NET CURRENT LIABILITIES (98,560 ) (78,849 )
TOTAL ASSETS LESS CURRENT LIABILITIES 606,440 251,151

CREDITORS
Amounts falling due after more than one year 7 (452,674 ) (177,750 )

PROVISIONS FOR LIABILITIES (22,944 ) (8,056 )
NET ASSETS 130,822 65,345

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 130,722 65,245
SHAREHOLDERS' FUNDS 130,822 65,345

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

LLYWELYN HOLDINGS LIMITED (REGISTERED NUMBER: 11489988)

Balance Sheet - continued
31 July 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 4 April 2024 and were signed on its behalf by:





Mr I Evans - Director


LLYWELYN HOLDINGS LIMITED (REGISTERED NUMBER: 11489988)

Notes to the Financial Statements
for the Year Ended 31 July 2023


1. STATUTORY INFORMATION

Llywelyn Holdings Limited is a private company, limited by shares , registered in United Kingdom. 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

LLYWELYN HOLDINGS LIMITED (REGISTERED NUMBER: 11489988)

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


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2022 330,000
Additions 296,642
Revaluations 78,358
At 31 July 2023 705,000
NET BOOK VALUE
At 31 July 2023 705,000
At 31 July 2022 330,000

Fair value at 31 July 2023 is represented by:
£   
Valuation in 2021 43,094
Valuation in 2022 (694 )
Valuation in 2023 78,358
Cost 584,242
705,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 10,817 10,817

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 8) 10,000 11,000
Social security and other taxes 817 269
Other creditors 101,142 77,842
Accruals and deferred income 1,620 1,500
113,579 90,611

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans (see note 8) 452,674 177,750

LLYWELYN HOLDINGS LIMITED (REGISTERED NUMBER: 11489988)

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


8. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank loans 10,000 10,000
Bank loan 2 <1 yr - 1,000
10,000 11,000

Amounts falling due between two and five years:
Bank loans - 2-5 years 452,674 177,750

Bank loans are secured against the assets of the company.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary 1 100 100