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REGISTERED NUMBER: 08058090 (England and Wales)

| TWCAN CYFYNGEDIG |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MARCH 2025 |

TWCAN CYFYNGEDIG (REGISTERED NUMBER: 08058090)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

TWCAN CYFYNGEDIG

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTORS: | S G Saunders-Jones

| O G Saunders-Jones

| G Saunders-Jones

| SECRETARY: | K Saunders-Jones

| REGISTERED OFFICE: | Ysgubor Llawen

| Monknash

| Cowbridge

| Vale of Glamorgan

| CF71 7QQ

| REGISTERED NUMBER: | 08058090 (England and Wales)

| ACCOUNTANTS: | MHA (trading name of MHA Advisory Ltd)

| Elfed House

| Oak Tree Court

| Cardiff Gate Business Park

| CARDIFF

| County of Cardiff

| CF23 8RS

TWCAN CYFYNGEDIG (REGISTERED NUMBER: 08058090)

BALANCE SHEET

31 MARCH 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 329 |  | 438 |  |

Investment property | 5 | 1,067,000 |  | 1,044,750 |  |

1,067,329 |  | 1,045,188 |  |

CURRENT ASSETS

Debtors | 6 | 5,657 |  | 6,658 |  |

Cash at bank | 2,993 |  | 465 |  |

8,650 |  | 7,123 |  |

CREDITORS

Amounts falling due within one year | 7 | (62,704 | ) | (59,302 | ) |

NET CURRENT LIABILITIES | (54,054 | ) | (52,179 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,013,275 |  | 993,009 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (723,518 | ) | (728,771 | ) |

NET ASSETS | 289,757 |  | 264,238 |  |

CAPITAL AND RESERVES

Called up share capital | 10 | 1,000 |  | 1,000 |  |

Fair value reserve | 159,716 |  | 137,466 |  |

Retained earnings | 129,041 |  | 125,772 |  |

SHAREHOLDERS' FUNDS | 289,757 |  | 264,238 |  |

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 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.

TWCAN CYFYNGEDIG (REGISTERED NUMBER: 08058090)

BALANCE SHEET - continued

31 MARCH 2025

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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 October 2025 and were signed on its behalf by:

O G Saunders-Jones - Director

TWCAN CYFYNGEDIG (REGISTERED NUMBER: 08058090)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| Twcan Cyfyngedig 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.

| The company's functional and presentational currency in the financial statements is the Sterling (£), rounded to the nearest pound.

| The significant accounting policies applied in the presentation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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.

| There have been no material departures from Financial Reporting Standard 102 Section 1A.

| Going concern

| At 31 March 2025 the company had net current liabilities of £54,054. The going concern basis is considered appropriate for the preparation of the financial statements due to the continued financial support of the directors.

| Turnover

| Turnover represents rental income receivable for the year.

| Tangible fixed assets

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

| Fixtures & fittings | - | 25% on reducing balance

| Investment property

| Investment property is included at fair value. Gains are recognised in the profit and loss statement. Deferred taxation is provided on these gains at the rate expected to apply when the asset is sold.

| Financial instruments

| Basic financial instruments are recognised at amortised cost.

| Current taxation

| Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the year and is calculated using the tax rates and laws that have been enacted or substantively enacted at 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 3 (2024 - 3 ) .

TWCAN CYFYNGEDIG (REGISTERED NUMBER: 08058090)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

4. | TANGIBLE FIXED ASSETS

| Fixtures

| & fittings

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 10,329 |  |

| DEPRECIATION

| At 1 April 2024 | 9,891 |  |

| Charge for year | 109 |  |

| At 31 March 2025 | 10,000 |  |

| NET BOOK VALUE

| At 31 March 2025 | 329 |  |

| At 31 March 2024 | 438 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 April 2024 | 1,044,750 |  |

| Revaluations | 22,250 |  |

| At 31 March 2025 | 1,067,000 |  |

| NET BOOK VALUE

| At 31 March 2025 | 1,067,000 |  |

| At 31 March 2024 | 1,044,750 |  |

| Fair value at 31 March 2025 is represented by:

£ |

| Valuation in 2025 | 1,067,000 |  |

| The investment property was valued on a fair value basis at 31 March 2025 by the directors who do not have formal valuation qualifications. In valuing the property the directors have considered future anticipated rental yields.

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | - |  | 1,959 |  |

| Other debtors | 2,136 |  | - |  |

| Amount owed by related party | 15 |  | 15 |  |

| Prepayments and accrued income | 3,506 |  | 4,684 |  |

5,657 |  | 6,658 |  |

TWCAN CYFYNGEDIG (REGISTERED NUMBER: 08058090)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 50,095 |  | 46,686 |  |

| Corporation tax | 793 |  | 602 |  |

| Other creditors | 9,294 |  | 10,094 |  |

| Accruals and deferred income | 2,522 |  | 1,920 |  |

62,704 |  | 59,302 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans due 1-2 years | 25,886 |  | 46,686 |  |

| Bank loans due 2-5 years | 519,771 |  | 511,444 |  |

| Directors' current accounts | 177,861 |  | 170,641 |  |

723,518 |  | 728,771 |  |

9. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank loans | 595,752 |  | 604,816 |  |

| The bank loans are secured by way of fixed and floating charges over the freehold property.

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 1,000 | Ordinary | £1 | 1,000 |  | 1,000 |  |