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REGISTERED NUMBER: 00436584 (England and Wales)










A. J. Prichard (Deganwy) Limited

Unaudited Financial Statements

for the Year Ended 31 March 2024






A. J. Prichard (Deganwy) Limited (Registered number: 00436584)






Contents of the Financial Statements
for the year ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


A. J. Prichard (Deganwy) Limited

Company Information
for the year ended 31 March 2024







DIRECTORS: Ms N E Brown
Mr P D Webster
Mrs S L Moss
Mrs N S Collins





SECRETARY: Ms N E Brown





REGISTERED OFFICE: Park Cottage
Gannock Park
Deganwy
County Of Conwy
LL31 9PZ





REGISTERED NUMBER: 00436584 (England and Wales)





ACCOUNTANTS: Salisbury & Company
Chartered Accountants
Irish Square
Upper Denbigh Road
St Asaph
Denbighshire
LL17 0RN

A. J. Prichard (Deganwy) Limited (Registered number: 00436584)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 671,687 627,253

CURRENT ASSETS
Debtors 5 2,155 2,346
Cash at bank and in hand 16,799 47,308
18,954 49,654
CREDITORS
Amounts falling due within one year 6 1,093 1,093
NET CURRENT ASSETS 17,861 48,561
TOTAL ASSETS LESS CURRENT
LIABILITIES

689,548

675,814

PROVISIONS FOR LIABILITIES 76,362 70,541
NET ASSETS 613,186 605,273

CAPITAL AND RESERVES
Called up share capital 18,000 18,000
Revaluation reserve 7 267,777 242,428
Retained earnings 327,409 344,845
613,186 605,273

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

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 30 September 2024 and were signed on its behalf by:





Ms N E Brown - Director


A. J. Prichard (Deganwy) Limited (Registered number: 00436584)

Notes to the Financial Statements
for the year ended 31 March 2024

1. STATUTORY INFORMATION

A. J. Prichard (Deganwy) 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 NIL (2023 - NIL).

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2023 627,253
Additions 54,241
Disposals (34,913 )
Revaluations 25,106
At 31 March 2024 671,687
NET BOOK VALUE
At 31 March 2024 671,687
At 31 March 2023 627,253

A. J. Prichard (Deganwy) Limited (Registered number: 00436584)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

4. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 March 2024 is represented by:

Other
investments
£   
Valuation in 2020 149,347
Valuation in 2021 94,288
Valuation in 2022 95,224
Valuation in 2023 (46,470 )
Valuation in 2024 25,106
Cost 354,192
671,687

If fixed asset investments had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 348,613 330,374

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 2,155 2,346

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 1,093 1,093

7. RESERVES
Revaluation
reserve
£   
At 1 April 2023 242,428
Transfer between funds 25,349

At 31 March 2024 267,777