Principal Activities

All year round furnished self catering letting [ two apartments] in a commercial building the company owns at 1 Castle Street Beaumaris LL58 8AP. The company also lets a separate self contained part of the building as an office.

Political and charitable donations

None.

Company policy on the employment of disabled persons

The Company is an equal opportunity employer.

Additional information

The financial year 24-25 saw a 22% drop in turnover from the year 23-24, whilst fixed and guest-related costs [Cleaning etc.] increased as a proportion of letting income. This resulted in 35% fall in profits overall, before tax, for the financial year 24-25. From our business perspective, it is our belief that several factors, including early season weather, came together to cause that drop. Principally however a significant factor was a distortion into the marketplace induced into the self-catering letting environment, by the effects of Welsh Government Policy, in the sector. These range from the prior introduction of 182 nights letting thresholds by the Welsh Govt. This particularly appeared to distort the off-season pricing by market participants, to almost unprofitable levels, as numerous participants sought to sell availability, often at cost or below cost levels, to gain market share and try to achieve the, unduly high, nights let thresholds. These thresholds, in our view, were set at a level that sadly, did not represent the feedback, from the actual self-catering sector consultation across Wales. We took the business decision not to sell at cost or below cost to compete which did impact the number of nights let, particularly in one, of our two apartments. Additionally, the Welsh Govt appeared to fuel negative sentiment by prolonged press/media coverage and debate over the future introduction of a Tourism tax. As a longstanding Welsh business, we found the Welsh Govt strategy unhelpful in overall economic terms as our Beaumaris business, since its commencement, has brought thousands of guests to stay in the heart of the town. We know, from our “on the ground” experience, that most of those guests eat out extensively in the restaurants of South Anglesey; whilst also spending to visit local attractions from boat trips, Castle visits, shops and many more. That sustains extensive tourism dependent employment in the overall Ynys Mon community as well as contributing more locally to a vibrant town.

This report was approved by the board of directors on 16 November 2025
And Signed On Behalf Of The Board By:

Name: Howard Gray Roberts
Status: Director

Name: Menna Lynn Roberts
Status: Director