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REGISTERED NUMBER: 04408171 (England and Wales)















Unaudited Financial Statements for the Year Ended 30th April 2024

for

Valley Equestrian Centre Limited
Trading as
Cymyran Hotel

Valley Equestrian Centre Limited (Registered number: 04408171)
Trading as Cymyran Hotel






Contents of the Financial Statements
for the Year Ended 30th April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Valley Equestrian Centre Limited
Trading as Cymyran Hotel

Company Information
for the Year Ended 30th April 2024







DIRECTORS: Mrs P L Maclean
M H L Maclean





SECRETARY: Mrs P L Maclean





REGISTERED OFFICE: Hotel Cymyran
Llanfair yn Neubwll
Holyhead
Anglesey
LL65 3LD





REGISTERED NUMBER: 04408171 (England and Wales)





ACCOUNTANTS: A.Hughes-Jones, Dyson & Co.
Capel Moreia
South Penrallt
Caernarfon
Gwynedd
LL55 1NS

Valley Equestrian Centre Limited (Registered number: 04408171)
Trading as Cymyran Hotel

Balance Sheet
30th April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 49,946 205,028

CURRENT ASSETS
Debtors 5 231,085 60,653
Cash at bank 19,151 178,069
250,236 238,722
CREDITORS
Amounts falling due within one year 6 238,792 241,654
NET CURRENT ASSETS/(LIABILITIES) 11,444 (2,932 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

61,390

202,096

PROVISIONS FOR LIABILITIES 2,378 10,970
NET ASSETS 59,012 191,126

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 59,010 191,124
SHAREHOLDERS' FUNDS 59,012 191,126

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

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

Valley Equestrian Centre Limited (Registered number: 04408171)
Trading as Cymyran Hotel

Balance Sheet - continued
30th 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 28th January 2025 and were signed on its behalf by:





Mrs P L Maclean - Director


Valley Equestrian Centre Limited (Registered number: 04408171)
Trading as Cymyran Hotel

Notes to the Financial Statements
for the Year Ended 30th April 2024

1. STATUTORY INFORMATION

Valley Equestrian Centre 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.

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.
Plant and machinery etc - 15% 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 1 (2023 - 2 ) .

Valley Equestrian Centre Limited (Registered number: 04408171)
Trading as Cymyran Hotel

Notes to the Financial Statements - continued
for the Year Ended 30th April 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st May 2023 146,269 231,279 377,548
Disposals (146,269 ) - (146,269 )
At 30th April 2024 - 231,279 231,279
DEPRECIATION
At 1st May 2023 - 172,520 172,520
Charge for year - 8,813 8,813
At 30th April 2024 - 181,333 181,333
NET BOOK VALUE
At 30th April 2024 - 49,946 49,946
At 30th April 2023 146,269 58,759 205,028

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 209,663 13,600
Other debtors 21,422 47,053
231,085 60,653

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 14,968 26,403
Taxation and social security 28,200 13,157
Other creditors 195,624 202,094
238,792 241,654