0 01/11/2022 30/11/2023 2023-11-30 false false false false false false false true false false true false false false false true true false No description of principal activities is disclosed 2022-11-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 14318456 2022-11-01 2023-11-30 14318456 2023-11-30 14318456 2022-10-31 14318456 bus:RegisteredOffice 2022-11-01 2023-11-30 14318456 bus:LeadAgentIfApplicable 2022-11-01 2023-11-30 14318456 bus:Director1 2022-11-01 2023-11-30 14318456 bus:Director2 2022-11-01 2023-11-30 14318456 bus:Director3 2022-11-01 2023-11-30 14318456 bus:Director4 2022-11-01 2023-11-30 14318456 bus:Director5 2022-11-01 2023-11-30 14318456 bus:Director6 2022-11-01 2023-11-30 14318456 bus:Director7 2022-11-01 2023-11-30 14318456 bus:Director8 2022-11-01 2023-11-30 14318456 bus:Director9 2022-11-01 2023-11-30 14318456 bus:Director10 2022-11-01 2023-11-30 14318456 core:RetainedEarningsAccumulatedLosses 2022-11-01 2023-11-30 14318456 core:WithinOneYear 2023-11-30 14318456 core:RetainedEarningsAccumulatedLosses 2023-11-30 14318456 bus:SmallEntities 2022-11-01 2023-11-30 14318456 bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-11-30 14318456 bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-11-30 14318456 bus:CompanyLimitedByGuarantee 2022-11-01 2023-11-30 14318456 bus:FullAccounts 2022-11-01 2023-11-30 14318456 core:OtherCapitalReserve 2023-11-30
Company registration number: 14318456
Gwyl Rhuthun Cyfyngedig
Company limited by guarantee
Unaudited filleted financial statements
30 November 2023
Gwyl Rhuthun Cyfyngedig
Company limited by guarantee
Contents
Directors and other information
Statement of financial position
Statement of changes in equity
Notes to the financial statements
Gwyl Rhuthun Cyfyngedig
Company limited by guarantee
Directors and other information
Directors K Daniels
R Price
H Thompson
G E Tomos-Jones
J Anderson (Resigned 23 March 2023)
S L Beach (Resigned 23 March 2023)
J A Bryan (Resigned 23 March 2023)
R B Hughes-Anderson (Resigned 23 March 2023)
I R Lewney (Resigned 23 March 2023)
G Steel (Resigned 23 March 2023)
Company number 14318456
Registered office 1 Tan y Castell
Dog Lane
Ruthin
Wales
LL15 1DQ
Accountants Hill & Roberts
1 Tan y Castell
Dog Lane
Ruthin
Wales
LL15 1DQ
Gwyl Rhuthun Cyfyngedig
Company limited by guarantee
Statement of financial position
30 November 2023
30/11/23
Note £ £
Current assets
Debtors 5 632
Cash at bank and in hand 25,144
_______
25,776
Creditors: amounts falling due
within one year 6 ( 961)
_______
Net current assets 24,815
_______
Total assets less current liabilities 24,815
_______
Net assets 24,815
_______
Capital and reserves
Incorporation reserve 23,680
Profit and loss account 1,135
_______
Members funds 24,815
_______
For the period ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 11 April 2024 , and are signed on behalf of the board by:
K Daniels R Price
Director Director
Company registration number: 14318456
Gwyl Rhuthun Cyfyngedig
Company limited by guarantee
Statement of changes in equity
Period ended 30 November 2023
Incorporation reserve Profit and loss account Total
£ £ £
At 1 November 2022 23,680 - 23,680
Profit for the period 1,135 1,135
_______ _______ _______
Total comprehensive income for the period - 1,135 1,135
_______ _______ _______
At 30 November 2023 23,680 1,135 24,815
_______ _______ _______
Gwyl Rhuthun Cyfyngedig
Company limited by guarantee
Notes to the financial statements
Period ended 30 November 2023
1. General information
The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is 1 Tan y Castell, Dog Lane, Ruthin, Wales, LL15 1DQ.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period.
When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that it is probable the expenses recognised will be recovered.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.Debt instruments are subsequently measured at amortised cost.
4. Limited by guarantee
The company is limited by guarantee of members and does not have a share capital. The liability of members is limited to £1.
5. Debtors
30/11/23
£
Other debtors 632
_______
6. Creditors: amounts falling due within one year
30/11/23
£
Corporation tax 354
Other creditors 607
_______
961
_______
7. Incorporation and commencement of trade
The company was incorporated on the 25 August 2022. Trade commenced on the 1st November 2022.