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REGISTERED NUMBER: 12970844 (England and Wales)






























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

MAWDDACH CRAB LIMITED

MAWDDACH CRAB LIMITED (REGISTERED NUMBER: 12970844)

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


MAWDDACH CRAB LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTORS: Dr C M L Williams
Dr C D Williams





REGISTERED OFFICE: 13 Victoria Road
Woodhouse Eaves
Loughborough
Leicestershire
LE12 8RF





REGISTERED NUMBER: 12970844 (England and Wales)

MAWDDACH CRAB LIMITED (REGISTERED NUMBER: 12970844)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 443,878 248,178

CURRENT ASSETS
Debtors 5 413 -
Cash at bank 4,058 491
4,471 491
CREDITORS
Amounts falling due within one year 6 286,355 83,753
NET CURRENT LIABILITIES (281,884 ) (83,262 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

161,994

164,916

CREDITORS
Amounts falling due after more than one
year

7

166,876

170,034
NET LIABILITIES (4,882 ) (5,118 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (4,884 ) (5,120 )
(4,882 ) (5,118 )

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.

MAWDDACH CRAB LIMITED (REGISTERED NUMBER: 12970844)

BALANCE SHEET - continued
31 OCTOBER 2024


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 28 August 2025 and were signed on its behalf by:





Dr C D Williams - Director


MAWDDACH CRAB LIMITED (REGISTERED NUMBER: 12970844)

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


1. STATUTORY INFORMATION

Mawddach Crab 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.

The financial statements have been prepared on a going concern basis. Continuing to trade depends upon the support of the directors or associated company. Should the company be unable to continue to trade, adjustments would have to be made to reduce the assets to their recoverable amount, to provide for any further liabilities which may arise, and to reclassify fixed assets as current.

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 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.

3. EMPLOYEES AND DIRECTORS

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

MAWDDACH CRAB LIMITED (REGISTERED NUMBER: 12970844)

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


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2023 248,178
Additions 195,700
At 31 October 2024 443,878
NET BOOK VALUE
At 31 October 2024 443,878
At 31 October 2023 248,178

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 413 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 3,645 3,643
Other creditors 282,710 80,110
286,355 83,753

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 166,876 170,034

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 years
by instalment 148,656 151,814
148,656 151,814

MAWDDACH CRAB LIMITED (REGISTERED NUMBER: 12970844)

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


8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 170,521 173,677

The bank loan is secured on the investment property by way of a legal charge.

9. RELATED PARTY DISCLOSURES

During the year the company received a loan of £17,714 (2023:£5,900) from Bwlch-Y-Cibau Fish Limited. The total outstanding at the year end was £81,779 (2023: £64,065). Dr CD Williams and Dr CML Williams are directors of both companies and controlling shareholders in both companies.

Included within Other Creditors is £198,876 , (2023: £13,944) owed jointly to the directors Dr CD Williams and Dr CML Williams