Glen House Securities Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 00190192 (England and Wales)

Glen House Securities Limited

Unaudited Financial Statements for the Year Ended 30th September 2022

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B R Mellstrom LLB

S C Mellstrom MRICS

SECRETARY:

W Munday

REGISTERED OFFICE:

Glen House

Glen Road

Grayshott

Hindhead

Surrey

GU26 6NF

REGISTERED NUMBER:

00190192 (England and Wales)

ACCOUNTANTS:

Sheen Stickland

Chartered Accountants

2 Oriel Court

Omega Park

Alton

Hampshire

GU34 2YT

CURRENT ASSETS

Debtors

4

277,291

277,291

Cash at bank

1,266

1,366

278,557

278,657

CREDITORS

Amounts falling due within one year

5

(470

)

(470

)

NET CURRENT ASSETS

278,087

278,187

TOTAL ASSETS LESS CURRENT LIABILITIES

278,087

278,187

CAPITAL AND RESERVES

Called up share capital

80,000

80,000

Retained earnings

198,087

198,187

278,087

278,187

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2022 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 13th March 2023 and were signed on its behalf by:

S C Mellstrom MRICS - Director

1.	STATUTORY INFORMATION

Glen House Securities 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.

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 NIL (2021 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Amounts owed by group undertakings

277,291

277,291

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade creditors

3

3

Other creditors

467

467

470

470

6.	RELATED PARTY DISCLOSURES

Glen House Estates Limited, the parent company of Glen House Securities Limited, owed Glen House Securities Limited £277,291 (2021: £277,291) at the balance sheet date. No interest is charged on the loan to Glen House Estates Limited. The loan is repayable on demand.