REGISTERED NUMBER: 05010883 (England and Wales)

BARMOUTH OASIS COMMUNITY GROUP LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C S M Jones

D E Robinson

M P Harris

H E Lewis

P F Cook

C Barman

D C B Mckeown

REGISTERED OFFICE:

Canolfan Oasis Centre

Unit 7

Park Road

Barmouth

Gwynedd

LL42 1PH

REGISTERED NUMBER:

05010883 (England and Wales)

ACCOUNTANTS:

E W Owen & Co

Glyndwr Buildings

Glyndwr Street

Dolgellau

Gwynedd

LL40 1BB

FIXED ASSETS

Tangible assets

4

257,701

258,381

CURRENT ASSETS

Debtors

5

18,615

19,703

Cash at bank and in hand

154,733

317,175

173,348

336,878

CREDITORS

Amounts falling due within one year

6

34,454

25,360

NET CURRENT ASSETS

138,894

311,518

TOTAL ASSETS LESS CURRENT LIABILITIES

396,595

569,899

CREDITORS

Amounts falling due after more than one year

7

135,108

346,401

NET ASSETS

261,487

223,498

RESERVES

Income and expenditure account

261,487

223,498

261,487

223,498

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 surplus or deficit 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 31 October 2025 and were signed on its behalf by:

C S M Jones - Director

1.	STATUTORY INFORMATION

Barmouth Oasis Community Group Ltd is a private company, limited by guarantee , 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.

Tangible fixed assets

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

Equipment

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

20% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2024 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Computer

property

Equipment

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

253,351

13,614

5,333

998

273,296

Additions

-

509

-

-

509

At 31 March 2025

253,351

14,123

5,333

998

273,805

DEPRECIATION

At 1 April 2024

-

13,348

1,367

200

14,915

Charge for year

-

197

793

199

1,189

At 31 March 2025

-

13,545

2,160

399

16,104

NET BOOK VALUE

At 31 March 2025

253,351

578

3,173

599

257,701

At 31 March 2024

253,351

266

3,966

798

258,381

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

17,996

19,112

Prepayments

619

591

18,615

19,703

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

33,398

24,352

Accrued expenses

1,056

1,008

34,454

25,360

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other loans - 1-2 years

19,167

22,500

Private loan

75,734

95,734

Deferred government grants

40,207

228,167

135,108

346,401

2025

2024

£

£

Amounts falling due in more than five years:

Repayable by instalments

Private loan

75,734

95,734