REGISTERED NUMBER: 01244799 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

D. R. WILLIAMS (FELINWNDA) LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

112,462

101,851

CURRENT ASSETS

Stocks

14,222

16,226

Debtors

5

403,074

320,255

Cash at bank

255,867

328,553

673,163

665,034

CREDITORS

Amounts falling due within one year

6

463,453

519,906

NET CURRENT ASSETS

209,710

145,128

TOTAL ASSETS LESS CURRENT LIABILITIES

322,172

246,979

CREDITORS

Amounts falling due after more than one year

7

(67,824

)

(51,645

)

PROVISIONS FOR LIABILITIES

(28,115

)

(23,411

)

NET ASSETS

226,233

171,923

CAPITAL AND RESERVES

Called up share capital

1,200

1,200

Retained earnings

225,033

170,723

226,233

171,923

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 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 September 2026 and were signed on its behalf by:

Mr R G Williams - Director

1.	STATUTORY INFORMATION

D. R. Williams (Felinwnda) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

01244799

Registered office:

Unit 5 Blythe Farm

Llandwrog

Caernarfon

Gwynedd

LL54 5TG

The presentation currency of the financial statements is the Pound Sterling (£).

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 net invoiced work done and uninvoiced amounts due on contracts by reference to the stage of completion, excluding 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on cost and 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 Profit & Loss Account, 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

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 11 (2025 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

277,977

Additions

48,950

Disposals

(6,386

)

At 31 March 2026

320,541

DEPRECIATION

At 1 April 2025

176,126

Charge for year

38,338

Eliminated on disposal

(6,385

)

At 31 March 2026

208,079

NET BOOK VALUE

At 31 March 2026

112,462

At 31 March 2025

101,851

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

Plant and

machinery

etc

£

COST

At 1 April 2025

137,473

Additions

48,950

Transfer to ownership

(45,185

)

At 31 March 2026

141,238

DEPRECIATION

At 1 April 2025

62,651

Charge for year

26,870

Transfer to ownership

(28,887

)

At 31 March 2026

60,634

NET BOOK VALUE

At 31 March 2026

80,604

At 31 March 2025

74,822

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

343,424

293,997

Amounts recoverable on contract

59,650

26,258

403,074

320,255

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

1,000

4,000

Hire purchase contracts (see note 8)

23,820

31,450

Trade creditors

138,966

194,718

Taxation and social security

151,034

131,256

Other creditors

148,633

158,482

463,453

519,906

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

1,000

Hire purchase contracts (see note 8)

67,824

50,645

67,824

51,645

8.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2026

2025

£

£

Net obligations repayable:

Within one year

23,820

31,450

Between one and five years

67,824

50,645

91,644

82,095

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Hire purchase contracts

91,644

82,095