Registered number
01686498
Tir-Y-Cwm Trust Limited
Filleted Accounts
31 March 2024
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
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