REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 20 MAY 2022 TO 31 MAY 2023 |
FOR |
GLASERTON ESTATES LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 20 MAY 2022 TO 31 MAY 2023 |
FOR |
GLASERTON ESTATES LIMITED |
GLASERTON ESTATES LIMITED (REGISTERED NUMBER: 14121028) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 20 MAY 2022 TO 31 MAY 2023 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
GLASERTON ESTATES LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 20 MAY 2022 TO 31 MAY 2023 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
115 Craven Park Road |
South Tottenham |
London |
N15 6BL |
GLASERTON ESTATES LIMITED (REGISTERED NUMBER: 14121028) |
STATEMENT OF FINANCIAL POSITION |
31 MAY 2023 |
Notes | £ |
FIXED ASSETS |
Investment property | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 | ( |
) |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
( |
) |
NET LIABILITIES | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 10 |
Retained earnings | 11 | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
The director acknowledges his 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 |
GLASERTON ESTATES LIMITED (REGISTERED NUMBER: 14121028) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 20 MAY 2022 TO 31 MAY 2023 |
1. | STATUTORY INFORMATION |
Glaserton Estates Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents net rent receivable, excluding value added tax. |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL. |
4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
Additions |
At 31 May 2023 |
NET BOOK VALUE |
At 31 May 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other creditors |
Accrued expenses |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
£ |
Bank loans (see note 8) |
GLASERTON ESTATES LIMITED (REGISTERED NUMBER: 14121028) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 20 MAY 2022 TO 31 MAY 2023 |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued |
£ |
Amounts falling due in more than five years: |
Repayable by instalments |
Bank loans more 5 yr by instal | 562,136 |
8. | LOANS |
An analysis of the maturity of loans is given below: |
£ |
Amounts falling due in more than five years: |
Repayable by instalments |
Bank loans more 5 yr by instal | 562,136 |
9. | SECURED DEBTS |
The following secured debts are included within creditors: |
£ |
Bank loans |
Long term bank loan is secured by first charge over the company's investment property and bear interest at variable rates. |
10. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary | £1 | 1 |
11. | RESERVES |
Retained |
earnings |
£ |
Deficit for the period | ( |
) |
At 31 May 2023 | ( |
) |
12. | ULTIMATE CONTROLLING PARTY |
The ultimate controlling party is |