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REGISTERED NUMBER: 06726546 (England and Wales)














Unaudited Financial Statements for the Year Ended 30 November 2024

for

Anglesey Turf Company Limited

Anglesey Turf Company Limited (Registered number: 06726546)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


Anglesey Turf Company Limited

Company Information
for the Year Ended 30 November 2024







DIRECTOR: S A Hamlett





REGISTERED OFFICE: Llyn Penmaen Farm
Laneilian
Amlwch
Anglesey
LL68 9LP





REGISTERED NUMBER: 06726546 (England and Wales)





ACCOUNTANTS: Douglas Fairless Partnership
Seymour Chambers
92 London Road
Liverpool
Merseyside
L3 5NW

Anglesey Turf Company Limited (Registered number: 06726546)

Abridged Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 779,801 801,664

CURRENT ASSETS
Stocks 3,062 2,880
Debtors 75,411 43,694
Cash at bank and in hand 636,080 505,446
714,553 552,020
CREDITORS
Amounts falling due within one year 205,849 130,750
NET CURRENT ASSETS 508,704 421,270
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,288,505

1,222,934

CREDITORS
Amounts falling due after more than one
year

5

(178,078

)

(232,396

)

PROVISIONS FOR LIABILITIES (119,273 ) (98,564 )
NET ASSETS 991,154 891,974

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 991,152 891,972
SHAREHOLDERS' FUNDS 991,154 891,974

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 November 2024 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 27 August 2025 and were signed by:




S A Hamlett - Director


Anglesey Turf Company Limited (Registered number: 06726546)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Anglesey Turf Company 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 6 ) .

Anglesey Turf Company Limited (Registered number: 06726546)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 December 2023 1,338,146
Additions 71,122
Disposals (13,369 )
At 30 November 2024 1,395,899
DEPRECIATION
At 1 December 2023 536,482
Charge for year 91,457
Eliminated on disposal (11,841 )
At 30 November 2024 616,098
NET BOOK VALUE
At 30 November 2024 779,801
At 30 November 2023 801,664

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 December 2023 403,323
Additions 26,500
At 30 November 2024 429,823
DEPRECIATION
At 1 December 2023 132,820
Charge for year 44,550
At 30 November 2024 177,370
NET BOOK VALUE
At 30 November 2024 252,453
At 30 November 2023 270,503

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS
30.11.24 30.11.23
£    £   
Repayable by instalments
Other loans more 5yrs instal 115,368 128,000