DENNY GLASGOW LTD

Company Registration Number:
SC537684 (Scotland)

Unaudited abridged accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

DENNY GLASGOW LTD

Contents of the Financial Statements

for the Period Ended 30 June 2023

Balance sheet
Notes

DENNY GLASGOW LTD

Balance sheet

As at 30 June 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 414,675 243,180
Total fixed assets: 414,675 243,180
Current assets
Debtors:   47,077 38,037
Cash at bank and in hand: 143,034 88,301
Total current assets: 190,111 126,338
Creditors: amounts falling due within one year:   (203,073) (83,154)
Net current assets (liabilities): (12,962) 43,184
Total assets less current liabilities: 401,713 286,364
Creditors: amounts falling due after more than one year:   (368,664) (255,497)
Total net assets (liabilities): 33,049 30,867
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 32,949 30,767
Shareholders funds: 33,049 30,867

The notes form part of these financial statements

DENNY GLASGOW LTD

Balance sheet statements

For the year ending 30 June 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 March 2024
and signed on behalf of the board by:

Name: Gheorghe Alexandru FARAGO
Status: Director

The notes form part of these financial statements

DENNY GLASGOW LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

Turnover policy

Basis of preparationThe financial statements have been prepared on the historical cost basis, as modified by the revaluationof certain financial assets and liabilities and investment properties measured at fair value through profitor loss.The financial statements are prepared in sterling, which is the functional currency of the entity.TurnoverTurnover is measured at the fair value of the consideration received or receivable for goods suppliedand services rendered, net of discounts and Value Added Tax.Revenue from the sale of goods is recognised when the significant risks and rewards of ownership havetransferred to the buyer (usually on despatch of the goods); the amount of revenue can be measuredreliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurredor to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value,over the useful economic life of that asset as follows:If there is an indication that there has been a significant change in depreciation rate, useful life orresidual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates

DENNY GLASGOW LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

2. Employees

2023 2022
Average number of employees during the period 26 19

DENNY GLASGOW LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Tangible Assets

Total
Cost £
At 01 July 2022 402,445
Additions 262,520
At 30 June 2023 664,965
Depreciation
At 01 July 2022 159,265
Charge for year 91,025
At 30 June 2023 250,290
Net book value
At 30 June 2023 414,675
At 30 June 2022 243,180