IRIS Accounts Production v24.2.0.383 04515438 director 1.1.23 31.12.23 31.12.23 the management of the residential property known as Glen Court, Glendale Road, Tollesby, Middlesborough. 0 0 false true false false true false 0 0 Ordinary Shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh045154382022-12-31045154382023-12-31045154382023-01-012023-12-31045154382021-12-31045154382022-01-012022-12-31045154382022-12-3104515438ns15:EnglandWales2023-01-012023-12-3104515438ns14:PoundSterling2023-01-012023-12-3104515438ns10:Director12023-01-012023-12-3104515438ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3104515438ns10:SmallEntities2023-01-012023-12-3104515438ns10:AuditExemptWithAccountantsReport2023-01-012023-12-3104515438ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3104515438ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3104515438ns10:FullAccounts2023-01-012023-12-3104515438ns10:OrdinaryShareClass12023-01-012023-12-3104515438ns10:CompanySecretary12023-01-012023-12-3104515438ns10:RegisteredOffice2023-01-012023-12-3104515438ns5:CurrentFinancialInstruments2023-12-3104515438ns5:CurrentFinancialInstruments2022-12-3104515438ns5:ShareCapital2023-12-3104515438ns5:ShareCapital2022-12-3104515438ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3104515438ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3104515438ns10:OrdinaryShareClass12023-12-3104515438ns5:RetainedEarningsAccumulatedLosses2023-01-012023-12-3104515438ns5:RetainedEarningsAccumulatedLosses2023-12-31
REGISTERED NUMBER: 04515438 (England and Wales)















REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023

FOR

GLEN COURT FLATS LTD

GLEN COURT FLATS LTD (REGISTERED NUMBER: 04515438)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st December 2023




Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


GLEN COURT FLATS LTD

COMPANY INFORMATION
for the Year Ended 31st December 2023







DIRECTOR: P W Bigge





SECRETARY: P W Bigge





REGISTERED OFFICE: Ossington Chambers
6-8 Castle Gate
Newark
Nottinghamshire
NG24 1AX





REGISTERED NUMBER: 04515438 (England and Wales)





ACCOUNTANTS: Stephenson Nuttall & Co
Chartered Accountants
Ossington Chambers
6-8 Castle Gate
Newark
Nottinghamshire
NG24 1AX

GLEN COURT FLATS LTD (REGISTERED NUMBER: 04515438)

REPORT OF THE DIRECTOR
for the Year Ended 31st December 2023

The director presents his report with the financial statements of the company for the year ended 31st December 2023.

DIRECTOR
P W Bigge held office during the whole of the period from 1st January 2023 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





P W Bigge - Director


27th August 2024

GLEN COURT FLATS LTD (REGISTERED NUMBER: 04515438)

INCOME STATEMENT
for the Year Ended 31st December 2023

31/12/23 31/12/22
Notes £    £   

INCOME 12,725 11,278

Service Charge Expenditure 11,523 11,230
OPERATING PROFIT 1,202 48

Interest receivable and similar income 47 2
PROFIT BEFORE TAXATION 1,249 50

Tax on profit 4 - -
PROFIT FOR THE FINANCIAL YEAR 1,249 50

GLEN COURT FLATS LTD (REGISTERED NUMBER: 04515438)

BALANCE SHEET
31st December 2023

31/12/23 31/12/22
Notes £    £   
CURRENT ASSETS
Debtors 5 11,022 6,649

CREDITORS
Amounts falling due within one year 6 11,014 6,641
NET CURRENT ASSETS 8 8
TOTAL ASSETS LESS CURRENT
LIABILITIES

8

8

CAPITAL AND RESERVES
Called up share capital 7 8 8
SHAREHOLDERS' FUNDS 8 8

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

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

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.

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

The financial statements were approved by the director and authorised for issue on 27th August 2024 and were signed by:





P W Bigge - Director


GLEN COURT FLATS LTD (REGISTERED NUMBER: 04515438)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st December 2023

1. STATUTORY INFORMATION

Glen Court Flats Ltd 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.

Income
During the year the company recived from lessees, as agent, monies relating to service charges and associated income, which are held on trust and do not constitute turnover.

Presentation of the income statement
The presentation of the Income Statement on page 3 has been modified from the prescribed format for Company accounts in order to provide more information to lessees and other parties who may be interested in the expenditure incurred in the management of the property.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

31/12/23 31/12/22
£    £   
Directors' remuneration - -

4. TAXATION

Analysis of the tax charge
No liability to UK corporation tax arose for the year ended 31st December 2023 nor for the year ended 31st December 2022.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Trade debtors 1,679 475
Other debtors 9,343 6,174
11,022 6,649

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Trade creditors 4,810 1,404
Other creditors 6,204 5,237
11,014 6,641

GLEN COURT FLATS LTD (REGISTERED NUMBER: 04515438)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st December 2023

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/12/23 31/12/22
value: £    £   
8 Ordinary Shares £1 8 8

8. RESERVES
Retained
earnings
£   

Profit for the year 1,249
Transfer to service charge
account (1,249 )
At 31st December 2023 -

9. RELATED PARTY DISCLOSURES

The company is a mutual trading company and as such received income in the form of service charge from residents, some of who are directors of the company. Service charges payable by the directors are on the same basis as for all the other residents.