Glaramara Limited - Accounts to registrar (filleted) - small 18.2

Glaramara Limited - Accounts to registrar (filleted) - small 18.2

GLARAMARA LIMITED - Company Information

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REGISTERED NUMBER: 09774267 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 September 2019

for

Glaramara Limited
Glaramara Limited (Registered number: 09774267)






Contents of the Financial Statements
for the Year Ended 30 September 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Glaramara Limited

Company Information
for the Year Ended 30 September 2019







DIRECTORS: M N Brown
N Brown





REGISTERED OFFICE: 71-75 Shelton Street
Covent Garden
London
WC2H 9JQ





REGISTERED NUMBER: 09774267 (England and Wales)





ACCOUNTANTS: SBP
Accountants
42 Queens Road
Aberdeen
AB15 4YE
Page 1
Glaramara Limited (Registered number: 09774267)

Balance Sheet
30 September 2019

30.9.19 30.9.18
Notes £    £   
CURRENT ASSETS
Debtors 4 1,903 35,235
Cash at bank 39,443 4,233
41,346 39,468
CREDITORS
Amounts falling due within one year 5 41,235 38,581
NET CURRENT ASSETS 111 887
TOTAL ASSETS LESS CURRENT
LIABILITIES
111
887

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 109 885
111 887

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2019 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 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 on 17 February 2020 and were signed on its behalf
by:





M N Brown - Director


The notes form part of these financial statements

Page 2
Glaramara Limited (Registered number: 09774267)

Notes to the Financial Statements
for the Year Ended 30 September 2019

1. STATUTORY INFORMATION

Glaramara Limited is a private company, limited by shares , 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.

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. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.19 30.9.18
£    £   
Trade debtors - 4,646
Other debtors 1,903 30,589
1,903 35,235

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.19 30.9.18
£    £   
Taxation and social security 39,795 37,141
Other creditors 1,440 1,440
41,235 38,581

Page 3 continued...
Glaramara Limited (Registered number: 09774267)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2019

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2019 and
30 September 2018:

30.9.19 30.9.18
£    £   
M N Brown
Balance outstanding at start of year 15,294 7,550
Amounts advanced 700 15,474
Amounts repaid (15,043 ) (7,730 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 951 15,294

N Brown
Balance outstanding at start of year 15,294 7,550
Amounts advanced 700 15,474
Amounts repaid (15,043 ) (7,730 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 951 15,294

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £126,600 (2018 - £111,000) were paid to the directors .

8. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors, who between them own 100% of the issued share capital.

Page 4