Company Registration No. 13982887 (England and Wales)
West Wales Rural Enterprises Ltd
Unaudited accounts
for the year ended 31 March 2025
West Wales Rural Enterprises Ltd
Unaudited accounts
Contents
West Wales Rural Enterprises Ltd
Company Information
for the year ended 31 March 2025
Directors
Bethan Sioned Weeks
Steven Weeks
Company Number
13982887 (England and Wales)
Registered Office
LLYN CAE TY NANT FISHERY LLYN CAE TY NAN
BWLCHLLAN
LAMPETER
CEREDIGION
SA48 8QN
UNITED KINGDOM
Accountants
Nathan Evans Limited
16 Cambrian Way
Marshfield
Cardiff
CF3 2WB
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of West Wales Rural Enterprises Ltd for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
West Wales Rural Enterprises Ltd for the year ended
31 March 2025 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Nathan Evans Limited
Chartered Accountants
16 Cambrian Way
Marshfield
Cardiff
CF3 2WB
13 November 2025
West Wales Rural Enterprises Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
21,174
21,499
Cash at bank and in hand
1,048
408
Creditors: amounts falling due within one year
(23,020)
(18,067)
Net current liabilities
(20,497)
(17,066)
Called up share capital
1
1
Profit and loss account
676
4,432
Shareholders' funds
677
4,433
For the year ending 31 March 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 13 November 2025 and were signed on its behalf by
Bethan Sioned Weeks
Director
Company Registration No. 13982887
West Wales Rural Enterprises Ltd
Notes to the Accounts
for the year ended 31 March 2025
West Wales Rural Enterprises Ltd is a private company, limited by shares, registered in England and Wales, registration number 13982887. The registered office is LLYN CAE TY NANT FISHERY LLYN CAE TY NAN, BWLCHLLAN, LAMPETER, CEREDIGION, SA48 8QN, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Not depreciated
Fixtures & fittings
50% straight line
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2024
21,153
1,321
22,474
At 31 March 2025
21,153
1,321
22,474
Charge for the year
-
325
325
At 31 March 2025
-
1,300
1,300
At 31 March 2025
21,153
21
21,174
At 31 March 2024
21,153
346
21,499
West Wales Rural Enterprises Ltd
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Loans from directors
22,936
17,964
7
Transactions with related parties
During the year, Mrs Weeks received rental income from the company of £6,000 (2024: £6,000).
The company was under the joint control of Mr and Mrs Weeks throughout the period. Mr and Mrs Weeks each own 50% of the share capital.
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).