REGISTERED NUMBER: 03720798 (Wales)

Unaudited Financial Statements for the Year Ended 30 September 2024

for

Tarian (Yswiriant) Cyfyngedig

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTOR:

Mrs G Parry-Jones

SECRETARY:

Mr G W Roberts

REGISTERED OFFICE:

14 Stryd Y Porth Mawr

Caernarfon

Gwynedd

LL55 1AG

REGISTERED NUMBER:

03720798 (Wales)

ACCOUNTANTS:

Emyr Mortimer Cyf

32 Y Maes

Caernarfon

Gwynedd

LL55 2NN

FIXED ASSETS

Tangible assets

4

3,088

917

CURRENT ASSETS

Debtors

5

406,605

183,857

Cash at bank and in hand

265,210

414,691

671,815

598,548

CREDITORS

Amounts falling due within one year

6

318,057

263,978

NET CURRENT ASSETS

353,758

334,570

TOTAL ASSETS LESS CURRENT LIABILITIES

356,846

335,487

CREDITORS

Amounts falling due after more than one year

7

(16,667

)

(26,667

)

PROVISIONS FOR LIABILITIES

(726

)

(229

)

NET ASSETS

339,453

308,591

CAPITAL AND RESERVES

Called up share capital

8,000

8,000

Share premium

4,500

4,500

Retained earnings

326,953

296,091

339,453

308,591

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

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

The director acknowledges her 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 26 September 2025 and were signed by:

Mrs G Parry-Jones - Director

1.	STATUTORY INFORMATION

Tarian (Yswiriant) Cyfyngedig 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.

Plant and machinery etc

-

25% on reducing balance and 20% on reducing balance

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.

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 6 (2023 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 October 2023

6,193

107,519

113,712

Additions

-

3,000

3,000

Disposals

-

(3,000

)

(3,000

)

At 30 September 2024

6,193

107,519

113,712

DEPRECIATION

At 1 October 2023

6,193

106,602

112,795

Charge for year

-

829

829

Eliminated on disposal

-

(3,000

)

(3,000

)

At 30 September 2024

6,193

104,431

110,624

NET BOOK VALUE

At 30 September 2024

-

3,088

3,088

At 30 September 2023

-

917

917

Fixed assets are stated at their cost price, less accumulated depreciation and less amounts recognised in respect of impairment.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

£

Trade debtors

365,642

170,822

Other debtors

40,963

13,035

406,605

183,857

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

£

Trade creditors

284,033

224,436

Taxation and social security

13,833

18,776

Other creditors

20,191

20,766

318,057

263,978

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.24

30.9.23

£

£

Bank loans

16,667

26,667

8.	RELATED PARTY DISCLOSURES

In the year to the end of September 2024, there were transactions with two associated companies, Siop Morgeisi Direct Mortgages Limited and Menai Tractors Ltd. £850 was paid to the former, for services rendered, and £8,500 was owed by, the latter at the year end.

The director maintained an 'in credit' current account throughout the year.

The following reproduces the text of the report prepared for the director 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 Director 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 Tarian (Yswiriant) Cyfyngedig for the year ended 30 September 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 director of Tarian (Yswiriant) Cyfyngedig in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Tarian (Yswiriant) Cyfyngedig and state those matters that we have agreed to state to the director of Tarian (Yswiriant) Cyfyngedig 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 Tarian (Yswiriant) Cyfyngedig and its director for our work or for this report.

It is your duty to ensure that Tarian (Yswiriant) Cyfyngedig 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 Tarian (Yswiriant) Cyfyngedig. You consider that Tarian (Yswiriant) Cyfyngedig 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 Tarian (Yswiriant) Cyfyngedig. 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.

Emyr Mortimer Cyf

32 Y Maes

Caernarfon

Gwynedd

LL55 2NN

29 September 2025