IRIS Accounts Production v24.3.0.553 13047820 Board of Directors 1.5.23 30.4.24 30.4.24 0 0 false true false false true false Fair value model Ordinary B 1.00000 Ordinary A 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh130478202023-04-30130478202024-04-30130478202023-05-012024-04-30130478202022-04-30130478202022-05-012023-04-30130478202023-04-3013047820ns15:EnglandWales2023-05-012024-04-3013047820ns14:PoundSterling2023-05-012024-04-3013047820ns10:Director12023-05-012024-04-3013047820ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3013047820ns10:SmallEntities2023-05-012024-04-3013047820ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3013047820ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3013047820ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3013047820ns10:FullAccounts2023-05-012024-04-3013047820ns10:OrdinaryShareClass22023-05-012024-04-3013047820ns10:OrdinaryShareClass32023-05-012024-04-3013047820ns10:Director22023-05-012024-04-3013047820ns10:CompanySecretary12023-05-012024-04-3013047820ns10:RegisteredOffice2023-05-012024-04-3013047820ns5:CurrentFinancialInstruments2024-04-3013047820ns5:CurrentFinancialInstruments2023-04-3013047820ns5:ShareCapital2024-04-3013047820ns5:ShareCapital2023-04-3013047820ns5:RetainedEarningsAccumulatedLosses2024-04-3013047820ns5:RetainedEarningsAccumulatedLosses2023-04-3013047820ns5:CostValuation2023-04-3013047820ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3013047820ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3013047820ns10:OrdinaryShareClass22024-04-3013047820ns10:OrdinaryShareClass32024-04-30
REGISTERED NUMBER: 13047820 (England and Wales)















DAVIES TIMBERS (WALES) HOLDINGS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2024






DAVIES TIMBERS (WALES) HOLDINGS LIMITED (REGISTERED NUMBER: 13047820)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DAVIES TIMBERS (WALES) HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH APRIL 2024







DIRECTORS: J P Davies
R H Davies





SECRETARY: R H Davies





REGISTERED OFFICE: Unit 5 Blaenwern
Avondale Industrial Estate
Cwmbran
Torfaen
NP44 1TY





REGISTERED NUMBER: 13047820 (England and Wales)





ACCOUNTANTS: Green & Co
Chartered Certified Accountants
Pembroke House
Llantarnam Park Way
Cwmbran
Torfaen
NP44 3AU

DAVIES TIMBERS (WALES) HOLDINGS LIMITED (REGISTERED NUMBER: 13047820)

BALANCE SHEET
30TH APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 100 100
Investment property 5 345,810 345,810
345,910 345,910

CURRENT ASSETS
Debtors 6 59,239 43,922
Cash at bank 12,836 38,840
72,075 82,762
CREDITORS
Amounts falling due within one year 7 46,823 38,419
NET CURRENT ASSETS 25,252 44,343
TOTAL ASSETS LESS CURRENT
LIABILITIES

371,162

390,253

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 371,062 390,153
SHAREHOLDERS' FUNDS 371,162 390,253

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 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.

DAVIES TIMBERS (WALES) HOLDINGS LIMITED (REGISTERED NUMBER: 13047820)

BALANCE SHEET - continued
30TH APRIL 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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16th October 2024 and were signed on its behalf by:





J P Davies - Director


DAVIES TIMBERS (WALES) HOLDINGS LIMITED (REGISTERED NUMBER: 13047820)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024

1. STATUTORY INFORMATION

Davies Timbers (Wales) Holdings 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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.

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 NIL (2023 - NIL).

DAVIES TIMBERS (WALES) HOLDINGS LIMITED (REGISTERED NUMBER: 13047820)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1st May 2023
and 30th April 2024 100
NET BOOK VALUE
At 30th April 2024 100
At 30th April 2023 100

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st May 2023
and 30th April 2024 345,810
NET BOOK VALUE
At 30th April 2024 345,810
At 30th April 2023 345,810

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 56,039 43,922
Other debtors 3,200 -
59,239 43,922

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Corporation Tax 231 14,810
Directors' current accounts 45,870 22,935
Accruals and deferred income 722 674
46,823 38,419

DAVIES TIMBERS (WALES) HOLDINGS LIMITED (REGISTERED NUMBER: 13047820)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
50 Ordinary B £1 50 50
50 Ordinary A £1 50 50
100 100

9. RELATED PARTY DISCLOSURES

The company had the following outstanding directors loans at the period end:
- J P Davies was owed £22,935 (2023: £22,935)
- R H Davies was owed £22,935 (2023: £0)