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REGISTERED NUMBER: 13208944 (England and Wales)


















LLYS Y COED LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024






LLYS Y COED LTD (REGISTERED NUMBER: 13208944)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


LLYS Y COED LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTORS: Mrs J Jones
Dr A B Jones





REGISTERED OFFICE: Llys Y Coed
Bro Cerwyn
Llanpumsaint
Carmarthen
SA33 6BW





REGISTERED NUMBER: 13208944 (England and Wales)






LLYS Y COED LTD (REGISTERED NUMBER: 13208944)

ABRIDGED BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 223,545 241,226

CURRENT ASSETS
Cash at bank 154 5,161

CREDITORS
Amounts falling due within one year 193,151 187,214
NET CURRENT LIABILITIES (192,997 ) (182,053 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

30,548

59,173

CREDITORS
Amounts falling due after more than one
year

5

132,956

133,000
NET LIABILITIES (102,408 ) (73,827 )

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings (102,428 ) (73,847 )
(102,408 ) (73,827 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

LLYS Y COED LTD (REGISTERED NUMBER: 13208944)

ABRIDGED BALANCE SHEET - continued
29 FEBRUARY 2024


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 29 February 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 23 May 2025 and were signed on its behalf by:




Mrs J Jones - Director



Dr A B Jones - Director


LLYS Y COED LTD (REGISTERED NUMBER: 13208944)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024


1. STATUTORY INFORMATION

Llys Y Coed Ltd 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 - 10% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

LLYS Y COED LTD (REGISTERED NUMBER: 13208944)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024


4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2023 244,870
Additions 3,184
Disposals (17,270 )
At 29 February 2024 230,784
DEPRECIATION
At 1 March 2023 3,644
Charge for year 3,595
At 29 February 2024 7,239
NET BOOK VALUE
At 29 February 2024 223,545
At 28 February 2023 241,226

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
2024 2023
£    £   
Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 132,956 133,000