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REGISTERED NUMBER: 03206197 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Cambrian Price Properties Limited

Cambrian Price Properties Limited (Registered number: 03206197)

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Cambrian Price Properties Limited

Company Information

for the Year Ended 31 March 2025

| DIRECTORS: | Miss M Price

| Mrs A Gostage

| Mrs J Wedley

| SECRETARY: | Mrs J Wedley

| REGISTERED OFFICE: | 40 Rhosnesni Lane

| Wrexham

| LL12 7NA

| REGISTERED NUMBER: | 03206197 (England and Wales)

| ACCOUNTANTS: | Gwyn Thomas and Co Limited

| 1 Thomas Buildings

| New Street

| Pwllheli

| Gwynedd

| LL53 5HH

Cambrian Price Properties Limited (Registered number: 03206197)

Balance Sheet

31 March 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 630,910 |  | 616,214 |  |

CURRENT ASSETS

Debtors | 5 | 8,350 |  | 19,966 |  |

Cash at bank | 1,413,923 |  | 1,515,405 |  |

1,422,273 |  | 1,535,371 |  |

CREDITORS

Amounts falling due within one year | 6 | 23,345 |  | 29,487 |  |

NET CURRENT ASSETS | 1,398,928 |  | 1,505,884 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,029,838 |  | 2,122,098 |  |

CREDITORS

Amounts falling due after more than one year | 7 | 500,000 |  | 600,000 |  |

NET ASSETS | 1,529,838 |  | 1,522,098 |  |

CAPITAL AND RESERVES

Called up share capital | 1,000 |  | 1,000 |  |

Retained earnings | 1,528,838 |  | 1,521,098 |  |

SHAREHOLDERS' FUNDS | 1,529,838 |  | 1,522,098 |  |

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.

Cambrian Price Properties Limited (Registered number: 03206197)

Balance Sheet - continued

31 March 2025

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 Board of Directors and authorised for issue on 31 October 2025 and were signed on its behalf by:

Mrs J Wedley - Director

Cambrian Price Properties Limited (Registered number: 03206197)

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Cambrian Price Properties 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 as modified by the revaluation of certain assets.

| Turnover

| Income is derived from the rental of freehold properties and is recognised on an accruals basis. Certain freehold properties have an option to tax for Value Added Tax, however turnover is shown in the profit and loss net of Value Added Tax.

| 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 | - | 25% on reducing balance

| Investment property

| Investment property is included at fair value . Gains are recognised in the income statement . Deferred taxation is provided on these gains at the rate expected to apply when the property is sold .

3. | EMPLOYEES AND DIRECTORS

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

4. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST OR VALUATION

| At 1 April 2024 | 615,000 |  | 9,409 |  | 624,409 |  |

| Revaluations | 15,000 |  | - |  | 15,000 |  |

| At 31 March 2025 | 630,000 |  | 9,409 |  | 639,409 |  |

| DEPRECIATION

| At 1 April 2024 | - |  | 8,195 |  | 8,195 |  |

| Charge for year | - |  | 304 |  | 304 |  |

| At 31 March 2025 | - |  | 8,499 |  | 8,499 |  |

| NET BOOK VALUE

| At 31 March 2025 | 630,000 |  | 910 |  | 630,910 |  |

| At 31 March 2024 | 615,000 |  | 1,214 |  | 616,214 |  |

Cambrian Price Properties Limited (Registered number: 03206197)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

4. | TANGIBLE FIXED ASSETS - continued

| Cost or valuation at 31 March 2025 is represented by:

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| Valuation in 2014 | 302,698 |  | - |  | 302,698 |  |

| Valuation in 2015 | (450,642 | ) | - |  | (450,642 | ) |

| Valuation in 2018 | 25,603 |  | - |  | 25,603 |  |

| Valuation in 2019 | (74,656 | ) | - |  | (74,656 | ) |

| Valuation in 2020 | (37,857 | ) | - |  | (37,857 | ) |

| Valuation in 2021 | (493,857 | ) | - |  | (493,857 | ) |

| Valuation in 2022 | (1,500 | ) | - |  | (1,500 | ) |

| Valuation in 2023 | 704,409 |  | - |  | 704,409 |  |

| Valuation in 2024 | 56,189 |  | - |  | 56,189 |  |

| Valuation in 2025 | 15,000 |  | - |  | 15,000 |  |

| Cost | 584,613 |  | 9,409 |  | 594,022 |  |

630,000 |  | 9,409 |  | 639,409 |  |

| If land and buildings had not been revalued they would have been included at the following historical cost:

| 31.3.25 |  | 31.3.24

£ | £ |

| Cost | 584,613 |  | 584,613 |  |

| Land and buildings were valued on an open market basis on 31 March 2025 by by the directors .

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade debtors | 8,350 |  | 19,966 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade creditors | 1,462 |  | 2,732 |  |

| Taxation and social security | 3,290 |  | 14,892 |  |

| Other creditors | 18,593 |  | 11,863 |  |

23,345 |  | 29,487 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Amounts owed to participating interests | 500,000 |  | 600,000 |  |

Cambrian Price Properties Limited (Registered number: 03206197)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

8. | RELATED PARTY DISCLOSURES

| The company was under the control of its directors throughout the current and previous year.

| The directors of the company are directors of B.S & R.Price (Properties) Limited who owns 40% of the share capital of Cambrian Price Properties Limited. The amount owed to B.S & R.Price (Properties) Limited as at the year end was £500,000 (2024: £600,000).

| Dividends paid during the year totalled £17,000 .

9. | ULTIMATE CONTROLLING PARTY

| The company is ultimately controlled by the directors Miss M Price, Mrs A Gostage and Mrs J Wedley by virtue of their majority share holding in Cambrian Price Properties Limited and B.S. & R.Price (Properties) Limited.