John Lloyd Williams (Adeiladydd) Cyf 04156089 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is that of building contractors and renovation work Digita Accounts Production Advanced 6.30.9574.0 true false true 04156089 2022-04-01 2023-03-31 04156089 2023-03-31 04156089 bus:OrdinaryShareClass2 2023-03-31 04156089 bus:OrdinaryShareClass3 2023-03-31 04156089 core:CurrentFinancialInstruments 2023-03-31 04156089 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 04156089 core:FurnitureFittingsToolsEquipment 2023-03-31 04156089 core:MotorVehicles 2023-03-31 04156089 core:OtherPropertyPlantEquipment 2023-03-31 04156089 bus:SmallEntities 2022-04-01 2023-03-31 04156089 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 04156089 bus:FullAccounts 2022-04-01 2023-03-31 04156089 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 04156089 bus:RegisteredOffice 2022-04-01 2023-03-31 04156089 bus:CompanySecretaryDirector1 2022-04-01 2023-03-31 04156089 bus:Director1 2022-04-01 2023-03-31 04156089 bus:Director3 2022-04-01 2023-03-31 04156089 bus:OrdinaryShareClass2 2022-04-01 2023-03-31 04156089 bus:OrdinaryShareClass3 2022-04-01 2023-03-31 04156089 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 04156089 core:ComputerEquipment 2022-04-01 2023-03-31 04156089 core:FurnitureFittingsToolsEquipment 2022-04-01 2023-03-31 04156089 core:MotorVehicles 2022-04-01 2023-03-31 04156089 core:OtherPropertyPlantEquipment 2022-04-01 2023-03-31 04156089 1 2022-04-01 2023-03-31 04156089 countries:EnglandWales 2022-04-01 2023-03-31 04156089 2022-03-31 04156089 core:FurnitureFittingsToolsEquipment 2022-03-31 04156089 core:MotorVehicles 2022-03-31 04156089 core:OtherPropertyPlantEquipment 2022-03-31 04156089 2021-04-01 2022-03-31 04156089 2022-03-31 04156089 bus:OrdinaryShareClass2 2022-03-31 04156089 bus:OrdinaryShareClass3 2022-03-31 04156089 core:CurrentFinancialInstruments 2022-03-31 04156089 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 04156089 core:FurnitureFittingsToolsEquipment 2022-03-31 04156089 core:MotorVehicles 2022-03-31 04156089 core:OtherPropertyPlantEquipment 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 04156089

John Lloyd Williams (Adeiladydd) Cyf

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2023

 

John Lloyd Williams (Adeiladydd) Cyf

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 8

 

John Lloyd Williams (Adeiladydd) Cyf

Company Information

Directors

Mr Iwan Gwyn Williams

Mrs Dilys Gwilym

Mr John Lloyd Williams

Company secretary

Mrs Dilys Gwilym

Registered office

Bryn Aber
Maenan
Llanrwst
North Wales
LL26 0UP

Accountants

Aston Hughes & Co
Chartered Accountants
Selby Towers
29 Princes Drive
Colwyn Bay
LL29 8PE

 

John Lloyd Williams (Adeiladydd) Cyf

(Registration number: 04156089)
Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

122,396

90,733

Current assets

 

Stocks

5

5,000

15,000

Debtors

6

470,923

462,901

Cash at bank and in hand

 

311,689

184,507

 

787,612

662,408

Creditors: Amounts falling due within one year

7

(109,445)

(59,136)

Net current assets

 

678,167

603,272

Net assets

 

800,563

694,005

Capital and reserves

 

Called up share capital

8

110

110

Retained earnings

800,453

693,895

Shareholders' funds

 

800,563

694,005

For the financial year ending 31 March 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 accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 21 December 2023 and signed on its behalf by:
 

 

John Lloyd Williams (Adeiladydd) Cyf

(Registration number: 04156089)
Balance Sheet as at 31 March 2023

.........................................
Mrs Dilys Gwilym
Company secretary and director

 

John Lloyd Williams (Adeiladydd) Cyf

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Bryn Aber
Maenan
Llanrwst
North Wales
LL26 0UP

These financial statements were authorised for issue by the Board on 21 December 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

John Lloyd Williams (Adeiladydd) Cyf

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Furniture, fittings and equipment

25% Reducing balance method

Motor vehicles

25% Reducing balance method

Other property, plant and equipment

25% Reducing balance method

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

John Lloyd Williams (Adeiladydd) Cyf

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2022 - 3).

 

John Lloyd Williams (Adeiladydd) Cyf

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

4

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Other tangible assets
£

Total
£

Cost or valuation

At 1 April 2022

7,678

85,985

165,649

259,312

Additions

2,617

52,995

7,180

62,792

At 31 March 2023

10,295

138,980

172,829

322,104

Depreciation

At 1 April 2022

5,050

54,888

108,641

168,579

Charge for the year

1,311

14,912

14,906

31,129

At 31 March 2023

6,361

69,800

123,547

199,708

Carrying amount

At 31 March 2023

3,934

69,180

49,282

122,396

At 31 March 2022

2,628

31,097

57,008

90,733

5

Stocks

2023
£

2022
£

Work in progress

-

10,000

Other inventories

5,000

5,000

5,000

15,000

6

Debtors

Current

Note

2023
£

2022
£

Trade debtors

 

73,892

60,890

Amounts owed by related parties

394,000

394,000

Prepayments

 

3,031

2,754

Other debtors

 

-

5,257

   

470,923

462,901

 

John Lloyd Williams (Adeiladydd) Cyf

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

7

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Trade creditors

39,615

15,827

Taxation and social security

58,623

26,203

Accruals and deferred income

2,955

2,815

Other creditors

8,252

14,291

109,445

59,136

8

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary shares of £1 each

100

100

100

100

Ordinary A Class shares of £1 each

10

10

10

10

 

110

110

110

110

9

Parent and ultimate parent undertaking

The ultimate controlling party is Mr J Ll Williams and Mrs D Gwilym.