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REGISTERED NUMBER: 14180323 (England and Wales)










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: Miss C E Sedgwick



REGISTERED OFFICE: Brookwood
Hag Farm Road
Burley in Wharfedale
LS29 7AB



REGISTERED NUMBER: 14180323 (England and Wales)



ACCOUNTANTS: Thomas Coombs Limited
Chartered Accountants
3365 The Pentagon
Century Way
Thorpe Park
Leeds
West Yorkshire
LS15 8ZB



BANKERS: Virgin Money
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 4 100

CURRENT ASSETS
Stocks 256,591
Debtors 5 1,527,376
Cash at bank 5,395
1,789,362
CREDITORS
Amounts falling due within one year 6 209,621
NET CURRENT ASSETS 1,579,741
TOTAL ASSETS LESS CURRENT LIABILITIES 1,579,841

CAPITAL AND RESERVES
Called up share capital 100
Share premium 1,512,079
Retained earnings 67,662
1,579,841

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 2023 in accordance with Section 476 of the Companies Act 2006.

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.

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 director and authorised for issue on 20th December 2023 and were signed by:





Miss C E Sedgwick - Director


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 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.

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 1 .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 100
At 31st March 2023 100
NET BOOK VALUE
At 31st March 2023 100

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 1,520,000
Other debtors 7,376
1,527,376

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 15,871
Other creditors 193,750
209,621