Cyfoeth Jones Wealth Limited 30/11/2025 iXBRL

Company registration number: 11693412

Cyfoeth Jones Wealth Limited

Unaudited filleted financial statements

30 November 2025

Cyfoeth Jones Wealth Limited

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

Cyfoeth Jones Wealth Limited

Directors and other information


	Directors	Mr Huw Meredudd Vaughan Jones
		Mrs Siwsan Jane Vaughan Jones


	Company number	11693412


	Registered office	Britannia House
		Ffordd Caergybi
		Llanfair PG
		Anglesey
		LL61 5SZ


	Business address	Britannia House
		Ffordd Caergybi
		Llanfair PG
		Anglesey
		LL61 5SZ


	Accountants	WJ Matthews & Son
		11-15 Bridge Street
		Caernarfon
		Gwynedd
		LL55 1AB

Cyfoeth Jones Wealth Limited

Chartered accountants report to the board of directors on the preparation of the

unaudited statutory financial statements of Cyfoeth Jones Wealth Limited

Year ended 30 November 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Cyfoeth Jones Wealth Limited for the year ended 30 November 2025 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the board of directors of Cyfoeth Jones Wealth Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Cyfoeth Jones Wealth Limited and state those matters that we have agreed to state to the board of directors of Cyfoeth Jones Wealth Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cyfoeth Jones Wealth Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that Cyfoeth Jones Wealth Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Cyfoeth Jones Wealth Limited. You consider that Cyfoeth Jones Wealth Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Cyfoeth Jones Wealth Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

WJ Matthews & Son

Chartered Accountants

11-15 Bridge Street

Caernarfon

Gwynedd

LL55 1AB

18 August 2026

Cyfoeth Jones Wealth Limited

Statement of financial position

30 November 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Intangible assets	5	296,962		339,387
Tangible assets	6	6,639		2,108
		_______		_______
			303,601		341,495

Current assets
Debtors	7	81,557		79,842
Cash at bank and in hand		21,489		57,704
		_______		_______
		103,046		137,546
Creditors: amounts falling due
within one year	8	( 158,453)		( 175,882)
		_______		_______
Net current liabilities			( 55,407)		( 38,336)
			_______		_______
Total assets less current liabilities			248,194		303,159

Creditors: amounts falling due
after more than one year	9		( 246,769)		( 254,623)

Provisions for liabilities			( 1,261)		( 401)

			_______		_______
Net assets			164		48,135
			_______		_______

Capital and reserves
Called up share capital			10		10
Profit and loss account			154		48,125
			_______		_______
Shareholders funds			164		48,135
			_______		_______

For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 18 August 2026 , and are signed on behalf of the board by:

Mr Huw Meredudd Vaughan Jones

Director

Company registration number: 11693412

Cyfoeth Jones Wealth Limited

Notes to the financial statements

Year ended 30 November 2025

1. General information

The company is a private company limited by shares, registered in Wales. The address of the registered office is Britannia House, Ffordd Caergybi, Llanfair PG, Anglesey, LL61 5SZ.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Consolidation

The company has taken advantage of the exemption from preparing consolidated financial statements contained in Section 400 of the Companies Act 2006 on the basis that it is a subsidiary undertaking and its immediate parent undertaking is established under the law of any part of the United Kingdom.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:


Goodwill	-	10 %	straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Fittings fixtures and equipment	-	25 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 4 (2024: 3 ).

5. Intangible assets

	Goodwill	Total
	£	£
Cost
At 1 December 2024 and 30 November 2025	678,724	678,724
	_______	_______
Amortisation
At 1 December 2024	339,337	339,337
Charge for the year	42,425	42,425
	_______	_______
At 30 November 2025	381,762	381,762
	_______	_______
Carrying amount
At 30 November 2025	296,962	296,962
	_______	_______
At 30 November 2024	339,387	339,387
	_______	_______

6. Tangible assets

	Fixtures, fittings and equipment	Total
	£	£
Cost
At 1 December 2024	8,717	8,717
Additions	7,754	7,754
	_______	_______
At 30 November 2025	16,471	16,471
	_______	_______
Depreciation
At 1 December 2024	6,609	6,609
Charge for the year	3,223	3,223
	_______	_______
At 30 November 2025	9,832	9,832
	_______	_______
Carrying amount
At 30 November 2025	6,639	6,639
	_______	_______
At 30 November 2024	2,108	2,108
	_______	_______

7. Debtors

	2025	2024
	£	£
Trade debtors	37,022	28,304
Amounts owed by group undertakings and undertakings in which the company has a participating interest	21,000	29,500
Other debtors	23,535	22,038
	_______	_______
	81,557	79,842
	_______	_______

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	33,000	58,811
Amounts owed to group undertakings and undertakings in which the company has a participating interest	76,986	36,986
Corporation tax	37,467	53,309
Social security and other taxes	754	682
Other creditors	10,246	26,094
	_______	_______
	158,453	175,882
	_______	_______

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	246,769	254,623
	_______	_______

10. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the directors	Balance o/standing
		£	£	£
	Mr Huw Meredudd Vaughan Jones	( 24,942)	16,000	( 8,942)
		_______	_______	_______

2024
		Balance brought forward	Advances /(credits) to the directors	Balance o/standing
		£	£	£
	Mr Huw Meredudd Vaughan Jones	( 24,942)	-	( 24,942)
		_______	_______	_______

11. Related party transactions

During the year the company entered into the following transactions with related parties:

	Transaction value		Balance owed by/(owed to)
	2025	2024	2025	2024
	£	£	£	£
Jones Associates Servicing Limited	86,000	45,000	( 76,986)	( 36,986)
Garth Farm Cottages Limited	-	-	20,000	20,000
	_______	_______	_______	_______

The company has made an interest free loan to Garth Farm Cottages Limited in addition to receiving an interest free loan from Jones Associates Servicing Limited.

12. Controlling party

The company is a wholly owned subsidiary of Grwp ap Fychan Cyf which is controlled by Mr HMV Jones.