REGISTERED NUMBER: 09793793 (Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Rhywbeth Newydd Cyfyngedig

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Directors:

Mrs T A Miller

S A Miller

Secretary:

Registered office:

6 Parc YR Onnen

Dinas Cross

Pembrokeshire

SA42 0SU

Registered number:

09793793 (Wales)

Accountants:

Curtis Bowden & Thomas Limited

Chartered Certified Accountants

101 Dunraven Street

Tonypandy

CF40 1AR

Fixed assets

Tangible assets

4

1,013,817

1,025,714

Current assets

Stocks

5

900

1,000

Debtors

6

3,199

2,264

Cash at bank and in hand

25,640

9,200

29,739

12,464

Creditors

Amounts falling due within one year

7

568,728

568,470

Net current liabilities

(538,989

)

(556,006

)

Total assets less current liabilities

474,828

469,708

Creditors

Amounts falling due after more than one year

8

(250,380

)

(266,692

)

Provisions for liabilities

(12,621

)

(14,920

)

Net assets

211,827

188,096

Capital and reserves

Called up share capital

10

2

2

Retained earnings

211,825

188,094

Shareholders' funds

211,827

188,096

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 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 23 July 2026 and were signed on its behalf by:

S A Miller - Director

Mrs T A Miller - Director

1.	Statutory information

Rhywbeth Newydd Cyfyngedig is a private company, limited by shares , registered in Wales. The company's registered number and registered office address can be found on the Company Information page.

The trading address is The Tilery, Melkridge, Haltwhistle, Northumberland, NE49 9PG.

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.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

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

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 - 7 ) .

4.	Tangible fixed assets

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

Cost

At 1 January 2025

869,844

84,685

105,199

Additions

-

2,780

6,131

At 31 December 2025

869,844

87,465

111,330

Depreciation

At 1 January 2025

-

7,341

56,824

Charge for year

-

2,575

12,408

At 31 December 2025

-

9,916

69,232

Net book value

At 31 December 2025

869,844

77,549

42,098

At 31 December 2024

869,844

77,344

48,375

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

Cost

At 1 January 2025

33,098

14,580

5,474

1,112,880

Additions

1,827

-

-

10,738

At 31 December 2025

34,925

14,580

5,474

1,123,618

Depreciation

At 1 January 2025

16,523

2,126

4,352

87,166

Charge for year

4,257

3,114

281

22,635

At 31 December 2025

20,780

5,240

4,633

109,801

Net book value

At 31 December 2025

14,145

9,340

841

1,013,817

At 31 December 2024

16,575

12,454

1,122

1,025,714

5.

Stocks

31.12.25

31.12.24

£

£

Fish, chickens & ducks

200

200

Stocks

200

200

Raw materials

500

600

900

1,000

6.

Debtors: amounts falling due within one year

31.12.25

31.12.24

£

£

Other debtors

3,199

2,264

7.

Creditors: amounts falling due within one year

31.12.25

31.12.24

£

£

Bank loans and overdrafts

22,100

22,100

Trade creditors

9,231

679

Tax

8,006

1,539

Social security and other taxes

-

18

VAT

-

1,073

Directors' current accounts

525,431

531,124

Accruals and deferred income

-

7,977

Accrued expenses

3,960

3,960

568,728

568,470

8.

Creditors: amounts falling due after more than one year

31.12.25

31.12.24

£

£

Commercial mortgage

239,479

252,680

Bounce Back Loan

10,901

14,012

250,380

266,692

9.	Secured debts

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Bank loans

272,480

288,792

10.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

1

Ordinary

£1

2

2

11.	Ultimate controlling party

The ultimate controlling party is The directors, Mr and Mrs Miller..