IRIS Accounts Production v24.3.0.553 08371964 Board of Directors Board of Directors 1.2.23 31.1.24 31.1.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh083719642023-01-31083719642024-01-31083719642023-02-012024-01-31083719642022-01-31083719642022-02-012023-01-31083719642023-01-3108371964ns15:Wales2023-02-012024-01-3108371964ns14:PoundSterling2023-02-012024-01-3108371964ns10:Director12023-02-012024-01-3108371964ns10:Director22023-02-012024-01-3108371964ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3108371964ns10:SmallEntities2023-02-012024-01-3108371964ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3108371964ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3108371964ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3108371964ns10:FullAccounts2023-02-012024-01-310837196412023-02-012024-01-3108371964ns10:Director32023-02-012024-01-3108371964ns10:Director42023-02-012024-01-3108371964ns10:CompanySecretary12023-02-012024-01-3108371964ns10:RegisteredOffice2023-02-012024-01-3108371964ns5:CurrentFinancialInstruments2024-01-3108371964ns5:CurrentFinancialInstruments2023-01-3108371964ns5:ShareCapital2024-01-3108371964ns5:ShareCapital2023-01-3108371964ns5:RetainedEarningsAccumulatedLosses2024-01-3108371964ns5:RetainedEarningsAccumulatedLosses2023-01-3108371964ns5:NetGoodwill2023-02-012024-01-3108371964ns5:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3108371964ns5:NetGoodwill2023-01-3108371964ns5:NetGoodwill2024-01-3108371964ns5:NetGoodwill2023-01-3108371964ns5:CostValuation2023-01-3108371964ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-01-3108371964ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-3108371964ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2024-01-3108371964ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2023-01-31
REGISTERED NUMBER: 08371964 (Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JANUARY 2024

FOR

RHOS CYF

RHOS CYF (REGISTERED NUMBER: 08371964)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RHOS CYF

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST JANUARY 2024







DIRECTORS: Mr G. Hughes
Mrs E. A. Hughes
Mrs F. W. Jones
Miss L. Hughes





SECRETARY: Mrs E. A. Hughes





REGISTERED OFFICE: Cartref Rhos
Malltraeth
Bodorgan
Ynys Mon
LL62 5AE





REGISTERED NUMBER: 08371964 (Wales)





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

RHOS CYF (REGISTERED NUMBER: 08371964)

BALANCE SHEET
31ST JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 225,000 247,500
Investments 5 650,023 650,023
875,023 897,523

CURRENT ASSETS
Debtors 6 78,351 253,538
Cash at bank 694,673 337,734
773,024 591,272
CREDITORS
Amounts falling due within one year 7 333,828 247,538
NET CURRENT ASSETS 439,196 343,734
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,314,219

1,241,257

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,314,119 1,241,157
1,314,219 1,241,257

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

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

RHOS CYF (REGISTERED NUMBER: 08371964)

BALANCE SHEET - continued
31ST JANUARY 2024


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 October 2024 and were signed on its behalf by:




Mrs E. A. Hughes - Director



Mr G. Hughes - Director


RHOS CYF (REGISTERED NUMBER: 08371964)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2024

1. STATUTORY INFORMATION

Rhos 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 42 (2023 - 37 ) .

RHOS CYF (REGISTERED NUMBER: 08371964)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JANUARY 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st February 2023 247,500
Impairments (22,500 )
At 31st January 2024 225,000
NET BOOK VALUE
At 31st January 2024 225,000
At 31st January 2023 247,500

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1st February 2023
and 31st January 2024 650,023
NET BOOK VALUE
At 31st January 2024 650,023
At 31st January 2023 650,023

6. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 78,351 92,382
Other debtors - 141,156
78,351 233,538

Amounts falling due after more than one year:
Other debtors - 20,000

Aggregate amounts 78,351 253,538

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 87,722 55,087
Taxation and social security 61,232 43,275
Other creditors 184,874 149,176
333,828 247,538