REGISTERED NUMBER: 08082514 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Plas Heli Cyf

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M S Owen

S A Tudor

M Butterfield

R J L Smith

M H Thompson

SECRETARY:

S A Tudor

REGISTERED OFFICE:

Glan y Don

Pwllheli

Gwynedd

LL53 5YT

REGISTERED NUMBER:

08082514 (England and Wales)

ACCOUNTANTS:

Gwyn Thomas and Co Limited

1 Thomas Buildings

New Street

Pwllheli

Gwynedd

LL53 5HH

FIXED ASSETS

Tangible assets

4

222,737

245,255

Investment property

5

240,000

240,000

462,737

485,255

CURRENT ASSETS

Debtors

6

23,690

25,416

Cash at bank

73,589

27,182

97,279

52,598

CREDITORS

Amounts falling due within one year

7

43,728

21,689

NET CURRENT ASSETS

53,551

30,909

TOTAL ASSETS LESS CURRENT LIABILITIES

516,288

516,164

CREDITORS

Amounts falling due after more than one year

8

(23,476

)

(41,156

)

PROVISIONS FOR LIABILITIES

(45,600

)

(45,600

)

NET ASSETS

447,212

429,408

RESERVES

Fair value reserve

9

194,400

194,400

Income and expenditure account

252,812

235,008

447,212

429,408

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 surplus or deficit 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 Board of Directors and authorised for issue on 17 July 2026 and were signed on its behalf by:

S A Tudor - Director

1.	STATUTORY INFORMATION

Plas Heli Cyf is a private company, limited by guarantee , 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.

Land and buildings

-

2% on cost

Plant and machinery etc

-

20% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in surplus or deficit.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2025

53,669

374,546

428,215

Additions

3,902

17,002

20,904

At 31 December 2025

57,571

391,548

449,119

DEPRECIATION

At 1 January 2025

2,765

180,195

182,960

Charge for year

1,151

42,271

43,422

At 31 December 2025

3,916

222,466

226,382

NET BOOK VALUE

At 31 December 2025

53,655

169,082

222,737

At 31 December 2024

50,904

194,351

245,255

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

and 31 December 2025

240,000

NET BOOK VALUE

At 31 December 2025

240,000

At 31 December 2024

240,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

5,223

6,947

Other debtors

18,467

18,469

23,690

25,416

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

12,250

1,220

Taxation and social security

9,363

-

Other creditors

22,115

20,469

43,728

21,689

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Other creditors

23,476

41,156

9.

RESERVES

Fair

value

reserve

£

At 1 January 2025

and 31 December 2025

194,400