Cambrian Lakeside Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 08772006

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		135,609		144,757

			135,609		144,757
CURRENT ASSETS
Stocks	5	6,250		2,500
Cash at bank and in hand		357,520		279,550

		363,770		282,050
Creditors: Amounts Falling Due Within One Year	6	(278,874 )		(210,638 )

NET CURRENT ASSETS (LIABILITIES)			84,896		71,412

TOTAL ASSETS LESS CURRENT LIABILITIES			220,505		216,169

Creditors: Amounts Falling Due After More Than One Year	7		(4,140 )		(13,689 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(25,766 )		(26,711 )

NET ASSETS			190,599		175,769

Income and Expenditure Account			190,599		175,769

MEMBERS' FUNDS			190,599		175,769

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Cambrian Lakeside Ltd

Balance Sheet (continued)

As At 31 March 2025

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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.

On behalf of the board

Phillip Williams

Director

23 June 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Cambrian Lakeside Ltd is a private company, limited by guarantee, incorporated in England & Wales, registered number 08772006 . The registered office is Cambrian Lakeside Ltd Cambrian Industrial Park, Clydach Vale, Tonypandy, CF40 2XX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	20% Reducing Balance
Plant & Machinery	20% Reducing Balance
Motor Vehicles	20% Reducing Balance
Computer Equipment	20% Reducing Balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable surplus. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable surplus will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable surplus will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in surplus or deficit for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

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Cambrian Lakeside Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 22 (2024: 27)

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2024	111,297	223,343	5,795	2,055	342,490
Additions	-	11,420	13,333	-	24,753

As at 31 March 2025	111,297	234,763	19,128	2,055	367,243

Depreciation
As at 1 April 2024	62,886	131,416	2,828	603	197,733
Provided during the period	9,682	20,669	3,260	290	33,901

As at 31 March 2025	72,568	152,085	6,088	893	231,634

Net Book Value
As at 31 March 2025	38,729	82,678	13,040	1,162	135,609

As at 1 April 2024	48,411	91,927	2,967	1,452	144,757

5. Stocks

	2025	2024
	£	£
Stock	6,250	2,500

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	30,898	16,476
Bank loans and overdrafts	9,786	9,786
Other loans	95,516	73,681
Other creditors	109,089	78,789
Taxation and social security	33,585	31,906

	278,874	210,638

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	4,140	13,689

8. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

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