Glenleague Limited
Unaudited accounts
Contents
Glenleague Limited
Company Information
for the year ended 31 December 2016
Directors
Daniel Blum
Simon Blum
David Blum
Evelyn Blum
Miriam Blum
Company Number
03224206 (England and Wales)
Registered Office
34 SNEATH AVENUE
LONDON
NW11 9AH
Glenleague Limited
Statement of financial position
as at 31 December 2016
Cash at bank and in hand
19,069
6,535
Creditors: amounts falling due within one year
(3,836)
(2,336)
Net current assets
15,233
4,199
Called up share capital
99
99
Profit and loss account
21,661
10,897
Shareholders' funds
21,760
10,996
For the year ending 31 December 2016 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
Approved by the Board on 29 May 2017.
Simon Blum
Director
Company Registration No. 03224206
Glenleague Limited
Notes to the Accounts
for the year ended 31 December 2016
Glenleague Limited is a private company, limited by shares, registered in England and Wales, registration number 03224206. The registered office and principal place of business is 34 SNEATH AVENUE, LONDON, NW11 9AH.
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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.
These financial statements for the year ended 31 December 2016 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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Investments
Other investments
Valuation at 1 January 2016
6,797
Fair value adjustments
2,787
Valuation at 31 December 2016
6,527
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Creditors: amounts falling due within one year
2016
2015
Other creditors
2,336
2,336
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Average number of employees
During the year the average number of employees was 0 (2015: 0).
