Tafarn Y Felin Ltd 13550877 true 2023-09-01 2024-08-31 2024-08-31 The principal activity of the company is Public house and bar Digita Accounts Production Advanced 6.30.9574.0 true Lynda Evans Neil Evans Audra Williams Ronald Wayne Williams true 13550877 2023-09-01 2024-08-31 13550877 2024-08-31 13550877 core:RetainedEarningsAccumulatedLosses 2024-08-31 13550877 core:ShareCapital 2024-08-31 13550877 core:CurrentFinancialInstruments 2024-08-31 13550877 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 13550877 core:Non-currentFinancialInstruments 2024-08-31 13550877 core:Non-currentFinancialInstruments core:AfterOneYear 2024-08-31 13550877 bus:FRS102 2023-09-01 2024-08-31 13550877 bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 13550877 bus:FullAccounts 2023-09-01 2024-08-31 13550877 bus:RegisteredOffice 2023-09-01 2024-08-31 13550877 bus:CompanySecretaryDirector1 2023-09-01 2024-08-31 13550877 bus:Director2 2023-09-01 2024-08-31 13550877 bus:Director3 2023-09-01 2024-08-31 13550877 bus:Director4 2023-09-01 2024-08-31 13550877 bus:EntityNoLongerTradingButTradedInPast 2023-09-01 2024-08-31 13550877 bus:Consolidated 2023-09-01 2024-08-31 13550877 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 13550877 countries:AllCountries 2023-09-01 2024-08-31 13550877 2022-09-01 2023-08-31 13550877 2023-08-31 13550877 core:RetainedEarningsAccumulatedLosses 2023-08-31 13550877 core:ShareCapital 2023-08-31 13550877 core:CurrentFinancialInstruments 2023-08-31 13550877 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 13550877 core:Non-currentFinancialInstruments 2023-08-31 13550877 core:Non-currentFinancialInstruments core:AfterOneYear 2023-08-31 iso4217:GBP xbrli:shares

Registration number: 13550877

Tafarn Y Felin Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 August 2024

 

Tafarn Y Felin Ltd

Profit and Loss Account for the Year Ended 31 August 2024

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Tafarn Y Felin Ltd

(Registration number: 13550877)
Balance Sheet as at 31 August 2024

Note

2024
£

2023
£

Current assets

 

Debtors

3

(52,273)

(52,273)

Cash at bank and in hand

 

1,971

1,971

 

(50,302)

(50,302)

Creditors: Amounts falling due within one year

5

1,065

1,065

Total assets less current liabilities

 

(49,237)

(49,237)

Creditors: Amounts falling due after more than one year

5

(2,457)

(2,457)

Net liabilities

 

(51,694)

(51,694)

Capital and reserves

 

Called up share capital

6

100

100

Retained earnings

(51,794)

(51,794)

Shareholders' deficit

 

(51,694)

(51,694)

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

For the financial year ending 31 August 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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.

Approved and authorised by the Board on 16 May 2025 and signed on its behalf by:
 

.........................................
Lynda Evans
Company secretary and director

 

Tafarn Y Felin Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

1

General information

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

The address of its registered office is:
12 Heol Beili Glas
Llanelli
Carmarthen
SA14 8DT

These financial statements were authorised for issue by the Board on 16 May 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

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities 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 financial statements have been prepared on a going concern basis.

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 debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

Tafarn Y Felin Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

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.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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

Debtors

Current

2024
£

2023
£

Trade debtors

(64,688)

(64,688)

Other debtors

12,415

12,415

 

(52,273)

(52,273)

4

Cash and cash equivalents

2024
£

2023
£

Cash on hand

(3,265)

(3,265)

Cash at bank

5,236

5,236

1,971

1,971

 

Tafarn Y Felin Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

5

Creditors

Note

2024
£

2023
£

Due within one year

 

Other payables

 

(1,830)

(1,830)

Accruals

 

765

765

 

(1,065)

(1,065)

Due after one year

 

Loans and borrowings

7

2,457

2,457

6

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Neil Evans of £1 each

25

25

25

25

Ronal Williams of £1 each

25

25

25

25

Audra Williams of £1 each

25

25

25

25

Lynda Evans of £1 each

25

25

25

25

100

100

100

100

7

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Other borrowings

2,457

2,457