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REGISTERED NUMBER: 12293187 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

T G Jones (Llety) Limited

T G Jones (Llety) Limited (Registered number: 12293187)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

T G Jones (Llety) Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mr O L Jones
Mr A G Jones





REGISTERED OFFICE: Llety
Gwyddelwern
Corwen
Denbighshire
LL21 9EE





REGISTERED NUMBER: 12293187 (England and Wales)





ACCOUNTANTS: Dunn & Ellis Cyf
Chartered Accountants
Adeilad St David's Building
Stryd Lombard Street
Porthmadog
Gwynedd
LL49 9AP

T G Jones (Llety) Limited (Registered number: 12293187)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 112,800 136,559

CURRENT ASSETS
Debtors 5 198,029 105,423
Cash at bank 79,374 186,010
277,403 291,433
CREDITORS
Amounts falling due within one year 6 391,274 412,810
NET CURRENT LIABILITIES (113,871 ) (121,377 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,071

)

15,182

PROVISIONS FOR LIABILITIES 21,432 25,946
NET LIABILITIES (22,503 ) (10,764 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (22,603 ) (10,864 )
(22,503 ) (10,764 )

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

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

T G Jones (Llety) Limited (Registered number: 12293187)

Balance Sheet - continued
31 December 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 29 July 2024 and were signed on its behalf by:




Mr A G Jones - Director



Mr O L Jones - Director


T G Jones (Llety) Limited (Registered number: 12293187)

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

1. STATUTORY INFORMATION

T G Jones (Llety) Limited is a private company, limited by shares , registered in England and Wales. 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant & machinery - 20% Reducing balance
Fixtures & fittings - 20% Reducing balance
Motor vehicles - 20% Reducing balance
Computer Equipment- 20% Reducing balance

Fixed assets are stated at their cost prices, less accumulated depreciation and less amounts recognised in respect of impairment

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

T G Jones (Llety) Limited (Registered number: 12293187)

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

2. ACCOUNTING POLICIES - continued

Going concern
The accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company for at least 12 months from the date of signature.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 219,696
Additions 4,441
At 31 December 2023 224,137
DEPRECIATION
At 1 January 2023 83,137
Charge for year 28,200
At 31 December 2023 111,337
NET BOOK VALUE
At 31 December 2023 112,800
At 31 December 2022 136,559

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 178,029 85,423
Other debtors 20,000 20,000
198,029 105,423

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 33,887 41,464
Taxation and social security 14,480 7,563
Other creditors 342,907 363,783
391,274 412,810

T G Jones (Llety) Limited (Registered number: 12293187)

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

7. RELATED PARTY DISCLOSURES

The directors loan account was in credit throughout the period and at the year end had a balance of £341,137 (2022: £362,137) owing to the directors.

Other debtors include £20,000 owed from Lelo Skip Hire Ltd, a company in which Mr A G Jones & O L Jones are directors.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
T G Jones (Llety) Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of T G Jones (Llety) Limited for the year ended 31 December 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of T G Jones (Llety) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of T G Jones (Llety) Limited and state those matters that we have agreed to state to the Board of Directors of T G Jones (Llety) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than T G Jones (Llety) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that T G Jones (Llety) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of T G Jones (Llety) Limited. You consider that T G Jones (Llety) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of T G Jones (Llety) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Dunn & Ellis Cyf
Chartered Accountants
Adeilad St David's Building
Stryd Lombard Street
Porthmadog
Gwynedd
LL49 9AP


Date: .............................................