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REGISTERED NUMBER: 05591607 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st December 2024

for

Garej Arwyn Cyf

Garej Arwyn Cyf (Registered number: 05591607)






Contents of the Financial Statements
for the Year Ended 31st December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Garej Arwyn Cyf

Company Information
for the Year Ended 31st December 2024







DIRECTOR: A Hughes





SECRETARY: Mrs T W Hughes





REGISTERED OFFICE: Unit AH
Penygroes Industrial Estate
Penygroes
Caernarfon
Gwynedd
LL54 6DB





REGISTERED NUMBER: 05591607 (England and Wales)





ACCOUNTANTS: A.Hughes-Jones, Dyson & Co.
Capel Moreia
South Penrallt
Caernarfon
Gwynedd
LL55 1NS

Garej Arwyn Cyf (Registered number: 05591607)

Balance Sheet
31st December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 264,747 130,311

CURRENT ASSETS
Stocks 175,310 167,110
Debtors 5 79,470 108,560
Cash at bank and in hand 14,452 101
269,232 275,771
CREDITORS
Amounts falling due within one year 6 247,069 261,833
NET CURRENT ASSETS 22,163 13,938
TOTAL ASSETS LESS CURRENT
LIABILITIES

286,910

144,249

CREDITORS
Amounts falling due after more than one
year

7

(265,426

)

(131,561

)

PROVISIONS FOR LIABILITIES (15,257 ) (12,068 )
NET ASSETS 6,227 620

CAPITAL AND RESERVES
Called up share capital 400 400
Retained earnings 5,827 220
6,227 620

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

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

Garej Arwyn Cyf (Registered number: 05591607)

Balance Sheet - continued
31st December 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 6th May 2025 and were signed by:





A Hughes - Director


Garej Arwyn Cyf (Registered number: 05591607)

Notes to the Financial Statements
for the Year Ended 31st December 2024

1. STATUTORY INFORMATION

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

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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2023 - 23 ) .

Garej Arwyn Cyf (Registered number: 05591607)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st January 2024 - 420,758 420,758
Additions 121,923 33,326 155,249
At 31st December 2024 121,923 454,084 576,007
DEPRECIATION
At 1st January 2024 - 290,447 290,447
Charge for year - 20,813 20,813
At 31st December 2024 - 311,260 311,260
NET BOOK VALUE
At 31st December 2024 121,923 142,824 264,747
At 31st December 2023 - 130,311 130,311

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 65,700 95,338
Other debtors 13,770 13,222
79,470 108,560

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 101,565 111,652
Hire purchase contracts 7,608 -
Trade creditors 81,438 95,856
Taxation and social security 54,458 51,790
Other creditors 2,000 2,535
247,069 261,833

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Bank loans 250,634 131,561
Hire purchase contracts 14,792 -
265,426 131,561

Garej Arwyn Cyf (Registered number: 05591607)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.12.24 31.12.23
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 179,634 64,374

8. OTHER FINANCIAL COMMITMENTS

At the 31st December 2024 the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £39,098, (2023 £38,423)