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
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Directors |
K Daniels |
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R Price |
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H Thompson |
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G E Tomos-Jones |
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J Anderson |
(Resigned 23 March 2023) |
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S L Beach |
(Resigned 23 March 2023) |
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J A Bryan |
(Resigned 23 March 2023) |
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R B Hughes-Anderson |
(Resigned 23 March 2023) |
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I R Lewney |
(Resigned 23 March 2023) |
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G Steel |
(Resigned 23 March 2023) |
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Company number |
14318456 |
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Registered office |
1 Tan y Castell |
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Dog Lane |
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Ruthin |
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Wales |
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LL15 1DQ |
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Accountants |
Hill & Roberts |
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1 Tan y Castell |
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Dog Lane |
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Ruthin |
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Wales |
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LL15 1DQ |
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Gwyl Rhuthun Cyfyngedig
Company limited by guarantee
Statement of financial position
30 November 2023
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30/11/23 |
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Note |
£ |
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£ |
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Current assets |
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Debtors |
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5 |
632 |
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Cash at bank and in hand |
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25,144 |
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_______ |
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25,776 |
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Creditors: amounts falling due |
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within one year |
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6 |
(
961) |
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_______ |
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Net current assets |
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24,815 |
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Total assets less current liabilities |
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24,815 |
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_______ |
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Net assets |
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24,815 |
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_______ |
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Capital and reserves |
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Incorporation reserve |
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23,680 |
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Profit and loss account |
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1,135 |
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_______ |
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Members funds |
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24,815 |
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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:
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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;
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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
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Incorporation reserve |
Profit and loss account |
Total |
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£ |
£ |
£ |
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At 1 November 2022 |
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23,680 |
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23,680 |
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Profit for the period |
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1,135 |
1,135 |
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Total comprehensive income for the period |
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1,135 |
1,135 |
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At 30 November 2023 |
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23,680 |
1,135 |
24,815 |
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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
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30/11/23 |
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£ |
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Other debtors |
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632 |
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6.
Creditors: amounts falling due within one year
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30/11/23 |
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£ |
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Corporation tax |
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354 |
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Other creditors |
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607 |
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961 |
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7.
Incorporation and commencement of trade
The company was incorporated on the 25 August 2022. Trade commenced on the 1st November 2022.