1 July 2023 false No description of principal activity Taxfiler 2024.5 05805493business:PrivateLimitedCompanyLtd2023-07-012024-06-30 058054932023-06-30 058054932023-07-012024-06-30 05805493business:AuditExemptWithAccountantsReport2023-07-012024-06-30 05805493business:FilletedAccounts2023-07-012024-06-30 058054932024-06-30 05805493business:Director12023-07-012024-06-30 05805493business:Director22023-07-012024-06-30 05805493business:Director32023-07-012024-06-30 05805493business:Director42023-07-012024-06-30 05805493business:CompanySecretary12023-07-012024-06-30 05805493business:RegisteredOffice2023-07-012024-06-30 058054932023-06-30 05805493core:WithinOneYear2024-06-30 05805493core:WithinOneYear2023-06-30 05805493core:AfterOneYear2024-06-30 05805493core:AfterOneYear2023-06-30 05805493core:ShareCapitalcore:PreviouslyStatedAmount2024-06-30 05805493core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 05805493core:CapitalRedemptionReservecore:PreviouslyStatedAmount2024-06-30 05805493core:CapitalRedemptionReservecore:PreviouslyStatedAmount2023-06-30 05805493core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-06-30 05805493core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 05805493core:PreviouslyStatedAmount2024-06-30 05805493core:PreviouslyStatedAmount2023-06-30 05805493business:SmallEntities2023-07-012024-06-30 05805493countries:EnglandWales2023-07-012024-06-30 05805493core:MotorVehicles2023-07-012024-06-30 05805493core:FurnitureFittings2023-07-012024-06-30 05805493core:MotorVehicles2023-06-30 05805493core:FurnitureFittings2023-06-30 05805493core:MotorVehicles2024-06-30 05805493core:FurnitureFittings2024-06-30 058054932022-07-012023-06-30 iso4217:GBP xbrli:pure
Company Registration No. 05805493 (England and Wales)
Abertysswg RFC Limited Unaudited accounts for the year ended 30 June 2024
Abertysswg RFC Limited Unaudited accounts Contents
Page
- 2 -
Abertysswg RFC Limited Company Information for the year ended 30 June 2024
Directors
J Diggle D R Challenger W Pugh N Theophilus
Secretary
J Diggle
Company Number
05805493 (England and Wales)
Registered Office
The Green Abertysswg Tredegar NP22 5AH
Accountants
R H Jeffs & Rowe Ltd 27-28 Gelliwastad Road Pontypridd CF37 2BW
- 3 -
Abertysswg RFC Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
15,124 
17,792 
Current assets
Inventories
3,652 
3,750 
Cash at bank and in hand
6,285 
7,708 
9,937 
11,458 
Creditors: amounts falling due within one year
(8,374)
(7,899)
Net current assets
1,563 
3,559 
Total assets less current liabilities
16,687 
21,351 
Creditors: amounts falling due after more than one year
(7,037)
(11,024)
Net assets
9,650 
10,327 
Capital and reserves
Called up share capital
4 
4 
Capital redemption reserve
25,000 
25,000 
Profit and loss account
(15,354)
(14,677)
Shareholders' funds
9,650 
10,327 
For the year ending 30 June 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
J Diggle Director Company Registration No. 05805493
- 4 -
Abertysswg RFC Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Abertysswg RFC Limited is a private company, limited by shares, registered in England and Wales, registration number 05805493. The registered office is The Green, Abertysswg, Tredegar, NP22 5AH.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Motor vehicles
25% on Written down value
Fixtures & fittings
15% on Written down value
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
- 5 -
Abertysswg RFC Limited Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2023
25,728 
30,356 
56,084 
At 30 June 2024
25,728 
30,356 
56,084 
Depreciation
At 1 July 2023
20,625 
17,667 
38,292 
Charge for the year
765 
1,903 
2,668 
At 30 June 2024
21,390 
19,570 
40,960 
Net book value
At 30 June 2024
4,338 
10,786 
15,124 
At 30 June 2023
5,103 
12,689 
17,792 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
4,009 
3,976 
VAT
1,374 
1,947 
Trade creditors
2,991 
1,682 
Taxes and social security
- 
294 
8,374 
7,899 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
7,037 
11,024 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -