Calon Yn Tyfu Cyfyngedig


Directors	R D McDowell
	S C Mason


Company Secretary	R D McDowell


Registered Address	Henparcau Farm
	Boncath
	Pembrokeshire
	SA37 0JY


Registered Number	03176209 (England and Wales)

Balance Sheet as at
31 January 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		581,939		748,736
Investments	4		20		20
			581,959		748,756
Current assets
Stocks		65,000		100,000
Debtors	5	5,946		4,720
Current asset investments		76,455		51,932
Cash at bank and on hand		-		210
		147,401		156,862
Creditors amounts falling due within one year	6	(109,959)		(128,157)
Net current assets (liabilities)			37,442		28,705
Total assets less current liabilities			619,401		777,461
Creditors amounts falling due after one year			(496,859)		(656,122)
Net assets			122,542		121,339
Capital and reserves
Profit and loss account			122,542		121,339
Reserves			122,542		121,339

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 31 October 2025, and are signed on its behalf by:

R D McDowell
Director
Registered Company No. 03176209

Calon Yn Tyfu Cyfyngedig

Notes to the Financial Statements
for the year ended 31 January 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by guarantee and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation.


	Reducing balance (%)	Straight line (years)
Land and buildings	-	25
Plant and machinery	15	-
Vehicles	25	-

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Stocks and work in progress
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		3

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 February 24	1,453,552
	Additions	1,000
	Disposals	(194,228)
	At 31 January 25	1,260,324
	Depreciation and impairment
	At 01 February 24	704,816
	Charge for year	47,944
	On disposals	(74,375)
	At 31 January 25	678,385
	Net book value
	At 31 January 25	581,939
	At 31 January 24	748,736

4.	Fixed asset investments

		Total
		£
	Cost or valuation
	At 01 February 24	20
	At 31 January 25	20
	Net book value
	At 31 January 25	20
	At 31 January 24	20

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	5,946	4,275
Prepayments and accrued income	-	445
Total	5,946	4,720


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	13,321	15,885
Bank borrowings and overdrafts	51,424	66,563
Taxation and social security	12,115	16,298
Finance lease and HP contracts	4,559	4,059
Other creditors	7,126	13,937
Accrued liabilities and deferred income	21,414	11,415
Total	109,959	128,157


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	18,647		22,706

8.	Related party transactions
	The directors have advanced funds to the company, the balance owing to them at the year end amounted to £7,126 (2024 - £13,938)