GF Eglantine Limited 12431211 false 2023-02-01 2024-01-31 2024-01-31 The principal activity of the company is the holding company of various trading companies. Digita Accounts Production Advanced 6.30.9574.0 true 12431211 2023-02-01 2024-01-31 12431211 2024-01-31 12431211 core:RetainedEarningsAccumulatedLosses 2024-01-31 12431211 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 12431211 core:Non-currentFinancialInstruments 2024-01-31 12431211 bus:SmallEntities 2023-02-01 2024-01-31 12431211 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 12431211 bus:FullAccounts 2023-02-01 2024-01-31 12431211 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 12431211 bus:RegisteredOffice 2023-02-01 2024-01-31 12431211 bus:Director1 2023-02-01 2024-01-31 12431211 bus:Director2 2023-02-01 2024-01-31 12431211 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 12431211 core:OfficeEquipment 2023-02-01 2024-01-31 12431211 countries:EnglandWales 2023-02-01 2024-01-31 12431211 2023-01-31 12431211 core:CostValuation core:Non-currentFinancialInstruments 2023-01-31 12431211 2022-02-01 2023-01-31 12431211 2023-01-31 12431211 core:RetainedEarningsAccumulatedLosses 2023-01-31 12431211 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 12431211 core:Non-currentFinancialInstruments 2023-01-31 iso4217:GBP xbrli:pure

Registration number: 12431211

GF Eglantine Limited

Annual Report and Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 January 2024

 

GF Eglantine Limited

Contents

Abridged Balance Sheet

1 to 2

Notes to the Unaudited Abridged Financial Statements

3 to 5

 

GF Eglantine Limited

(Registration number: 12431211)
Abridged Balance Sheet as at 31 January 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

3,302

2,588

Investments

5

11,003

111,003

 

14,305

113,591

Current assets

 

Debtors

1,379,037

1,160,243

Cash at bank and in hand

 

9,485

148,333

 

1,388,522

1,308,576

Creditors: Amounts falling due within one year

(1,264,676)

(1,317,933)

Net current assets/(liabilities)

 

123,846

(9,357)

Total assets less current liabilities

 

138,151

104,234

Provisions for liabilities

(825)

(491)

Net assets

 

137,326

103,743

Capital and reserves

 

Profit and loss account

137,326

103,743

Total equity

 

137,326

103,743

 

GF Eglantine Limited

(Registration number: 12431211)
Abridged Balance Sheet as at 31 January 2024

For the financial year ending 31 January 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 of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

All of the Company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 25 October 2024 and signed on its behalf by:
 

Mr J Taylor

Director

Mrs A M Taylor

Director

 

GF Eglantine Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2024

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:
17 The Courtyard
Gorsey Lane
Coleshill
Birmingham
B46 1JA
England

These financial statements were authorised for issue by the Board on 25 October 2024.

2

Accounting policies

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These abridged 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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable the future economic benefits will flow into the entity, and specific criteria have been met for each of the company activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

 

GF Eglantine Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2024

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

25% Reducing balance

Investments

Investments in equity shares where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in the profit or loss account. Investments in equity shares where fair value cannot be measured reliably are measured at cost less impairment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

4

Tangible assets

Total
£

Cost or valuation

At 1 February 2023

4,543

Additions

1,815

At 31 January 2024

6,358

Depreciation

At 1 February 2023

1,955

Charge for the year

1,101

At 31 January 2024

3,056

Carrying amount

At 31 January 2024

3,302

At 31 January 2023

2,588

 

GF Eglantine Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2024

5

Investments

Total
£

Cost or valuation

At 1 February 2023

11,003

Provision

Carrying amount

At 31 January 2024

11,003

At 31 January 2023

111,003