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REGISTERED NUMBER: 02205272 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

NANT-Y-FOEL CYFYNGEDIG

NANT-Y-FOEL CYFYNGEDIG (REGISTERED NUMBER: 02205272)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


NANT-Y-FOEL CYFYNGEDIG

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTOR: Ms M Welsby





REGISTERED OFFICE: Cartref Bryn Yr Eglwys
Pentrefoelas
CONWY
LL24 0HY





REGISTERED NUMBER: 02205272 (England and Wales)





ACCOUNTANTS: Williams Denton Cyf
Chartered Certified Accountants
Glaslyn
Ffordd y Parc
Parc Menai
Bangor
Gwynedd
LL57 4FE

NANT-Y-FOEL CYFYNGEDIG (REGISTERED NUMBER: 02205272)

ABRIDGED BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,202,338 2,205,681

CURRENT ASSETS
Stocks 1,458 1,389
Debtors 470,965 189,268
Cash at bank and in hand 213,855 293,689
686,278 484,346
CREDITORS
Amounts falling due within one year 357,003 308,825
NET CURRENT ASSETS 329,275 175,521
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,531,613

2,381,202

CREDITORS
Amounts falling due after more than one
year

5

(525,382

)

(644,741

)

PROVISIONS FOR LIABILITIES (136,105 ) (135,966 )
NET ASSETS 1,870,126 1,600,495

CAPITAL AND RESERVES
Called up share capital 4 4
Fair value reserve 6 261,995 261,995
Retained earnings 1,608,127 1,338,496
1,870,126 1,600,495

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.

NANT-Y-FOEL CYFYNGEDIG (REGISTERED NUMBER: 02205272)

ABRIDGED BALANCE SHEET - continued
31 MARCH 2025


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 31 March 2025 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 director and authorised for issue on 25 June 2025 and were signed by:





Ms M Welsby - Director


NANT-Y-FOEL CYFYNGEDIG (REGISTERED NUMBER: 02205272)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Nant-Y-Foel Cyfyngedig 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 represents the amounts derived from the provision of nursing care which is exempt from Value Added Tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - in accordance with the property
Plant and machinery etc - 25% on cost 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 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.

NANT-Y-FOEL CYFYNGEDIG (REGISTERED NUMBER: 02205272)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2024 - 25 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2024 2,363,771
Additions 14,983
At 31 March 2025 2,378,754
DEPRECIATION
At 1 April 2024 158,090
Charge for year 18,326
At 31 March 2025 176,416
NET BOOK VALUE
At 31 March 2025 2,202,338
At 31 March 2024 2,205,681

Land and buildings were revalued on 16th March 2012 by a firm of Chartered Surveyors not connected with the company on the basis of market value.

If land and buildings were stated on an historical cost basis rather than deemed cost basis, the carrying value on revaluation would have been £245,614.The original cost was £451,546.

.

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
2025 2024
£    £   
Repayable by instalments
Bank loans more 5 yr by instal 525,382 644,741

6. RESERVES
Fair
value
reserve
£   
At 1 April 2024
and 31 March 2025 261,995

NANT-Y-FOEL CYFYNGEDIG (REGISTERED NUMBER: 02205272)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

2025 2024
£    £   
Ms M Welsby
Balance outstanding at start of year 128,271 122,857
Amounts advanced 488,384 244,575
Amounts repaid (241,120 ) (239,161 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 375,535 128,271