DERWENLAS HALLS LIMITED


Director	EVANS, Dafydd Joseph


Registered Address	Cae Pant
	Rhydyfelin
	Aberystwyth
	SY23 4PY


Registered Number	15002154 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investment property	3		122,484		107,069
			122,484		107,069
Current assets
Debtors		12,600		12,000
Cash at bank and on hand		3,546		242
		16,146		12,242
Creditors amounts falling due within one year	4	(140,289)		(119,755)
Net current assets (liabilities)			(124,143)		(107,513)
Total assets less current liabilities			(1,659)		(444)
Net assets			(1,659)		(444)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(1,759)		(544)
Shareholders' funds			(1,659)		(444)

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 Director acknowledges 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 financial statements were approved and authorised for issue by the Director on 9 October 2025, and are signed on its behalf by:

EVANS, Dafydd Joseph
Director
Registered Company No. 15002154

DERWENLAS HALLS LIMITED

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

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares 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 accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued by the director.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Investment property


		£
	Fair value at 01 April 24	107,069
	Additions	15,415
	At 31 March 25	122,484

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	-	966
Amounts owed to related parties	118,288	102,198
Other creditors	5,681	571
Accrued liabilities and deferred income	16,320	16,020
Total	140,289	119,755

5.	Directors advances, credits and guarantees
	As at the balance sheet date the company owed its director £4,539 (2024: £571). No interest is charged and the amount is repayable in full on demand.

6.	Related party transactions
	As at the balance sheet date the company was owed £1,600 (2024: £1,000) by other group companies. The company also owed £118,288 (2024: £102,198) to other group companies.