FOELAS CYFYNGEDIG Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01776959

FOELAS CYFYNGEDIG

Filleted Unaudited Financial Statements

31 August 2025

FOELAS CYFYNGEDIG

Statement of Financial Position

31 August 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	4		31,795	32,571

Current assets

Debtors	5	23,533		23,533

Creditors: amounts falling due within one year	6	223		211
		--------		--------
Net current assets			23,310	23,322
			--------	--------
Total assets less current liabilities			55,105	55,893

Creditors: amounts falling due after more than one year	7	996	816
		--------	--------
Net assets		54,109	55,077
		--------	--------

Capital and reserves

Called up share capital	70	70
Other reserves	46,661	46,661
Profit and loss account	7,378	8,346
	--------	--------
Shareholders funds	54,109	55,077
	--------	--------

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 income and retained earnings has not been delivered.

For the year ending 31 August 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 .

FOELAS CYFYNGEDIG

Statement of Financial Position (continued)

31 August 2025

These financial statements were approved by the board of directors and authorised for issue on 12 May 2026 , and are signed on behalf of the board by:

Mr D. Wynne-Finch

Director

Company registration number: 01776959

FOELAS CYFYNGEDIG

Notes to the Financial Statements

Year ended 31 August 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 45 Stryd y Dyffryn,, DINBYCH, LL16 3AH.

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.

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.

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.

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:

Building Improvements	-	2% straight line
Pentrefoelas Equipment	-	Fully depreciated
Furniture	-	Fully depreciated

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

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Tangible assets

	Land and buildings	Plant and machinery	Equipment	Total
	£	£	£	£
Cost
At 1 September 2024 and 31 August 2025	38,779	4,795	1,838	45,412
	--------	-------	-------	--------
Depreciation
At 1 September 2024	6,208	4,795	1,838	12,841
Charge for the year	776	–	–	776
	--------	-------	-------	--------
At 31 August 2025	6,984	4,795	1,838	13,617
	--------	-------	-------	--------
Carrying amount
At 31 August 2025	31,795	–	–	31,795
	--------	-------	-------	--------
At 31 August 2024	32,571	–	–	32,571
	--------	-------	-------	--------

5. Debtors

	2025	2024
	£	£
Other debtors	23,533	23,533
	--------	--------

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	31	31
Other creditors	192	180
	----	----
	223	211
	----	----

7. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	996	816
	----	----

8. Related party transactions

No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8.