REGISTERED NUMBER: 04944476 (England and Wales)

REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

DAFARN RHOS LIMITED

Page

Company Information

1

Report of the Directors

2

Balance Sheet

3

to

4

Notes to the Financial Statements

5

to

7

DIRECTORS:

Mr R Owen

Mrs M E Owen

SECRETARY:

Mrs M E Owen

REGISTERED OFFICE:

Dafarn Rhos

Lligwy Beach

Moelfre

Anglesey

Gwynedd

LL72 8NN

REGISTERED NUMBER:

04944476 (England and Wales)

ACCOUNTANTS:

Cadishead Accountancy Services Limited

Britannic House

657 Liverpool Road

Irlam

Manchester

Lancashire

M44 5XD

BANKERS:

HSBC Plc

High Street

Llangefni

Ynys Mon

LL77 7LU

The directors present their report with the financial statements of the company for the year ended 31 December 2024.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of a campsite and rental of holiday homes.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 January 2024 to the date of this report.

Mr R Owen

Mrs M E Owen

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Mrs M E Owen - Director

19 September 2025

FIXED ASSETS

Tangible assets

4

283,850

324,387

CURRENT ASSETS

Debtors

5

4,680

8,557

Prepayments and accrued income

6,863

10,506

Cash at bank and in hand

53,879

49,845

65,422

68,908

CREDITORS

Amounts falling due within one year

6

(108,224

)

(144,294

)

NET CURRENT LIABILITIES

(42,802

)

(75,386

)

TOTAL ASSETS LESS CURRENT LIABILITIES

241,048

249,001

CREDITORS

Amounts falling due after more than one year

7

-

(1,024

)

PROVISIONS FOR LIABILITIES

(29,838

)

(38,054

)

NET ASSETS

211,210

209,923

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

211,208

209,921

SHAREHOLDERS' FUNDS

211,210

209,923

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 September 2025 and were signed on its behalf by:

Mrs M E Owen - Director

1.	STATUTORY INFORMATION

Dafarn Rhos 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.

Freehold property

-

not provided

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 AND DIRECTORS

The average number of employees during the year was 10 (2023 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

119,756

537,438

7,104

8,091

672,389

Additions

-

3,850

7,500

555

11,905

At 31 December 2024

119,756

541,288

14,604

8,646

684,294

DEPRECIATION

At 1 January 2024

-

335,599

6,364

6,039

348,002

Charge for year

-

50,847

966

629

52,442

At 31 December 2024

-

386,446

7,330

6,668

400,444

NET BOOK VALUE

At 31 December 2024

119,756

154,842

7,274

1,978

283,850

At 31 December 2023

119,756

201,839

740

2,052

324,387

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

Plant and

machinery

£

COST

At 1 January 2024

and 31 December 2024

42,500

DEPRECIATION

At 1 January 2024

7,969

Charge for year

8,633

At 31 December 2024

16,602

NET BOOK VALUE

At 31 December 2024

25,898

At 31 December 2023

34,531

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other debtors

4,680

8,557

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

40

246

Hire purchase contracts

1,024

6,287

Trade creditors

1,603

2,609

Taxation and social security

20,152

2,371

Other creditors

85,405

132,781

108,224

144,294

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts

-

1,024

8.	RELATED PARTY DISCLOSURES

Mr R and Mrs E Owen

Property rental

The property that the company rents is owned by its directors. During the year rent of £27,500 (2023

£22,500) was charged.

9.	ULTIMATE CONTROLLING PARTY

The company is under the control of its Directors.