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REGISTERED NUMBER: 04944476 (England and Wales)










REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2023

FOR

DAFARN RHOS LIMITED

DAFARN RHOS LIMITED (REGISTERED NUMBER: 04944476)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023




Page

Company Information 1

Report of the Directors 2

Balance Sheet 3 to 4

Notes to the Financial Statements 5 to 7


DAFARN RHOS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2023







DIRECTORS: Mr R Owen
Mrs M E Owen



SECRETARY: Mrs M E Owen



REGISTERED OFFICE: Dafarn Rhos
Lligwy Beach
Moelfre
Anglesey
Gwynedd
LL72 8NN



REGISTERED NUMBER: 04944476 (England and Wales)



ACCOUNTANTS: Cadishead Accountancy Services Limited
Britannic House
657 Liverpool Road
Irlam
Manchester
Lancashire
M44 5XD



BANKERS: HSBC Plc
High Street
Llangefni
Ynys Mon
LL77 7LU

DAFARN RHOS LIMITED (REGISTERED NUMBER: 04944476)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 31ST DECEMBER 2023

The directors present their report with the financial statements of the company for the year ended 31st December 2023.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of a campsite and rental of holiday homes.

DIRECTORS
The directors set out in the table below have held office during the whole of the period from 1st January 2023 to the date of this report.

The beneficial interests of the directors holding office at 31st December 2023 in the shares of the company, according to the register of directors' interests, were as follows:

31.12.23 1.1.23
Ordinary shares of £1 each
Mr R Owen 1 1
Mrs M E Owen 1 1

These directors did not hold any non-beneficial interests in the shares of the company.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mrs M E Owen - Director


23rd September 2024

DAFARN RHOS LIMITED (REGISTERED NUMBER: 04944476)

BALANCE SHEET
31ST DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 324,387 323,204
324,387 323,204

CURRENT ASSETS
Debtors 5 8,557 34,866
Prepayments and accrued income 10,506 21,448
Cash at bank and in hand 49,845 37,060
68,908 93,374
CREDITORS
Amounts falling due within one year 6 144,294 135,084
NET CURRENT LIABILITIES (75,386 ) (41,710 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

249,001

281,494

CREDITORS
Amounts falling due after more than one
year

7

(1,024

)

-

PROVISIONS FOR LIABILITIES (38,054 ) (38,655 )
NET ASSETS 209,923 242,839

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 209,921 242,837
SHAREHOLDERS' FUNDS 209,923 242,839

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.

DAFARN RHOS LIMITED (REGISTERED NUMBER: 04944476)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23rd September 2024 and were signed on its behalf by:





Mrs M E Owen - Director


DAFARN RHOS LIMITED (REGISTERED NUMBER: 04944476)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023

1. STATUTORY INFORMATION

Dafarn Rhos 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - at variable rates on reducing balance and at varying rates on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

DAFARN RHOS LIMITED (REGISTERED NUMBER: 04944476)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 9 ) .

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1st January 2023 119,756 483,587 9,599 7,531 620,473
Additions - 61,851 - 560 62,411
Disposals - (8,000 ) (2,495 ) - (10,495 )
At 31st December 2023 119,756 537,438 7,104 8,091 672,389
DEPRECIATION
At 1st January 2023 - 283,657 8,229 5,383 297,269
Charge for year - 59,721 246 656 60,623
Eliminated on disposal - (7,779 ) (2,111 ) - (9,890 )
At 31st December 2023 - 335,599 6,364 6,039 348,002
NET BOOK VALUE
At 31st December 2023 119,756 201,839 740 2,052 324,387
At 31st December 2022 119,756 199,930 1,370 2,148 323,204

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1st January 2023 8,000
Additions 42,500
Disposals (8,000 )
At 31st December 2023 42,500
DEPRECIATION
At 1st January 2023 7,779
Charge for year 7,969
Eliminated on disposal (7,779 )
At 31st December 2023 7,969
NET BOOK VALUE
At 31st December 2023 34,531
At 31st December 2022 221

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 8,557 34,866

DAFARN RHOS LIMITED (REGISTERED NUMBER: 04944476)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 246 215
Hire purchase contracts 6,287 -
Trade creditors 2,609 33,200
Taxation and social security 2,371 1,211
Other creditors 132,781 100,458
144,294 135,084

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Hire purchase contracts 1,024 -

8. RELATED PARTY DISCLOSURES

Mr R and Mrs E Owen
Property rental

The property that the company rents is owned by its directors. During the year rent of £16,900 (2022
£ 16,900) was charged.

9. ULTIMATE CONTROLLING PARTY

The company is under the control of its Directors.