Tir-Y-Cwm Trust Limited |
Registered number: |
01686498 |
Balance Sheet |
as at 31 March 2024 |
|
Notes |
|
|
2024 |
|
|
2023 |
£ |
£ |
Fixed assets |
Tangible assets |
3 |
|
|
400,998 |
|
|
375,000 |
|
Current assets |
Cash at bank and in hand |
|
|
6,503 |
|
|
1,912 |
|
Creditors: amounts falling due within one year |
4 |
|
(27,186) |
|
|
(300) |
|
Net current (liabilities)/assets |
|
|
|
(20,683) |
|
|
1,612 |
|
Net assets |
|
|
|
380,315 |
|
|
376,612 |
|
|
|
|
|
|
|
|
FUNDS |
Unrestricted funds |
|
|
|
380,315 |
|
|
376,612 |
|
Shareholders' funds |
|
|
|
380,315 |
|
|
376,612 |
|
|
|
|
|
|
|
|
The charitable 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 in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The income and expenditure account has not been delivered to the Registrar of Companies. |
|
|
|
|
D Brewer |
Director |
Approved by the board on 26 November 2024 |
|
Tir-Y-Cwm Trust Limited |
Notes to the Accounts |
for the year ended 31 March 2024 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Freehold buildings |
over 50 years |
|
Solar panels |
over 10 years |
|
|
2 |
Employees |
2024 |
|
2023 |
Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
Land and buildings |
|
Solar panels |
|
Total |
£ |
£ |
£ |
|
Cost |
|
At 1 April 2023 |
375,000 |
|
- |
|
375,000 |
|
Additions |
- |
|
28,886 |
|
28,886 |
|
At 31 March 2024 |
375,000 |
|
28,886 |
|
403,886 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
Charge for the year |
- |
|
2,888 |
|
2,888 |
|
At 31 March 2024 |
- |
|
2,888 |
|
2,888 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2024 |
375,000 |
|
25,998 |
|
400,998 |
|
At 31 March 2023 |
375,000 |
|
- |
|
375,000 |
|
|
4 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
£ |
£ |
|
|
Other loans |
26,886 |
|
- |
|
Other creditors |
300 |
|
300 |
|
|
|
|
|
|
27,186 |
|
300 |
|
|
|
|
|
|
|
|
|
|
5 |
Other information |
|
|
Tir-Y-Cwm Trust Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Beechen Cliff School |
|
Kipling Avenue |
|
Bath |
|
BA2 4RE |