2 false false false false false false false false false false true false false false false false false No description of principal activity 2024-06-01 Sage Accounts Production Advanced 2023 - FRS102_2023 2,352 470 471 941 1,411 1,882 xbrli:pure xbrli:shares iso4217:GBP 14888098 2024-06-01 2025-05-31 14888098 2025-05-31 14888098 2024-05-31 14888098 2023-05-23 2024-05-31 14888098 2024-05-31 14888098 2023-05-22 14888098 core:FurnitureFittings 2024-06-01 2025-05-31 14888098 bus:Director1 2024-06-01 2025-05-31 14888098 core:FurnitureFittings 2024-05-31 14888098 core:FurnitureFittings 2025-05-31 14888098 core:WithinOneYear 2025-05-31 14888098 core:WithinOneYear 2024-05-31 14888098 core:ShareCapital 2025-05-31 14888098 core:ShareCapital 2024-05-31 14888098 core:RetainedEarningsAccumulatedLosses 2025-05-31 14888098 core:RetainedEarningsAccumulatedLosses 2024-05-31 14888098 core:FurnitureFittings 2024-05-31 14888098 bus:SmallEntities 2024-06-01 2025-05-31 14888098 bus:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 14888098 bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 14888098 bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 14888098 bus:FullAccounts 2024-06-01 2025-05-31
COMPANY REGISTRATION NUMBER: 14888098

Tyn Y Parc Holidays Ltd

Filleted Unaudited Financial Statements

31 May 2025

Tyn Y Parc Holidays Ltd

Balance Sheet

31 May 2025

| 2025 | 2024
Note | £ | £

Fixed assets

Tangible assets | 5 | 1,411 | 1,882

Current assets

Cash at bank and in hand | 908 | 392

Creditors: amounts falling due within one year | 6 | 2,705 | 2,287
| ------- | -------
Net current liabilities | 1,797 | 1,895
| ------- | -------
Total assets less current liabilities | ( 386) | ( 13)
| ---- | ----
Net liabilities | ( 386) | ( 13)
| ---- | ----

Capital and reserves

Called up share capital | 2 | 2
Profit and loss account | ( 388) | ( 15)
| ---- | ----
Shareholders deficit | ( 386) | ( 13)
| ---- | ----

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income (including profit and loss account) has not been delivered.
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 13 February 2026 , and are signed on behalf of the board by:

Ms A S Roberts
Director

Company registration number: 14888098

Tyn Y Parc Holidays Ltd

Notes to the Financial Statements

Year ended 31 May 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Tyn y Parc, Llithfaen, Pwllheli, LL53 6PA.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. There are no material judgements, estimates or assumptions.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Operating leases
Lease income is recognised in profit or loss on a straight line basis over the lease term. The aggregate cost of lease incentives are recognised as a reduction to income over the lease term on a straight-line basis. Costs, including depreciation, incurred in earning the lease income are recognised as an expense. Any initial direct costs incurred in negotiating and arranging the operating lease are added to the carrying amount of the lease and recognised as an expense over the lease term on the same basis as the lease income.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Fixtures and fittings | - | 20% straight line

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).
5. Tangible assets

| Fixtures and fittings
| £
Cost |
At 1 June 2024 and 31 May 2025 | 2,352
| -------
Depreciation |
At 1 June 2024 | 470
Charge for the year | 471
| -------
At 31 May 2025 | 941
| -------
Carrying amount |
At 31 May 2025 | 1,411
| -------
At 31 May 2024 | 1,882
| -------

6. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Corporation tax | 6 | –
Other creditors | 2,699 | 2,287
| ------- | -------
| 2,705 | 2,287
| ------- | -------

7. Directors' advances, credits and guarantees
During the period the directors made further payments on behalf of the company. As at 31 May 2025, £2,279 (2024 £1,867) was owed to the directors and will be repaid by 31 May 2026.