Company Registration No. 11831959 (England and Wales)
Rhyl Subs Limited
Unaudited accounts
for the year ended 31 March 2025
Rhyl Subs Limited
Unaudited accounts
Contents
Rhyl Subs Limited
Company Information
for the year ended 31 March 2025
Company Number
11831959 (England and Wales)
Registered Office
14 HIGH STREET
RHYL
LL18 1ES
UNITED KINGDOM
Accountants
Abacus Accountants
9 Ruthin Road
Denbigh
Denbighshire
LL16 3EH
Rhyl Subs Limited
Statement of financial position
as at 31 March 2025
Intangible assets
57,000
57,000
Tangible assets
351,718
214,779
Cash at bank and in hand
36,849
112,595
Creditors: amounts falling due within one year
(420,396)
(340,238)
Net current liabilities
(363,547)
(207,643)
Called up share capital
100
100
Profit and loss account
45,071
64,036
Shareholders' funds
45,171
64,136
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 June 2025 and were signed on its behalf by
Peter Holmes
Director
Company Registration No. 11831959
Rhyl Subs Limited
Notes to the Accounts
for the year ended 31 March 2025
Rhyl Subs Limited is a private company, limited by shares, registered in England and Wales, registration number 11831959. The registered office is 14 HIGH STREET, RHYL, LL18 1ES, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Other
Total
At 1 April 2024
53,500
3,500
57,000
At 31 March 2025
53,500
3,500
57,000
At 31 March 2025
53,500
3,500
57,000
At 31 March 2024
53,500
3,500
57,000
Rhyl Subs Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
170,000
96,041
1,199
267,240
Additions
145,000
-
-
145,000
At 31 March 2025
315,000
96,041
1,199
412,240
At 1 April 2024
-
51,893
568
52,461
Charge for the year
-
7,947
114
8,061
At 31 March 2025
-
59,840
682
60,522
At 31 March 2025
315,000
36,201
517
351,718
At 31 March 2024
170,000
44,148
631
214,779
Amounts falling due after more than one year
Amounts due from group undertakings etc.
20,000
20,000
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
300,000
303,239
Obligations under finance leases and hire purchase contracts
14,500
-
Loans from directors
105,896
36,999
8
Average number of employees
During the year the average number of employees was 7 (2024: 7).