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REGISTERED NUMBER: 07315687 (England and Wales)















WYN THOMAS TIMBER FRAMED HOMES LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024






WYN THOMAS TIMBER FRAMED HOMES LIMITED (REGISTERED NUMBER: 07315687)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 JULY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WYN THOMAS TIMBER FRAMED HOMES LIMITED

COMPANY INFORMATION
for the Year Ended 31 JULY 2024







DIRECTORS: W Thomas
Mrs C A Thomas





REGISTERED OFFICE: Coedmor
Hilltop Way
Parcllyn
Cardigan
Ceredigion
SA43 2DS





REGISTERED NUMBER: 07315687 (England and Wales)





ACCOUNTANTS: D M B Davies Limited
Broyan House
Priory Street
Cardigan
Ceredigion
SA43 1BZ

WYN THOMAS TIMBER FRAMED HOMES LIMITED (REGISTERED NUMBER: 07315687)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 11,060 14,459

CURRENT ASSETS
Stocks 3,038 12,280
Debtors 5 16,178 13,840
Cash at bank 2,817 9,936
22,033 36,056
CREDITORS
Amounts falling due within one year 6 42,541 46,494
NET CURRENT LIABILITIES (20,508 ) (10,438 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(9,448

)

4,021

PROVISIONS FOR LIABILITIES 2,101 2,747
NET (LIABILITIES)/ASSETS (11,549 ) 1,274

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (11,551 ) 1,272
SHAREHOLDERS' FUNDS (11,549 ) 1,274

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

WYN THOMAS TIMBER FRAMED HOMES LIMITED (REGISTERED NUMBER: 07315687)

BALANCE SHEET - continued
31 JULY 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 11 April 2025 and were signed on its behalf by:





W Thomas - Director


WYN THOMAS TIMBER FRAMED HOMES LIMITED (REGISTERED NUMBER: 07315687)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 JULY 2024


1. STATUTORY INFORMATION

Wyn Thomas Timber Framed Homes 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 - 25% on reducing balance and 20% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 NIL (2023 - NIL).

WYN THOMAS TIMBER FRAMED HOMES LIMITED (REGISTERED NUMBER: 07315687)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 JULY 2024


4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 August 2023
and 31 July 2024 18,663 37,229 970 56,862
DEPRECIATION
At 1 August 2023 14,350 27,219 834 42,403
Charge for year 863 2,502 34 3,399
At 31 July 2024 15,213 29,721 868 45,802
NET BOOK VALUE
At 31 July 2024 3,450 7,508 102 11,060
At 31 July 2023 4,313 10,010 136 14,459

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,152 -
Other debtors 15,026 13,840
16,178 13,840

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 217 1,506
Taxation and social security 1,389 1,696
Other creditors 40,935 43,292
42,541 46,494

7. RELATED PARTY DISCLOSURES

According to the Directors there were no material related party transactions during the year.

8. ULTIMATE CONTROLLING PARTY

Ultimate party control was exercised by the Directors equally.