Gilmerton Glen Ltd 11732126 true 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is dormant Digita Accounts Production Advanced 6.30.9574.0 true Mr Charles Nielson George More Nisbett true 11732126 2023-01-01 2023-12-31 11732126 2023-12-31 11732126 bus:OrdinaryShareClass1 2023-12-31 11732126 core:RetainedEarningsAccumulatedLosses 2023-12-31 11732126 core:ShareCapital 2023-12-31 11732126 core:FinancialAssetsDesignatedFairValueThroughProfitOrLoss core:Non-currentFinancialInstruments 2023-12-31 11732126 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 11732126 bus:FRS102 2023-01-01 2023-12-31 11732126 bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11732126 bus:FullAccounts 2023-01-01 2023-12-31 11732126 bus:RegisteredOffice 2023-01-01 2023-12-31 11732126 bus:CompanySecretaryDirector1 2023-01-01 2023-12-31 11732126 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 11732126 bus:EntityHasNeverTraded 2023-01-01 2023-12-31 11732126 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11732126 countries:EnglandWales 2023-01-01 2023-12-31 11732126 2022-01-01 2022-12-31 11732126 2022-12-31 11732126 bus:OrdinaryShareClass1 2022-12-31 11732126 core:RetainedEarningsAccumulatedLosses 2022-12-31 11732126 core:ShareCapital 2022-12-31 11732126 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 11732126

Gilmerton Glen Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2023

 

Gilmerton Glen Ltd

Profit and Loss Account for the Year Ended 31 December 2023

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Gilmerton Glen Ltd

(Registration number: 11732126)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Fixed assets

 

Other financial assets

3

7,535

7,535

Current assets

 

Cash at bank and in hand

 

10

10

Creditors: Amounts falling due within one year

5

(7,871)

(7,871)

Net current liabilities

 

(7,861)

(7,861)

Net liabilities

 

(326)

(326)

Capital and reserves

 

Called up share capital

6

10

10

Retained earnings

(336)

(336)

Shareholders' deficit

 

(326)

(326)

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 23 August 2024
 

.........................................
Mr Charles Nielson George More Nisbett
Company secretary and director

 

Gilmerton Glen Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
42-46 Station Road
Edgware
Middlesex
HA8 7AB
England

These financial statements were authorised for issue by the director on 23 August 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Gilmerton Glen Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

3

Other financial assets (current and non-current)

Financial assets at fair value through profit and loss
£

Total
£

Non-current financial assets

Cost or valuation

At 1 January 2023

7,535

7,535

At 31 December 2023

7,535

7,535

Impairment

Carrying amount

At 31 December 2023

7,535

7,535

4

Cash and cash equivalents

2023
£

2022
£

Cash on hand

10

10

5

Creditors

2023
£

2022
£

Due within one year

Accruals

336

336

Directors current account

7,535

7,535

7,871

7,871

6

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Share capital of £1 each

10

10

10

10

       

7

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2022 - 0).

 

Gilmerton Glen Ltd

Detailed Profit and Loss Account for the Year Ended 31 December 2023

2023
£

2022
£

Turnover (analysed below)

-

-

Administrative expenses

General administrative expenses (analysed below)

-

(336)

Operating loss

-

(336)

Loss before tax

-

(336)

 

Gilmerton Glen Ltd

Detailed Profit and Loss Account for the Year Ended 31 December 2023

2023
£

2022
£

   

General administrative expenses

Accountancy fees

-

(336)