IRIS Accounts Production v23.3.0.418 08130809 director 1.7.22 30.6.23 30.6.23 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh081308092022-06-30081308092023-06-30081308092022-07-012023-06-30081308092021-06-30081308092021-07-012022-06-30081308092022-06-3008130809ns10:Originalns15:EnglandWales2022-07-012023-06-3008130809ns14:PoundSterlingns10:Original2022-07-012023-06-3008130809ns10:Originalns10:Director12022-07-012023-06-3008130809ns10:Original2022-07-012023-06-3008130809ns10:Original2023-06-3008130809ns10:Originalns10:PrivateLimitedCompanyLtd2022-07-012023-06-3008130809ns10:Originalns10:SmallEntities2022-07-012023-06-3008130809ns10:Originalns10:AuditExempt-NoAccountantsReport2022-07-012023-06-3008130809ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3008130809ns10:SmallCompaniesRegimeForAccountsns10:Original2022-07-012023-06-3008130809ns10:Originalns10:FullAccounts2022-07-012023-06-3008130809ns10:Originalns10:OrdinaryShareClass12022-07-012023-06-3008130809ns10:Originalns10:RegisteredOffice2022-07-012023-06-3008130809ns10:Original2022-06-3008130809ns10:Originalns5:CurrentFinancialInstruments2023-06-3008130809ns10:Originalns5:CurrentFinancialInstruments2022-06-3008130809ns5:ShareCapitalns10:Original2023-06-3008130809ns5:ShareCapitalns10:Original2022-06-3008130809ns10:Originalns5:RevaluationReserve2023-06-3008130809ns10:Originalns5:RevaluationReserve2022-06-3008130809ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-06-3008130809ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-06-3008130809ns10:Originalns5:ComputerEquipment2022-07-012023-06-3008130809ns10:Original2021-07-012022-06-3008130809ns10:Originalns5:ComputerEquipment2022-06-3008130809ns10:Originalns5:ComputerEquipment2023-06-3008130809ns10:Originalns5:ComputerEquipment2022-06-3008130809ns10:Original2022-06-3008130809ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3008130809ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-3008130809ns10:Originalns10:OrdinaryShareClass12023-06-30
REGISTERED NUMBER: 08130809 (England and Wales)


















GLENMAY (SERVICES) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023






GLENMAY (SERVICES) LIMITED (REGISTERED NUMBER: 08130809)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


GLENMAY (SERVICES) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTOR: D Cornwall





REGISTERED OFFICE: Glenmay
Nantgarw Road
Caerphilly
Caerphilly
CF83 1BW





REGISTERED NUMBER: 08130809 (England and Wales)





ACCOUNTANTS: MHA (trading name of MacIntyre Hudson LLP)
Limited liability partnership in England & Wales
Registered number OC312313
Elfed House
Oak Tree Court
Cardiff Gate Business Park
CARDIFF
County of Cardiff
CF23 8RS

GLENMAY (SERVICES) LIMITED (REGISTERED NUMBER: 08130809)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,897 1,731
Investment property 5 270,000 270,000
271,897 271,731

CURRENT ASSETS
Debtors 6 15,103 23,273
Cash at bank 261,668 217,844
276,771 241,117
CREDITORS
Amounts falling due within one year 7 (45,369 ) (31,061 )
NET CURRENT ASSETS 231,402 210,056
TOTAL ASSETS LESS CURRENT
LIABILITIES

503,299

481,787

PROVISIONS FOR LIABILITIES (4,404 ) (4,372 )
NET ASSETS 498,895 477,415

CAPITAL AND RESERVES
Called up share capital 8 100 100
Non-distributable reserve 37,822 37,822
Retained earnings 460,973 439,493
SHAREHOLDERS' FUNDS 498,895 477,415

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

The financial statements were approved for issue by the director and authorised for issue on 14 October 2023 and were signed by:




D Cornwall - Director


GLENMAY (SERVICES) LIMITED (REGISTERED NUMBER: 08130809)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023


1. STATUTORY INFORMATION

Glenmay (Services) 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.

The company's functional and presentational currency in the financial statements is the Sterling (£), rounded to the nearest pound.

The significant accounting policies applied in the presentation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

There have been no material departures from Financial Reporting Standard 102 1A.

Turnover
Turnover is comprised of amounts billed and billable in respect of electrical consultancy work undertaken during the year, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - Straight line over 3 years

Investment property
Investment properties are included at fair value. Gains are recognised in the profit and loss statement. Deferred taxation is provided on these gains at the rate expected to apply when the asset is sold.

Current tax
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the year and is calculated using the tax rates and laws that have been enacted or substantively enacted at the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Employee benefits
When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

Non-derivative financial instruments
Basic financial instruments are recognised at amortised cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

GLENMAY (SERVICES) LIMITED (REGISTERED NUMBER: 08130809)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 July 2022 2,011
Additions 861
At 30 June 2023 2,872
DEPRECIATION
At 1 July 2022 280
Charge for year 695
At 30 June 2023 975
NET BOOK VALUE
At 30 June 2023 1,897
At 30 June 2022 1,731

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2022
and 30 June 2023 270,000
NET BOOK VALUE
At 30 June 2023 270,000
At 30 June 2022 270,000

Fair value at 30 June 2023 is represented by:
£   
Valuation in 2023 270,000

The investment property was valued on a fair value basis at 30 June 2023 by the director who does not have formal valuation qualifications. In valuing the property the director considered sales prices of comparable properties in a similar area.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 14,520 22,320
Prepayments and accrued income 583 953
15,103 23,273

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Corporation tax 17,825 20,982
VAT 2,423 8,223
Director's current account 22,871 7
Accruals and deferred income 2,250 1,849
45,369 31,061

GLENMAY (SERVICES) LIMITED (REGISTERED NUMBER: 08130809)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100