Glen Property Developments Limited
Glen Property Developments Limited
Registered number: 10120951
Unaudited Financial Statements
For The Year Ended
31 March 2023
PKW Accountancy Limited
Second Floor
1 Church Square
Leighton Buzzard
Bedfordshire
LU7 1AE
Glen Property Developments Limited
Unaudited Financial Statements
For The Year Ended
31 March 2023
Unaudited Financial Statements
Contents | |
Page | |
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Balance Sheet | 1 |
Notes to the Financial Statements | 2 |
Page 1
Glen Property Developments Limited
Balance Sheet
As At
31 March 2023
Balance Sheet
Registered number:
10120951
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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
2023 | 2022 | ||||
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Notes | £ | £ | £ | £ | |
CURRENT ASSETS | |||||
Stocks |
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Debtors | 4 |
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Cash at bank and in hand |
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Creditors: Amounts Falling Due Within One Year | 5 |
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( |
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NET CURRENT ASSETS (LIABILITIES) |
( |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
( |
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NET LIABILITIES |
( |
( |
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CAPITAL AND RESERVES | |||||
Called up share capital | 6 |
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Profit and Loss Account |
( |
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SHAREHOLDERS' FUNDS | (15,637) | (15,483) | |||
The financial statements were approved by the board of directors on 13 December 2023 and were signed on its behalf by:
Director
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The notes on page 2 form part of these financial statements.
Page 1
Page 2
Glen Property Developments Limited
Notes to the Financial Statements
For The Year Ended
31 March 2023
Notes to the Financial Statements
1.
General Information
Glen Property Developments Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
10120951
. The registered office is Dunton Manor House (Next To The Church), Dunton Road, Dunton, Buckinghamshire, MK18 3LW.
2.
Accounting Policies
2.1.
Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3.
Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving items.
3.
Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
4.
Debtors
2023 | 2022 | ||
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£ | £ | ||
Due within one year | |||
Other debtors | 3,885 | 4,621 | |
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5.
Creditors: Amounts Falling Due Within One Year
2023 | 2022 | ||
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£ | £ | ||
Other creditors | 20,445 | 153,588 | |
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6.
Share Capital
2023 | 2022 | ||
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£ | £ | ||
Allotted, Called up and fully paid |
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