Company registration number 06353565 (England and Wales)
MERTHYR (FFOS-Y-FRAN) LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
PAGES FOR FILING WITH REGISTRAR
MERTHYR (FFOS-Y-FRAN) LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
MERTHYR (FFOS-Y-FRAN) LIMITED
BALANCE SHEET
AS AT 31 DECEMBER 2021
31 December 2021
- 1 -
2021
2020
Notes
£
£
£
£
Fixed assets
Investments
3
30
30
Current assets
Debtors
4
100
100
Creditors: amounts falling due within one year
5
(30)
(30)
Net current assets
70
70
Net assets
100
100
Capital and reserves
-
-
Called up share capital
100
100
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial year ended 31 December 2021 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
T
he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 16 September 2022
Mr D S Lewis
Director
Company Registration No. 06353565
MERTHYR (FFOS-Y-FRAN) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
- 2 -
1
Accounting policies
Company information
Merthyr (Ffos-Y-Fran) Limited is a
private
company
limited by shares
incorporated in
England and Wales
.
The registered office is
Cwmbargoed Disposal Point, Fochriw Road, Cwmbargoed, Merthyr Tydfil, CF48 4AE.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Profit and loss account
The company has not traded during the year or the preceding financial period. During
this time,
the company received no income and incurred no expenditure and therefore no
Profit and loss account
is presented
in these financial statements.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2021
2020
Number
Number
Total
3
Fixed asset investments
2021
2020
£
£
Investments
30
30
MERTHYR (FFOS-Y-FRAN) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
3
Fixed asset investments
(Continued)
- 3 -
Movements in fixed asset investments
Investments other than loans
£
Cost or valuation
At 1 January 2021 & 31 December 2021
30
Carrying amount
At 31 December 2021
30
At 31 December 2020
30
4
Debtors
2021
2020
Amounts falling due within one year:
£
£
Other debtors
100
100
5
Creditors: amounts falling due within one year
2021
2020
£
£
Amounts owed to group undertakings
30
30
6
Parent company and ultimate controlling party
The company is a wholly owned subsidiary of
Merthyr
Holdings Limited, a company incorporated in Great Britain and registered in England and Wales.
Gwent Holdings
Limited is the parent of the the smallest group of which the company is a member for which consolidated accounts are prepared.
The ultimate controlling party is Mrs J H Lewis by virtue of her shareholding in Gwent Holdings Limited.