REGISTERED NUMBER: 12941248 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2025

for

Lloyd Evans & Hughes Cyf

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

7,314

7,435

CURRENT ASSETS

Debtors

5

70,941

20,290

Investments

6

200

200

Cash at bank and in hand

165,834

177,004

236,975

197,494

CREDITORS

Amounts falling due within one year

7

84,995

73,304

NET CURRENT ASSETS

151,980

124,190

TOTAL ASSETS LESS CURRENT LIABILITIES

159,294

131,625

PROVISIONS FOR LIABILITIES

8

1,776

1,636

NET ASSETS

157,518

129,989

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

157,516

129,987

SHAREHOLDERS' FUNDS

157,518

129,989

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 October 2025 and were signed on its behalf by:

S P Hughes - Director

Mrs S L Evans - Director

1.	STATUTORY INFORMATION

Lloyd Evans & Hughes Cyf is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

12941248

Registered office:

20 Heol Y Dwr

Penygroes

Caernarfon

Gwynedd

LL54 6LR

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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2024

13,536

Additions

2,317

At 28 February 2025

15,853

DEPRECIATION

At 1 March 2024

6,101

Charge for year

2,438

At 28 February 2025

8,539

NET BOOK VALUE

At 28 February 2025

7,314

At 29 February 2024

7,435

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade debtors

49,788

17,390

Other debtors

21,153

2,900

70,941

20,290

6.	CURRENT ASSET INVESTMENTS

28.2.25

29.2.24

£

£

Unlisted investments

200

200

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade creditors

3,190

-

Taxation and social security

44,993

33,142

Other creditors

36,812

40,162

84,995

73,304

8.	PROVISIONS FOR LIABILITIES

28.2.25

29.2.24

£

£

Deferred tax

1,776

1,636

Deferred

tax

£

Balance at 1 March 2024

1,636

Charge to Statement of Income and Retained Earnings during year

140

Balance at 28 February 2025

1,776