Caseware UK (AP4) 2023.0.135 2023.0.135 2023-04-302023-04-30true2022-05-01false4No description of principal activity4true 12507732 2022-05-01 2023-04-30 12507732 2021-05-01 2022-04-30 12507732 2023-04-30 12507732 2022-04-30 12507732 c:Director1 2022-05-01 2023-04-30 12507732 d:CurrentFinancialInstruments 2023-04-30 12507732 d:CurrentFinancialInstruments 2022-04-30 12507732 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 12507732 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 12507732 d:ShareCapital 2023-04-30 12507732 d:ShareCapital 2022-04-30 12507732 d:RetainedEarningsAccumulatedLosses 2023-04-30 12507732 d:RetainedEarningsAccumulatedLosses 2022-04-30 12507732 c:FRS102 2022-05-01 2023-04-30 12507732 c:Audited 2022-05-01 2023-04-30 12507732 c:FullAccounts 2022-05-01 2023-04-30 12507732 c:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 12507732 c:SmallCompaniesRegimeForAccounts 2022-05-01 2023-04-30 iso4217:GBP xbrli:pure

Registered number: 12507732









GLENTHORNE LIMITED









FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2023

 
GLENTHORNE LIMITED
REGISTERED NUMBER: 12507732

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2023

2023
2022
Note
£
£

  

Current assets
  

Stocks
 4 
1,509,599
1,475,530

Debtors: amounts falling due within one year
 5 
900
25,488

Cash at bank and in hand
 6 
33,507
41,120

  
1,544,006
1,542,138

Creditors: amounts falling due within one year
 7 
(1,588,950)
(1,562,197)

Net current liabilities
  
 
 
(44,944)
 
 
(20,059)

Total assets less current liabilities
  
(44,944)
(20,059)

  

Net liabilities
  
(44,944)
(20,059)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(44,945)
(20,060)

  
(44,944)
(20,059)


The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf  2 April 2024.




B Aaron
Director

The notes on pages 2 to 4 form part of these financial statements.
Page 1

 
GLENTHORNE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1.


General information

Glenthorne Limited is a private company limited by shares and incorporated in England and Wales (reg no: 12507732). The registered office is 25a Berkeley Square, London, England, W1J 6HN.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase of the property as per completion statement. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2022 - 4).

Page 2

 
GLENTHORNE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

4.


Stocks

2023
2022
£
£

Finished goods and goods for resale
1,509,599
1,475,530

1,509,599
1,475,530



5.


Debtors

2023
2022
£
£


Other debtors
900
25,488

900
25,488



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
33,507
41,120

33,507
41,120



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
1,580,790
1,556,037

Other creditors
4,160
4,160

Accruals and deferred income
4,000
2,000

1,588,950
1,562,197



8.


Controlling party

The company is controlled by David Aaron Limited, a company registered in England and Wales whose registered office is 25a Berkeley Square, London, W1J 6HN.
Page 3

 
GLENTHORNE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

9.


Auditors' information

The auditors' report on the financial statements for the year ended 30 April 2023 was unqualified.

The audit report was signed on 2 April 2024 by Nicholas Newman (Senior Statutory Auditor) on behalf of Harris & Trotter LLP.

 
Page 4