Glen Armstrong Associates Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04927270 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2021

for

Glen Armstrong Associates Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G D Armstrong

Mrs J Armstrong

REGISTERED OFFICE:

3 Waterside Gardens

Shrewsbury

Shropshire

SY3 9AG

REGISTERED NUMBER:

04927270 (England and Wales)

ACCOUNTANTS:

Elliot Accountants Limited

3 Waterside Gardens

Shrewsbury

Shropshire

SY3 9AG

BANKERS:

Barclays Bank Plc

44/46 Castle Street

Shrewsbury

Shropshire

SY1 2BU

FIXED ASSETS

Tangible assets

4

361

1,438

Investments

5

1

1

362

1,439

CURRENT ASSETS

Stocks

25,604

630

Debtors

6

42,489

42,489

Prepayments and accrued income

144

161

Cash at bank and in hand

212,622

198,372

280,859

241,652

CREDITORS

Amounts falling due within one year

7

73,481

27,137

NET CURRENT ASSETS

207,378

214,515

TOTAL ASSETS LESS CURRENT LIABILITIES

207,740

215,954

CAPITAL AND RESERVES

Called up share capital

50

50

Retained earnings

207,690

215,904

SHAREHOLDERS' FUNDS

207,740

215,954

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2021 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 and authorised for issue on 12 January 2022 and were signed on its behalf by:

G D Armstrong - Director

1.	STATUTORY INFORMATION

Glen Armstrong Associates 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

50% on cost and 25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2020

4,487

Additions

331

At 30 September 2021

4,818

DEPRECIATION

At 1 October 2020

3,049

Charge for year

1,408

At 30 September 2021

4,457

NET BOOK VALUE

At 30 September 2021

361

At 30 September 2020

1,438

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 October 2020

and 30 September 2021

1

NET BOOK VALUE

At 30 September 2021

1

At 30 September 2020

1

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.21

30.9.20

£

£

Amounts owed by group undertakings

42,489

42,489

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.21

30.9.20

£

£

Trade creditors

2

-

Taxation and social security

9,194

11,814

Other creditors

64,285

15,323

73,481

27,137