TY GWYN D.P LIMITED

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—7

1. General Information

TY GWYN D.P LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 06067328 . The registered office is 14 Sway Road, Morriston, Swansea, SA6 6HT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	2% on cost
Plant & Machinery	20% on straight line
Motor Vehicles	10% on straight line
Fixtures & Fittings	20% on straight line
Computer Equipment	20% on straight line

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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TY GWYN D.P LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

2.7. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

2.8. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year were 10 (2024: 10)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 October 2024	60,000

As at 30 September 2025	60,000

Amortisation
As at 1 October 2024	60,000

As at 30 September 2025	60,000

Net Book Value
As at 30 September 2025	-

As at 1 October 2024	-

5. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 October 2024	131,450	148,680	65,890	43,903
Additions	-	62,061	-	-

As at 30 September 2025	131,450	210,741	65,890	43,903

Depreciation
As at 1 October 2024	33,050	148,680	12,080	30,137
Provided during the period	2,400	-	6,589	7,188

As at 30 September 2025	35,450	148,680	18,669	37,325

Net Book Value
As at 30 September 2025	96,000	62,061	47,221	6,578

As at 1 October 2024	98,400	-	53,810	13,766

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TY GWYN D.P LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025


	Computer Equipment	Total
	£	£
Cost
As at 1 October 2024	18,411	408,334
Additions	264	62,325

As at 30 September 2025	18,675	470,659

Depreciation
As at 1 October 2024	3,284	227,231
Provided during the period	3,704	19,881

As at 30 September 2025	6,988	247,112

Net Book Value
As at 30 September 2025	11,687	223,547

As at 1 October 2024	15,127	181,103

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

	2025	2024
	£	£
Motor Vehicles	47,221	53,810

6. Stocks

	2025	2024
	£	£
Materials	2,410	2,340

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	46,844	40,748
Prepayments and accrued income	2,132	2,745
Other debtors	98,958	98,958
Net wages	100	-

	148,034	142,451

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TY GWYN D.P LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	11,473	11,473
Trade creditors	6,003	5,146
Bank loans and overdrafts	-	1,634
Corporation tax	52,380	55,273
Other taxes and social security	5,993	3,989
Net wages	-	632
Pension liability	203	153
Accruals and deferred income	3,345	3,362
Director's loan account	2,344	20,107

	81,741	101,769

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	2,868	14,341

10. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	11,473	11,473
Later than one year and not later than five years	2,868	14,341

	14,341	25,814

	14,341	25,814

11. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1 each	100	100

12. Pension Commitments

The company operates a defined contribution pension scheme for its staff members. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £203 (PY £153) were due to the fund. They are included in Other Creditors.

13. Directors Advances, Credits and Guarantees

Dividends paid to directors

	2025	2024
	£	£
Dr Mustafa Mukhaiber	34,500	35,500

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TY GWYN D.P LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

14. Related Party Transactions

In the accounting period ending in September 2018, the company gave a loan of £100,040 to another company, Baraka Properties Limited (Co Reg 10967172), in which the director and his spouse are 100% shareholders. The amount outstanding as of year-end was £98,958 and is included in debtors.

15. Ultimate Controlling Party

The company's ultimate controlling party is director and company secretary by virtue of their ownership of 100% of the issued share capital in the company.

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		223,547		181,103

			223,547		181,103
CURRENT ASSETS
Stocks	6	2,410		2,340
Debtors	7	148,034		142,451
Cash at bank and in hand		646,395		595,289

		796,839		740,080
Creditors: Amounts Falling Due Within One Year	8	(81,741 )		(101,769 )

NET CURRENT ASSETS (LIABILITIES)			715,098		638,311

TOTAL ASSETS LESS CURRENT LIABILITIES			938,645		819,414

Creditors: Amounts Falling Due After More Than One Year	9		(2,868 )		(14,341 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(31,750 )		(20,509 )

NET ASSETS			904,027		784,564

CAPITAL AND RESERVES
Called up share capital	11		100		100
Profit and Loss Account			903,927		784,464

SHAREHOLDERS' FUNDS			904,027		784,564