Company Registration No. 06008384 (England and Wales)
Glassy Junction (UK) Limited
Unaudited accounts
for the year ended 31 March 2023
Glassy Junction (UK) Limited
Unaudited accounts
Contents
Glassy Junction (UK) Limited
Company Information
for the year ended 31 March 2023
Company Number
06008384 (England and Wales)
Registered Office
98 Samuelson House
Merrick Road
Southall
Middlesex
UB2 4WS
Glassy Junction (UK) Limited
Statement of financial position
as at 31 March 2023
Investment property
2,069,427
1,569,427
Cash at bank and in hand
60,358
17,455
Creditors: amounts falling due within one year
(2,003,874)
(1,451,902)
Net current liabilities
(1,941,541)
(888,197)
Total assets less current liabilities
127,886
681,230
Creditors: amounts falling due after more than one year
-
(565,287)
Net assets
127,886
115,943
Called up share capital
2
2
Profit and loss account
127,884
115,941
Shareholders' funds
127,886
115,943
For the year ending 31 March 2023 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 2 September 2023 and were signed on its behalf by
Dr A S Khambay
Director
Company Registration No. 06008384
Glassy Junction (UK) Limited
Notes to the Accounts
for the year ended 31 March 2023
Glassy Junction (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 06008384. The registered office is 98 Samuelson House, Merrick Road, Southall, Middlesex, UB2 4WS.
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 accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 April 2022
1,569,427
Net gain from fair value adjustments
500,000
At 31 March 2023
2,069,427
Amounts falling due within one year
Accrued income and prepayments
1,975
-
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
22,023
9,785
Other creditors
-
1,433,471
Loans from directors
1,980,651
846
7
Creditors: amounts falling due after more than one year
2023
2022
Glassy Junction (UK) Limited
Notes to the Accounts
for the year ended 31 March 2023
The ultimate holding company is Sterling Properties London Limited (incorporated in England and Wales)
9
Average number of employees
During the year the average number of employees was 1 (2022: 3).
