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REGISTERED NUMBER: 11040823 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 October 2024

for

Coeden Helyg Investments Limited

Coeden Helyg Investments Limited (Registered number: 11040823)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Coeden Helyg Investments Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: Mrs A Veazey
Mrs R M Reid
A H Reid





REGISTERED OFFICE: Wangfield House
Wangfield Lane
Curdridge
Southampton
Hampshire
SO32 2DA





REGISTERED NUMBER: 11040823 (England and Wales)





ACCOUNTANTS: Butler & Co Alresford Limited
Chartered Accountants
The Old Stables
Sutton Manor Farm
Bishops Sutton
Alresford
Hampshire
SO24 0AA

Coeden Helyg Investments Limited (Registered number: 11040823)

Balance Sheet
31 October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 683 6,710
Investment property 5 6,797,000 7,833,000
6,797,683 7,839,710

CURRENT ASSETS
Debtors 6 622,546 605,012
Cash at bank 228,937 358,823
851,483 963,835
CREDITORS
Amounts falling due within one year 7 75,743 110,977
NET CURRENT ASSETS 775,740 852,858
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,573,423

8,692,568

CREDITORS
Amounts falling due after more than one
year

8

(821,854

)

(1,770,411

)

PROVISIONS FOR LIABILITIES 10 (26,171 ) (35,678 )
NET ASSETS 6,725,398 6,886,479

CAPITAL AND RESERVES
Called up share capital 11 10,000 10,000
Share premium 6,113,064 6,113,064
Fair value reserve - non-distributable 78,000 102,000
Retained earnings 524,334 661,415
SHAREHOLDERS' FUNDS 6,725,398 6,886,479

Coeden Helyg Investments Limited (Registered number: 11040823)

Balance Sheet - continued
31 October 2024


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2025 and were signed on its behalf by:





Mrs R M Reid - Director


Coeden Helyg Investments Limited (Registered number: 11040823)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Coeden Helyg Investments 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 is measured at the fair value of consideration received or receivable, excluding discounts, rebates and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Motor vehicles - 25% reducing balance basis and 20% on cost
Computer equipment - 33.3% on 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.

Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Taxation
Taxation for the year comprises current 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 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
Property, plant and equipment acquired under finance leases or hire purchase contracts are capitalised and depreciated in the same manner as other tangible fixed assets. The related obligations, net of future finance charges, are included in creditors.

Rentals payable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

Coeden Helyg Investments Limited (Registered number: 11040823)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

2. ACCOUNTING POLICIES - continued

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

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 November 2023 31,580 6,346 37,926
Additions - 728 728
At 31 October 2024 31,580 7,074 38,654
DEPRECIATION
At 1 November 2023 25,265 5,951 31,216
Charge for year 6,315 440 6,755
At 31 October 2024 31,580 6,391 37,971
NET BOOK VALUE
At 31 October 2024 - 683 683
At 31 October 2023 6,315 395 6,710

Included within motor vehicles are assets held under hire purchase or finance lease agreements with a net book value of £nil (2023- £6,315).

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2023 7,833,000
Disposals (1,036,000 )
At 31 October 2024 6,797,000
NET BOOK VALUE
At 31 October 2024 6,797,000
At 31 October 2023 7,833,000

If investment property had not been revalued it would have been included at a historical cost of £6,693,000 (2023 - £7,697,000). Investment property was valued on an open market basis on 31 October 2022 by Aitchison Rafferty.

Coeden Helyg Investments Limited (Registered number: 11040823)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

6. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 26,036 25,895
Directors' current accounts 70,107 52,714
96,143 78,609

Amounts falling due after more than one year:
Coeden Helyg Limited loan 526,403 526,403

Aggregate amounts 622,546 605,012

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 10,971 3,897
Trade creditors 14,024 11,883
Corporation tax 38,301 74,752
Social security and other taxes 5,775 13,439
Other creditors 3,072 3,406
Accruals and deferred income 3,600 3,600
75,743 110,977

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans more than 5 years 821,854 1,759,440
Hire purchase contracts - 10,971
821,854 1,770,411

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 years 821,854 1,759,440

Coeden Helyg Investments Limited (Registered number: 11040823)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 821,854 1,759,440

The bank loans are secured by way of:

1 Legal mortgage over the investment properties;
2 Fixed charge over:


(a)
all estates or interests in any freehold or leasehold property in England and Wales now or
hereafter belonging to the company;


(b)
all other interests belonging to the company in or over land or the proceeds of sales of land and
all licences held by the company;


(c)
the benefit of all other agreements relating to the investment properties to which the company
may become a party or otherwise entitled;
(d) all plant and machinery owned by the company;
(e) all fixtures and fittings attached to the investment properties;
(f) all shares held by the company and all related rights;
(g) all other chattels of the company located within the investment properties;
(h) all benefits in respect of the insurances including all claims and the refund of any premiums;
(i) its rights under the appointment of any managing agent of any of the investment properties;
(j) the deposits;
(k) all rents receivable from any lease granted of the investment properties; and




(l)
all of the company's book debts, other debts and prepayments, the proceeds of the same and all
monies due and owing to the company together with the full benefit of all security interests,
collateral instruments and other rights relating to any of the foregoing;
(m) all the goodwill of the company's business carried out at the investment properties.




(n)
the benefit of all authorisations held in connection with the company's business or the use of
any charged assets and the right to recover and receive all compensation which may be payable
to it in respect of such authorisations or the charged assets; and
3 Floating charge over all of the company's undertaking, property, rights and assets whatsoever and
wheresoever both present and future, other than any property, rights or assets from time to time
effectively charged by way of fixed charge.

The appropriate charges over the investment properties are registered at Companies House.

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 1,678 1,678
Investment revaluations 24,493 34,000
26,171 35,678

Deferred
tax
£   
Balance at 1 November 2023 35,678
Accelerated capital allowances (1,507 )
Investment revaluations (8,000 )
Balance at 31 October 2024 26,171

Coeden Helyg Investments Limited (Registered number: 11040823)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
10,000 Ordinary £1 10,000 10,000

12. RELATED PARTY DISCLOSURES

Coeden Helyg Limited
Mrs R Reid and Mr A Reid are directors

During the period under review management expenses were incurred amounting to £25,000 (2023 - £80,000).

Owed to/(from) related party at the balance sheet date:
2024 2023
£ £
Mrs A Veazey - director (15,337 ) -
Mrs R Reid - director (27,385 ) (26,357 )
Mr A Reid - director (27,385 ) (26,357 )
Coeden Helyg Limited (526,403 ) (526,403 )