GLENVALE WASTE LTD

Company Registration Number:
NI068128 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

GLENVALE WASTE LTD

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

GLENVALE WASTE LTD

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 1,941,129 1,772,018
Total fixed assets: 1,941,129 1,772,018
Current assets
Stocks: 67,590 34,188
Debtors:   807,575 885,946
Cash at bank and in hand: 174,761 151,307
Total current assets: 1,049,926 1,071,441
Creditors: amounts falling due within one year:   (550,990) (657,430)
Net current assets (liabilities): 498,936 414,011
Total assets less current liabilities: 2,440,065 2,186,029
Provision for liabilities: (396,337) (276,696)
Total net assets (liabilities): 2,043,728 1,909,333
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 2,043,628 1,909,233
Shareholders funds: 2,043,728 1,909,333

The notes form part of these financial statements

GLENVALE WASTE LTD

Balance sheet statements

For the year ending 30 April 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 September 2024
and signed on behalf of the board by:

Name: Patrick Hughes
Status: Director

The notes form part of these financial statements

GLENVALE WASTE LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GLENVALE WASTE LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 25 24

GLENVALE WASTE LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible Assets

Total
Cost £
At 01 May 2023 2,804,613
Additions 515,145
Disposals (67,800)
At 30 April 2024 3,251,958
Depreciation
At 01 May 2023 1,032,595
Charge for year 300,584
On disposals (22,350)
At 30 April 2024 1,310,829
Net book value
At 30 April 2024 1,941,129
At 30 April 2023 1,772,018

GLENVALE WASTE LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Related party transactions

The company rents yard and storage facilities for the lorries, vehicles and plant and machinery from Hughes Farming, a partnership in which both Patrick and Claire Hughes are partners. All transactions between the company and Hughes Farming are carried out under normal commercial terms and conditions.