REGISTERED NUMBER: 11140145 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st January 2025

for

E Owen Livestock Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr E W Owen

SECRETARY:

Miss J K Williams

REGISTERED OFFICE:

Ty Cerrig

Ffordd Ty Cerrig

Corwen

Denbighshire

LL21 9RP

REGISTERED NUMBER:

11140145 (England and Wales)

ACCOUNTANTS:

Dunn & Ellis Cyf

Chartered Accountants

Adeilad St David's Building

Stryd Lombard Street

Porthmadog

Gwynedd

LL49 9AP

FIXED ASSETS

Tangible assets

4

-

2,299

CURRENT ASSETS

Debtors

5

4,700

15,200

Cash at bank

13,775

12,631

18,475

27,831

CREDITORS

Amounts falling due within one year

6

8,051

13,836

NET CURRENT ASSETS

10,424

13,995

TOTAL ASSETS LESS CURRENT LIABILITIES

10,424

16,294

CREDITORS

Amounts falling due after more than one year

7

(16,780

)

(20,444

)

PROVISIONS FOR LIABILITIES

-

(437

)

NET LIABILITIES

(6,356

)

(4,587

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(6,357

)

(4,588

)

(6,356

)

(4,587

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 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 29th October 2025 and were signed by:

Mr E W Owen - Director

1.	STATUTORY INFORMATION

E Owen Livestock Services Ltd 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.

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

-

20% on reducing balance

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

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.

Going concern

There was a net deficiency of assets of £6,356 at the balance sheet date, however the directors have confirmed continued support and consider the company retains sufficient working capital to continue trading for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 1 ).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st February 2024

6,486

Disposals

(6,486

)

At 31st January 2025

-

DEPRECIATION

At 1st February 2024

4,187

Eliminated on disposal

(4,187

)

At 31st January 2025

-

NET BOOK VALUE

At 31st January 2025

-

At 31st January 2024

2,299

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Other debtors

4,700

15,200

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans and overdrafts

4,214

7,691

Taxation and social security

577

4,427

Other creditors

3,260

1,718

8,051

13,836

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans

16,780

20,444

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st January 2025 and 31st January 2024:

31.1.25

31.1.24

£

£

Mr E W Owen

Balance outstanding at start of year

(1,217

)

5,922

Amounts advanced

4,613

1,093

Amounts repaid

(6,230

)

(8,232

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(2,834

)

(1,217

)