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REGISTERED NUMBER: 03775484















AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH NOVEMBER 2023

FOR

EMYR EVANS A'I GWMNI CYF

EMYR EVANS A'I GWMNI CYF (REGISTERED NUMBER: 03775484)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


EMYR EVANS A'I GWMNI CYF

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH NOVEMBER 2023







DIRECTORS: Mr Emyr Evans
Mrs Gwenda Evans
Mr R. G. Evans
Mr Berwyn Evans



SECRETARY: Mrs Gwenda Evans



REGISTERED OFFICE: 19 Gorseddfa
Criccieth
Gwynedd
LL52 0DW



REGISTERED NUMBER: 03775484



SENIOR STATUTORY AUDITOR: E R Williams



AUDITORS: Richard Williams & Co
Chartered Accountants
The Old Police Station
Gaerwen
Anglesey
LL60 6BL

EMYR EVANS A'I GWMNI CYF (REGISTERED NUMBER: 03775484)

BALANCE SHEET
30TH NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 3,463,754 3,143,810
Investments 4 - 818,373
3,463,754 3,962,183

CURRENT ASSETS
Stocks 5,376,690 5,437,060
Debtors 5 1,820,631 1,521,170
Cash at bank and in hand 1,580,396 695,654
8,777,717 7,653,884
CREDITORS
Amounts falling due within one year 6 2,379,643 2,287,714
NET CURRENT ASSETS 6,398,074 5,366,170
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,861,828

9,328,353

PROVISIONS FOR LIABILITIES 7 215,433 215,433
NET ASSETS 9,646,395 9,112,920

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 8 2,800,000 2,800,000
Retained earnings 6,846,295 6,312,820
SHAREHOLDERS' FUNDS 9,646,395 9,112,920

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 30th August 2024 and were signed on its behalf by:





Mr Emyr Evans - Director


EMYR EVANS A'I GWMNI CYF (REGISTERED NUMBER: 03775484)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2023

1. 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.

Leasehold property improvements over period of the lease per annum
Freehold Property 2% reducing balance
Motor vehicles 25% reducing balance
Plant, machinery and equipment 20% on cost
Fixtures and fittings 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

Grants received
Grants received as a contribution towards specific expenditure on fixed assets are held in a deferred income account and recognised in the profit and loss account over the estimated life of the related asset or over the lease term as appropriate.

Other grants received are recognised in the profit and loss account so as to match them with the expenditure to which they are intended to contribute.

EMYR EVANS A'I GWMNI CYF (REGISTERED NUMBER: 03775484)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2023

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 36 (2022 - 36 ) .

3. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st December 2022 1,416,950 2,582,725 3,999,675
Additions - 354,887 354,887
At 30th November 2023 1,416,950 2,937,612 4,354,562
DEPRECIATION
At 1st December 2022 161,415 694,450 855,865
Charge for year 4,662 30,281 34,943
At 30th November 2023 166,077 724,731 890,808
NET BOOK VALUE
At 30th November 2023 1,250,873 2,212,881 3,463,754
At 30th November 2022 1,255,535 1,888,275 3,143,810

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1st December 2022 818,373
Disposals (818,373 )
At 30th November 2023 -
NET BOOK VALUE
At 30th November 2023 -
At 30th November 2022 818,373

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 1,820,631 1,323,439
Other debtors - 197,731
1,820,631 1,521,170

EMYR EVANS A'I GWMNI CYF (REGISTERED NUMBER: 03775484)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,667,001 1,872,693
Taxation and social security 281,197 79,852
Other creditors 431,445 335,169
2,379,643 2,287,714

7. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 133,780 133,780
Other provisions 81,653 81,653
215,433 215,433

Deferred Other
tax provisions
£    £   
Balance at 1st December 2022 133,780 68,473
Movement during the period
Balance at 30th November 2023 133,780 68,473

8. RESERVES
Revaluation
reserve
£   
At 1st December 2022
and 30th November 2023 2,800,000

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

E R Williams (Senior Statutory Auditor)
for and on behalf of Richard Williams & Co

10. RELATED PARTY DISCLOSURES

The controlling party is Mr Emyr Evans.