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Registration number: 07841842

Llwynifan Farm Caravan Site Ltd
Annual Report and Unaudited Financial Statements
for the Year Ended 31 October 2025

Llwynifan Farm Caravan Site Ltd

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Financial Statements | 4 to 9

Llwynifan Farm Caravan Site Ltd

Company Information

Directors | Mr H J Davies Mrs C A Jones

Registered office | Llwynifan Farm Trosserch Road Llangennech Llanelli SA14 8AX

Llwynifan Farm Caravan Site Ltd

(Registration number: 07841842)
Balance Sheet as at 31 October 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 5 | 112,840 | 107,900
Investment property | 6 | 163,410 | 163,410
|  | 276,250 | 271,310
Current assets |  |  |
Stocks | 7 | 300 | 325
Debtors | 8 | 1,007 | 1,103
Cash at bank and in hand |  | 11,691 | 13,679
|  | 12,998 | 15,107
Creditors: Amounts falling due within one year | 9 | (49,050) | (46,041)
Net current liabilities |  | (36,052) | (30,934)
Total assets less current liabilities |  | 240,198 | 240,376
Creditors: Amounts falling due after more than one year | 9 | (111,038) | (117,371)
Net assets |  | 129,160 | 123,005
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Profit and loss account |  | 129,060 | 122,905
Total equity |  | 129,160 | 123,005

For the financial year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Llwynifan Farm Caravan Site Ltd

(Registration number: 07841842)
Balance Sheet as at 31 October 2025

Approved and authorised by the Board on 4 June 2026 and signed on its behalf by:

......................................... Mr H J Davies Director | ......................................... Mrs C A Jones Director |

Llwynifan Farm Caravan Site Ltd

Notes to the Financial Statements for the Year Ended 31 October 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Llwynifan Farm
Trosserch Road
Llangennech
Llanelli
SA14 8AX

These financial statements were authorised for issue by the Board on 4 June 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Llwynifan Farm Caravan Site Ltd

Notes to the Financial Statements for the Year Ended 31 October 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and machinery | 25% Reducing Balance
Office equipment | 33.33% Reducing Balance

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Llwynifan Farm Caravan Site Ltd

Notes to the Financial Statements for the Year Ended 31 October 2025

Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4 | Profit before tax

Arrived at after charging/(crediting)

| 2025 £ | 2024 £
Depreciation expense | 11,011 | 9,758

Llwynifan Farm Caravan Site Ltd

Notes to the Financial Statements for the Year Ended 31 October 2025

5 | Tangible assets

| Land and buildings £ | Plant and machinery £ | Office equipment £ | Total £
Cost or valuation
At 1 November 2024 | 78,537 | 102,310 | 6,603 | 187,450
Additions | - | 15,952 | - | 15,952
At 31 October 2025 | 78,537 | 118,262 | 6,603 | 203,402
Depreciation
At 1 November 2024 | - | 76,720 | 2,830 | 79,550
Charge for the year | - | 9,754 | 1,258 | 11,012
At 31 October 2025 | - | 86,474 | 4,088 | 90,562
Carrying amount
At 31 October 2025 | 78,537 | 31,788 | 2,515 | 112,840
At 31 October 2024 | 78,537 | 25,590 | 3,773 | 107,900

Included within the net book value of land and buildings above is £78,537 (2024 - £78,537) in respect of freehold land and buildings.

6 | Investment properties

| 2025 £
At 1 November | 163,410

There has been no valuation of investment property by an independent valuer.

7 | Stocks

| 2025 £ | 2024 £
Other inventories | 300 | 325

8 | Debtors

| 2025 £ | 2024 £
Prepayments | 457 | 553
Other debtors | 550 | 550
| 1,007 | 1,103

Llwynifan Farm Caravan Site Ltd

Notes to the Financial Statements for the Year Ended 31 October 2025

9 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Bank loans and overdrafts | 11 | 7,717 | 8,341
Trade creditors |  | 449 | 581
Taxation and social security |  | 2,428 | 5,622
Directors' loan accounts | 12 | 8,369 | 6,340
Other creditors |  | 30,087 | 25,157
|  | 49,050 | 46,041

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £7,717 (2024: £8,341).

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 11 | 111,038 | 117,371

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £111,038 (2024: £117,371).

10 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 100 | 100 | 100 | 100

Llwynifan Farm Caravan Site Ltd

Notes to the Financial Statements for the Year Ended 31 October 2025

11 | Loans and borrowings

| 2025 £ | 2024 £
Non-current loans and borrowings
Bank borrowings | 111,038 | 117,371

| 2025 £ | 2024 £
Current loans and borrowings
Bank borrowings | 7,717 | 8,341

12 | Related party transactions

At the balance sheet date, the directors, Mr H J Davies & Mrs C A Jones, were owed £8,369 (2024:£6,340) from the company. The loan is interest free and repayable on demand.