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REGISTERED NUMBER: 05811755 (England and Wales)


















KEVIN DAVIES (LLANDYSUL) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024






KEVIN DAVIES (LLANDYSUL) LIMITED (REGISTERED NUMBER: 05811755)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


KEVIN DAVIES (LLANDYSUL) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: Mr D K Davies





REGISTERED OFFICE: Hafod y Bryn
Meidrim
Carmarthen
Carmarthenshire
SA33 5QN





REGISTERED NUMBER: 05811755 (England and Wales)





ACCOUNTANTS: Llewelyn Davies
Chartered Accountants
Yelverton House
St John Street
Whitland
Carmarthenshire
SA34 0AW

KEVIN DAVIES (LLANDYSUL) LIMITED (REGISTERED NUMBER: 05811755)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,220 6,355

CURRENT ASSETS
Stocks 500 500
Debtors 5 729 4,801
Cash at bank 14,949 15,858
16,178 21,159
CREDITORS
Amounts falling due within one year 6 14,169 16,076
NET CURRENT ASSETS 2,009 5,083
TOTAL ASSETS LESS CURRENT
LIABILITIES

17,229

11,438

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 17,228 11,437
SHAREHOLDERS' FUNDS 17,229 11,438

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 21 February 2025 and were signed by:





Mr D K Davies - Director


KEVIN DAVIES (LLANDYSUL) LIMITED (REGISTERED NUMBER: 05811755)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


1. STATUTORY INFORMATION

Kevin Davies (Llandysul) 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.

The financial statements have been prepared on a going concern basis as in the director's opinion the company has sufficient funds and future income to continue in the foreseeable future.

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.
Land and buildings - 25% on cost
Plant and machinery etc - 25% on reducing balance, 20% on reducing balance and 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

KEVIN DAVIES (LLANDYSUL) LIMITED (REGISTERED NUMBER: 05811755)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 June 2023 15,328 42,006 57,334
Additions - 14,250 14,250
Disposals - (5,100 ) (5,100 )
At 31 May 2024 15,328 51,156 66,484
DEPRECIATION
At 1 June 2023 11,551 39,428 50,979
Charge for year 944 4,392 5,336
Eliminated on disposal - (5,051 ) (5,051 )
At 31 May 2024 12,495 38,769 51,264
NET BOOK VALUE
At 31 May 2024 2,833 12,387 15,220
At 31 May 2023 3,777 2,578 6,355

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 611 4,503
Other debtors 118 298
729 4,801

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 203 230
Taxation and social security 6,212 4,468
Other creditors 7,754 11,378
14,169 16,076

7. ULTIMATE CONTROLLING PARTY

The controlling party is Mr D K Davies.