REGISTERED NUMBER: |
GHYLL FOLD RENTALS LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 23RD NOVEMBER 2022 TO 31ST MARCH 2024 |
REGISTERED NUMBER: |
GHYLL FOLD RENTALS LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 23RD NOVEMBER 2022 TO 31ST MARCH 2024 |
GHYLL FOLD RENTALS LIMITED (REGISTERED NUMBER: 14501913) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 23RD NOVEMBER 2022 TO 31ST MARCH 2024 |
Page |
Balance Sheet | 1 |
Notes to the Financial Statements | 2 | to | 3 |
GHYLL FOLD RENTALS LIMITED (REGISTERED NUMBER: 14501913) |
BALANCE SHEET |
31ST MARCH 2024 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investment property | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
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. |
The financial statements were approved by the director and authorised for issue on |
GHYLL FOLD RENTALS LIMITED (REGISTERED NUMBER: 14501913) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 23RD NOVEMBER 2022 TO 31ST MARCH 2024 |
1. | STATUTORY INFORMATION |
Ghyll Fold Rentals Limited is a |
Registered number: |
Registered office: |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £. |
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 for rental income. |
Tangible fixed assets |
Plant and machinery etc | - |
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. |
Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows: |
Fixtures and Fittings - 20% on cost |
Computer equipment - 33% on cost |
Motor vehicles - 25% on cost |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
Debtors and creditors receivable / payable within one year |
Debtors and creditors with no stated interest 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. |
Investment property |
Investment properties are measured at fair value at each reporting date with changes in fair value recognised in profit or loss. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
GHYLL FOLD RENTALS LIMITED (REGISTERED NUMBER: 14501913) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 23RD NOVEMBER 2022 TO 31ST MARCH 2024 |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
Additions |
At 31st March 2024 |
DEPRECIATION |
Charge for period |
At 31st March 2024 |
NET BOOK VALUE |
At 31st March 2024 |
5. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
Additions |
At 31st March 2024 |
NET BOOK VALUE |
At 31st March 2024 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Amounts owed to group undertakings |
Taxation and social security |
Other creditors |
8. | ULTIMATE PARENT COMPANY |
The immediate parent company is Ghyll Fold Limited, a company incorporated in England and Wales |