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Company Registration No. NI700997 (Northern Ireland)
Glenare Ltd Unaudited accounts for the period from 29 August 2023 to 31 March 2024
Glenare Ltd Unaudited accounts Contents
Page
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Glenare Ltd Company Information for the period from 29 August 2023 to 31 March 2024
Director
Mr Mark Mulholland
Company Number
NI700997 (Northern Ireland)
Registered Office
c/o SJK Chartered Accountants 8 Bridge Road Moira Co. Armagh BT67 0PF
Accountants
SJK 8 Bridge Road Moira Co. Armagh BT67 0PF
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Accountants' report to the Board of Directors on the unaudited financial statements of Glenare Ltd for the period from 29 August 2023 to 31 March 2024
In accordance with our terms of engagement, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records and information and explanations you have given to us.
This report is made solely to the company's Board of Directors, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company's Board of Directors that we have done so and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's Board of Directors as a body, for our work or for this report.
We have carried out this engagement in accordance with guidance issued by the Chartered Accountants Ireland and have complied with the ethical guidance laid down by the Institute relating to members undertaking the compilation of financial statements.
You have acknowledged on the balance sheet for the period from 29 August 2023 to 31 March 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
SJK Chartered Accountants 8 Bridge Road Moira Co. Armagh BT67 0PF 31 May 2024
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Glenare Ltd Statement of financial position as at 31 March 2024
2024 
Notes
£ 
Current assets
Cash at bank and in hand
16 
Net current assets
16 
Total assets less current liabilities
16 
Creditors: amounts falling due after more than one year
(200)
Net liabilities
(184)
Capital and reserves
Called up share capital
100 
Profit and loss account
(284)
Shareholders' funds
(184)
For the period ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 May 2024 and were signed on its behalf by
Mr Mark Mulholland Director Company Registration No. NI700997
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Glenare Ltd Notes to the Accounts for the period from 29 August 2023 to 31 March 2024
1
Statutory information
Glenare Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI700997. The registered office is c/o SJK Chartered Accountants, 8 Bridge Road, Moira, Co. Armagh, BT67 0PF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Creditors: amounts falling due after more than one year
2024 
£ 
Loans from directors
200 
5
Average number of employees
During the period the average number of employees was 1.
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