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REGISTERED NUMBER: 00556169 (England and Wales)













DAN EVANS(BARRY)LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024






DAN EVANS(BARRY)LIMITED (REGISTERED NUMBER: 00556169)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DAN EVANS(BARRY)LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: Ms R M Roberts
Dr O G Evans





SECRETARY: Mr M Evans





REGISTERED OFFICE: 20 Palace Road
Llandaff
Cardiff
CF5 2AF





REGISTERED NUMBER: 00556169 (England and Wales)





ACCOUNTANTS: Carston ETL
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ

DAN EVANS(BARRY)LIMITED (REGISTERED NUMBER: 00556169)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 1,000 1,000
Investment property 5 900,000 900,000
901,000 901,000

CURRENT ASSETS
Debtors 6 14,930 13,781
Cash at bank 54,060 35,498
68,990 49,279
CREDITORS
Amounts falling due within one year 7 296,913 320,104
NET CURRENT LIABILITIES (227,923 ) (270,825 )
TOTAL ASSETS LESS CURRENT LIABILITIES 673,077 630,175

CAPITAL AND RESERVES
Called up share capital 240,800 240,800
Capital redemption reserve 12,600 12,600
Retained earnings 419,677 376,775
SHAREHOLDERS' FUNDS 673,077 630,175

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 May 2025 and were signed on its behalf by:





Dr O G Evans - Director


DAN EVANS(BARRY)LIMITED (REGISTERED NUMBER: 00556169)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024


1. STATUTORY INFORMATION

Dan Evans(Barry)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 as modified by the revaluation of certain assets.

Turnover
Turnover comprises rent, insurance and service charge receivable exclusive of value added tax.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Repairs and maintenance
In the absence of a specific intention by the board of either a disposition or substantial reconstruction of letting units in investment properties, all expenditure incurred on general repair, maintenance and upgrade is written off as incurred. It is the opinion of the board that the nature of the company's property ownership is such that any appreciation in value is due to the passage of time rather than intent to improve as policy and is as such reflected through the revaluation reserve.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

DAN EVANS(BARRY)LIMITED (REGISTERED NUMBER: 00556169)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
At 1 August 2023
and 31 July 2024 1,000
NET BOOK VALUE
At 31 July 2024 1,000
At 31 July 2023 1,000

5. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 August 2023
and 31 July 2024 900,000
NET BOOK VALUE
At 31 July 2024 900,000
At 31 July 2023 900,000

Fair value at 31 July 2024 is represented by:
£
Valuation in 2022 900,000

Investment property was valued on an open market basis basis on 31 July 2022 by by an appropriately qualified third party .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Other debtors 14,930 13,781

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors - (5 )
Amounts owed to group undertakings 999 999
Amounts owed to associates 270,000 300,000
Taxation and social security 17,761 10,690
Other creditors 8,153 8,420
296,913 320,104

8. RELATED PARTY DISCLOSURES

Included in other creditors is £270,000 (2023 £300,000) due to a company in which the directors are significant but not controlling directors and shareholders. The amount due is interest free, unsecured and with no specific terms for repayment.