Company Registration No. SC261242 (Scotland)
Glenpark Homes Limited
Unaudited accounts
for the year ended 5 April 2020
Glenpark Homes Limited
Unaudited accounts
Contents
Glenpark Homes Limited
Company Information
for the year ended 5 April 2020
Company Number
SC261242 (Scotland)
Registered Office
COCKBURNHILL HOUSE
BALERNO
MIDLOTHIAN
EH14 7JN
Glenpark Homes Limited
Statement of financial position
as at 5 April 2020
Intangible assets
40,000
42,500
Tangible assets
5,312
8,845
Cash at bank and in hand
128,559
63,469
Creditors: amounts falling due within one year
(18,198)
(20,884)
Net current assets
197,322
131,401
Total assets less current liabilities
242,634
182,746
Provisions for liabilities
Deferred tax
(2,544)
(2,705)
Net assets
240,090
180,041
Called up share capital
2
2
Profit and loss account
240,088
180,039
Shareholders' funds
240,090
180,041
For the year ending 5 April 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 August 2020 and were signed on its behalf by
Simon Thomson
Director
Company Registration No. SC261242
Glenpark Homes Limited
Notes to the Accounts
for the year ended 5 April 2020
Glenpark Homes Limited is a private company, limited by shares, registered in Scotland, registration number SC261242. The registered office is COCKBURNHILL HOUSE, BALERNO, MIDLOTHIAN, EH14 7JN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Leasehold improvements - 5% straight line
Fixtures & Fittings - 25% straight line
Leasehold Premium - 5% straight line
4
Intangible fixed assets
Other
Glenpark Homes Limited
Notes to the Accounts
for the year ended 5 April 2020
5
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 6 April 2019
6,640
12,852
19,492
At 5 April 2020
6,640
12,852
19,492
At 6 April 2019
996
9,651
10,647
Charge for the year
332
3,201
3,533
At 5 April 2020
1,328
12,852
14,180
At 5 April 2020
5,312
-
5,312
At 5 April 2019
5,644
3,201
8,845
Work in progress
90,445
90,445
Accrued income and prepayments
(3,484)
(1,629)
8
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
15,098
19,934
Included in other creditors in the accounts to 5 April 2018 was an amount owing to the director of £90,006. This loan was repaid on 1 April 2019.
10
Average number of employees
During the year the average number of employees was 0 (2019: 0).
