REGISTERED NUMBER: 00701034 (Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Parciau Caravans Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

6

DIRECTORS:

Mr G P Jones

Mrs K L Jones

Mr E P Jones

REGISTERED OFFICE:

Parciau

Marianglas

Anglesey

LL73 8NY

REGISTERED NUMBER:

00701034 (Wales)

ACCOUNTANTS:

Dunn & Ellis Cyf

Chartered Accountants

Adeilad St David's Building

Stryd Lombard Street

Porthmadog

Gwynedd

LL49 9AP

FIXED ASSETS

Tangible assets

4

467,160

478,187

CURRENT ASSETS

Stocks

186,490

115,823

Debtors

5

455,476

180,909

Cash at bank

245,105

370,248

887,071

666,980

CREDITORS

Amounts falling due within one year

6

138,284

123,907

NET CURRENT ASSETS

748,787

543,073

TOTAL ASSETS LESS CURRENT LIABILITIES

1,215,947

1,021,260

PROVISIONS FOR LIABILITIES

56,856

57,444

NET ASSETS

1,159,091

963,816

CAPITAL AND RESERVES

Called up share capital

2,000

2,000

Retained earnings

1,157,091

961,816

SHAREHOLDERS' FUNDS

1,159,091

963,816

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 18 September 2025 and were signed on its behalf by:

Mr G P Jones - Director

Mrs K L Jones - Director

Mr E P Jones - Director

1.	STATUTORY INFORMATION

Parciau Caravans Limited is a private company, limited by shares , registered in 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.

Land & buildings - not provided for

Improvements to property - 5% reducing balance

Plant & machinery - 15% reducing balance

Fixtures & fittings - 20% reducing balance

Motor vehicles - 25% 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

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 NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

233,954

419,042

652,996

Additions

-

11,109

11,109

At 31 December 2024

233,954

430,151

664,105

DEPRECIATION

At 1 January 2024

-

174,809

174,809

Charge for year

-

22,136

22,136

At 31 December 2024

-

196,945

196,945

NET BOOK VALUE

At 31 December 2024

233,954

233,206

467,160

At 31 December 2023

233,954

244,233

478,187

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

34,718

2,572

Amounts owed by group undertakings

450,000

150,000

Other debtors

(29,242

)

28,337

455,476

180,909

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

17,958

8

Taxation and social security

68,571

72,144

Other creditors

51,755

51,755

138,284

123,907

7.	RELATED PARTY DISCLOSURES

Having considered the disclosure requirement relating to related party transactions, the directors do not consider there to be anything to disclose.

8.	ULTIMATE CONTROLLING PARTY

From 8 March 2021, the company is a wholly owned subsidiary of Home Farm Anglesey Limited, a company registered at Companies House under the reference 09899792.

The ultimate controlling parties are, by virtue of their control over Home Farm Anglesey Limited, the directors of the said parent company.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Parciau Caravans Limited for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Parciau Caravans Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Parciau Caravans Limited and state those matters that we have agreed to state to the Board of Directors of Parciau Caravans Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Parciau Caravans Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Parciau Caravans Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Parciau Caravans Limited. You consider that Parciau Caravans Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Parciau Caravans Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Dunn & Ellis Cyf

Chartered Accountants

Adeilad St David's Building

Stryd Lombard Street

Porthmadog

Gwynedd

LL49 9AP

18 September 2025