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REGISTERED NUMBER: 10998494 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2024

FOR

L & L HOLDINGS CYFYNGEDIG

L & L HOLDINGS CYFYNGEDIG (REGISTERED NUMBER: 10998494)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


L & L HOLDINGS CYFYNGEDIG

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST AUGUST 2024







DIRECTORS: Mrs L M Evans
Mr L T Evans





REGISTERED OFFICE: Gwrthwynt, Beulah
Newcastle Emlyn
Dyfed
SA38 9QE





REGISTERED NUMBER: 10998494 (England and Wales)

L & L HOLDINGS CYFYNGEDIG (REGISTERED NUMBER: 10998494)

ABRIDGED BALANCE SHEET
31ST AUGUST 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 699,306 699,306
Investments 5 1,469,656 1,424,368
2,168,962 2,123,674

CURRENT ASSETS
Cash at bank 1,843,207 1,436,558

CREDITORS
Amounts falling due within one year 19,953 -
NET CURRENT ASSETS 1,823,254 1,436,558
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,992,216

3,560,232

CREDITORS
Amounts falling due after more than one
year

64

8,864
NET ASSETS 3,992,152 3,551,368

CAPITAL AND RESERVES
Called up share capital 17 17
Retained earnings 3,992,135 3,551,351
SHAREHOLDERS' FUNDS 3,992,152 3,551,368

L & L HOLDINGS CYFYNGEDIG (REGISTERED NUMBER: 10998494)

ABRIDGED BALANCE SHEET - continued
31ST AUGUST 2024


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

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

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Profit and loss and an abridged Balance Sheet for the year ended 31st August 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28th November 2024 and were signed on its behalf by:





Mr L T Evans - Director


L & L HOLDINGS CYFYNGEDIG (REGISTERED NUMBER: 10998494)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2024

1. STATUTORY INFORMATION

L & L Holdings Cyfyngedig is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

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.
Freehold property - in accordance with the property

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss, 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.

L & L HOLDINGS CYFYNGEDIG (REGISTERED NUMBER: 10998494)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2024

2. ACCOUNTING POLICIES - continued

Going concern basis of accounting
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern, which the directors consider appropriate.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Totals
£
COST
At 1st September 2023
and 31st August 2024 699,306
NET BOOK VALUE
At 31st August 2024 699,306
At 31st August 2023 699,306

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£
COST OR VALUATION
At 1st September 2023 474,368
Revaluations 45,288
At 31st August 2024 519,656
NET BOOK VALUE
At 31st August 2024 519,656
At 31st August 2023 474,368

Cost or valuation at 31st August 2024 is represented by:
Totals
£
Valuation in 2024 519,656

Investments (neither listed nor unlisted) were as follows:

L & L HOLDINGS CYFYNGEDIG (REGISTERED NUMBER: 10998494)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST AUGUST 2024
2024 2023
£ £
Investment in DI Evans Cyf 950,000 950,000