IRIS Accounts Production v25.2.0.378 06339319 Board of Directors 1.2.25 31.1.26 31.1.26 false true false false false true false Fair value model iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 06339319 2025-01-31 06339319 2026-01-31 06339319 2025-02-01 2026-01-31 06339319 2024-01-31 06339319 2024-02-01 2025-01-31 06339319 2025-01-31 06339319 ns15:Wales 2025-02-01 2026-01-31 06339319 ns14:PoundSterling 2025-02-01 2026-01-31 06339319 ns10:Director1 2025-02-01 2026-01-31 06339319 ns10:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 06339319 ns10:SmallEntities 2025-02-01 2026-01-31 06339319 ns10:AuditExempt-NoAccountantsReport 2025-02-01 2026-01-31 06339319 ns10:SmallCompaniesRegimeForDirectorsReport 2025-02-01 2026-01-31 06339319 ns10:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 06339319 ns10:FullAccounts 2025-02-01 2026-01-31 06339319 1 2025-02-01 2026-01-31 06339319 ns10:Director2 2025-02-01 2026-01-31 06339319 ns10:RegisteredOffice 2025-02-01 2026-01-31 06339319 ns5:CurrentFinancialInstruments 2026-01-31 06339319 ns5:CurrentFinancialInstruments 2025-01-31 06339319 ns5:Non-currentFinancialInstruments 2026-01-31 06339319 ns5:Non-currentFinancialInstruments 2025-01-31 06339319 ns5:ShareCapital 2026-01-31 06339319 ns5:ShareCapital 2025-01-31 06339319 ns5:RetainedEarningsAccumulatedLosses 2026-01-31 06339319 ns5:RetainedEarningsAccumulatedLosses 2025-01-31 06339319 ns5:NetGoodwill 2025-02-01 2026-01-31 06339319 ns5:IntangibleAssetsOtherThanGoodwill 2025-02-01 2026-01-31 06339319 ns5:PlantMachinery 2025-02-01 2026-01-31 06339319 ns5:NetGoodwill 2025-01-31 06339319 ns5:NetGoodwill 2026-01-31 06339319 ns5:NetGoodwill 2025-01-31 06339319 ns5:PlantMachinery 2025-01-31 06339319 ns5:PlantMachinery 2026-01-31 06339319 ns5:PlantMachinery 2025-01-31 06339319 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2026-01-31 06339319 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-01-31 06339319 ns10:Director1 1 2025-01-31 06339319 ns10:Director1 1 2024-01-31 06339319 ns10:Director1 1 2025-02-01 2026-01-31 06339319 ns10:Director1 1 2024-02-01 2025-01-31 06339319 ns10:Director1 1 2026-01-31 06339319 ns10:Director1 1 2025-01-31

REGISTERED NUMBER: 06339319 (Wales)

Unaudited Financial Statements for the Year Ended 31 January 2026

for

G A E W Davies Cyf

| G A E W Davies Cyf (Registered number: 06339319) |

Contents of the Financial Statements

for the Year Ended 31 January 2026

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| G A E W Davies Cyf |

Company Information

for the Year Ended 31 January 2026

| DIRECTORS: | G Davies

| Mrs E W Davies

| REGISTERED OFFICE: | Fferm

| Trofarth

| Abergele

| Conwy

| LL22 8BN

| REGISTERED NUMBER: | 06339319 (Wales)

| ACCOUNTANTS: | Iona Edwards cyf

| Chartered Accountant

| 19 Denbigh Street

| Llanrwst

| Conwy

| LL26 0LL

| G A E W Davies Cyf (Registered number: 06339319) |

Balance Sheet

31 January 2026

| 31.1.26 | 31.1.25 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | 2 |  |

Tangible assets | 5 | 572,842 |  | 650,685 |  |

Investment property | 6 | 351,653 |  | 351,653 |  |

924,495 |  | 1,002,340 |  |

CURRENT ASSETS

Stocks | 413,900 |  | 225,445 |  |

Debtors | 7 | 200,400 |  | 265,840 |  |

Cash at bank and in hand | 4,101 |  | 18,655 |  |

618,401 |  | 509,940 |  |

CREDITORS

Amounts falling due within one year | 8 | 303,616 |  | 216,346 |  |

NET CURRENT ASSETS | 314,785 |  | 293,594 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,239,280 |  | 1,295,934 |  |

CREDITORS

Amounts falling due after more than one year | 9 | (16,497 | ) | (60,405 | ) |

PROVISIONS FOR LIABILITIES | (143,210 | ) | (108,428 | ) |

NET ASSETS | 1,079,573 |  | 1,127,101 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 1,079,473 |  | 1,127,001 |  |

1,079,573 |  | 1,127,101 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 4 March 2026 and were signed on its behalf by:

G Davies - Director

| G A E W Davies Cyf (Registered number: 06339319) |

Notes to the Financial Statements

for the Year Ended 31 January 2026

1. | STATUTORY INFORMATION

| G A E W Davies Cyf is a private company, limited by shares , registered in Wales. The company's registered number and registered office address can be found on the Company Information page.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of sixteen years.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| 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, 20% on cost and 20% on reducing balance

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| Stocks

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

| 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.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 17 (2025 - 14 ) .

| G A E W Davies Cyf (Registered number: 06339319) |

Notes to the Financial Statements - continued

for the Year Ended 31 January 2026

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 February 2025

| and 31 January 2026 | 85,000 |  |

| AMORTISATION

| At 1 February 2025 | 84,998 |  |

| Charge for year | 2 |  |

| At 31 January 2026 | 85,000 |  |

| NET BOOK VALUE

| At 31 January 2026 | - |  |

| At 31 January 2025 | 2 |  |

5. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 February 2025 | 1,729,376 |  |

| Additions | 23,380 |  |

| At 31 January 2026 | 1,752,756 |  |

| DEPRECIATION

| At 1 February 2025 | 1,078,691 |  |

| Charge for year | 101,223 |  |

| At 31 January 2026 | 1,179,914 |  |

| NET BOOK VALUE

| At 31 January 2026 | 572,842 |  |

| At 31 January 2025 | 650,685 |  |

6. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 February 2025

| and 31 January 2026 | 351,653 |  |

| NET BOOK VALUE

| At 31 January 2026 | 351,653 |  |

| At 31 January 2025 | 351,653 |  |

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.1.26 |  | 31.1.25

£ | £ |

| Trade debtors | 197,312 |  | 262,467 |  |

| Other debtors | 3,088 |  | 3,373 |  |

200,400 |  | 265,840 |  |

| G A E W Davies Cyf (Registered number: 06339319) |

Notes to the Financial Statements - continued

for the Year Ended 31 January 2026

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.1.26 |  | 31.1.25

£ | £ |

| Bank loans and overdrafts | 108,144 |  | 15,000 |  |

| Hire purchase contracts | 43,252 |  | 51,476 |  |

| Trade creditors | 52,080 |  | 44,411 |  |

| Taxation and social security | 62,762 |  | 23,626 |  |

| Other creditors | 37,378 |  | 81,833 |  |

303,616 |  | 216,346 |  |

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.1.26 |  | 31.1.25

£ | £ |

| Bank loans | 16,497 |  | 27,598 |  |

| Hire purchase contracts | - |  | 32,807 |  |

16,497 |  | 60,405 |  |

10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 31 January 2026 and 31 January 2025:

| 31.1.26 |  | 31.1.25

£ | £ |

| G Davies

| Balance outstanding at start of year | (324 | ) | (27 | ) |

| Amounts advanced | - |  | 15,703 |  |

| Amounts repaid | (17,032 | ) | (16,000 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (17,356 | ) | (324 | ) |