Peirianwaith Eifionydd Engineering Ltd 11651586 Garden Machinery Sales and Servicing false 1 November 2023 11651586 2023-11-01 2024-10-31 11651586 2023-10-31 11651586 2024-10-31 11651586 2022-11-01 2023-10-31 11651586 2022-10-31 11651586 2023-10-31 11651586 frs102-bus:FRS102 2023-11-01 2024-10-31 11651586 frs102-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 11651586 frs102-bus:FullAccounts 2023-11-01 2024-10-31 11651586 frs102-bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 11651586 frs102-core:CurrentFinancialInstruments 2024-10-31 11651586 frs102-core:CurrentFinancialInstruments 2023-10-31 11651586 frs102-core:Non-currentFinancialInstruments 2024-10-31 11651586 frs102-core:Non-currentFinancialInstruments 2023-10-31 11651586 frs102-core:ShareCapital 2024-10-31 11651586 frs102-core:ShareCapital 2023-10-31 11651586 frs102-core:RetainedEarningsAccumulatedLosses 2024-10-31 11651586 frs102-core:RetainedEarningsAccumulatedLosses 2023-10-31 11651586 frs102-bus:Director1 2023-11-01 2024-10-31 11651586 frs102-core:ComputerEquipment 2023-11-01 2024-10-31 11651586 frs102-core:Vehicles 2023-11-01 2024-10-31 11651586 frs102-core:PlantMachinery 2023-11-01 2024-10-31 11651586 frs102-core:NetGoodwill 2023-10-31 11651586 frs102-core:NetGoodwill 2024-10-31 11651586 frs102-core:NetGoodwill 2023-11-01 2024-10-31 11651586 frs102-core:NetGoodwill 2023-10-31 11651586 frs102-core:ComputerEquipment 2023-10-31 11651586 frs102-core:Vehicles 2023-10-31 11651586 frs102-core:PlantMachinery 2023-10-31 11651586 frs102-core:ComputerEquipment 2024-10-31 11651586 frs102-core:Vehicles 2024-10-31 11651586 frs102-core:PlantMachinery 2024-10-31 11651586 frs102-core:ComputerEquipment 2023-10-31 11651586 frs102-core:Vehicles 2023-10-31 11651586 frs102-core:PlantMachinery 2023-10-31 11651586 frs102-bus:OrdinaryShareClass1 2024-10-31 11651586 frs102-bus:OrdinaryShareClass1 2023-10-31 11651586 frs102-bus:OrdinaryShareClass1 2023-11-01 2024-10-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
11651586
Peirianwaith Eifionydd Engineering Ltd
Unaudited Accounts
for the year ended
31 October 2024
Peirianwaith Eifionydd Engineering Ltd
Balance Sheet
as at 31 October 2024
Notes
2024
£
2023
£
Fixed assets
Intangible assets 3 60,000 75,000
Tangible assets 4 5,491 7,322
65,491 82,322
Current assets
Stocks 5 61,851 56,059
Debtors 6 28,523 46,275
Cash at bank and in hand 239,922 227,195
330,296 329,529
Prepayments and accrued income: 1,459 1,384
Creditors: amounts falling due within one year 7 (97,569) (110,242)
Net current assets / (liabilities) 234,186 220,671
Total assets less current liabilities 299,677 302,993
Creditors: amounts falling due after more than one year 8 (100,000) (150,000)
Provisions for liabilities (0) (0)
Accruals and deferred income (4,404) (3,776)
Total net assets (liabilities) 195,273 149,217
Capital and reserves
Called up share capital 9 5,000 5,000
Profit and loss account 190,273 144,217
Shareholders' funds 195,273 149,217

Peirianwaith Eifionydd Engineering Ltd
Balance Sheet
as at 31 October 2024



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 October 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Signed on behalf of the board of directors

...............................

Mr G James

Director


Approved by the board on 16 January 2025

Company Number: 11651586 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

Peirianwaith Eifionydd Engineering High Street
Tremadog
Porthmadog
Gwynedd
LL49 9RD
United Kingdom

Peirianwaith Eifionydd Engineering Ltd
Notes to the Accounts
for the year ended 31 October 2024

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Computer equipment 25% Reducing Balance
Vehicles 25% Reducing Balance
Plant & machinery 25% Reducing Balance
Stocks
Stocks are valued at the lower of cost and net realisable value after taking into account costs of completion and sale. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. The amount of any write-down to net realisable value, and all losses of stock, are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down is recognised as a reduction in the amount of stock expensed in the period in which the reversal occurs.
2. Employees
2024 2023
Average number of employees during the period 4 4

3. Intangible fixed assets
Goodwill Total
Cost £ £
At 1 November 2023 150,000 150,000
At 31 October 2024 150,000 150,000
Amortisation
At 1 November 2023 75,000 75,000
Provided during the period 15,000 15,000
At 31 October 2024 90,000 90,000
Net book value
At 31 October 2024 60,000 60,000
At 31 October 2023 75,000 75,000

4. Tangible fixed assets
Computer equipment Vehicles Plant & machinery Total
Cost or valuation £ £ £ £
At 1 November 2023 977 22,150 2,490 25,617
At 31 October 2024 977 22,150 2,490 25,617
Depreciation
At 1 November 2023 771 15,559 1,965 18,295
Charge for the period 52 1,648 131 1,831
At 31 October 2024 823 17,207 2,096 20,126
Net book value
At 31 October 2024 154 4,943 394 5,491
At 31 October 2023 206 6,591 525 7,322

5. Stocks
2024 2023
£ £
Finished goods 61,851 56,059
61,851 56,059

6. Debtors
2024 2023
£ £
Trade debtors 28,523 46,275
28,523 46,275

7. Creditors: amounts falling due within one year
2024 2023
£ £
Trade creditors 14,138 14,190
Taxation & social security 28,583 16,624
Other creditors 54,848 79,428
97,569 110,242

8. Creditors: amounts falling due after one year
2024 2023
£ £
Other 100,000 150,000
100,000 150,000

9. Share capital
2024 2023
£ £
Allotted, called up and fully paid:
5,000 (2023: 5,000) Ordinary shares of £1.00 each 5,000 5,000
5,000 5,000