REGISTERED NUMBER: 05610213 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

THE LOWER FISHGUARD VILLAGE TRUST

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs J A Moffett

I G Davies

Mrs T J Booth

SECRETARY:

William Marshall & Co Ltd

REGISTERED OFFICE:

Park View House

Ropewalk

Fishguard

Pembrokeshire

SA65 9BT

REGISTERED NUMBER:

05610213 (England and Wales)

ACCOUNTANTS:

C W F Marshall

Independent Examiner

Park View House

Ropewalk

Fishguard

Pembrokeshire

SA65 9BT

FIXED ASSETS

Tangible assets

4

29,541

29,541

CURRENT ASSETS

Cash at bank and in hand

3,212

3,188

NET CURRENT ASSETS

3,212

3,188

TOTAL ASSETS LESS CURRENT LIABILITIES

32,753

32,729

RESERVES

Heritage assets fund

5

29,541

29,541

Playground fund

5

1,500

1,500

Income and expenditure account

5

1,712

1,688

32,753

32,729

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2026 and were signed on its behalf by:

Mrs J A Moffett - Director

I G Davies - Director

Mrs T J Booth - Director

1.	STATUTORY INFORMATION

The Lower Fishguard Village Trust 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 as modified by the revaluation of certain assets.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Heritage assets

-

not provided

Playground equipment

-

15% on cost

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Heritage

Playground

assets

equipment

Totals

£

£

£

COST OR VALUATION

At 1 December 2024

and 30 November 2025

29,541

16,000

45,541

DEPRECIATION

At 1 December 2024

and 30 November 2025

-

16,000

16,000

NET BOOK VALUE

At 30 November 2025

29,541

-

29,541

At 30 November 2024

29,541

-

29,541

Cost or valuation at 30 November 2025 is represented by:

Heritage

Playground

assets

equipment

Totals

£

£

£

Valuation in 2006

-

16,000

16,000

Valuation in 2007

7,500

-

7,500

Cost

22,041

-

22,041

29,541

16,000

45,541

5.

RESERVES

Income

and

Heritage

expenditure

assets

Playground

account

fund

fund

Totals

£

£

£

£

At 1 December 2024

1,688

29,541

1,500

32,729

Surplus for the year

24

24

At 30 November 2025

1,712

29,541

1,500

32,753

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

There were no transactions with the trustee/directors during the year.