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REGISTERED NUMBER: 03574404 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

WINCHFAWR INVESTMENT LIMITED

WINCHFAWR INVESTMENT LIMITED (REGISTERED NUMBER: 03574404)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WINCHFAWR INVESTMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: G D Thomas





SECRETARY: Mrs M K Thomas





REGISTERED OFFICE: 10 Winchfawr Park
Heolgerrig
Merthyr Tydfil
Mid Glamorgan
CF48 1RD





REGISTERED NUMBER: 03574404 (England and Wales)





ACCOUNTANTS: Baker Knoyle Chartered Accountants
Orbit Business Centre
Merthyr Tydfil
CF48 1DL

WINCHFAWR INVESTMENT LIMITED (REGISTERED NUMBER: 03574404)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,337 1,802
Investments 6 1,150,000 1,500,000
1,151,337 1,501,802

CURRENT ASSETS
Debtors 7 2,686 23,934
Cash at bank 485,696 166,688
488,382 190,622
CREDITORS
Amounts falling due within one year 8 10,465 11,542
NET CURRENT ASSETS 477,917 179,080
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,629,254

1,680,882

PROVISIONS FOR LIABILITIES 129,624 129,624
NET ASSETS 1,499,630 1,551,258

CAPITAL AND RESERVES
Called up share capital 200 200
Fair value reserve 9 612,153 715,645
Retained earnings 887,277 835,413
1,499,630 1,551,258

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

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

WINCHFAWR INVESTMENT LIMITED (REGISTERED NUMBER: 03574404)

BALANCE SHEET - continued
30 JUNE 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 director and authorised for issue on 25 October 2024 and were signed by:





G D Thomas - Director


WINCHFAWR INVESTMENT LIMITED (REGISTERED NUMBER: 03574404)

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

1. STATUTORY INFORMATION

Winchfawr Investment 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 1 ) .

WINCHFAWR INVESTMENT LIMITED (REGISTERED NUMBER: 03574404)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 30 June 2024 25,000
AMORTISATION
At 1 July 2023
and 30 June 2024 25,000
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023
and 30 June 2024 24,670
DEPRECIATION
At 1 July 2023 22,868
Charge for year 465
At 30 June 2024 23,333
NET BOOK VALUE
At 30 June 2024 1,337
At 30 June 2023 1,802

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 July 2023 1,500,000
Disposals (350,000 )
At 30 June 2024 1,150,000
NET BOOK VALUE
At 30 June 2024 1,150,000
At 30 June 2023 1,500,000

WINCHFAWR INVESTMENT LIMITED (REGISTERED NUMBER: 03574404)

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

6. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 30 June 2024 is represented by:

Other
investments
£   
Valuation in 2005 278,713
Valuation in 2006 45,000
Valuation in 2007 30,000
Valuation in 2008 64,323
Valuation in 2010 27,327
Valuation in 2013 (22,432 )
Valuation in 2015 81,017
Valuation in 2022 320,000
Valuation in 2024 (103,492 )
Cost 429,544
1,150,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 2,686 23,934

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 8,593 9,742
Other creditors 1,872 1,800
10,465 11,542

9. RESERVES
Fair
value
reserve
£   
At 1 July 2023 715,645
Movement in year (103,492 )

At 30 June 2024 612,153

WINCHFAWR INVESTMENT LIMITED (REGISTERED NUMBER: 03574404)

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

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

2024 2023
£    £   
G D Thomas
Balance outstanding at start of year 23,607 (1,440 )
Amounts advanced 14,069 70,710
Amounts repaid (35,127 ) (45,663 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 2,549 23,607