GLEN CONSTRUCTION COMPANY LIMITED - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 00992100 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2017

FOR

GLEN CONSTRUCTION COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

6

DIRECTORS:

E M B Curtis

G J Curtis

SECRETARY:

G J Curtis

REGISTERED OFFICE:

Turnpike House

1208/1210 London Road

Leigh on Sea

Essex

SS9 2UA

REGISTERED NUMBER:

00992100 (England and Wales)

ACCOUNTANTS:

Segrave & Partners LLP

Chartered Accountants

Turnpike House

1208/1210 London Road

Leigh on Sea

Essex

SS9 2UA

FIXED ASSETS

Tangible assets

3

824

1,076

CURRENT ASSETS

Stocks

4

133,107

133,107

Debtors

5

95

93

Cash at bank

713

1,370

133,915

134,570

CREDITORS

Amounts falling due within one year

6

133,313

132,880

NET CURRENT ASSETS

602

1,690

TOTAL ASSETS LESS CURRENT LIABILITIES

1,426

2,766

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

1,326

2,666

SHAREHOLDERS' FUNDS

1,426

2,766

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 23 November 2017 and were signed on its behalf by:

E M B Curtis - Director

G J Curtis - Director

1.	STATUTORY INFORMATION

GLEN CONSTRUCTION COMPANY 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Porta - Kabins, etc.

-

20% on reducing balance

Plant & Equipment

-

25% on reducing balance

Office Equipment

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred taxation

Deferred taxation has been calculated but the amount involved is not significant enough to materially affect the

financial statements and therefore no provision has been made.

3.	TANGIBLE FIXED ASSETS

Porta -

Kabins,

Plant &

Office

etc.

Equipment

Equipment

Totals

£

£

£

£

COST

At 1 July 2016

and 30 June 2017

7,298

76,305

2,217

85,820

DEPRECIATION

At 1 July 2016

7,297

75,400

2,047

84,744

Charge for year

-

226

26

252

At 30 June 2017

7,297

75,626

2,073

84,996

NET BOOK VALUE

At 30 June 2017

1

679

144

824

At 30 June 2016

1

905

170

1,076

4.

STOCKS

2017

2016

£

£

Stock & Work in Progress

133,107

133,107

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

VAT

95

93

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other Creditors & Accruals

350

350

Inter Company Accounts

Glen Tyre Services Limited

1,000

1,000

Glen Investments Limited

65,384

64,951

Directors' Current Accounts

66,579

66,579

133,313

132,880

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

100

Ordinary

£1

100

100

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of GLEN CONSTRUCTION COMPANY LIMITED for the year ended 30 June 2017 which

comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of GLEN CONSTRUCTION COMPANY LIMITED, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of GLEN CONSTRUCTION COMPANY LIMITED and state those matters that we have agreed to state to the Board of Directors of GLEN CONSTRUCTION COMPANY LIMITED, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than GLEN CONSTRUCTION COMPANY LIMITED Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that GLEN CONSTRUCTION COMPANY LIMITED has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of GLEN CONSTRUCTION COMPANY LIMITED. You consider that GLEN CONSTRUCTION COMPANY LIMITED is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of GLEN CONSTRUCTION COMPANY LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Segrave & Partners LLP

Chartered Accountants

Turnpike House

1208/1210 London Road

Leigh on Sea

Essex

SS9 2UA

23 November 2017