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REGISTERED NUMBER: 04412557 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

CYNON VALLEY FURNITURE FACTORY OUTLET
LIMITED

CYNON VALLEY FURNITURE FACTORY OUTLET
LIMITED (REGISTERED NUMBER: 04412557)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


CYNON VALLEY FURNITURE FACTORY OUTLET
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: Mr C W Lewis
Mrs M A Lewis





REGISTERED OFFICE: 14 Gelliwastad Road
Pontypridd
Rhondda Cynon Taf
CF37 2BW





REGISTERED NUMBER: 04412557 (England and Wales)





ACCOUNTANTS: Sullivans Chartered Accountants
13-14 Gelliwastad Road
Pontypridd
Rhondda Cynon Taf
CF37 2BW

CYNON VALLEY FURNITURE FACTORY OUTLET
LIMITED (REGISTERED NUMBER: 04412557)

STATEMENT OF FINANCIAL POSITION
30 APRIL 2024

30/4/24 30/4/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 568 568

CURRENT ASSETS
Cash at bank and in hand 23,360 16,001

CREDITORS
Amounts falling due within one year 5 5,198 4,987
NET CURRENT ASSETS 18,162 11,014
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,730

11,582

PROVISIONS FOR LIABILITIES 104 114
NET ASSETS 18,626 11,468

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 18,624 11,466
SHAREHOLDERS' FUNDS 18,626 11,468

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

CYNON VALLEY FURNITURE FACTORY OUTLET
LIMITED (REGISTERED NUMBER: 04412557)

STATEMENT OF FINANCIAL POSITION - continued
30 APRIL 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 14 January 2025 and were signed on its behalf by:




Mr C W Lewis - Director



Mrs M A Lewis - Director


CYNON VALLEY FURNITURE FACTORY OUTLET
LIMITED (REGISTERED NUMBER: 04412557)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Cynon Valley Furniture Factory Outlet Limited 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.

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.

No material uncertainties that may cast significant doubt about the ability of the company to continue as a going concern have been identified by the directors. The directors continue to support the company for the foreseeable future.

Therefore the financial statements have been prepared on a going concern basis.

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 - 50% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 1 (2023 - 1 ) .

CYNON VALLEY FURNITURE FACTORY OUTLET
LIMITED (REGISTERED NUMBER: 04412557)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 May 2023
and 30 April 2024 2,640
DEPRECIATION
At 1 May 2023
and 30 April 2024 2,072
NET BOOK VALUE
At 30 April 2024 568
At 30 April 2023 568

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/24 30/4/23
£    £   
Trade creditors 504 527
Taxation and social security 2,324 2,003
Other creditors 2,370 2,457
5,198 4,987

6. FINANCIAL INSTRUMENTS

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30/4/24 30/4/23
value: £    £   
2 Ordinary £1 2 2