REGISTERED NUMBER: |
GHYLL FOLD LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 17TH JUNE 2022 TO 31ST MARCH 2023 |
REGISTERED NUMBER: |
GHYLL FOLD LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 17TH JUNE 2022 TO 31ST MARCH 2023 |
GHYLL FOLD LIMITED (REGISTERED NUMBER: 14180323) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 17TH JUNE 2022 TO 31ST MARCH 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 | to | 4 |
GHYLL FOLD LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 17TH JUNE 2022 TO 31ST MARCH 2023 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
3365 The Pentagon |
Century Way |
Thorpe Park |
Leeds |
West Yorkshire |
LS15 8ZB |
BANKERS: |
Symington House |
7 North Avenue |
Clydebank Buisness park |
Clydebank |
G81 2NT |
GHYLL FOLD LIMITED (REGISTERED NUMBER: 14180323) |
BALANCE SHEET |
31ST MARCH 2023 |
Notes | £ | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Stocks |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Share premium |
Retained earnings |
The director acknowledges her 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
GHYLL FOLD LIMITED (REGISTERED NUMBER: 14180323) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 17TH JUNE 2022 TO 31ST MARCH 2023 |
1. | STATUTORY INFORMATION |
Ghyll Fold Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements are presented in sterling which is the functional currency of the LLP and rounded to the nearest £1. |
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
Stocks |
Work in progress is valued at the lower of cost and net realisable value. |
Cost is calculated using the first-in, first-out method and includes al purchase, transport, and handling costs in bringing stocks to their present location and condition. |
Turnover and revenue recognition |
Turnover represents the value the sale of completed properties. Sales and the relate profit/(loss) on completed properties is recognised on the exchange of contracts. |
Debtors and creditors |
Debtors and creditors with no stated inserts rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST |
Additions |
At 31st March 2023 |
NET BOOK VALUE |
At 31st March 2023 |
GHYLL FOLD LIMITED (REGISTERED NUMBER: 14180323) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 17TH JUNE 2022 TO 31ST MARCH 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Amounts owed by group undertakings |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Taxation and social security |
Other creditors |