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REGISTERED NUMBER: 12361345 (Wales)















Unaudited Financial Statements for the Year Ended 31st December 2023

for

Bryn Noddfa Cyf.

Bryn Noddfa Cyf. (Registered number: 12361345)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bryn Noddfa Cyf.

Company Information
for the Year Ended 31st December 2023







DIRECTORS: Mr H G Griffith
Mr J W L Hind





REGISTERED OFFICE: Two Yews Lon Uchaf
Morfa Nefyn
Pwllheli
Gwynedd
LL53 6AH





REGISTERED NUMBER: 12361345 (Wales)





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

Bryn Noddfa Cyf. (Registered number: 12361345)

Balance Sheet
31st December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 388,802 386,635

CURRENT ASSETS
Stocks 3,000 3,000
Cash at bank 28,520 23,025
31,520 26,025
CREDITORS
Amounts falling due within one year 5 146,257 146,794
NET CURRENT LIABILITIES (114,737 ) (120,769 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

274,065

265,866

CREDITORS
Amounts falling due after more than one
year

6

(242,662

)

(255,876

)

PROVISIONS FOR LIABILITIES (6,987 ) -
NET ASSETS 24,416 9,990

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 24,414 9,988
SHAREHOLDERS' FUNDS 24,416 9,990

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

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

Bryn Noddfa Cyf. (Registered number: 12361345)

Balance Sheet - continued
31st 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 19th September 2024 and were signed on its behalf by:




Mr H G Griffith - Director



Mr J W L Hind - Director


Bryn Noddfa Cyf. (Registered number: 12361345)

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

1. STATUTORY INFORMATION

Bryn Noddfa Cyf. is a private company, limited by shares , registered in 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 and machinery - 20% reducing balance
Fixtures and fittings - 20% reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 3 ) .

Bryn Noddfa Cyf. (Registered number: 12361345)

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st January 2023 352,027 55,156 407,183
Additions - 11,361 11,361
At 31st December 2023 352,027 66,517 418,544
DEPRECIATION
At 1st January 2023 - 20,548 20,548
Charge for year - 9,194 9,194
At 31st December 2023 - 29,742 29,742
NET BOOK VALUE
At 31st December 2023 352,027 36,775 388,802
At 31st December 2022 352,027 34,608 386,635

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Taxation and social security 1,448 -
Other creditors 144,809 146,794
146,257 146,794

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Other creditors 242,662 255,876

7. RELATED PARTY DISCLOSURES

The directors loan account was in credit throughout the year.