Caseware UK (AP4) 2024.0.164 2024.0.164 2024-07-312024-07-312false2falseHoliday letsThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-08-01truefalse 13515903 2023-08-01 2024-07-31 13515903 2022-08-01 2023-07-31 13515903 2024-07-31 13515903 2023-07-31 13515903 c:Director1 2023-08-01 2024-07-31 13515903 d:CurrentFinancialInstruments 2024-07-31 13515903 d:CurrentFinancialInstruments 2023-07-31 13515903 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 13515903 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 13515903 d:ShareCapital 2024-07-31 13515903 d:ShareCapital 2023-07-31 13515903 d:RetainedEarningsAccumulatedLosses 2024-07-31 13515903 d:RetainedEarningsAccumulatedLosses 2023-07-31 13515903 c:OrdinaryShareClass1 2023-08-01 2024-07-31 13515903 c:OrdinaryShareClass1 2024-07-31 13515903 c:OrdinaryShareClass1 2023-07-31 13515903 c:OrdinaryShareClass2 2023-08-01 2024-07-31 13515903 c:OrdinaryShareClass2 2024-07-31 13515903 c:OrdinaryShareClass2 2023-07-31 13515903 c:OrdinaryShareClass3 2023-08-01 2024-07-31 13515903 c:OrdinaryShareClass3 2024-07-31 13515903 c:OrdinaryShareClass3 2023-07-31 13515903 c:FRS102 2023-08-01 2024-07-31 13515903 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 13515903 c:FullAccounts 2023-08-01 2024-07-31 13515903 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 13515903 e:PoundSterling 2023-08-01 2024-07-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13515903










LLABWST FARM LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2024

 
LLABWST FARM LTD
REGISTERED NUMBER: 13515903

BALANCE SHEET
AS AT 31 JULY 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 5 
195,371
-

Cash at bank and in hand
 6 
103,193
100

  
298,564
100

Creditors: amounts falling due within one year
 7 
(305,624)
-

Net current (liabilities)/assets
  
 
 
(7,060)
 
 
100

Total assets less current liabilities
  
(7,060)
100

  

Net (liabilities)/assets
  
(7,060)
100


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
(7,160)
-

  
(7,060)
100


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 24 April 2025.

Mark Bowen
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
LLABWST FARM LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


General information

Llabwst Farm Ltd, 13515903, is a private company limited by shares, incorporated in England and Wales, with its registered office at Dwyrhiew Mill, New Mills, Newtown, Powys, SY16 3BS.
The principal activity of the company during the year was the management of holiday lets.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements are prepared on a going concern basis and assumes the continued support of the directors, bank and other creditors.

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Judgements in applying accounting policies and key sources of estimation uncertainty

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
The company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. In the opinion of the directors there are no estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Page 2

 
LLABWST FARM LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

4.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


5.


Debtors

2024
2023
£
£


Other debtors
10,605
-

Prepayments and accrued income
184,766
-

195,371
-



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
103,193
100

103,193
100



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
5,024
-

Other creditors
300,000
-

Accruals and deferred income
600
-

305,624
-


Page 3

 
LLABWST FARM LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



40 (2023 - 40) Ordinary A shares of £1.00 each
40
40
40 (2023 - 40) Ordinary B shares of £1.00 each
40
40
20 (2023 - 20) Ordinary C shares of £1.00 each
20
20

100

100



9.


Related party transactions

Included within creditors due within 1 year is a balance due to MGH Bowen Ltd (a connected company) of £300,000 (2023: £nil) No interested is charged and the balance is payable on demand. 

 
Page 4