REGISTERED NUMBER: 11306098 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

FOR

TRIBELLS LLANDUDNO LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R H Reynolds Esq

Mrs C E Reynolds

Mrs O B Parsons

Miss T Reynolds

SECRETARY:

REGISTERED OFFICE:

Bodhyfryd Hall

Maenan

Llanrwst

LL26 0YR

REGISTERED NUMBER:

11306098 (England and Wales)

ACCOUNTANT:

sianroberts

Chartered Accountant

Glasdir

Plas Yn Dre

Station Road

Llanrwst

Conwy

LL26 0DF

FIXED ASSETS

Tangible assets

4

1,008,531

1,007,653

CURRENT ASSETS

Debtors

5

112,392

33,548

Cash at bank and in hand

3,759

706

116,151

34,254

CREDITORS

Amounts falling due within one year

6

338,100

277,241

NET CURRENT LIABILITIES

(221,949

)

(242,987

)

TOTAL ASSETS LESS CURRENT LIABILITIES

786,582

764,666

CREDITORS

Amounts falling due after more than one year

7

(433,982

)

(453,183

)

PROVISIONS FOR LIABILITIES

(72,237

)

(72,070

)

NET ASSETS

280,363

239,413

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

9

211,849

211,849

Retained earnings

68,414

27,464

SHAREHOLDERS' FUNDS

280,363

239,413

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 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.

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 28 July 2026 and were signed on its behalf by:

R H Reynolds Esq - Director

1.	STATUTORY INFORMATION

Tribells Llandudno Limited 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 as modified by the revaluation of certain assets.

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.

Plant and machinery etc

-

15% on reducing balance

No depreciation has been provided on the freehold property as in the opinion of the directors the property will have a value in excess of the current valuation at the end of 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 13 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 August 2024

1,000,000

9,348

1,009,348

Additions

-

1,772

1,772

At 31 July 2025

1,000,000

11,120

1,011,120

DEPRECIATION

At 1 August 2024

-

1,695

1,695

Charge for year

-

894

894

At 31 July 2025

-

2,589

2,589

NET BOOK VALUE

At 31 July 2025

1,000,000

8,531

1,008,531

At 31 July 2024

1,000,000

7,653

1,007,653

Cost or valuation at 31 July 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2025

1,000,000

11,120

1,011,120

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

717,535

717,535

Value of land in freehold land and buildings

717,535

717,535

Freehold land and buildings were valued on an open market basis on 22 July 2026 by Colin Flannigan of St David's Commercial .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

112,392

33,548

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

41,089

39,990

Trade creditors

13,392

6,705

Taxation and social security

125,618

90,991

Other creditors

158,001

139,555

338,100

277,241

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

433,982

453,183

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

385,982

405,183

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdrafts

30,089

28,990

Bank loans

444,982

464,183

475,071

493,173

The bank has a legal charge over the freehold property of 8-10 Lloyd Street, Llandudno as well as a fixed and floating charge over all of the company's assets.

9.

RESERVES

Revaluation

reserve

£

At 1 August 2024

and 31 July 2025

211,849

10.	ULTIMATE CONTROLLING PARTY

The controlling party is R H Reynolds Esq.