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Company registration number: 04665100
Pentre Bach Ni Cyfyngedig
Unaudited filleted financial statements
28 February 2024
Pentre Bach Ni Cyfyngedig
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
Pentre Bach Ni Cyfyngedig
Directors and other information
Directors Mrs Ifana Mary Savill
Mr Adrian Walter Savill
Mr Huw Gwion Savill
Secretary H G Savill
Company number 04665100
Registered office Neuadd y Pentref
Blaenpennal
Aberystwyth
Ceredigion
SY23 4TW
Business address Neuadd y Pentref
Blaenpennal
Aberystwyth
SY23 4TW
Accountants Davies Lewis Baker
31 Bridge Street
Aberystwyth
Ceredigion
SY23 1QB
Bankers NatWest
Station Road
Tregaron
Ceredigion
SY25 6HU
Pentre Bach Ni Cyfyngedig
Report to the board of directors on the preparation of the
unaudited statutory financial statements of Pentre Bach Ni Cyfyngedig
Year ended 28 February 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Pentre Bach Ni Cyfyngedig for the year ended 28 February 2024 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/ gb/en/about-us/regulation/rulebook.html.
This report is made solely to the board of directors of Pentre Bach Ni Cyfyngedig, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Pentre Bach Ni Cyfyngedig and state those matters that we have agreed to state to the board of directors of Pentre Bach Ni Cyfyngedig as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global /Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Pentre Bach Ni Cyfyngedig and its board of directors as a body for our work or for this report.
It is your duty to ensure that Pentre Bach Ni Cyfyngedig has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Pentre Bach Ni Cyfyngedig. You consider that Pentre Bach Ni Cyfyngedig is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Pentre Bach Ni Cyfyngedig. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Davies Lewis Baker
Association of Chartered Certified Accountants
31 Bridge Street
Aberystwyth
Ceredigion
SY23 1QB
11 November 2024
Pentre Bach Ni Cyfyngedig
Statement of financial position
28 February 2024
2024 2023
£ £
Fixed assets 234,332 245,832
_______ _______
Current assets 675 7,664
Creditors: amounts falling due within one year ( 579,851) ( 563,689)
_______ _______
Net current liabilities ( 579,176) ( 556,025)
_______ _______
Total assets less current liabilities ( 344,844) ( 310,193)
Creditors: amounts falling due after more than one year ( 86,629) ( 94,091)
Accruals and deferred income ( 3,165) ( 2,650)
_______ _______
Net liabilities ( 434,638) ( 406,934)
_______ _______
Capital and reserves ( 434,638) ( 406,934)
_______ _______
Notes to the financial statements
Pentre Bach Ni Cyfyngedig
Year ended 28 February 2024
1. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2023: 2 ).
2. Directors advances, credits and guarantees
The company owes its directors AW & IM Savill £375,727 (2023 £363,598) and HG Savill £179,747 (2023 £171,094). No interest is charged and no set repayment terms have been agreed. The directors are the main creditors of the company.
3. Going Concern
The lease for the land and buildings expired on 28th February 2017. The company remains heavily reliant on its directors for its financing needs and operating site. The directors consider the use of the going concern basis is appropriate as there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.
For the year ending 28 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 11 November 2024 , and are signed on behalf of the board by:
Mrs Ifana Mary Savill Mr Adrian Walter Savill
Director Director
Company registration number: 04665100
The company is a private company limited by shares, registered in Wales.