REGISTERED NUMBER: 04842937 (England and Wales)

GWANAS CYFYNGEDIG

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Miss B Evans

SECRETARY:

Mr G R Evans

REGISTERED OFFICE:

Sgubor Gam

Bontnewydd

Dolgellau

LL40 2DG

REGISTERED NUMBER:

04842937 (England and Wales)

ACCOUNTANTS:

E W Owen & Co

Glyndwr Buildings

Glyndwr Street

Dolgellau

Gwynedd

LL40 1BB

FIXED ASSETS

Tangible assets

4

4,527

5,497

CURRENT ASSETS

Debtors

5

-

1,771

Cash at bank

52,169

67,778

52,169

69,549

CREDITORS

Amounts falling due within one year

6

21,710

25,413

NET CURRENT ASSETS

30,459

44,136

TOTAL ASSETS LESS CURRENT LIABILITIES

34,986

49,633

PROVISIONS FOR LIABILITIES

860

1,044

NET ASSETS

34,126

48,589

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

34,125

48,588

SHAREHOLDERS' FUNDS

34,126

48,589

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 30 April 2026 and were signed by:

Miss B Evans - Director

1.	STATUTORY INFORMATION

Gwanas Cyfyngedig 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.

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.

Tangible fixed assets

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 August 2024

and 31 July 2025

3,667

12,790

10,000

1,438

27,895

DEPRECIATION

At 1 August 2024

3,667

11,490

6,723

518

22,398

Charge for year

-

130

656

184

970

At 31 July 2025

3,667

11,620

7,379

702

23,368

NET BOOK VALUE

At 31 July 2025

-

1,170

2,621

736

4,527

At 31 July 2024

-

1,300

3,277

920

5,497

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

1,771

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

468

-

Trade creditors

1,375

1,461

Taxation and social security

1,483

3,000

Other creditors

18,384

20,952

21,710

25,413