1 January 2025 false No description of principal activity Taxfiler 2024.6 04946549business:PrivateLimitedCompanyLtd2025-01-012025-12-31 049465492024-12-31 049465492025-01-012025-12-31 04946549business:AuditExemptWithAccountantsReport2025-01-012025-12-31 04946549business:FilletedAccounts2025-01-012025-12-31 049465492025-12-31 04946549business:Director12025-01-012025-12-31 04946549business:Director22025-01-012025-12-31 04946549business:RegisteredOffice2025-01-012025-12-31 049465492024-12-31 04946549core:WithinOneYear2025-12-31 04946549core:WithinOneYear2024-12-31 04946549core:AfterOneYear2025-12-31 04946549core:AfterOneYear2024-12-31 04946549core:ShareCapitalcore:PreviouslyStatedAmount2025-12-31 04946549core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 04946549core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-12-31 04946549core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 04946549core:PreviouslyStatedAmount2025-12-31 04946549core:PreviouslyStatedAmount2024-12-31 04946549business:SmallEntities2025-01-012025-12-31 04946549countries:EnglandWales2025-01-012025-12-31 04946549core:PlantMachinery2025-01-012025-12-31 04946549core:LandBuildings2024-12-31 04946549core:PlantMachinery2024-12-31 04946549core:MotorVehicles2024-12-31 04946549core:FurnitureFittings2024-12-31 04946549core:ComputerEquipment2024-12-31 04946549core:LandBuildings2025-01-012025-12-31 04946549core:MotorVehicles2025-01-012025-12-31 04946549core:FurnitureFittings2025-01-012025-12-31 04946549core:ComputerEquipment2025-01-012025-12-31 04946549core:LandBuildings2025-12-31 04946549core:PlantMachinery2025-12-31 04946549core:MotorVehicles2025-12-31 04946549core:FurnitureFittings2025-12-31 04946549core:ComputerEquipment2025-12-31 04946549business:OrdinaryShareClass12025-01-012025-12-31 04946549business:OrdinaryShareClass12024-01-012024-12-31 049465492024-01-012024-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 04946549 (England and Wales)
Pen Isar Coed Farm Limited Unaudited accounts for the year ended 31 December 2025
Pen Isar Coed Farm Limited Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
- 2 -
Pen Isar Coed Farm Limited Company Information for the year ended 31 December 2025
Directors
T.C. Fletcher J.E. Fletcher
Company Number
04946549 (England and Wales)
Registered Office
Pen Isar Coed Farm Jersey Marine Neath Neath PT SA10 6JG UK
Accountants
M J Hazel & Co 30 Brookfield Neath Neath PT SA10 7EH
- 3 -
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Pen Isar Coed Farm Limited for the year ended 31 December 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Pen Isar Coed Farm Limited for the year ended 31 December 2025 as set out on pages 5 - 7 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 icaew.com/membershandbook.
This report is made solely to the Board of Directors of Pen Isar Coed Farm Limited, as a body, in accordance with the terms of our engagement letter dated 18 May 2018. Our work has been undertaken solely to prepare for your approval the accounts of Pen Isar Coed Farm Limited and state those matters that we have agreed to state to the Board of Directors of Pen Isar Coed Farm Limited, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Pen Isar Coed Farm Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Pen Isar Coed Farm Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Pen Isar Coed Farm Limited. You consider that Pen Isar Coed Farm 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 accounts of Pen Isar Coed Farm 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 accounts.
M J Hazel & Co Chartered Accountants 30 Brookfield Neath Neath PT SA10 7EH 25 September 2026
- 4 -
Pen Isar Coed Farm Limited Statement of financial position as at 31 December 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
94,140 
88,122 
Current assets
Inventories
17,544 
29,290 
Debtors
5
4,157 
3,689 
Cash at bank and in hand
20,140 
18,484 
41,841 
51,463 
Creditors: amounts falling due within one year
6
(81,084)
(75,963)
Net current liabilities
(39,243)
(24,500)
Total assets less current liabilities
54,897 
63,622 
Creditors: amounts falling due after more than one year
7
(5,790)
(8,735)
Net assets
49,107 
54,887 
Capital and reserves
Called up share capital
8
2 
2 
Profit and loss account
49,105 
54,885 
Shareholders' funds
49,107 
54,887 
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2026 and were signed on its behalf by
T.C. Fletcher Director Company Registration No. 04946549
- 5 -
Pen Isar Coed Farm Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Pen Isar Coed Farm Limited is a private company, limited by shares, registered in England and Wales, registration number 04946549. The registered office is Pen Isar Coed Farm, Jersey Marine, Neath, Neath PT, SA10 6JG, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 January 2025
6,081 
203,278 
2,925 
- 
1,592 
213,876 
Additions
- 
20,772 
- 
834 
- 
21,606 
At 31 December 2025
6,081 
224,050 
2,925 
834 
1,592 
235,482 
Depreciation
At 1 January 2025
- 
122,676 
2,556 
- 
522 
125,754 
Charge for the year
- 
15,208 
93 
126 
161 
15,588 
At 31 December 2025
- 
137,884 
2,649 
126 
683 
141,342 
Net book value
At 31 December 2025
6,081 
86,166 
276 
708 
909 
94,140 
At 31 December 2024
6,081 
80,602 
369 
- 
1,070 
88,122 
- 6 -
Pen Isar Coed Farm Limited Notes to the Accounts for the year ended 31 December 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
3,568 
3,131 
Accrued income and prepayments
589 
558 
4,157 
3,689 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
8,941 
8,941 
Obligations under finance leases and hire purchase contracts
10,503 
5,350 
Trade creditors
- 
1,281 
Loans from directors
60,173 
58,964 
Accruals
1,467 
1,427 
81,084 
75,963 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Obligations under finance leases and hire purchase contracts
5,790 
8,735 
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
- 7 -