REGISTERED NUMBER: 08990077 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Ty'n -Y- Coed Care Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M A Beveridge

Ms D Hanney

SECRETARY:

M A Beveridge

REGISTERED OFFICE:

Big House Farm

Front Street

Rosemarket

MILFORD HAVEN

Pembrokeshire

SA73 1JT

REGISTERED NUMBER:

08990077 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

30,556

Tangible assets

5

1,193,841

1,203,785

1,193,841

1,234,341

CURRENT ASSETS

Debtors

6

378,701

227,930

Cash at bank

339,271

206,498

717,972

434,428

CREDITORS

Amounts falling due within one year

7

412,101

328,833

NET CURRENT ASSETS

305,871

105,595

TOTAL ASSETS LESS CURRENT LIABILITIES

1,499,712

1,339,936

CREDITORS

Amounts falling due after more than one year

8

(521,897

)

(642,042

)

PROVISIONS FOR LIABILITIES

(737

)

(2,449

)

NET ASSETS

977,078

695,445

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

977,074

695,441

SHAREHOLDERS' FUNDS

977,078

695,445

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.

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 22 May 2025 and were signed on its behalf by:

M A Beveridge - Director

1.	STATUTORY INFORMATION

Ty'n -Y- Coed Care Limited 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Freehold property

-

2% on cost

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 53 (2024 - 48 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

500,000

AMORTISATION

At 1 April 2024

469,444

Charge for year

30,556

At 31 March 2025

500,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

30,556

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

1,393,994

574,493

41,066

2,009,553

Additions

-

2,026

36,294

38,320

Disposals

-

-

(15,519

)

(15,519

)

At 31 March 2025

1,393,994

576,519

61,841

2,032,354

DEPRECIATION

At 1 April 2024

253,490

518,345

33,933

805,768

Charge for year

27,881

14,547

4,495

46,923

Eliminated on disposal

-

-

(14,178

)

(14,178

)

At 31 March 2025

281,371

532,892

24,250

838,513

NET BOOK VALUE

At 31 March 2025

1,112,623

43,627

37,591

1,193,841

At 31 March 2024

1,140,504

56,148

7,133

1,203,785

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

144,904

94,814

Amounts owed by group undertakings

223,252

120,865

Other debtors

10,545

12,251

378,701

227,930

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

121,312

122,479

Trade creditors

23,569

9,581

Taxation and social security

179,284

186,318

Other creditors

87,936

10,455

412,101

328,833

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

521,897

642,042

Amounts falling due in more than five years:

Repayable by instalments

Bank Loans

68,261

175,481

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

643,209

764,521

Bank borrowings are secured by means of a fixed and floating charge over the company's assets and by guarantees supplied by its directors.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.3.25

31.3.24

£

£

M A Beveridge

Balance outstanding at start of year

(9,000

)

(9,000

)

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(9,000

)

(9,000

)