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REGISTERED NUMBER: 07329973 (Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Rhun Ap Iorwerth Cyf

Rhun Ap Iorwerth Cyf (Registered number: 07329973)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

Rhun Ap Iorwerth Cyf

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mr Rh Ap Iorwerth





REGISTERED OFFICE: Cae'r Erw
Llangristiolus
Bodorgan
Ynys Mon
LL62 5RA





REGISTERED NUMBER: 07329973 (Wales)





ACCOUNTANTS: Dunn & Ellis Cyf
Chartered Accountants
Adeilad St David's Building
Stryd Lombard Street
Porthmadog
Gwynedd
LL49 9AP

Rhun Ap Iorwerth Cyf (Registered number: 07329973)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 533 666

CURRENT ASSETS
Debtors 5 36,468 36,882
Cash at bank 28 37
36,496 36,919
CREDITORS
Amounts falling due within one year 6 5,201 5,170
NET CURRENT ASSETS 31,295 31,749
TOTAL ASSETS LESS CURRENT
LIABILITIES

31,828

32,415

PROVISIONS FOR LIABILITIES 101 127
NET ASSETS 31,727 32,288

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 31,627 32,188
SHAREHOLDERS' FUNDS 31,727 32,288

The 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 January 2025 and were signed by:



Mr Rh Ap Iorwerth - Director


Rhun Ap Iorwerth Cyf (Registered number: 07329973)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Rhun Ap Iorwerth Cyf is a private company, limited by shares , 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance

Fixed assets are stated at their cost prices, less accumulated depreciation and less any amounts recognised in respect of impairment.

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).

Rhun Ap Iorwerth Cyf (Registered number: 07329973)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 9,451
DEPRECIATION
At 1 April 2023 8,785
Charge for year 133
At 31 March 2024 8,918
NET BOOK VALUE
At 31 March 2024 533
At 31 March 2023 666

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 36,468 36,882

Included within the above noted other debtors figure is the following amount that was owing from the following company also owned by the director:

£36,468 - Paradwys Cyf (£36,882 - 2023)

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other creditors 5,201 5,170

7. RELATED PARTY DISCLOSURES

During the year, no dividends were allocated to the director, as was the case in 2023.

During the year, funds were accumulated through an in-credit director's loan account. By the year-end, the total of which stood at £4,960 (£4,950 - 2023) owing to the director.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Rhun Ap Iorwerth Cyf

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Rhun Ap Iorwerth Cyf for the year ended 31 March 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Rhun Ap Iorwerth Cyf in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Rhun Ap Iorwerth Cyf and state those matters that we have agreed to state to the director of Rhun Ap Iorwerth Cyf in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Rhun Ap Iorwerth Cyf and its director for our work or for this report.

It is your duty to ensure that Rhun Ap Iorwerth Cyf has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Rhun Ap Iorwerth Cyf. You consider that Rhun Ap Iorwerth Cyf is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Rhun Ap Iorwerth Cyf. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Dunn & Ellis Cyf
Chartered Accountants
Adeilad St David's Building
Stryd Lombard Street
Porthmadog
Gwynedd
LL49 9AP


Date: .............................................