IRIS Accounts Production v26.1.0.640 13845488 Board of Directors Board of Directors Board of Directors 1.11.24 31.10.25 31.10.25 false true false false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 13845488 2024-10-31 13845488 2025-10-31 13845488 2024-11-01 2025-10-31 13845488 2023-10-31 13845488 2023-11-01 2024-10-31 13845488 2024-10-31 13845488 ns15:EnglandWales 2024-11-01 2025-10-31 13845488 ns14:PoundSterling 2024-11-01 2025-10-31 13845488 ns10:Director1 2024-11-01 2025-10-31 13845488 ns10:Director2 2024-11-01 2025-10-31 13845488 ns10:Director3 2024-11-01 2025-10-31 13845488 ns10:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 13845488 ns10:SmallEntities 2024-11-01 2025-10-31 13845488 ns10:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 13845488 ns10:SmallCompaniesRegimeForDirectorsReport 2024-11-01 2025-10-31 13845488 ns10:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 13845488 ns10:FullAccounts 2024-11-01 2025-10-31 13845488 1 2024-11-01 2025-10-31 13845488 ns10:OrdinaryShareClass1 2024-11-01 2025-10-31 13845488 ns10:RegisteredOffice 2024-11-01 2025-10-31 13845488 ns5:CurrentFinancialInstruments 2025-10-31 13845488 ns5:CurrentFinancialInstruments 2024-10-31 13845488 ns5:Non-currentFinancialInstruments 2025-10-31 13845488 ns5:Non-currentFinancialInstruments 2024-10-31 13845488 ns5:ShareCapital 2025-10-31 13845488 ns5:ShareCapital 2024-10-31 13845488 ns5:RetainedEarningsAccumulatedLosses 2025-10-31 13845488 ns5:RetainedEarningsAccumulatedLosses 2024-10-31 13845488 ns5:NetGoodwill 2024-11-01 2025-10-31 13845488 ns5:IntangibleAssetsOtherThanGoodwill 2024-11-01 2025-10-31 13845488 ns5:LandBuildings 2024-11-01 2025-10-31 13845488 ns5:PlantMachinery 2024-11-01 2025-10-31 13845488 ns5:NetGoodwill 2024-10-31 13845488 ns5:NetGoodwill 2025-10-31 13845488 ns5:NetGoodwill 2024-10-31 13845488 ns5:LandBuildings 2024-10-31 13845488 ns5:FurnitureFittings 2024-10-31 13845488 ns5:FurnitureFittings 2024-11-01 2025-10-31 13845488 ns5:LandBuildings 2025-10-31 13845488 ns5:FurnitureFittings 2025-10-31 13845488 ns5:LandBuildings 2024-10-31 13845488 ns5:FurnitureFittings 2024-10-31 13845488 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-10-31 13845488 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2024-10-31 13845488 ns5:MoreThanFiveYears ns5:Non-currentFinancialInstruments 2025-10-31 13845488 ns5:MoreThanFiveYears ns5:Non-currentFinancialInstruments 2024-10-31 13845488 ns5:Secured 2025-10-31 13845488 ns5:Secured 2024-10-31 13845488 ns10:OrdinaryShareClass1 2025-10-31 13845488 ns5:RetainedEarningsAccumulatedLosses 2024-10-31 13845488 ns5:RetainedEarningsAccumulatedLosses 2024-11-01 2025-10-31

REGISTERED NUMBER: 13845488 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 October 2025 |

| for |

| GLASFRYN KENNELS LTD |

| GLASFRYN KENNELS LTD (REGISTERED NUMBER: 13845488) |

Contents of the Financial Statements

FOR THE YEAR ENDED 31 OCTOBER 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| GLASFRYN KENNELS LTD |

Company Information

FOR THE YEAR ENDED 31 OCTOBER 2025

| DIRECTORS: | Mrs T Mayes

| S M Mayes

| Miss H R Mayes

| REGISTERED OFFICE: | Glasfryn Kennels Ltd

| Water Street

| Margam

| Port Talbot

| SA13 2PN

| REGISTERED NUMBER: | 13845488 (England and Wales)

| GLASFRYN KENNELS LTD (REGISTERED NUMBER: 13845488) |

Balance Sheet

31 OCTOBER 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 16,250 |  | 18,750 |  |

Tangible assets | 5 | 1,030,320 |  | 1,031,286 |  |

1,046,570 |  | 1,050,036 |  |

CURRENT ASSETS

Stocks | 6 | 642 |  | 866 |  |

Cash at bank and in hand | 57,755 |  | 16,210 |  |

58,397 |  | 17,076 |  |

CREDITORS

Amounts falling due within one year | 7 | (364,400 | ) | (303,382 | ) |

NET CURRENT LIABILITIES | (306,003 | ) | (286,306 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 740,567 |  | 763,730 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (770,726 | ) | (778,423 | ) |

NET LIABILITIES | (30,159 | ) | (14,693 | ) |

CAPITAL AND RESERVES

Called up share capital | 10 | 5,000 |  | 5,000 |  |

Retained earnings | 11 | (35,159 | ) | (19,693 | ) |

SHAREHOLDERS' FUNDS | (30,159 | ) | (14,693 | ) |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

| GLASFRYN KENNELS LTD (REGISTERED NUMBER: 13845488) |

Balance Sheet - continued

31 OCTOBER 2025

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 10 May 2026 and were signed on its behalf by:

Mrs T Mayes - Director | S M Mayes - Director

Miss H R Mayes - Director

| GLASFRYN KENNELS LTD (REGISTERED NUMBER: 13845488) |

Notes to the Financial Statements

FOR THE YEAR ENDED 31 OCTOBER 2025

1. | STATUTORY INFORMATION

| Glasfryn Kennels Ltd 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.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of ten 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.

| Land and buildings | - | 2% on cost

| Plant and machinery etc | - | 20% on cost

| Included in land and buildings is land amounting to £145,000 this has not been depreciated.

| 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 10 (2024 - 9 ) .

| GLASFRYN KENNELS LTD (REGISTERED NUMBER: 13845488) |

Notes to the Financial Statements - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 November 2024

| and 31 October 2025 | 25,000 |  |

| AMORTISATION

| At 1 November 2024 | 6,250 |  |

| Amortisation for year | 2,500 |  |

| At 31 October 2025 | 8,750 |  |

| NET BOOK VALUE

| At 31 October 2025 | 16,250 |  |

| At 31 October 2024 | 18,750 |  |

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| Freehold |  | and |

| property |  | fittings |  | Totals

£ | £ | £ |

| COST

| At 1 November 2024 | 1,076,204 |  | 18,299 |  | 1,094,503 |  |

| Additions | 9,992 |  | 13,996 |  | 23,988 |  |

| At 31 October 2025 | 1,086,196 |  | 32,295 |  | 1,118,491 |  |

| DEPRECIATION

| At 1 November 2024 | 57,490 |  | 5,727 |  | 63,217 |  |

| Charge for year | 18,509 |  | 6,445 |  | 24,954 |  |

| At 31 October 2025 | 75,999 |  | 12,172 |  | 88,171 |  |

| NET BOOK VALUE

| At 31 October 2025 | 1,010,197 |  | 20,123 |  | 1,030,320 |  |

| At 31 October 2024 | 1,018,714 |  | 12,572 |  | 1,031,286 |  |

6. | STOCKS

2025 | 2024 |

£ | £ |

| Stocks | 642 |  | 866 |  |

| GLASFRYN KENNELS LTD (REGISTERED NUMBER: 13845488) |

Notes to the Financial Statements - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

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

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 9,892 |  | 9,395 |  |

| Tax | 1,444 |  | 1,898 |  |

| Social security and other taxes | 15,306 |  | 12,069 |  |

| Directors' current accounts | 298,847 |  | 278,870 |  |

| Deferred income | 34,863 |  | - |  |

| Accrued expenses | 4,048 |  | 1,150 |  |

364,400 |  | 303,382 |  |

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

2025 | 2024 |

£ | £ |

| Bank loans - 2-5 years | 33,254 |  | 31,582 |  |

| Bank loans more 5 yr by instal | 230,622 |  | 241,841 |  |

| Director's loan accounts | 506,850 |  | 505,000 |  |

770,726 |  | 778,423 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 230,622 |  | 241,841 |  |

9. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank loans | 273,768 |  | 282,818 |  |

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 5,000 | Ordinary | £1 | 5,000 |  | 5,000 |  |

| GLASFRYN KENNELS LTD (REGISTERED NUMBER: 13845488) |

Notes to the Financial Statements - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

11. | RESERVES

| Retained

| earnings

£ |

| At 1 November 2024 | (19,693 | ) |

| Deficit for the year | (15,466 | ) |

| At 31 October 2025 | (35,159 | ) |