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REGISTERED NUMBER: 00866968 (Wales)
























Unaudited Financial Statements

for the Year Ended 31 January 2024

for

Llanharan Concrete Co. Limited

Llanharan Concrete Co. Limited (Registered number: 00866968)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Llanharan Concrete Co. Limited

Company Information
for the Year Ended 31 January 2024







Directors: Mrs B Cocco
N Cocco
A Cocco
Mrs S Taylor
M Browning





Secretary:





Registered office: Llanharry Road
Llanharan
Pontyclun
CF72 9RN





Registered number: 00866968 (Wales)





Accountants: Curtis Bowden & Thomas Limited
Chartered Certified Accountants
101 Dunraven Street
Tonypandy
CF40 1AR

Llanharan Concrete Co. Limited (Registered number: 00866968)

Statement of Financial Position
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
Fixed assets
Tangible assets 4 294,175 352,667
Investments 5 415,269 988,723
709,444 1,341,390

Current assets
Stocks 300,133 252,403
Debtors 6 346,932 261,595
Cash at bank 121,564 53,236
768,629 567,234
Creditors
Amounts falling due within one year 7 237,574 406,212
Net current assets 531,055 161,022
Total assets less current liabilities 1,240,499 1,502,412

Capital and reserves
Called up share capital 8 425 425
Other reserves 9 22,602 192,591
Retained earnings 9 1,217,472 1,309,396
Shareholders' funds 1,240,499 1,502,412

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 7 October 2024 and were signed on its behalf by:



N Cocco - Director


Llanharan Concrete Co. Limited (Registered number: 00866968)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. Statutory information

Llanharan Concrete Co. Limited 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 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Freehold property - 4% on cost
Improvements to property - in accordance with the property
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance

Fixed assets listed investments are shown at market value as at the balance sheet date.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Llanharan Concrete Co. Limited (Registered number: 00866968)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

2. Accounting policies - continued

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.

3. Employees and directors

The average number of employees during the year was 21 (2023 - 21 ) .

4. Tangible fixed assets
Improvements
Freehold to Plant and
property property machinery
£    £    £   
Cost
At 1 February 2023 17,203 504,962 2,789,809
Additions - - 32,064
Disposals - - (329,661 )
At 31 January 2024 17,203 504,962 2,492,212
Depreciation
At 1 February 2023 17,202 461,304 2,592,789
Charge for year - 3,641 56,403
Eliminated on disposal - - (325,385 )
At 31 January 2024 17,202 464,945 2,323,807
Net book value
At 31 January 2024 1 40,017 168,405
At 31 January 2023 1 43,658 197,020

Fixtures
and Motor
fittings vehicles Totals
£    £    £   
Cost
At 1 February 2023 74,049 579,267 3,965,290
Additions 1,739 - 33,803
Disposals (1,453 ) - (331,114 )
At 31 January 2024 74,335 579,267 3,667,979
Depreciation
At 1 February 2023 59,261 482,066 3,612,622
Charge for year 2,966 24,300 87,310
Eliminated on disposal (743 ) - (326,128 )
At 31 January 2024 61,484 506,366 3,373,804
Net book value
At 31 January 2024 12,851 72,901 294,175
At 31 January 2023 14,788 97,201 352,668

Llanharan Concrete Co. Limited (Registered number: 00866968)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

5. Fixed asset investments
Other
investments
£   
Cost or valuation
At 1 February 2023 988,723
Additions 681,314
Disposals (1,202,765 )
Revaluations (52,003 )
At 31 January 2024 415,269
Net book value
At 31 January 2024 415,269
At 31 January 2023 988,723

Cost or valuation at 31 January 2024 is represented by:

Other
investments
£   
Valuation in 2024 415,269

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

31.1.24 31.1.23
£    £   
Cost 385,464 925,849

6. Debtors: amounts falling due within one year
31.1.24 31.1.23
£    £   
Trade debtors 176,174 151,360
Other debtors 170,758 110,235
346,932 261,595

7. Creditors: amounts falling due within one year
31.1.24 31.1.23
£    £   
Trade creditors 188,241 357,688
Taxation and social security 21,563 32,765
Other creditors 27,770 15,759
237,574 406,212

8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
425 Ordinary £1 425 425

Llanharan Concrete Co. Limited (Registered number: 00866968)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

9. Reserves
Retained Other
earnings reserves Totals
£    £    £   

At 1 February 2023 1,309,397 192,591 1,501,988
Deficit for the year (261,914 ) (261,914 )
Reserve transfer 169,989 (169,989 ) -
At 31 January 2024 1,217,472 22,602 1,240,074

10. Ultimate controlling party

Mrs Beryl Cocco is the ultimate controlling party by virtue of her being the majority shareholder of the company