Glyne Hall Freehold Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05688177 (England and Wales)

GLYNE HALL FREEHOLD LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2020

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

DIRECTORS:

G D Noyce

Miss S E Bishop

REGISTERED OFFICE:

Southdown Estates Limited

Friston House, Dittons Business Park

Dittons Road

Polegate

BN26 6HY

REGISTERED NUMBER:

05688177 (England and Wales)

ACCOUNTANTS:

Gibbons Mannington & Phipps LLP

Chartered Accountants

20 Eversley Road

Bexhill-on-Sea

East Sussex

TN40 1HE

FIXED ASSETS

Tangible assets

4

147,134

147,134

CURRENT ASSETS

Cash at bank

2,730

3,413

CREDITORS

Amounts falling due within one year

5

696

672

NET CURRENT ASSETS

2,034

2,741

TOTAL ASSETS LESS CURRENT LIABILITIES

149,168

149,875

CREDITORS

Amounts falling due after more than one year

6

148,876

148,876

NET ASSETS

292

999

CAPITAL AND RESERVES

Called up share capital

26

26

Retained earnings

266

973

SHAREHOLDERS' FUNDS

292

999

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2020 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 23rd August 2021 and were signed on its behalf by:

Miss S E Bishop - Director

G D Noyce - Director

1.	STATUTORY INFORMATION

Glyne Hall Freehold 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Tangible fixed assets

No depreciation has been provided on the freehold reversionary interest in the land on which Glyne Hall stands.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - NIL).

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1st January 2020

and 31st December 2020

147,134

NET BOOK VALUE

At 31st December 2020

147,134

At 31st December 2019

147,134

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Other creditors

696

672

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2020

2019

£

£

Loans from members

148,876

148,876

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Loans from members

148,876

148,876

The loans from members are only repayable when the company is wound up.