REGISTERED NUMBER: 07967998 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Bron Derw Storage Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J P Edwards

REGISTERED OFFICE:

Bron Derw

Llanwrst

Conwy

LL26 0YT

REGISTERED NUMBER:

07967998 (England and Wales)

ACCOUNTANTS:

Pareto Tax & Wealth LLP

The Old Schoolhouse

5-7 Byrom Street

Manchester

M3 4PF

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

13,314

17,367

Investments

6

32,168

88,989

45,482

106,356

CURRENT ASSETS

Cash at bank

434,605

331,428

CREDITORS

Amounts falling due within one year

7

26,550

30,874

NET CURRENT ASSETS

408,055

300,554

TOTAL ASSETS LESS CURRENT LIABILITIES

453,537

406,910

PROVISIONS FOR LIABILITIES

3,329

4,342

NET ASSETS

450,208

402,568

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

8

7,550

7,233

Retained earnings

442,558

395,235

SHAREHOLDERS' FUNDS

450,208

402,568

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 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.

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 2 September 2025 and were signed by:

J P Edwards - Director

1.	STATUTORY INFORMATION

Bron Derw Storage 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 the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of J P Edwards Caravan Storage, an entity controlled by J P Edwards, during the period is being amortised evenly over its estimated useful life of 5 years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost and 10% on cost

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 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

50,000

AMORTISATION

At 1 April 2024

and 31 March 2025

50,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

28,298

DEPRECIATION

At 1 April 2024

10,931

Charge for year

4,053

At 31 March 2025

14,984

NET BOOK VALUE

At 31 March 2025

13,314

At 31 March 2024

17,367

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 April 2024

88,989

Additions

7,862

Disposals

(65,000

)

Revaluations

317

At 31 March 2025

32,168

NET BOOK VALUE

At 31 March 2025

32,168

At 31 March 2024

88,989

Cost or valuation at 31 March 2025 is represented by:

Other

investments

£

Valuation in 2019

51,353

Valuation in 2020

(1,476

)

Valuation in 2021

17,131

Valuation in 2022

7,782

Valuation in 2023

1,884

Valuation in 2024

12,315

Valuation in 2025

(56,821

)

32,168

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

12,648

9,579

Other creditors

13,902

21,295

26,550

30,874

8.

RESERVES

Revaluation

reserve

£

At 1 April 2024

7,233

Revaluation reserve

317

At 31 March 2025

7,550

9.	RELATED PARTY DISCLOSURES

At 31 March 2025, the company owed £13,902 (2024: £21,295) to J P Edwards, director.

The loan is interest free and repayable on demand.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J P Edwards.