GLENFERN TRADING LIMITED

GLENFERN TRADING LIMITED

GLENFERN TRADING LIMITED - Company Information

Print Friendly Version

GLENFERN TRADING LIMITED

Company Registration Number:
06312950 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2022

Period of accounts

Start date: 01 November 2021

End date: 31 October 2022

GLENFERN TRADING LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2022

Balance sheet
Notes

GLENFERN TRADING LIMITED

Balance sheet

As at 31 October 2022


Notes
2022
2021


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 787,763 816,870
Investments: 4 210,000 210,000
Total fixed assets: 997,763 1,026,870
Current assets
Stocks: 940,590 863,693
Debtors:   113,909 78,550
Cash at bank and in hand: 1,044,778 909,535
Investments:   0 0
Total current assets: 2,099,277 1,851,778
Creditors: amounts falling due within one year:   (1,805,438) (1,653,893)
Net current assets (liabilities): 293,839 197,885
Total assets less current liabilities: 1,291,602 1,224,755
Total net assets (liabilities): 1,291,602 1,224,755
Capital and reserves
Called up share capital: 1,300,000 1,300,000
Profit and loss account: (8,398) (75,245)
Shareholders funds: 1,291,602 1,224,755

The notes form part of these financial statements

GLENFERN TRADING LIMITED

Balance sheet statements

For the year ending 31 October 2022 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 July 2023
and signed on behalf of the board by:

Name: J E Thomas
Status: Director

The notes form part of these financial statements

GLENFERN TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GLENFERN TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

2. Employees

2022 2021
Average number of employees during the period 2 2

GLENFERN TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

3. Tangible Assets

Total
Cost £
At 01 November 2021 1,137,169
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 October 2022 1,137,169
Depreciation
At 01 November 2021 320,299
Charge for year 29,107
On disposals 0
Other adjustments 0
At 31 October 2022 349,406
Net book value
At 31 October 2022 787,763
At 31 October 2021 816,870

GLENFERN TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

4. Fixed investments

Investment propertiesAt 1 November 2022 £210,000There has been no valuation of investment property by an independent valuer.