REGISTERED NUMBER: 04630439 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Hughes Blaendyffryn Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

W D E Hughes

D M Hughes

SECRETARY:

Mrs E M Hughes

REGISTERED OFFICE:

The Old School

The Quay

Carmarthen

Carmarthenshire

SA31 3JP

REGISTERED NUMBER:

04630439 (England and Wales)

FIXED ASSETS

Intangible assets

4

325

325

Tangible assets

5

420,242

351,206

420,567

351,531

CURRENT ASSETS

Stocks

155,080

137,700

Debtors

6

45,262

51,995

Investments

7

600,585

386,365

Cash at bank

173,199

302,156

974,126

878,216

CREDITORS

Amounts falling due within one year

8

73,626

76,928

NET CURRENT ASSETS

900,500

801,288

TOTAL ASSETS LESS CURRENT LIABILITIES

1,321,067

1,152,819

PROVISIONS FOR LIABILITIES

65,904

45,544

NET ASSETS

1,255,163

1,107,275

CAPITAL AND RESERVES

Called up share capital

301

301

Retained earnings

1,254,862

1,106,974

1,255,163

1,107,275

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 November 2026 and were signed on its behalf by:

W D E Hughes - Director

1.	STATUTORY INFORMATION

Hughes Blaendyffryn Limited 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

SFP Entitlements are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

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

Plant and machinery etc

-

20% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2025 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2025

and 31 March 2026

325

NET BOOK VALUE

At 31 March 2026

325

At 31 March 2025

325

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

803,314

Additions

152,250

Disposals

(67,000

)

At 31 March 2026

888,564

DEPRECIATION

At 1 April 2025

452,108

Charge for year

52,340

Eliminated on disposal

(36,126

)

At 31 March 2026

468,322

NET BOOK VALUE

At 31 March 2026

420,242

At 31 March 2025

351,206

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

17,983

32,617

Other debtors

27,279

19,378

45,262

51,995

7.	CURRENT ASSET INVESTMENTS

31.3.26

31.3.25

£

£

Listed investments

596,685

382,465

First milk retention

3,900

3,900

600,585

386,365

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade creditors

13,617

23,995

Taxation and social security

25,994

34,160

Other creditors

34,015

18,773

73,626

76,928

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.3.26

31.3.25

£

£

W D E Hughes and D M Hughes

Balance outstanding at start of year

(18,774

)

(14,016

)

Amounts advanced

5,596

39,855

Amounts repaid

(20,838

)

(44,613

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(34,016

)

(18,774

)

10.	ULTIMATE CONTROLLING PARTY

The controlling party is W D E Hughes.