REGISTERED NUMBER: 04831131 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Cefn Lea Park Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D J Morgan

C J E Morgan

Mrs A M Morgan

Mrs E L Morgan

REGISTERED OFFICE:

Cross Chambers

High Street

Newtown

Powys

SY16 2NY

REGISTERED NUMBER:

04831131 (England and Wales)

ACCOUNTANTS:

Morgan Griffiths LLP

Chartered Accountants

Cross Chambers

9 High Street

Newtown

Powys

SY16 2NY

FIXED ASSETS

Tangible assets

4

1,384,801

1,353,765

CURRENT ASSETS

Stocks

8,700

4,000

Debtors

5

330,253

250,576

Cash at bank and in hand

458,828

475,563

797,781

730,139

CREDITORS

Amounts falling due within one year

6

381,710

335,725

NET CURRENT ASSETS

416,071

394,414

TOTAL ASSETS LESS CURRENT LIABILITIES

1,800,872

1,748,179

CREDITORS

Amounts falling due after more than one year

7

(185,975

)

(274,975

)

PROVISIONS FOR LIABILITIES

(65,682

)

(52,085

)

NET ASSETS

1,549,215

1,421,119

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

1,549,211

1,421,115

SHAREHOLDERS' FUNDS

1,549,215

1,421,119

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 10 November 2025 and were signed on its behalf by:

D J Morgan - Director

1.	STATUTORY INFORMATION

Cefn Lea Park 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

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

-

10% on reducing balance and 2% on cost or valuation

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Government grants

Grants that relate to specific capital expenditure are treated as deferred income which is then credited to the profit & loss account over the useful life of the asset.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 28 (2024 - 25 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

935,079

1,144,467

2,079,546

Additions

-

84,344

84,344

At 31 March 2025

935,079

1,228,811

2,163,890

DEPRECIATION

At 1 April 2024

-

725,781

725,781

Charge for year

-

53,308

53,308

At 31 March 2025

-

779,089

779,089

NET BOOK VALUE

At 31 March 2025

935,079

449,722

1,384,801

At 31 March 2024

935,079

418,686

1,353,765

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

34,145

63,561

Other debtors

296,108

187,015

330,253

250,576

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

95,209

95,209

Trade creditors

133,642

121,384

Taxation and social security

76,169

66,521

Other creditors

76,690

52,611

381,710

335,725

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

172,639

259,416

Other creditors

13,336

15,559

185,975

274,975

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,802

28,579

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

267,848

354,625