REGISTERED NUMBER: 02205272 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

NANT-Y-FOEL CYFYNGEDIG

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms M Welsby

REGISTERED OFFICE:

Cartref Bryn Yr Eglwys

Pentrefoelas

CONWY

LL24 0HY

REGISTERED NUMBER:

02205272 (England and Wales)

ACCOUNTANTS:

Williams Denton Cyf

Chartered Certified Accountants

Glaslyn

Ffordd y Parc

Parc Menai

Bangor

Gwynedd

LL57 4FE

FIXED ASSETS

Tangible assets

4

2,192,477

2,202,338

CURRENT ASSETS

Stocks

1,531

1,458

Debtors

5

305,927

470,965

Cash at bank and in hand

364,877

213,855

672,335

686,278

CREDITORS

Amounts falling due within one year

6

320,626

357,003

NET CURRENT ASSETS

351,709

329,275

TOTAL ASSETS LESS CURRENT LIABILITIES

2,544,186

2,531,613

CREDITORS

Amounts falling due after more than one year

7

(405,411

)

(525,382

)

PROVISIONS FOR LIABILITIES

(136,241

)

(136,105

)

NET ASSETS

2,002,534

1,870,126

CAPITAL AND RESERVES

Called up share capital

4

4

Fair value reserve

8

261,995

261,995

Retained earnings

1,740,535

1,608,127

2,002,534

1,870,126

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 6 August 2026 and were signed by:

Ms M Welsby - Director

1.	STATUTORY INFORMATION

Nant-Y-Foel Cyfyngedig 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 represents the amounts derived from the provision of nursing care which is exempt from Value Added Tax.

Tangible fixed assets

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

Land and buildings

-

in accordance with the property

Plant and machinery etc

-

25% on cost and 10% 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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 29 (2025 - 26 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2025

995,594

1,383,160

2,378,754

Additions

-

8,750

8,750

At 31 March 2026

995,594

1,391,910

2,387,504

DEPRECIATION

At 1 April 2025

77,368

99,048

176,416

Charge for year

9,456

9,155

18,611

At 31 March 2026

86,824

108,203

195,027

NET BOOK VALUE

At 31 March 2026

908,770

1,283,707

2,192,477

At 31 March 2025

918,226

1,284,112

2,202,338

Land and buildings were revalued on 16th March 2012 by a firm of Chartered Surveyors not connected with the company on the basis of market value.

If land and buildings were stated on an historical cost basis rather than deemed cost basis, the carrying value on revaluation would have been £245,614.The original cost was £451,546.

.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

39,543

59,051

Other debtors

266,384

411,914

305,927

470,965

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

119,719

119,719

Trade creditors

5,407

7,370

Taxation and social security

187,148

195,631

Other creditors

8,352

34,283

320,626

357,003

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

405,411

525,382

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

405,411

525,382

8.

RESERVES

Fair

value

reserve

£

At 1 April 2025

and 31 March 2026

261,995

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

Ms M Welsby

Balance outstanding at start of year

375,535

128,271

Amounts advanced

187,476

488,384

Amounts repaid

(337,154

)

(241,120

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

225,857

375,535