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REGISTERED NUMBER: 01086357 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

Gladbrook Limited

Gladbrook Limited (Registered number: 01086357)






Contents of the Financial Statements
for the year ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Gladbrook Limited

Company Information
for the year ended 31 July 2023







DIRECTORS: S Popat
Mrs F Popat
Ms S Popat
Mrs S Arnould





SECRETARY: Mrs F Popat





REGISTERED OFFICE: 10-11 Heathfield Terrace
London
W4 4JE





REGISTERED NUMBER: 01086357 (England and Wales)





ACCOUNTANTS: WILSHERS DEJ
10-11 Heathfield Terrace
London
W4 4JE

Gladbrook Limited (Registered number: 01086357)

Balance Sheet
31 July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,740 12,566
Investments 5 421,013 443,070
Investment property 6 728,644 733,145
1,165,397 1,188,781

CURRENT ASSETS
Debtors 7 12,924 67,639
Cash at bank 139,989 125,230
152,913 192,869
CREDITORS
Amounts falling due within one year 8 133,302 109,175
NET CURRENT ASSETS 19,611 83,694
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,185,008

1,272,475

CREDITORS
Amounts falling due after more than one
year

9

(203,095

)

(218,379

)

PROVISIONS FOR LIABILITIES (69,559 ) (69,559 )
NET ASSETS 912,354 984,537

CAPITAL AND RESERVES
Called up share capital 130 130
Capital redemption reserve 11,052 11,052
Fair value reserve 335,250 335,250
Retained earnings 565,922 638,105
SHAREHOLDERS' FUNDS 912,354 984,537

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 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.

Gladbrook Limited (Registered number: 01086357)

Balance Sheet - continued
31 July 2023


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 17 November 2023 and were signed on its behalf by:





S Popat - Director


Gladbrook Limited (Registered number: 01086357)

Notes to the Financial Statements
for the year ended 31 July 2023

1. STATUTORY INFORMATION

Gladbrook 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 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance

Investment property
In accordance with Financial Reporting Standards for Smaller Entities, investment properties are not depreciated in order to provide a true and fair view however, this is not in compliance with the Companies Act.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Gladbrook Limited (Registered number: 01086357)

Notes to the Financial Statements - continued
for the year ended 31 July 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 August 2022 29,495
Additions 5,952
At 31 July 2023 35,447
DEPRECIATION
At 1 August 2022 16,929
Charge for year 2,778
At 31 July 2023 19,707
NET BOOK VALUE
At 31 July 2023 15,740
At 31 July 2022 12,566

5. FIXED ASSET INVESTMENTS

2023 2022
£    £   
Other investments not loans 421,013 443,070

Additional information is as follows:
Other
investments
£   
COST OR VALUATION
At 1 August 2022 362,448
Disposals (19,260 )
Revaluations 16,449
At 31 July 2023 359,637
NET BOOK VALUE
At 31 July 2023 359,637
At 31 July 2022 362,448

Gladbrook Limited (Registered number: 01086357)

Notes to the Financial Statements - continued
for the year ended 31 July 2023

5. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 July 2023 is represented by:

Other
investments
£   
Valuation in 2020 276,132
Valuation in 2021 32,525
Valuation in 2022 53,791
Valuation in 2023 (2,811 )
359,637

Investments (neither listed nor unlisted) were as follows:
2023 2022
£    £   
Land investment 61,376 80,622

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2022 733,145
Disposals (4,501 )
At 31 July 2023 728,644
NET BOOK VALUE
At 31 July 2023 728,644
At 31 July 2022 733,145

Fair value at 31 July 2023 is represented by:
£   
Valuation in 2020 1,051,056
Valuation in 2021 76,873
Valuation in 2022 (394,784 )
Valuation in 2023 (4,501 )
728,644

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 12,924 67,639

Gladbrook Limited (Registered number: 01086357)

Notes to the Financial Statements - continued
for the year ended 31 July 2023

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 918
Taxation and social security 2,396 -
Other creditors 130,906 108,257
133,302 109,175

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors 203,095 218,379

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 203,095 218,379

10. CONTROLLING PARTY

No one individual controls the company.