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Registered number: 14909463
Catref Cariad Ltd
Unaudited Financial Statements
For the Period 1 July 2024 to 31 January 2025
Christian Phipps & Co Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14909463
31 January 2025 30 June 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 828,754 -
Investments 5 593,323 -
1,422,077 -
CURRENT ASSETS
Debtors 6 12,000 2
Cash at bank and in hand 2 -
12,002 2
Creditors: Amounts Falling Due Within One Year 7 (311,760 ) -
NET CURRENT ASSETS (LIABILITIES) (299,758 ) 2
TOTAL ASSETS LESS CURRENT LIABILITIES 1,122,319 2
Creditors: Amounts Falling Due After More Than One Year 8 (1,156,914 ) -
NET (LIABILITIES)/ASSETS (34,595 ) 2
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account (34,597 ) -
SHAREHOLDERS' FUNDS (34,595) 2
Page 1
Page 2
For the period ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Kayode Emola
Director
21/10/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Catref Cariad Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14909463 . The registered office is Cartref, Pentre Berw, Gaerwen, LL60 6HU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15% Reducing Balance
Fixtures & Fittings 15% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL (2024: NIL)
- -
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 July 2024 - - - -
Additions 700,642 57,721 74,633 832,996
As at 31 January 2025 700,642 57,721 74,633 832,996
Depreciation
As at 1 July 2024 - - - -
Provided during the period - 1,443 2,799 4,242
As at 31 January 2025 - 1,443 2,799 4,242
Net Book Value
As at 31 January 2025 700,642 56,278 71,834 828,754
As at 1 July 2024 - - - -
Page 3
Page 4
5. Investments
Subsidiaries
£
Cost
As at 1 July 2024 -
Additions 593,323
As at 31 January 2025 593,323
Provision
As at 1 July 2024 -
As at 31 January 2025 -
Net Book Value
As at 31 January 2025 593,323
As at 1 July 2024 -
6. Debtors
31 January 2025 30 June 2024
£ £
Due within one year
Other debtors 12,000 2
7. Creditors: Amounts Falling Due Within One Year
31 January 2025 30 June 2024
£ £
Bank loans and overdrafts 42,796 -
Amounts owed to participating interests 52,205 -
Other creditors 216,759 -
311,760 -
8. Creditors: Amounts Falling Due After More Than One Year
31 January 2025 30 June 2024
£ £
Bank loans 1,156,914 -
9. Share Capital
31 January 2025 30 June 2024
£ £
Allotted, Called up and fully paid 2 2
Page 4