Recordiau Lliwgar Cyf. - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 08473383 (Wales)

Unaudited Financial Statements for the Year Ended 30th April 2017

for

Recordiau Lliwgar Cyf.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M Parry

Mr O Edwards

Mr G Pritchard

SECRETARY:

Miss E H Rowlands

REGISTERED OFFICE:

Adeilad St David's Building

Stryd Lombard Street

Porthmadog

Gwynedd

LL49 9AP

REGISTERED NUMBER:

08473383 (Wales)

ACCOUNTANTS:

Dunn & Ellis Cyf

Chartered Accountants

Adeilad St David's Building

Stryd Lombard Street

Porthmadog

Gwynedd

LL49 9AP

FIXED ASSETS

Tangible assets

3

711

888

CURRENT ASSETS

Debtors

4

1,747

-

Cash at bank

848

4,455

2,595

4,455

CREDITORS

Amounts falling due within one year

5

226

2,015

NET CURRENT ASSETS

2,369

2,440

TOTAL ASSETS LESS CURRENT LIABILITIES

3,080

3,328

PROVISIONS FOR LIABILITIES

135

178

NET ASSETS

2,945

3,150

CAPITAL AND RESERVES

Called up share capital

4,503

4,500

Retained earnings

(1,558

)

(1,350

)

SHAREHOLDERS' FUNDS

2,945

3,150

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 22nd January 2018 and were signed on its behalf by:

Mr M Parry - Director

1.	STATUTORY INFORMATION

Recordiau Lliwgar Cyf. is a private company, limited by shares , registered in 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

20% - reducing balance.

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.

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st May 2016

and 30th April 2017

1,735

DEPRECIATION

At 1st May 2016

847

Charge for year

177

At 30th April 2017

1,024

NET BOOK VALUE

At 30th April 2017

711

At 30th April 2016

888

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.17

30.4.16

£

£

Other debtors

1,747

-

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.17

30.4.16

£

£

Other creditors

226

2,015

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30th April 2017 and

30th April 2016:

30.4.17

30.4.16

£

£

Mr M Parry

Balance outstanding at start of year

-

-

Amounts advanced

582

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

582

-

Mr O Edwards

Balance outstanding at start of year

-

-

Amounts advanced

582

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

582

-

Mr G Pritchard

Balance outstanding at start of year

-

-

Amounts advanced

582

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

582

-

7.	RELATED PARTY DISCLOSURES

No dividends were allocated to the directors during the year.

8.	ULTIMATE CONTROLLING PARTY

The company is controlled by the shareholders.