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REGISTERED NUMBER: 11891885 (Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Carafanau Porthdinllaen Cyf

Carafanau Porthdinllaen Cyf (Registered number: 11891885)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Carafanau Porthdinllaen Cyf

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mr R G Williams
Mrs W P Williams
Mr J R Williams
Mrs S F Williams





REGISTERED OFFICE: Fferm Porthdinllaen
Morfa Nefyn
Pwllheli
Gwynedd
LL53 6DB





REGISTERED NUMBER: 11891885 (Wales)





ACCOUNTANTS: Dunn & Ellis Cyf
Chartered Accountants
Adeilad St David's Building
Stryd Lombard Street
Porthmadog
Gwynedd
LL49 9AP

Carafanau Porthdinllaen Cyf (Registered number: 11891885)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 24,650 26,446

CURRENT ASSETS
Debtors 5 141,070 57,723
Cash at bank 10,440 7,390
151,510 65,113
CREDITORS
Amounts falling due within one year 6 162,611 74,512
NET CURRENT LIABILITIES (11,101 ) (9,399 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,549

17,047

CREDITORS
Amounts falling due after more than one
year

7

(6,585

)

(11,722

)

PROVISIONS FOR LIABILITIES (5,894 ) (4,683 )
NET ASSETS 1,070 642

CAPITAL AND RESERVES
Called up share capital 40 40
Retained earnings 1,030 602
1,070 642

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

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

Carafanau Porthdinllaen Cyf (Registered number: 11891885)

Balance Sheet - continued
31 March 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 18 November 2024 and were signed on its behalf by:





Mr J R Williams - Director


Carafanau Porthdinllaen Cyf (Registered number: 11891885)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Carafanau Porthdinllaen 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Carafanau Porthdinllaen Cyf (Registered number: 11891885)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 53,428
Additions 4,367
At 31 March 2024 57,795
DEPRECIATION
At 1 April 2023 26,982
Charge for year 6,163
At 31 March 2024 33,145
NET BOOK VALUE
At 31 March 2024 24,650
At 31 March 2023 26,446

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 141,070 57,723

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 20,921 23,204
Trade creditors 1,460 3,404
Taxation and social security 138,640 46,443
Other creditors 1,590 1,461
162,611 74,512

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 6,585 11,722

Carafanau Porthdinllaen Cyf (Registered number: 11891885)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
Mr R G Williams
Balance outstanding at start of year 10,744 -
Amounts advanced 34,494 10,744
Amounts repaid (26,118 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 19,120 10,744

Mrs W P Williams
Balance outstanding at start of year 17,141 -
Amounts advanced 34,494 17,141
Amounts repaid (21,750 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 29,885 17,141

Mr J R Williams
Balance outstanding at start of year 10,746 -
Amounts advanced 34,494 10,746
Amounts repaid (21,750 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 23,490 10,746

Mrs S F Williams
Balance outstanding at start of year 17,142 -
Amounts advanced 34,494 17,142
Amounts repaid (21,750 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 29,886 17,142