Cadwyn Adfywio Cyf Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 09274001

Cadwyn Adfywio Cyf

Company Limited by Guarantee

Filleted Unaudited Financial Statements

31 March 2025

Cadwyn Adfywio Cyf

Company Limited by Guarantee

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		339,555	346,892

Current assets

Debtors	6	2,321	15,618
Cash at bank and in hand		58,190	44,733
		--------	--------
		60,511	60,351

Creditors: amounts falling due within one year	7	21,324		27,849
		--------		--------
Net current assets			39,187	32,502
			---------	---------
Total assets less current liabilities			378,742	379,394

Creditors: amounts falling due after more than one year	8	59,487	120,688
		---------	---------
Net assets		319,255	258,706
		---------	---------

Capital and reserves

Revaluation reserve	( 37,717)	( 37,717)
Profit and loss account	356,972	296,423
	---------	---------
Members funds	319,255	258,706
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Cadwyn Adfywio Cyf

Company Limited by Guarantee

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 12 December 2025 , and are signed on behalf of the board by:

Mr D G Evans	Ms L E Owain
Director	Director

Company registration number: 09274001

Cadwyn Adfywio Cyf

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is Llys Owain, Bridge Street, Corwen, Denbighshire, LL21 0AH.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold Property	-	2% straight line
Office Equipment	-	25% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Government grants

Deferred government grants in respect of capital expenditure are treated as deferred income and are credited to the profit and loss account over a period of 5 years. Amortisation of Government Grants is reviewed annually and represents the value of the grant repayment at the end of each period of account.

4. Company limited by guarantee

Cadwyn Adfywio Cyf is a non-profit making agency, being a company limited by guarantee. The liability of its members' is limited to £1 each.

The company keeps a register of members at its registered office and has been satisfactorily Maintained throughout the current year. An extract has been reproduced below of the overall membership movements:-

Members brought forward 2

New members appointed 0

Members resigned 0

Members carried forward 2

The list of members carried forward as at 31.03.2024 is as follows:-

- Mr D. G. Evans

- Ms L. E. Owain

5. Tangible assets

	Land and buildings	Equipment	Total
	£	£	£
Cost
At 1 April 2024 and 31 March 2025	366,829	6,117	372,946
	---------	-------	---------
Depreciation
At 1 April 2024	19,937	6,117	26,054
Charge for the year	7,337	–	7,337
	---------	-------	---------
At 31 March 2025	27,274	6,117	33,391
	---------	-------	---------
Carrying amount
At 31 March 2025	339,555	–	339,555
	---------	-------	---------
At 31 March 2024	346,892	–	346,892
	---------	-------	---------

6. Debtors

	2025	2024
	£	£
Trade debtors	582	–
Other debtors	1,739	15,618
	-------	--------
	2,321	15,618
	-------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	1,568	1,292
Social security and other taxes	469	–
Other creditors	96	–
Other creditors	19,191	26,557
	--------	--------
	21,324	27,849
	--------	--------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	59,487	120,688
	--------	---------

9. Related party transactions

The company was under the control of Mr D. G. Evans & Ms L. E. Owain throughout the current year. No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8.