REGISTERED NUMBER: 04326012 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025

FOR

D.I. EVANS CYFYNGEDIG

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs L M Evans

Mr L T Evans

REGISTERED OFFICE:

Gwrthwynt, Beulah

Newcastle Emlyn

Dyfed

SA38 9QE

REGISTERED NUMBER:

04326012 (England and Wales)

FIXED ASSETS

Intangible assets

4

90,000

120,000

Tangible assets

5

788,044

714,134

878,044

834,134

CURRENT ASSETS

Stocks

40,000

20,000

Debtors

201,510

253,639

Cash at bank

604,566

1,248,704

846,076

1,522,343

CREDITORS

Amounts falling due within one year

454,105

495,189

NET CURRENT ASSETS

391,971

1,027,154

TOTAL ASSETS LESS CURRENT LIABILITIES

1,270,015

1,861,288

CREDITORS

Amounts falling due after more than one year

(92

)

(92

)

PROVISIONS FOR LIABILITIES

(196,000

)

(179,000

)

NET ASSETS

1,073,923

1,682,196

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

1,073,920

1,682,193

SHAREHOLDERS' FUNDS

1,073,923

1,682,196

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st August 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 28th November 2025 and were signed on its behalf by:

Mr L T Evans - Director

1.	STATUTORY INFORMATION

D.I. Evans Cyfyngedig 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.	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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty five years.

Tangible fixed assets

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

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Going concern basis of accounting

The accounts have been prepared on the assumption that the company is able to carry on business as a going concern, which the directors consider appropriate.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1st September 2024

and 31st August 2025

750,000

AMORTISATION

At 1st September 2024

630,000

Amortisation for year

30,000

At 31st August 2025

660,000

NET BOOK VALUE

At 31st August 2025

90,000

At 31st August 2024

120,000

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st September 2024

2,520,889

Additions

264,475

Disposals

(121,500

)

At 31st August 2025

2,663,864

DEPRECIATION

At 1st September 2024

1,806,755

Charge for year

138,548

Eliminated on disposal

(69,483

)

At 31st August 2025

1,875,820

NET BOOK VALUE

At 31st August 2025

788,044

At 31st August 2024

714,134