REGISTERED NUMBER: 04573463 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

Y Ffynnon Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C Williams

Mrs J Williams

SECRETARY:

Mrs J Williams

REGISTERED OFFICE:

The Old School

The Quay

Carmarthen

Carmarthenshire

SA31 3LN

REGISTERED NUMBER:

04573463 (England and Wales)

ACCOUNTANTS:

Ashmole & Co.

Chartered Certified Accountants

The Old School

The Quay

Carmarthen

Carmarthenshire

SA31 3LN

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

63,675

72,782

63,675

72,782

CURRENT ASSETS

Stocks

10,926

14,957

Debtors

130,463

111,236

Cash at bank and in hand

88,391

101,112

229,780

227,305

CREDITORS

Amounts falling due within one year

124,406

127,835

NET CURRENT ASSETS

105,374

99,470

TOTAL ASSETS LESS CURRENT LIABILITIES

169,049

172,252

CREDITORS

Amounts falling due after more than one year

(16,528

)

(22,854

)

PROVISIONS FOR LIABILITIES

(11,311

)

(13,017

)

NET ASSETS

141,210

136,381

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

141,208

136,379

SHAREHOLDERS' FUNDS

141,210

136,381

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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 October 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 27 July 2026 and were signed on its behalf by:

C Williams - Director

1.	STATUTORY INFORMATION

Y Ffynnon 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

2% on cost

Plant and machinery

-

20% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 6 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 November 2024

and 31 October 2025

24,000

AMORTISATION

At 1 November 2024

and 31 October 2025

24,000

NET BOOK VALUE

At 31 October 2025

-

At 31 October 2024

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 November 2024

209,972

Additions

11,028

Disposals

(1,529

)

At 31 October 2025

219,471

DEPRECIATION

At 1 November 2024

137,190

Charge for year

20,014

Eliminated on disposal

(1,408

)

At 31 October 2025

155,796

NET BOOK VALUE

At 31 October 2025

63,675

At 31 October 2024

72,782

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

At 1 November 2024

and 31 October 2025

79,150

DEPRECIATION

At 1 November 2024

46,885

Charge for year

8,067

At 31 October 2025

54,952

NET BOOK VALUE

At 31 October 2025

24,198

At 31 October 2024

32,265

6.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr and Mrs C Williams..

The ultimate controlling party is Mr and Mrs C Williams..