2023-04-012024-03-312024-03-31false10854940GWYNFIL HOLDINGS LTD2024-06-0668209iso4217:GBPxbrli:pure108549402023-04-01108549402024-03-31108549402023-04-012024-03-31108549402022-04-01108549402023-03-31108549402022-04-012023-03-3110854940bus:SmallEntities2023-04-012024-03-3110854940bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3110854940bus:FullAccounts2023-04-012024-03-3110854940bus:PrivateLimitedCompanyLtd2023-04-012024-03-3110854940core:WithinOneYear2024-03-3110854940core:AfterOneYear2024-03-3110854940core:WithinOneYear2023-03-3110854940core:AfterOneYear2023-03-3110854940core:ShareCapital2024-03-3110854940core:SharePremium2024-03-3110854940core:RevaluationReserve2024-03-3110854940core:OtherReservesSubtotal2024-03-3110854940core:RetainedEarningsAccumulatedLosses2024-03-3110854940core:ShareCapital2023-03-3110854940core:SharePremium2023-03-3110854940core:RevaluationReserve2023-03-3110854940core:OtherReservesSubtotal2023-03-3110854940core:RetainedEarningsAccumulatedLosses2023-03-3110854940core:LandBuildings2024-03-3110854940core:PlantMachinery2024-03-3110854940core:Vehicles2024-03-3110854940core:FurnitureFittings2024-03-3110854940core:OfficeEquipment2024-03-3110854940core:NetGoodwill2024-03-3110854940core:IntangibleAssetsOtherThanGoodwill2024-03-3110854940core:ListedExchangeTraded2024-03-3110854940core:UnlistedNon-exchangeTraded2024-03-3110854940core:LandBuildings2023-03-3110854940core:PlantMachinery2023-03-3110854940core:Vehicles2023-03-3110854940core:FurnitureFittings2023-03-3110854940core:OfficeEquipment2023-03-3110854940core:NetGoodwill2023-03-3110854940core:IntangibleAssetsOtherThanGoodwill2023-03-3110854940core:ListedExchangeTraded2023-03-3110854940core:UnlistedNon-exchangeTraded2023-03-3110854940core:LandBuildings2023-04-012024-03-3110854940core:PlantMachinery2023-04-012024-03-3110854940core:Vehicles2023-04-012024-03-3110854940core:FurnitureFittings2023-04-012024-03-3110854940core:OfficeEquipment2023-04-012024-03-3110854940core:NetGoodwill2023-04-012024-03-3110854940core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3110854940core:ListedExchangeTraded2023-04-012024-03-3110854940core:UnlistedNon-exchangeTraded2023-04-012024-03-3110854940core:MoreThanFiveYears2023-04-012024-03-3110854940core:Non-currentFinancialInstruments2024-03-3110854940core:Non-currentFinancialInstruments2023-03-3110854940dpl:CostSales2023-04-012024-03-3110854940dpl:DistributionCosts2023-04-012024-03-3110854940core:LandBuildings2023-04-012024-03-3110854940core:PlantMachinery2023-04-012024-03-3110854940core:Vehicles2023-04-012024-03-3110854940core:FurnitureFittings2023-04-012024-03-3110854940core:OfficeEquipment2023-04-012024-03-3110854940dpl:AdministrativeExpenses2023-04-012024-03-3110854940core:NetGoodwill2023-04-012024-03-3110854940core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3110854940dpl:GroupUndertakings2023-04-012024-03-3110854940dpl:ParticipatingInterests2023-04-012024-03-3110854940dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3110854940core:ListedExchangeTraded2023-04-012024-03-3110854940dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3110854940core:UnlistedNon-exchangeTraded2023-04-012024-03-3110854940dpl:CostSales2022-04-012023-03-3110854940dpl:DistributionCosts2022-04-012023-03-3110854940core:LandBuildings2022-04-012023-03-3110854940core:PlantMachinery2022-04-012023-03-3110854940core:Vehicles2022-04-012023-03-3110854940core:FurnitureFittings2022-04-012023-03-3110854940core:OfficeEquipment2022-04-012023-03-3110854940dpl:AdministrativeExpenses2022-04-012023-03-3110854940core:NetGoodwill2022-04-012023-03-3110854940core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3110854940dpl:GroupUndertakings2022-04-012023-03-3110854940dpl:ParticipatingInterests2022-04-012023-03-3110854940dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3110854940core:ListedExchangeTraded2022-04-012023-03-3110854940dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3110854940core:UnlistedNon-exchangeTraded2022-04-012023-03-3110854940core:NetGoodwill2024-03-3110854940core:IntangibleAssetsOtherThanGoodwill2024-03-3110854940core:LandBuildings2024-03-3110854940core:PlantMachinery2024-03-3110854940core:Vehicles2024-03-3110854940core:FurnitureFittings2024-03-3110854940core:OfficeEquipment2024-03-3110854940core:AfterOneYear2024-03-3110854940core:WithinOneYear2024-03-3110854940core:ListedExchangeTraded2024-03-3110854940core:UnlistedNon-exchangeTraded2024-03-3110854940core:ShareCapital2024-03-3110854940core:SharePremium2024-03-3110854940core:RevaluationReserve2024-03-3110854940core:OtherReservesSubtotal2024-03-3110854940core:RetainedEarningsAccumulatedLosses2024-03-3110854940core:NetGoodwill2023-03-3110854940core:IntangibleAssetsOtherThanGoodwill2023-03-3110854940core:LandBuildings2023-03-3110854940core:PlantMachinery2023-03-3110854940core:Vehicles2023-03-3110854940core:FurnitureFittings2023-03-3110854940core:OfficeEquipment2023-03-3110854940core:AfterOneYear2023-03-3110854940core:WithinOneYear2023-03-3110854940core:ListedExc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GWYNFIL HOLDINGS LTD

Registered Number
10854940
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

GWYNFIL HOLDINGS LTD
Company Information
for the year from 1 April 2023 to 31 March 2024

Director

EVANS, Gwern Gwynfil

Company Secretary

GRAY, Robert

Registered Address

The Old Convent Pje Accountants & Advisors
Llanbadarn Road
Aberystwyth
SY23 1EY

Registered Number

10854940 (England and Wales)
GWYNFIL HOLDINGS LTD
Balance Sheet as at
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3107,500107,500
Investments4199,995199,995
307,495307,495
Current assets
Debtors909910
Cash at bank and on hand5801,545
1,4892,455
Creditors amounts falling due within one year5(400,891)(392,175)
Net current assets (liabilities)(399,402)(389,720)
Total assets less current liabilities(91,907)(82,225)
Creditors amounts falling due after one year6(42,860)(45,780)
Net assets(134,767)(128,005)
Capital and reserves
Called up share capital10,00010,000
Profit and loss account(144,767)(138,005)
Shareholders' funds(134,767)(128,005)
The financial statements were approved and authorised for issue by the Director on 6 June 2024, and are signed on its behalf by:
EVANS, Gwern Gwynfil
Director
Registered Company No. 10854940
GWYNFIL HOLDINGS LTD
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
2.Average number of employees

20242023
Average number of employees during the year00
3.Tangible fixed assets

Land & buildings

Total

££
Cost or valuation
At 01 April 23107,500107,500
At 31 March 24107,500107,500
Net book value
At 31 March 24107,500107,500
At 31 March 23107,500107,500
4.Fixed asset investments

Investments in groups1

Total

££
Cost or valuation
At 01 April 23199,995199,995
At 31 March 24199,995199,995
Net book value
At 31 March 24199,995199,995
At 31 March 23199,995199,995

Notes

1Investments in group undertakings and participating interests
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables525-
Bank borrowings and overdrafts3,2473,574
Taxation and social security-452
Other creditors396,369387,969
Accrued liabilities and deferred income750180
Total400,891392,175
6.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts42,86045,780
Total42,86045,780