Blaenycwm Estate Limited 13412031 false 2023-06-01 2024-05-31 2024-05-31 The principal activity of the company is other letting and operating of own or leased real estate. Digita Accounts Production Advanced 6.30.9574.0 Software true true 13412031 2023-06-01 2024-05-31 13412031 2024-05-31 13412031 core:RetainedEarningsAccumulatedLosses 2024-05-31 13412031 core:ShareCapital 2024-05-31 13412031 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 13412031 core:FurnitureFittingsToolsEquipment 2024-05-31 13412031 core:LandBuildings 2024-05-31 13412031 bus:SmallEntities 2023-06-01 2024-05-31 13412031 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 13412031 bus:FullAccounts 2023-06-01 2024-05-31 13412031 bus:RegisteredOffice 2023-06-01 2024-05-31 13412031 bus:Director1 2023-06-01 2024-05-31 13412031 bus:Director2 2023-06-01 2024-05-31 13412031 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 13412031 core:FurnitureFittings 2023-06-01 2024-05-31 13412031 core:FurnitureFittingsToolsEquipment 2023-06-01 2024-05-31 13412031 core:LandBuildings 2023-06-01 2024-05-31 13412031 countries:AllCountries 2023-06-01 2024-05-31 13412031 2023-05-31 13412031 core:FurnitureFittingsToolsEquipment 2023-05-31 13412031 core:LandBuildings 2023-05-31 13412031 2022-06-01 2023-05-31 13412031 2023-05-31 13412031 core:RetainedEarningsAccumulatedLosses 2023-05-31 13412031 core:ShareCapital 2023-05-31 13412031 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 13412031 core:FurnitureFittingsToolsEquipment 2023-05-31 13412031 core:LandBuildings 2023-05-31 iso4217:GBP xbrli:pure

Registration number: 13412031

Blaenycwm Estate Limited

Annual Report and

Unaudited Financial Statements


for the Year Ended 31 May 2024

 

Blaenycwm Estate Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Financial Statements

4 to 6

 

Blaenycwm Estate Limited

Company Information

Directors

Mr E Page

Miss B Ellis-Jones

Registered office

Bishop House
10 Wheat Street
Brecon
Powys
LD3 7DG

 

Accountants

W J James & Co
Bishop House
10 Wheat Street
Brecon
Powys
LD3 7DG

 

Blaenycwm Estate Limited

(Registration number: 13412031)

Balance Sheet
as at 31 May 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

1,692

1,746

Current assets

 

Cash at bank and in hand

 

1,148

1,981

Creditors: Amounts falling due within one year

5

(9,004)

(5,914)

Net current liabilities

 

(7,856)

(3,933)

Net liabilities

 

(6,164)

(2,187)

Capital and reserves

 

Called up share capital

100

100

Profit and loss account

(6,264)

(2,287)

Total equity

 

(6,164)

(2,187)

For the financial year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The profit and loss account and directors' report have not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small companies regime.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

 

Blaenycwm Estate Limited

(Registration number: 13412031)

Balance Sheet
as at 31 May 2024

Approved and authorised by the Board on 20 February 2025 and signed on its behalf by:
 

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

Mr E Page

Director

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

Miss B Ellis-Jones

Director

 

Blaenycwm Estate Limited

Notes to the Financial Statements
for the Year Ended 31 May 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Bishop House
10 Wheat Street
Brecon
Powys
LD3 7DG

These financial statements were authorised for issue by the Board on 20 February 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The company liabilities exceed its assets at 31 May 2024. The directors have given their undertaking that the balances on their directors current accounts will not be repayable to the extent of the balance sheet deficit. Accordingly the accounts have been prepared on a going concern basis.

Revenue recognition

Turnover comprises gross rents receivable.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Furniture and fittings

25% Straight line

 

Blaenycwm Estate Limited

Notes to the Financial Statements
for the Year Ended 31 May 2024

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).

4

Tangible assets

Improvements to property
£

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 June 2023

1,638

217

1,855

At 31 May 2024

1,638

217

1,855

Depreciation

At 1 June 2023

-

109

109

Charge for the year

-

54

54

At 31 May 2024

-

163

163

Carrying amount

At 31 May 2024

1,638

54

1,692

At 31 May 2023

1,638

108

1,746

 

Blaenycwm Estate Limited

Notes to the Financial Statements
for the Year Ended 31 May 2024

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

8,515

5,640

Other creditors

489

274

9,004

5,914