Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-04-01truefalsefalseNo description of principal activity11false 08412443 2023-04-01 2024-03-31 08412443 2022-04-01 2023-03-31 08412443 2024-03-31 08412443 2023-03-31 08412443 c:Director1 2023-04-01 2024-03-31 08412443 d:CurrentFinancialInstruments 2024-03-31 08412443 d:CurrentFinancialInstruments 2023-03-31 08412443 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 08412443 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 08412443 d:ShareCapital 2024-03-31 08412443 d:ShareCapital 2023-03-31 08412443 d:RetainedEarningsAccumulatedLosses 2024-03-31 08412443 d:RetainedEarningsAccumulatedLosses 2023-03-31 08412443 c:OrdinaryShareClass1 2023-04-01 2024-03-31 08412443 c:OrdinaryShareClass1 2024-03-31 08412443 c:OrdinaryShareClass1 2023-03-31 08412443 c:FRS102 2023-04-01 2024-03-31 08412443 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08412443 c:FullAccounts 2023-04-01 2024-03-31 08412443 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08412443 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 08412443









GLENNS FARM TRAINING LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
GLENNS FARM TRAINING LIMITED
REGISTERED NUMBER: 08412443

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
676
18,549

Cash at bank and in hand
 5 
11,124
93,496

  
11,800
112,045

Creditors: amounts falling due within one year
 6 
(11,379)
(78,739)

Net current assets
  
 
 
421
 
 
33,306

Total assets less current liabilities
  
421
33,306

  

Net assets
  
421
33,306


Capital and reserves
  

Called up share capital 
 7 
1
1

Profit and loss account
  
420
33,305

  
421
33,306


Page 1

 
GLENNS FARM TRAINING LIMITED
REGISTERED NUMBER: 08412443
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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 profit and loss account 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 by: 




................................................
Miss E G Humphries
Director

Date: 4 September 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
GLENNS FARM TRAINING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Glenns Farm Training Limited, company number 08412443, is a private limited company, limited by share, incorporated in England and Wales, with its registered office at 1 Edison Court, Ellice Way, Wrexham Technology Park, Wrexham, LL13 7YT and principal place of business at 64 St Peters Park, Northop, Mold, Flintshire, CH7 6DS.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

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.

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
GLENNS FARM TRAINING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.5

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.

 
2.6

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.

 
2.7

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.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 4

 
GLENNS FARM TRAINING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Debtors

2024
2023
£
£


Trade debtors
-
15,985

Other debtors
676
2,564

676
18,549



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
11,124
93,496

11,124
93,496



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
-
1,512

Other creditors
10,079
75,931

Accruals and deferred income
1,300
1,296

11,379
78,739



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 (2023 - 1) Ordinary shares share of £1.00
1
1


 
Page 5