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REGISTERED NUMBER: 08388163 (England and Wales)















CWMNI PUM PLWY PENLLYN CYF

FINANCIAL STATEMENTS

FOR THE PERIOD

1 MARCH 2023 TO 31 MARCH 2024






CWMNI PUM PLWY PENLLYN CYF (REGISTERED NUMBER: 08388163)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 1 MARCH 2023 TO 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CWMNI PUM PLWY PENLLYN CYF

COMPANY INFORMATION
for the Period 1 MARCH 2023 TO 31 MARCH 2024







DIRECTORS: G L Davies
E W Davies
H A Edwards
A E Jones
T Roberts
W D Williams
E Llwyd





REGISTERED OFFICE: Llwyn Celyn
Llanuwchllyn
Y Bala
Gwynedd
LL23 7TW





REGISTERED NUMBER: 08388163 (England and Wales)





ACCOUNTANTS: E W Owen & Co
Glyndwr Buildings
Glyndwr Street
Dolgellau
Gwynedd
LL40 1BB

CWMNI PUM PLWY PENLLYN CYF (REGISTERED NUMBER: 08388163)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,470 5,181

CURRENT ASSETS
Debtors 5 8,802 5,128
Cash at bank 72,815 62,855
81,617 67,983
CREDITORS
Amounts falling due within one year 6 36,455 29,537
NET CURRENT ASSETS 45,162 38,446
TOTAL ASSETS LESS CURRENT
LIABILITIES

54,632

43,627

RESERVES
Income and expenditure account 54,632 43,627
54,632 43,627

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

The members have not required the company to obtain an audit of its financial statements for the period 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 surplus or deficit 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.

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 14 October 2024 and were signed on its behalf by:





H A Edwards - Director


CWMNI PUM PLWY PENLLYN CYF (REGISTERED NUMBER: 08388163)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 1 MARCH 2023 TO 31 MARCH 2024


1. STATUTORY INFORMATION

Cwmni Pum Plwy Penllyn Cyf is a private company, limited by guarantee , registered in England and 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.
Offer a swyddfa - 20% on cost
Computer equipment - 20% on cost

Taxation
Taxation for the period 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 period 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2023 - 2 ) .

CWMNI PUM PLWY PENLLYN CYF (REGISTERED NUMBER: 08388163)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 MARCH 2023 TO 31 MARCH 2024


4. TANGIBLE FIXED ASSETS
Improvements
to Offer a Computer
property swyddfa equipment Totals
£    £    £    £   
COST
At 1 March 2023 3,396 20,231 - 23,627
Additions - 3,120 3,481 6,601
At 31 March 2024 3,396 23,351 3,481 30,228
DEPRECIATION
At 1 March 2023 - 18,446 - 18,446
Charge for period - 1,616 696 2,312
At 31 March 2024 - 20,062 696 20,758
NET BOOK VALUE
At 31 March 2024 3,396 3,289 2,785 9,470
At 28 February 2023 3,396 1,785 - 5,181

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 6,512 4,420
Rhagdaliadau 2,290 708
8,802 5,128

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 233 5,466
Croniadau ac incwm wedi'i ohir 34,456 17,675
Social security and other taxes 1,142 6,385
Other creditors 12 11
Accrued expenses 612 -
36,455 29,537