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Company Registration No. 11222176 (England and Wales)
GLYN LONGLEY LIMITED Unaudited accounts for the year ended 28 February 2023
GLYN LONGLEY LIMITED Unaudited accounts Contents
Page
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GLYN LONGLEY LIMITED Company Information for the year ended 28 February 2023
Director
Glyn Longley
Company Number
11222176 (England and Wales)
Registered Office
PARKFIELD WORKS PARKFIELD TERRACE PUDSEY LEEDS LS28 6BP ENGLAND
Accountants
Mayden Group Limited Chartered Certified Accountants 114-116 Manningham Lane Bradford West Yorkshire BD8 7JF
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GLYN LONGLEY LIMITED Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
12,283 
14,450 
Tangible assets
3,989 
4,950 
Investments
34,000 
34,000 
50,272 
53,400 
Current assets
Inventories
270,729 
122,147 
Debtors
27,316 
- 
Cash at bank and in hand
(41,340)
(36,794)
256,705 
85,353 
Creditors: amounts falling due within one year
(103,813)
(116,152)
Net current assets/(liabilities)
152,892 
(30,799)
Total assets less current liabilities
203,164 
22,601 
Creditors: amounts falling due after more than one year
(194,718)
- 
Net assets
8,446 
22,601 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
8,346 
22,501 
Shareholders' funds
8,446 
22,601 
For the year ending 28 February 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 November 2023 and were signed on its behalf by
Glyn Longley Director Company Registration No. 11222176
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GLYN LONGLEY LIMITED Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
GLYN LONGLEY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11222176. The registered office is PARKFIELD WORKS PARKFIELD TERRACE, PUDSEY, LEEDS, LS28 6BP, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10%
Fixtures & fittings
20%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 March 2022
20,000 
At 28 February 2023
20,000 
Amortisation
At 1 March 2022
5,550 
Charge for the year
2,167 
At 28 February 2023
7,717 
Net book value
At 28 February 2023
12,283 
At 28 February 2022
14,450 
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GLYN LONGLEY LIMITED Notes to the Accounts for the year ended 28 February 2023
5
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2022
4,692 
3,553 
8,245 
At 28 February 2023
4,692 
3,553 
8,245 
Depreciation
At 1 March 2022
1,492 
1,803 
3,295 
Charge for the year
541 
420 
961 
At 28 February 2023
2,033 
2,223 
4,256 
Net book value
At 28 February 2023
2,659 
1,330 
3,989 
At 28 February 2022
3,200 
1,750 
4,950 
6
Investments
Other investments 
£ 
Valuation at 1 March 2022
34,000 
Valuation at 28 February 2023
34,000 
7
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
15,597 
- 
Other debtors
11,719 
- 
27,316 
- 
8
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
31,365 
42,014 
VAT
10,331 
11,250 
Trade creditors
52,794 
49,305 
Taxes and social security
9,205 
6,731 
Other creditors
- 
720 
Loans from directors
118 
6,132 
103,813 
116,152 
9
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
194,718 
- 
10
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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