A. J. PRICHARD (DEGANWY) LIMITED


Directors	BROWN, Nina Elizabeth
	COLLINS, Nina Suzanne
	MOSS, Sarah Louise
	WEBSTER, Peter David


Company Secretary	BROWN, Nina Elizabeth


Registered Address	Park Cottage
	Gannock Park
	Deganwy
	LL31 9PZ


Registered Number	00436584 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investments	3		689,220		671,687
			689,220		671,687
Current assets
Debtors	4	2,751		2,155
Cash at bank and on hand		27,085		16,799
		29,836		18,954
Creditors amounts falling due within one year	5	(1,550)		(1,093)
Net current assets (liabilities)			28,286		17,861
Total assets less current liabilities			717,506		689,548
Provisions for liabilities	6		(89,002)		(76,362)
Net assets			628,504		613,186
Capital and reserves
Called up share capital			18,000		18,000
Revaluation reserve			287,217		267,777
Profit and loss account			323,287		327,409
Shareholders' funds	7		628,504		613,186

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 23 October 2025, and are signed on its behalf by:

BROWN, Nina Elizabeth
Director
Registered Company No. 00436584

A. J. PRICHARD (DEGANWY) LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

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

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Investments
	Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Fixed asset investments

	Other investments¹	Total
	£	£
Cost or valuation
At 01 April 24	671,687	671,687
Additions	1,632	1,632
Revaluations	28,161	28,161
Disposals	(12,260)	(12,260)
At 31 March 25	689,220	689,220
Net book value
At 31 March 25	689,220	689,220
At 31 March 24	671,687	671,687

	Notes
	¹Other investments other than loans

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	2,751	2,155
Total	2,751	2,155

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Accrued liabilities and deferred income	1,550	1,093
Total	1,550	1,093

6.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	89,002	76,362
Total	89,002	76,362

7.	Revaluation reserve


		£
	Reserve at 01 April 24	267,777
	Revaluations of other assets	19,440
	At 31 March 25	287,217