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REGISTERED NUMBER: 06761829 (Wales)















Unaudited Financial Statements for the Year Ended 31st March 2024

for

Gofal Bro Cyf

Gofal Bro Cyf (Registered number: 06761829)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Gofal Bro Cyf

Company Information
for the Year Ended 31st March 2024







DIRECTORS: Mrs M Jones
G P Jones





SECRETARY: Mrs M Jones





REGISTERED OFFICE: Deri
Hen Furiau
Pwllheli Road
Caernarfon
Gwynedd
LL55 2YS





REGISTERED NUMBER: 06761829 (Wales)





ACCOUNTANTS: A.Hughes-Jones, Dyson & Co.
Capel Moreia
South Penrallt
Caernarfon
Gwynedd
LL55 1NS

Gofal Bro Cyf (Registered number: 06761829)

Balance Sheet
31st March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 60,583 51,836

CURRENT ASSETS
Debtors 5 258,859 255,741
Cash at bank 443,144 278,940
702,003 534,681
CREDITORS
Amounts falling due within one year 6 184,320 81,439
NET CURRENT ASSETS 517,683 453,242
TOTAL ASSETS LESS CURRENT
LIABILITIES

578,266

505,078

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 578,166 504,978
578,266 505,078

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

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

Gofal Bro Cyf (Registered number: 06761829)

Balance Sheet - continued
31st 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 29th September 2024 and were signed on its behalf by:





G P Jones - Director


Gofal Bro Cyf (Registered number: 06761829)

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

1. STATUTORY INFORMATION

Gofal Bro 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 - 25% on reducing balance, 20% on reducing balance and 15% 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 49 (2023 - 48 ) .

Gofal Bro Cyf (Registered number: 06761829)

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st April 2023 27,921 52,654 80,575
Additions - 16,751 16,751
At 31st March 2024 27,921 69,405 97,326
DEPRECIATION
At 1st April 2023 - 28,739 28,739
Charge for year - 8,004 8,004
At 31st March 2024 - 36,743 36,743
NET BOOK VALUE
At 31st March 2024 27,921 32,662 60,583
At 31st March 2023 27,921 23,915 51,836

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 138,592 158,592
Other debtors 120,267 97,149
258,859 255,741

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 5,602 -
Taxation and social security 136,181 72,559
Other creditors 42,537 8,880
184,320 81,439