Afan Treescapes Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 12403626

Afan Treescapes Limited

Filleted Financial Statements

31 January 2026

Afan Treescapes Limited

Statement of Financial Position

31 January 2026

	2026	2025
Note	£	£

Fixed assets

Tangible assets	5	84,935	99,966

Current assets

Debtors	6	388,871	8,495
Cash at bank and in hand		178,463	162,715
		---------	---------
		567,334	171,210

Creditors: amounts falling due within one year	7	486,563	185,232
		---------	---------
Net current assets/(liabilities)		80,771	( 14,022)
		---------	--------
Total assets less current liabilities		165,706	85,944

Provisions	21,234	20,807
	---------	--------
Net assets	144,472	65,137
	---------	--------

Capital and reserves

Called up share capital	100	100
Profit and loss account	144,372	65,037
	---------	--------
Shareholders funds	144,472	65,137
	---------	--------

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 income and retained earnings has not been delivered.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements were approved by the board of directors and authorised for issue on 29 September 2026 , and are signed on behalf of the board by:

Mr A D Williams

Director

Company registration number: 12403626

Afan Treescapes Limited

Notes to the Financial Statements

Year ended 31 January 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Water Street, Margam, Port Talbot, SA13 2PA.

2. Statement of compliance

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

Revenue recognition

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 profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, 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.

Tangible assets

Tangible assets are initially recorded at cost, and 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.

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:

Plant and machinery	-	25% reducing balance
Fixtures and fittings	-	15% reducing balance
Motor vehicles	-	25% reducing balance

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

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 as a finance cost in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss.

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 as a finance cost 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 6 (2025: 5 ).

5. Tangible assets

	Plant and machinery	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£
Cost
At 1 February 2025	84,950	6,220	87,157	178,327
Additions	–	2,081	17,495	19,576
Disposals	–	–	( 3,788)	( 3,788)
	--------	-------	---------	---------
At 31 January 2026	84,950	8,301	100,864	194,115
	--------	-------	---------	---------
Depreciation
At 1 February 2025	32,486	2,937	42,938	78,361
Charge for the year	17,303	750	14,975	33,028
Disposals	–	–	( 2,209)	( 2,209)
	--------	-------	---------	---------
At 31 January 2026	49,789	3,687	55,704	109,180
	--------	-------	---------	---------
Carrying amount
At 31 January 2026	35,161	4,614	45,160	84,935
	--------	-------	---------	---------
At 31 January 2025	52,464	3,283	44,219	99,966
	--------	-------	---------	---------

Finance leases and hire purchase contracts

Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:

	Plant and machinery
	£
At 31 January 2026	–
	----
At 31 January 2025	24,922
	--------

6. Debtors

	2026	2025
	£	£
Trade debtors	388,871	8,495
	---------	-------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	92,445	12,682
Amounts owed to group undertakings and undertakings in which the company has a participating interest	339,940	87,239
Corporation tax	25,493	–
Social security and other taxes	27,837	79,086
Other creditors	848	6,225
	---------	---------
	486,563	185,232
	---------	---------

8. Summary audit opinion

The auditor's report dated 29 September 2026 was unqualified .

The senior statutory auditor was Matthew Paul Clements , for and on behalf of Clements Jones .