REGISTERED NUMBER: 11776250 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

CYNEFIN RETREATS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Miss L R M Felgate

REGISTERED OFFICE:

1 Coronation Terrace

Cusop

Hay on Wye

Herefordshire

HR3 5RD

REGISTERED NUMBER:

11776250 (England and Wales)

ACCOUNTANT:

N E Sears ATT

NESTAX Limited

9 Church Street

Builth Wells

Powys

LD2 3AP

FIXED ASSETS

Tangible assets

4

1,417,933

1,318,807

CURRENT ASSETS

Debtors

5

1,418

3,167

Cash at bank

46,244

165,540

47,662

168,707

CREDITORS

Amounts falling due within one year

6

1,023,655

1,113,016

NET CURRENT LIABILITIES

(975,993

)

(944,309

)

TOTAL ASSETS LESS CURRENT LIABILITIES

441,940

374,498

PROVISIONS FOR LIABILITIES

16,548

17,051

NET ASSETS

425,392

357,447

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

425,292

357,347

425,392

357,447

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 28 May 2025 and were signed by:

Miss L R M Felgate - Director

1.	STATUTORY INFORMATION

Cynefin Retreats 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.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

Buildings

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

1,250,605

13,219

137,239

6,311

1,407,374

Additions

101,135

18,728

745

791

121,399

At 31 March 2025

1,351,740

31,947

137,984

7,102

1,528,773

DEPRECIATION

At 1 April 2024

-

4,722

78,707

5,138

88,567

Charge for year

-

6,806

14,819

648

22,273

At 31 March 2025

-

11,528

93,526

5,786

110,840

NET BOOK VALUE

At 31 March 2025

1,351,740

20,419

44,458

1,316

1,417,933

At 31 March 2024

1,250,605

8,497

58,532

1,173

1,318,807

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

1,418

3,167

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

11,757

21,463

Trade creditors

6,053

704

Taxation and social security

46,081

51,825

Other creditors

959,764

1,039,024

1,023,655

1,113,016