Company Registration No. 10656429 (England and Wales)
Cartref Croeso Limited
Unaudited accounts
for the year ended 31 March 2025
Cartref Croeso Limited
Unaudited accounts
Contents
Cartref Croeso Limited
Company Information
for the year ended 31 March 2025
Directors
Heather Margaret Burt
Fiona Morris
Company Number
10656429 (England and Wales)
Registered Office
Cartref Croeso Residential Home
Tremle
Pencader
Carmarthenshire
SA39 9HL
Wales
Cartref Croeso Limited
Statement of financial position
as at 31 March 2025
Tangible assets
834,230
821,243
Cash at bank and in hand
96,826
124,892
Creditors: amounts falling due within one year
(91,201)
(101,535)
Net current assets
30,053
634,927
Total assets less current liabilities
864,283
1,456,170
Creditors: amounts falling due after more than one year
(329,503)
(978,025)
Provisions for liabilities
Deferred tax
(17,219)
(12,594)
Net assets
517,561
465,551
Called up share capital
100
100
Profit and loss account
517,461
465,451
Shareholders' funds
517,561
465,551
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 11 December 2025 and were signed on its behalf by
Heather Margaret Burt
Director
Company Registration No. 10656429
Cartref Croeso Limited
Notes to the Accounts
for the year ended 31 March 2025
Cartref Croeso Limited is a private company, limited by shares, registered in England and Wales, registration number 10656429. The registered office is Cartref Croeso Residential Home, Tremle , Pencader, Carmarthenshire, SA39 9HL, Wales.
2
Compliance with accounting standards
These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
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
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Cartref Croeso Limited
Notes to the Accounts
for the year ended 31 March 2025
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
770,556
101,187
22,609
27,111
921,463
Additions
-
-
12,475
15,380
27,855
At 31 March 2025
770,556
101,187
35,084
42,491
949,318
At 1 April 2024
-
76,272
5,083
18,865
100,220
Charge for the year
-
6,642
4,642
3,584
14,868
At 31 March 2025
-
82,914
9,725
22,449
115,088
At 31 March 2025
770,556
18,273
25,359
20,042
834,230
At 31 March 2024
770,556
24,915
17,526
8,246
821,243
Amounts falling due within one year
Amounts due from group undertakings etc.
19,592
-
Other debtors
4,836
611,570
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
44,757
42,692
Taxes and social security
21,637
33,124
Other creditors
24,807
25,719
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
329,503
376,327
Amounts owed to group undertakings and other participating interests
-
601,698
8
Average number of employees
During the year the average number of employees was 15 (2024: 18).