Aberconwy Car And Van Hire Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02633508 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

ABERCONWY CAR AND VAN HIRE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr C A Williams

Mr B D Williams

Mrs V S Williams

Mrs A R C Williams

SECRETARY:

Mr C A Williams

REGISTERED OFFICE:

Maesdu Road

Llandudno

North Wales

LL30 1HP

REGISTERED NUMBER:

02633508 (England and Wales)

ACCOUNTANTS:

Williams Denton Cyf

Chartered Certified Accountants

Glaslyn

Ffordd y Parc

Parc Menai

Bangor

Gwynedd

LL57 4FE

BANKERS:

HSBC

60 Mostyn Street

Llandudno

North Wales

LL30 2SF

FIXED ASSETS

Intangible assets

4

88,000

99,000

Tangible assets

5

299,506

293,772

Investments

6

200

387,706

392,972

CURRENT ASSETS

Stocks

1,269,830

1,317,805

Debtors

7

461,342

375,091

Cash at bank and in hand

174,475

190,431

1,905,647

1,883,327

CREDITORS

Amounts falling due within one year

8

652,269

754,284

NET CURRENT ASSETS

1,253,378

1,129,043

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,641,084

1,522,015

CREDITORS

Amounts falling due after more than one
year

9

(318,841

)

(362,026

)

PROVISIONS FOR LIABILITIES

(59,553

)

-

NET ASSETS

1,262,690

1,159,989

CAPITAL AND RESERVES

Called up share capital

1,000

Retained earnings

1,261,690

1,158,989

1,262,690

1,159,989

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 13 January 2026 and were signed on its behalf by:

Mr C A Williams - Director

1.	STATUTORY INFORMATION

Aberconwy Car And Van Hire 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.

Related party exemption

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.

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 is being amortised and the carrying amount is reviewed annually by the directors.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Rental income

Rental income is measured at the fair value of the consideration received and is included in other operating

income.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2024

and 30 April 2025

110,000

AMORTISATION

At 1 May 2024

11,000

Charge for year

11,000

At 30 April 2025

22,000

NET BOOK VALUE

At 30 April 2025

88,000

At 30 April 2024

99,000

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 May 2024

290,296

24,525

314,821

Additions

-

8,120

At 30 April 2025

290,296

32,645

322,941

DEPRECIATION

At 1 May 2024

-

21,049

Charge for year

-

2,386

At 30 April 2025

-

23,435

NET BOOK VALUE

At 30 April 2025

290,296

9,210

299,506

At 30 April 2024

290,296

3,476

293,772

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 May 2024

and 30 April 2025

200

NET BOOK VALUE

At 30 April 2025

200

At 30 April 2024

200

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

122,737

110,132

Amounts owed by group undertakings

250,679

185,555

Other debtors

87,926

79,404

461,342

375,091

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

14,168

18,328

Hire purchase contracts

230,838

267,779

Trade creditors

28,452

28,910

Amounts owed to group undertakings

17,784

37,784

Taxation and social security

114,520

146,288

Other creditors

246,507

255,195

652,269

754,284

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans

75,143

81,855

Hire purchase contracts

220,752

193,174

Other creditors

22,946

86,997

318,841

362,026

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 1 year

75,143

81,855

10.	RELATED PARTY DISCLOSURES

As at the 30th April 2025 £250,679 (2024: £185,555) was owed by Aberconwy Properties Limited. During the year loans of £73,074 were paid and repayments of £7,950 were made.

As at the 30th April 2025 £17,784 (2024: £37,784) was owed to Northern Pottery. During the year repayments of £20,000 were made.