GLEN POINT SERVICES LTD

Company Registration Number:
09755141 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2021

Period of accounts

Start date: 01 January 2021

End date: 31 December 2021

GLEN POINT SERVICES LTD

Contents of the Financial Statements

for the Period Ended 31 December 2021

Balance sheet
Notes

GLEN POINT SERVICES LTD

Balance sheet

As at 31 December 2021


Notes

2021

2020


£

£
Fixed assets
Investments: 3 0 193,158
Total fixed assets: 0 193,158
Current assets
Debtors:   151,020 92,270
Cash at bank and in hand: 208 231
Investments:   193,158 0
Total current assets: 344,386 92,501
Creditors: amounts falling due within one year:   (80,600) (95,474)
Net current assets (liabilities): 263,786 (2,973)
Total assets less current liabilities: 263,786 190,185
Total net assets (liabilities): 263,786 190,185
Capital and reserves
Called up share capital: 1,000 1,000
Share premium account: 194,100 194,100
Profit and loss account: 68,686 (4,915)
Shareholders funds: 263,786 190,185

The notes form part of these financial statements

GLEN POINT SERVICES LTD

Balance sheet statements

For the year ending 31 December 2021 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 13 September 2022
and signed on behalf of the board by:

Name: A S Jacobson
Status: Director

The notes form part of these financial statements

GLEN POINT SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

1. Accounting policies

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

GLEN POINT SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

2. Employees

2021 2020
Average number of employees during the period 1 1

GLEN POINT SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

3. Fixed investments

This investment represents a 95% controlling interest in Glen Point Capital Advisors LP. The company has no investment in Glen Point Capital Advisors LLC but has a 100% controlling interest.

GLEN POINT SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

4. Post balance sheet events

The company ceased trading on 28 February 2022 and expects to go into solvent liquidation during 2022 or 2023. The accounts have consequently been prepared on a basis other than going concern.