Company Registration No. 10585249 (England and Wales)
Pant-y-wal Farm Limited
Unaudited accounts
for the year ended 31 January 2024
Pant-y-wal Farm Limited
Unaudited accounts
Contents
Pant-y-wal Farm Limited
Company Information
for the year ended 31 January 2024
Directors
Matthew Hewitt
Nerys Jones
Company Number
10585249 (England and Wales)
Registered Office
PANT-Y-WAL FARM BRECON ROAD
PENYCAE
SWANSEA
SA9 1GH
WALES
Accountants
RGS Accountants Limited
5 Commercial Street
Ystradgynlais
Swansea
SA9 1HD
Pant-y-wal Farm Limited
Statement of financial position
as at 31 January 2024
Tangible assets
22,613
25,236
Cash at bank and in hand
1,431
7,613
Creditors: amounts falling due within one year
(900)
(900)
Net current assets
1,139
6,713
Total assets less current liabilities
23,752
31,949
Creditors: amounts falling due after more than one year
(189,890)
(176,364)
Net liabilities
(166,138)
(144,415)
Called up share capital
1
1
Profit and loss account
(166,139)
(144,416)
Shareholders' funds
(166,138)
(144,415)
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 October 2024 and were signed on its behalf by
Nerys Jones
Director
Company Registration No. 10585249
Pant-y-wal Farm Limited
Notes to the Accounts
for the year ended 31 January 2024
Pant-y-wal Farm Limited is a private company, limited by shares, registered in England and Wales, registration number 10585249. The registered office is PANT-Y-WAL FARM BRECON ROAD, PENYCAE, SWANSEA, SA9 1GH, WALES.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Straight line method - 3%
Plant & machinery
Straight line method - 3 years
Motor vehicles
Reducing Balance - 18%
Computer equipment
Straight line method - 3 years
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 February 2023
14,066
43,884
29,000
911
87,861
At 31 January 2024
14,066
43,884
29,000
911
87,861
At 1 February 2023
1,056
43,884
16,774
911
62,625
Charge for the year
422
-
2,201
-
2,623
At 31 January 2024
1,478
43,884
18,975
911
65,248
At 31 January 2024
12,588
-
10,025
-
22,613
At 31 January 2023
13,010
-
12,226
-
25,236
Amounts falling due within one year
Pant-y-wal Farm Limited
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
189,890
176,364
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).