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Company Registration No. 05218712 (England and Wales)
The Carpenters Arms (Coed - Y - Paen) Ltd Unaudited accounts for the year ended 31 August 2024
The Carpenters Arms (Coed - Y - Paen) Ltd Unaudited accounts Contents
Page
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The Carpenters Arms (Coed - Y - Paen) Ltd Company Information for the year ended 31 August 2024
Director
Matthew Hiscox
Secretary
Jon Hiscox
Company Number
05218712 (England and Wales)
Registered Office
The Carpenters Arms Coed-Y-Paen Nr Pontypool NP4 0TH
Accountants
Evans Entwistle Office 12a Equinox South, Great Park Road Bradley Stoke Bristol BS32 4QL
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of The Carpenters Arms (Coed - Y - Paen) Ltd for the year ended 31 August 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of The Carpenters Arms (Coed - Y - Paen) Ltd for the year ended 31 August 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle Member in Practice Office 12a Equinox South, Great Park Road Bradley Stoke Bristol BS32 4QL 6 January 2025
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The Carpenters Arms (Coed - Y - Paen) Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
462,532 
462,532 
Current assets
Debtors
21,696 
121 
Cash at bank and in hand
9,669 
8,696 
31,365 
8,817 
Creditors: amounts falling due within one year
(12,276)
(19,374)
Net current assets/(liabilities)
19,089 
(10,557)
Total assets less current liabilities
481,621 
451,975 
Creditors: amounts falling due after more than one year
(336,781)
(331,212)
Net assets
144,840 
120,763 
Capital and reserves
Called up share capital
4 
4 
Share premium
13,322 
13,322 
Profit and loss account
131,514 
107,437 
Shareholders' funds
144,840 
120,763 
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 6 January 2025 and were signed on its behalf by
Matthew Hiscox Director Company Registration No. 05218712
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The Carpenters Arms (Coed - Y - Paen) Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
The Carpenters Arms (Coed - Y - Paen) Ltd is a private company, limited by shares, registered in England and Wales, registration number 05218712. The registered office is The Carpenters Arms, Coed-Y-Paen, Nr Pontypool, NP4 0TH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2024 
£ 
Fair value at 1 September 2023
462,532 
At 31 August 2024
462,532 
The investment property is disclosed in the accounts at a value which the directors believe represents a true and fair market value.
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
121 
Trade debtors
21,696 
- 
21,696 
121 
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The Carpenters Arms (Coed - Y - Paen) Ltd Notes to the Accounts for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
15,156 
Taxes and social security
5,706 
4,218 
Other creditors
6,000 
- 
Accruals
570 
- 
12,276 
19,374 
The bank loan is secured by way of first charge over the investment property (see note 5)
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
8,488 
8,586 
Loans from directors
328,293 
322,626 
336,781 
331,212 
The bank loan is secured by way of first charge over the investment property (see note 5).
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4 
4 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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