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REGISTERED NUMBER: 03205080 (England and Wales)















SESIWN FAWR DOLGELLAU

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025






SESIWN FAWR DOLGELLAU (REGISTERED NUMBER: 03205080)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 28 FEBRUARY 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SESIWN FAWR DOLGELLAU

COMPANY INFORMATION
for the Year Ended 28 FEBRUARY 2025







DIRECTORS: Y Myfyr
Miss B Evans
Ms E Jones
D E Lloyd
E Llwyd
A G Owen





SECRETARY: Y Myfyr





REGISTERED OFFICE: Bryn Ethin
Ffordd y Gader
Dolgellau
Gwynedd
LL40 1RH





REGISTERED NUMBER: 03205080 (England and Wales)





ACCOUNTANTS: E W Owen & Co
Glyndwr Buildings
Glyndwr Street
Dolgellau
Gwynedd
LL40 1BB

SESIWN FAWR DOLGELLAU (REGISTERED NUMBER: 03205080)

BALANCE SHEET
28 FEBRUARY 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 14,497 5,386

CURRENT ASSETS
Stocks 500 1,000
Debtors 5 10,296 8,000
Cash at bank 39,874 35,813
50,670 44,813
CREDITORS
Amounts falling due within one year 6 16,828 4,117
NET CURRENT ASSETS 33,842 40,696
TOTAL ASSETS LESS CURRENT
LIABILITIES

48,339

46,082

PROVISIONS FOR LIABILITIES 2,755 1,023
NET ASSETS 45,584 45,059

RESERVES
Income and expenditure account 45,584 45,059
45,584 45,059

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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 surplus or deficit 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.

SESIWN FAWR DOLGELLAU (REGISTERED NUMBER: 03205080)

BALANCE SHEET - continued
28 FEBRUARY 2025


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 15 May 2025 and were signed on its behalf by:





Y Myfyr - Director


SESIWN FAWR DOLGELLAU (REGISTERED NUMBER: 03205080)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 28 FEBRUARY 2025


1. STATUTORY INFORMATION

Sesiwn Fawr Dolgellau is a private company, limited by guarantee , 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 - 20% on reducing balance and 10% 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 surplus or deficit on a straight line basis over the period of the lease.

SESIWN FAWR DOLGELLAU (REGISTERED NUMBER: 03205080)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 FEBRUARY 2025


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
Equipment fittings equipment Totals
£    £    £    £   
COST
At 1 March 2024 5,491 84 1,453 7,028
Additions 10,789 - - 10,789
At 28 February 2025 16,280 84 1,453 17,817
DEPRECIATION
At 1 March 2024 744 40 858 1,642
Charge for year 1,554 5 119 1,678
At 28 February 2025 2,298 45 977 3,320
NET BOOK VALUE
At 28 February 2025 13,982 39 476 14,497
At 29 February 2024 4,747 44 595 5,386

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 10,296 8,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Pre-receipts 16,229 -
Trade creditors 599 600
Taxation and social security - 3,517
16,828 4,117