Trewyn Bach Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 16017873

Trewyn Bach Limited

Filleted Unaudited Financial Statements

31 October 2025

Trewyn Bach Limited

Statement of Financial Position

31 October 2025

	31 Oct 25
Note	£	£

Fixed assets

Tangible assets	5		250,778

Current assets

Debtors	6	4,545
Cash at bank and in hand		2,335
		-------
		6,880

Creditors: amounts falling due within one year	7	161,361
		----------
Net current liabilities			154,481
			----------
Total assets less current liabilities			96,297

Provisions		21,504
		---------
Net assets		74,793
		---------

Capital and reserves

Called up share capital		2
Revaluation reserve		96,204
Profit and loss account		( 21,413)
		---------
Shareholders funds		74,793
		---------

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 comprehensive income has not been delivered.

For the period ending 31st October 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 period 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 .

Trewyn Bach Limited

Statement of Financial Position (continued)

31 October 2025

These financial statements were approved by the board of directors and authorised for issue on 29 March 2026 , and are signed on behalf of the board by:

Mrs N.P.M. Budgen	Mr M.G. Budgen
Director	Director

Company registration number: 16017873

Trewyn Bach Limited

Notes to the Financial Statements

Period from 15th October 2024 to 31st October 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 Kynaston House, Kinnerley, Oswestry, SY10 8EF.

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.

Revenue recognition

Turnover represents rental income and other income receivable in the period. Rental income is recognised on an accruals basis over the period to which it relates.

Income tax

Taxation comprises current corporation tax and deferred tax. Current tax is recognised on taxable profits for the period using tax rates enacted or substantively enacted at the reporting date. Deferred tax is recognised on timing differences arising from the revaluation of tangible fixed assets and is measured using tax rates expected to apply when the differences reverse.

Tangible assets

Tangible fixed assets are initially recognised at cost. The company’s freehold property is owner-occupied and used for business purposes. It is subsequently stated at valuation, being fair value at the date of revaluation, less any subsequent impairment losses. Land is not depreciated as it is considered to have an indefinite useful life. Revaluation gains are recognised in other comprehensive income and accumulated in equity within a revaluation reserve, except to the extent that they reverse a revaluation decrease previously recognised in profit or loss.

Impairment of fixed assets

Tangible fixed assets are reviewed at each reporting date to determine whether there is any indication of impairment. Where such an indication exists, an impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event and it is probable that an outflow of economic benefits will be required to settle the obligation. Provisions are measured at the best estimate of the amount required to settle the obligation at the reporting date.

Financial instruments

The company has only basic financial instruments. Trade and other debtors, cash at bank and directors’ loans to the company are recognised at the amount receivable or payable. All financial instruments are measured at amortised cost.

4. Employee numbers

The average number of persons employed by the company during the period amounted to 2 .

5. Tangible assets

	Freehold property
	£
Cost or valuation
At 15th October 2024	–
Additions	154,574
Revaluations	96,204
	----------
At 31st October 2025	250,778
	----------
Depreciation
At 15th October 2024 and 31st October 2025	–
	----------
Carrying amount
At 31st October 2025	250,778
	----------

6. Debtors

	31 Oct 25
	£
Trade debtors	1,000
Other debtors	3,545
	-------
	4,545
	-------

7. Creditors: amounts falling due within one year

	31 Oct 25
	£
Corporation tax	22
Other creditors	161,339
	----------
	161,361
	----------

8. Deferred tax

Deferred tax is provided in full on the revaluation of freehold land.

9. Directors' advances, credits and guarantees

During the period the directors entered into the following advances and credits with the company:

	31 Oct 25
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
Mrs N.P.M. Budgen	–	( 128,772)	( 128,772)
Mr M.G. Budgen	–	( 32,567)	( 32,567)
	----	----------	----------
	–	( 161,339)	( 161,339)
	----	----------	----------

The loans from the Directors are interest free and repayable on demand.