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REGISTERED NUMBER: 11188433 (Wales)















CYFRYNGAU CYMRU CYF

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024






CYFRYNGAU CYMRU CYF (REGISTERED NUMBER: 11188433)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 29 FEBRUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CYFRYNGAU CYMRU CYF

COMPANY INFORMATION
for the Year Ended 29 FEBRUARY 2024







DIRECTORS: I B Jones
M L Ebenezer
G Gruffudd
G Meredith





REGISTERED OFFICE: Ty Glyndwr
Stryd Glyndwr
Dolgellau
Gwynedd
LL40 1BB





REGISTERED NUMBER: 11188433 (Wales)





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

CYFRYNGAU CYMRU CYF (REGISTERED NUMBER: 11188433)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,320 1,238
Investments 5 2,089 2,089
3,409 3,327

CURRENT ASSETS
Debtors 6 1,525 2,133
Cash at bank and in hand 7,049 10,020
8,574 12,153
CREDITORS
Amounts falling due within one year 7 3,317 4,655
NET CURRENT ASSETS 5,257 7,498
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,666

10,825

PROVISIONS FOR LIABILITIES - 286
NET ASSETS 8,666 10,539

RESERVES
Income and expenditure account 8,666 10,539
8,666 10,539

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

CYFRYNGAU CYMRU CYF (REGISTERED NUMBER: 11188433)

BALANCE SHEET - continued
29 FEBRUARY 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 27 November 2024 and were signed on its behalf by:





G Meredith - Director


CYFRYNGAU CYMRU CYF (REGISTERED NUMBER: 11188433)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 29 FEBRUARY 2024


1. STATUTORY INFORMATION

Cyfryngau Cymru Cyf is a private company, limited by guarantee , 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.
Offer cyfrifiadurol - 20% 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.

3. EMPLOYEES AND DIRECTORS

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

CYFRYNGAU CYMRU CYF (REGISTERED NUMBER: 11188433)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 29 FEBRUARY 2024


4. TANGIBLE FIXED ASSETS
Offer Offer
swyddfa cyfrifiadurol Totals
£    £    £   
COST
At 1 March 2023 333 2,142 2,475
Additions - 375 375
At 29 February 2024 333 2,517 2,850
DEPRECIATION
At 1 March 2023 33 1,204 1,237
Charge for year 30 263 293
At 29 February 2024 63 1,467 1,530
NET BOOK VALUE
At 29 February 2024 270 1,050 1,320
At 28 February 2023 300 938 1,238

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
2024 2023
£    £   
Buddsoddiadau 2,089 2,089

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,525 2,133

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 2,571 1,586
Tax - 1,625
VAT 96 814
Accrued expenses 650 630
3,317 4,655