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REGISTERED NUMBER: 00540532 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2025

for

Trefeddian Hotel (Aberdovey) Limited

Trefeddian Hotel (Aberdovey) Limited (Registered number: 00540532)

Contents of the Financial Statements
for the Year Ended 31 January 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Trefeddian Hotel (Aberdovey) Limited

Company Information
for the Year Ended 31 January 2025







DIRECTORS: Mrs C A Cave-Browne-Cave
T E Cave-Browne-Cave
Mrs L F Pugh





SECRETARY: Mrs C A Cave-Browne-Cave





REGISTERED OFFICE: Trefeddian Hotel
Tywyn Road
Aberdovey
Gwynedd
LL35 0SB





REGISTERED NUMBER: 00540532 (England and Wales)





ACCOUNTANTS: Corfield Accountancy Limited
Chartered Accountants
Myrick House
Hendomen
Montgomery
Powys
SY15 6EZ

Trefeddian Hotel (Aberdovey) Limited (Registered number: 00540532)

Balance Sheet
31 January 2025

31.1.25 31.1.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 2,458,657 2,485,338

CURRENT ASSETS
Stocks 39,593 42,861
Debtors 5 502,336 505,507
Cash at bank 855,735 779,631
1,397,664 1,327,999
CREDITORS
Amounts falling due within one year 6 482,026 549,709
NET CURRENT ASSETS 915,638 778,290
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,374,295

3,263,628

CREDITORS
Amounts falling due after more than one
year

7

(301,932

)

(394,412

)

PROVISIONS FOR LIABILITIES (7,616 ) (20,293 )
NET ASSETS 3,064,747 2,848,923

CAPITAL AND RESERVES
Called up share capital 17,795 17,795
Capital redemption reserve 2,205 2,205
Other reserves 1,943 1,943
Retained earnings 3,042,804 2,826,980
SHAREHOLDERS' FUNDS 3,064,747 2,848,923

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

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

Trefeddian Hotel (Aberdovey) Limited (Registered number: 00540532)

Balance Sheet - continued
31 January 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 6 June 2025 and were signed on its behalf by:





Mrs C A Cave-Browne-Cave - Director


Trefeddian Hotel (Aberdovey) Limited (Registered number: 00540532)

Notes to the Financial Statements
for the Year Ended 31 January 2025


1. STATUTORY INFORMATION

Trefeddian Hotel (Aberdovey) Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, or each asset on a systematic basis over their expected useful lives as follows:-

Freehold Property1% on cost
Plant & Machinery10% on cost
Fixtures & Fittings10% and 25% on cost
Motor Vehicles25% on cost

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.


Trefeddian Hotel (Aberdovey) Limited (Registered number: 00540532)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025


2. ACCOUNTING POLICIES - continued
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 61 (2024 - 65 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2024 2,771,230 2,695,107 5,466,337
Additions - 80,622 80,622
Disposals - (61,675 ) (61,675 )
At 31 January 2025 2,771,230 2,714,054 5,485,284
DEPRECIATION
At 1 February 2024 430,377 2,550,622 2,980,999
Charge for year 27,712 48,754 76,466
Eliminated on disposal - (30,838 ) (30,838 )
At 31 January 2025 458,089 2,568,538 3,026,627
NET BOOK VALUE
At 31 January 2025 2,313,141 145,516 2,458,657
At 31 January 2024 2,340,853 144,485 2,485,338

Trefeddian Hotel (Aberdovey) Limited (Registered number: 00540532)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade debtors 94,578 92,724
Other debtors 407,758 412,783
502,336 505,507

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Bank loans and overdrafts 38,460 74,935
Trade creditors 71,972 85,979
Taxation and social security 131,847 111,627
Other creditors 239,747 277,168
482,026 549,709

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.25 31.1.24
£    £   
Bank loans 301,932 394,412

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 148,091 94,671

8. SECURED DEBTS

The following secured debts are included within creditors:

31.1.25 31.1.24
£    £   
Bank loans 340,392 469,347

The bank loan of £340,392 is secured by a floating charge over the company's assets.

Trefeddian Hotel (Aberdovey) Limited (Registered number: 00540532)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025


9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2025 and 31 January 2024:

31.1.25 31.1.24
£    £   
T E Cave-Browne-Cave
Balance outstanding at start of year 398,726 398,726
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 398,726 398,726

Interest is charged annually at HMRC approved rate and there is no specific repayment date.