REGISTERED NUMBER: 03664745 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

CLEDDAU FINANCIAL SERVICES LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Mr A M North

Mr J North

SECRETARY:

Mrs S North

REGISTERED OFFICE:

56 High Street

Neyland

Milford Haven

Pembrokeshire

SA73 1TF

REGISTERED NUMBER:

03664745 (England and Wales)

ACCOUNTANTS:

L M Griffiths & Co Limited

Chartered Certified Accountants

1&2 Merlins Court

Winch Lane

Haverfordwest

Pembrokeshire

SA61 1SB

FIXED ASSETS

Property, plant and equipment

5

6,825

3,487

CURRENT ASSETS

Debtors

6

267,116

290,559

Cash at bank

203,020

167,311

470,136

457,870

CREDITORS

Amounts falling due within one year

7

50,606

40,356

NET CURRENT ASSETS

419,530

417,514

TOTAL ASSETS LESS CURRENT LIABILITIES

426,355

421,001

CAPITAL AND RESERVES

Called up share capital

3,003

3,003

Retained earnings

423,352

417,998

SHAREHOLDERS' FUNDS

426,355

421,001

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 December 2025 and were signed on its behalf by:

Mr A M North - Director

1.	STATUTORY INFORMATION

Cleddau Financial Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

These financial statements have been prepared in accordance with the Companies Act 2006 and with the

applicable Accounting Standards. The director is not aware of any material uncertainties in making his

assessment of going concern. As a result he has adopted the going concern basis of accounting.

Turnover

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

Property, plant and equipment

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

Plant and machinery

-

15% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

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.

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.

Income recognition

The company's turnover represents commissions. The company recognises revenue as soon as the clients

provider has completed the contract.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 9 ) .

5.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 April 2024

21,400

1,498

22,898

Additions

5,290

-

5,290

At 31 March 2025

26,690

1,498

28,188

DEPRECIATION

At 1 April 2024

18,476

935

19,411

Charge for year

1,760

192

1,952

At 31 March 2025

20,236

1,127

21,363

NET BOOK VALUE

At 31 March 2025

6,454

371

6,825

At 31 March 2024

2,924

563

3,487

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

43,300

41,754

Other debtors

223,816

248,805

267,116

290,559

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

2,455

1,095

Taxation and social security

44,663

34,131

Other creditors

3,488

5,130

50,606

40,356

8.	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:

2025

2024

£

£

Mr A M North

Balance outstanding at start of year

227,523

234,739

Amounts advanced

69,627

(7,216

)

Amounts repaid

(93,727

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

203,423

227,523

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr A M North.