Llynyfan Ltd Company accounts

COMPANY REGISTRATION NUMBER: 15856748

LLYNYFAN LTD

UNAUDITED FINANCIAL STATEMENTS

31 July 2025

LLYNYFAN LTD

FINANCIAL STATEMENTS

YEAR ENDED 31 JULY 2025

Contents	Page

Directors' report	1

Statement of comprehensive income	2

Statement of financial position	3

Statement of changes in equity	4

Notes to the financial statements	5

The following pages do not form part of the financial statements

Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements	9

LLYNYFAN LTD

DIRECTORS' REPORT

YEAR ENDED 31 JULY 2025

The directors present their report and the unaudited financial statements of the company for the year ended 31 July 2025 .

Directors

The directors who served the company during the year were as follows:

Mr R D Onions
Mr P R Rees

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 24 April 2026 and signed on behalf of the board by:

Mr R D Onions

Director

Trading address:

Clywedog Caravan Park

Llanidloes

Powys

SY18 6NE

LLYNYFAN LTD

STATEMENT OF COMPREHENSIVE INCOME

YEAR ENDED 31 JULY 2025

	2025
Note	£
Cost of sales	870
	----
Gross loss	( 870)

Administrative expenses	3,943
	-------
Operating loss	( 4,813)

	-------
Loss before taxation	( 4,813)

Tax on loss	–
	-------
Loss for the financial year and total comprehensive income	( 4,813)
	-------

All the activities of the company are from continuing operations.

The company has no other recognised items of income and expenses other than the results for the year as set out above.

LLYNYFAN LTD

STATEMENT OF FINANCIAL POSITION

31 July 2025

	2025
Note	£	£

Fixed assets

Tangible assets	4		79,347

Current assets

Stocks	1,200
Cash at bank and in hand	50
	-------
	1,250

Creditors: amounts falling due within one year	5	85,408
		--------
Net current liabilities			84,158
			--------
Total assets less current liabilities			( 4,811)
			-------

Capital and reserves

Called up share capital		2
Profit and loss account		( 4,813)
		-------
Shareholders deficit		( 4,811)
		-------

These financial statements have been prepared 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'.

For the year ending 31 July 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 24 April 2026 , and are signed on behalf of the board by:

Mr R D Onions

Director

Company registration number: 15856748

LLYNYFAN LTD

STATEMENT OF CHANGES IN EQUITY

YEAR ENDED 31 JULY 2025

	Called up share capital	Profit and loss account	Total
	£	£	£
At 1 August 2024	–	–	–

Loss for the year		( 4,813)	( 4,813)
	----	-------	-------
Total comprehensive income for the year	–	( 4,813)	( 4,813)

Issue of shares	2	–	2
	----	----	----
Total investments by and distributions to owners	2	–	2

	----	-------	-------
At 31 July 2025	2	( 4,813)	( 4,811)
	----	-------	-------

LLYNYFAN LTD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 JULY 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 Clywedog Caravan Park, Llanidloes, Powys, SY18 6NE.

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.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

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. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

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. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Tangible assets

	Freehold property
	£
Cost
At 1 August 2024	–
Additions	79,347
	--------
At 31 July 2025	79,347
	--------
Depreciation
At 1 August 2024 and 31 July 2025	–
	--------
Carrying amount
At 31 July 2025	79,347
	--------

5. Creditors: amounts falling due within one year

	2025
	£
Trade creditors	800
Other creditors	84,608
	--------
	85,408
	--------

LLYNYFAN LTD

MANAGEMENT INFORMATION

YEAR ENDED 31 JULY 2025

The following pages do not form part of the financial statements.

LLYNYFAN LTD

CHARTERED ACCOUNTANT'S REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF LLYNYFAN LTD

YEAR ENDED 31 JULY 2025

As described on the statement of financial position, the directors of the company are responsible for the preparation of the financial statements for the year ended 31 July 2025, which comprise the statement of comprehensive income, statement of financial position, statement of changes in equity and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.

LAUD MEREDITH & CO Chartered accountants

92 - 94 High Street Porthmadog Gwynedd LL49 9NW

24 April 2026