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REGISTERED NUMBER: SC277044 (Scotland)















Glenco Investments Limited

Financial Statements

for the Year Ended 31 December 2022






Glenco Investments Limited (Registered number: SC277044)

Contents of the Financial Statements
for the year ended 31 December 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Glenco Investments Limited

Company Information
for the year ended 31 December 2022







Directors: Jens Torpe
Lawson Cameron Muncaster





Registered office: 13 Queen's Road
Aberdeen
Aberdeenshire
AB15 4YL





Registered number: SC277044 (Scotland)






Glenco Investments Limited (Registered number: SC277044)

Balance Sheet
31 December 2022

2022 2021
Notes £ £
Current assets
Debtors 4 2 2
Total assets less current liabilities 2 2

Capital and reserves
Called up share capital 2 2
2 2

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 December 2022 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 applicable to companies subject to the small companies regime.

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 and authorised for issue on 10 November 2023 and were signed on its behalf by:





Jens Torpe - Director


Glenco Investments Limited (Registered number: SC277044)

Notes to the Financial Statements
for the year ended 31 December 2022


1. Statutory information

Glenco Investments Limited is a private company, limited by shares, registered in Scotland. The Company's registered number and registered office 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 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.

Amounts are rounded to the nearest £.

Going concern
These financial statements have been prepared on a going concern basis.

The current economic conditions present increased risks for all businesses. In response to such conditions, the directors have carefully considered these risks including an assessment on uncertainty on future trading projection for a period of at least 12 months from the date of signing th financial statements and the extent to which they might be affect the preparation of the financial statements on a going concern basis.

Based on assessment, the directors consider that the Company maintains an appropriate level of liquidity, sufficient to met the demands of the business including any capital and servicing obligations and external debt liabilities.

In addition, he Company's assets are assessed for recoverability on a regular basis and the directors consider that the Company is not exposed to losses on these assets which would affect their decision to adopt the going concern basis.

The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future and that there are no material uncertainties that lead to significant doubts upon the Company's ability to adopt the going concern basis of accounting in preparing these financial statements.

3. Employees and directors

The average number of employees during the year was NIL (2021 - NIL).

4. Debtors: amounts falling due within one year
2022 2021
£ £
Called up share capital not paid 2 2

5. Ultimate controlling party

There is no ultimate controlling party.