1 December 2022 true No description of principal activity Taxfiler 2024.5 12877624business:PrivateLimitedCompanyLtd2022-12-012023-11-30 128776242022-11-30 12877624business:EntityNoLongerTradingButTradedInPast2022-12-012023-11-30 128776242022-12-012023-11-30 12877624business:AuditExempt-NoAccountantsReport2022-12-012023-11-30 12877624business:FilletedAccounts2022-12-012023-11-30 128776242023-11-30 12877624business:Director12022-12-012023-11-30 12877624business:Director22022-12-012023-11-30 12877624business:RegisteredOffice2022-12-012023-11-30 128776242022-11-30 12877624core:WithinOneYear2023-11-30 12877624core:WithinOneYear2022-11-30 12877624core:AfterOneYear2023-11-30 12877624core:AfterOneYear2022-11-30 12877624core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 12877624core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 12877624core:RevaluationReservecore:PreviouslyStatedAmount2023-11-30 12877624core:RevaluationReservecore:PreviouslyStatedAmount2022-11-30 12877624core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 12877624core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 12877624core:PreviouslyStatedAmount2023-11-30 12877624core:PreviouslyStatedAmount2022-11-30 12877624business:SmallEntities2022-12-012023-11-30 12877624countries:EnglandWales2022-12-012023-11-30 12877624core:LandBuildings2022-11-30 12877624core:LandBuildings2022-12-012023-11-30 12877624core:LandBuildings2023-11-30 128776242021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. 12877624 (England and Wales)
Gwernos Limited Unaudited accounts for the year ended 30 November 2023
Gwernos Limited Unaudited accounts Contents
Page
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Gwernos Limited Company Information for the year ended 30 November 2023
Directors
Gethin Edwards Sally Edwards
Company Number
12877624 (England and Wales)
Registered Office
Embassy Offices, Stangate House Stanwell Road Penarth CF64 2AA
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Gwernos Limited Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
200,000 
- 
Current assets
Inventories
- 
14,850 
Debtors
100 
- 
Cash at bank and in hand
- 
100 
100 
14,950 
Creditors: amounts falling due within one year
(52,399)
(14,850)
Net current (liabilities)/assets
(52,299)
100 
Total assets less current liabilities
147,701 
100 
Creditors: amounts falling due after more than one year
(96,363)
- 
Net assets
51,338 
100 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
69,122 
- 
Profit and loss account
(17,884)
- 
Shareholders' funds
51,338 
100 
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 August 2024 and were signed on its behalf by
Gethin Edwards Director Company Registration No. 12877624
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Gwernos Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Gwernos Limited is a private company, limited by shares, registered in England and Wales, registration number 12877624. The registered office is Embassy Offices, Stangate House, Stanwell Road, Penarth, CF64 2AA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Charges
Bath and West Finance 3 Limited holds a fixed and floating charge and a negative pledge dated 16 February 2023 over Gwernos Limited on all monies, obligations and liabilities which may be due to Bath and West Finance 3 Limited now and in the future. (charge code 128776240002) Bath and West Finance 3 Limited holds a fixed and floating charge and a negative pledge dated 16 February 2023 over Gwernos Limited on all monies, obligations and liabilities which may be due to Bath and West Finance 3 Limited now and in the future. (charge code 128776240001)
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Gwernos Limited Notes to the Accounts for the year ended 30 November 2023
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At valuation 
At 1 December 2022
- 
Additions
130,877 
Revaluations
69,123 
At 30 November 2023
200,000 
Depreciation
At 30 November 2023
- 
Net book value
At 30 November 2023
200,000 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
100 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Amounts owed to group undertakings and other participating interests
52,399 
14,850 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
96,363 
- 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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