REGISTERED NUMBER: 05216075 (England and Wales)

Bryn Compost Limited

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A D Price

P G Price

SECRETARY:

A D Price

REGISTERED OFFICE:

Gelligaerwellt Farm

Gelligaer

Hengoed

Mid Glamorgan

CF82 8FY

REGISTERED NUMBER:

05216075 (England and Wales)

ACCOUNTANTS:

Xeinadin South Wales & West Limited

Accountants & Business Advisors

Suite 2d,

Building 1 Eastern Business Park

St Mellons

Cardiff

CF3 5EA

FIXED ASSETS

Tangible assets

4

150,479

202,488

CURRENT ASSETS

Debtors

5

2,645,008

2,721,187

Cash at bank

162,093

75,351

2,807,101

2,796,538

CREDITORS

Amounts falling due within one year

6

1,433,441

1,549,268

NET CURRENT ASSETS

1,373,660

1,247,270

TOTAL ASSETS LESS CURRENT LIABILITIES

1,524,139

1,449,758

PROVISIONS FOR LIABILITIES

(114

)

(7,654

)

ACCRUALS AND DEFERRED INCOME

7

(46,657

)

(69,207

)

NET ASSETS

1,477,368

1,372,897

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,477,268

1,372,797

SHAREHOLDERS' FUNDS

1,477,368

1,372,897

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 2 January 2026 and were signed on its behalf by:

A D Price - Director

1.	STATUTORY INFORMATION

Bryn Compost 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.	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 includes revenue earned from the 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 the work performed to date to the estimated contract costs.Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

Buildings

-

5% on cost

Plant and machinery

-

20% 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 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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Grants receivable

Grants are credited to deferred revenue. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Buildings

machinery

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

1,040,182

867,388

1,907,570

DEPRECIATION

At 1 April 2024

837,694

867,388

1,705,082

Charge for year

52,009

-

52,009

At 31 March 2025

889,703

867,388

1,757,091

NET BOOK VALUE

At 31 March 2025

150,479

-

150,479

At 31 March 2024

202,488

-

202,488

5.

DEBTORS

31.3.25

31.3.24

£

£

Amounts falling due within one year:

Trade debtors

6,969

5,610

Amounts owed by group undertakings

480,000

430,000

Other debtors

103,500

198,107

590,469

633,717

Amounts falling due after more than one year:

Other debtors

2,054,539

2,087,470

Aggregate amounts

2,645,008

2,721,187

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

37,425

49,050

Amounts owed to group undertakings

1,169,800

1,302,145

Social security and other taxes

2,576

2,473

VAT

50,888

25,617

Other creditors

144,127

144,112

Accruals

6,075

3,321

Deferred government grants

22,550

22,550

1,433,441

1,549,268

7.	ACCRUALS AND DEFERRED INCOME

31.3.25

31.3.24

£

£

Deferred government grants

46,657

69,207

Government

Grants

£

At 1 April 2024

91,757

Released to the profit and loss for the period

(22,550

)

At 31 March 2025

69,207

8.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

The company is owed £2,158,039 (2024: £2,258,324) and owes £144,000 (2024: £144,000) to a company that is related by common Directors.