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REGISTERED NUMBER: 09946446 (England and Wales)



Unaudited Financial Statements

for the Year Ended 31st March 2024

for

Gleave Properties Limited

Gleave Properties Limited (Registered number: 09946446)






Contents of the Financial Statements
for the Year Ended 31st March 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


Gleave Properties Limited

Company Information
for the Year Ended 31st March 2024







DIRECTOR: C D Gleave





REGISTERED OFFICE: 117 Wilmslow Road
Handforth
Cheshire
SK9 3ER





REGISTERED NUMBER: 09946446 (England and Wales)





ACCOUNTANTS: Laytons
Chartered Accountants
6 Manchester Road
Buxton
Derbyshire
SK17 6SB

Gleave Properties Limited (Registered number: 09946446)

Abridged Balance Sheet
31st March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,145,000 1,145,000

CURRENT ASSETS
Cash at bank 4,439 3,079

CREDITORS
Amounts falling due within one year 63,483 74,961
NET CURRENT LIABILITIES (59,044 ) (71,882 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,085,956 1,073,118

CREDITORS
Amounts falling due after more than one year 975,472 974,913
NET ASSETS 110,484 98,205

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 110,384 98,105
SHAREHOLDERS' FUNDS 110,484 98,205

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28th October 2024 and were signed by:





C D Gleave - Director


Gleave Properties Limited (Registered number: 09946446)

Notes to the Financial Statements
for the Year Ended 31st March 2024

1. STATUTORY INFORMATION

Gleave Properties Limited 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - in accordance with the property

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st April 2023
and 31st March 2024 1,145,000
NET BOOK VALUE
At 31st March 2024 1,145,000
At 31st March 2023 1,145,000

5. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year ended 31st March 2024 the company owed the director and shareholder Mr C Gleave £679,717 (2023: £651,232).

6. RELATED PARTY DISCLOSURES

At the year ended 31st March 2024 the company owed Starkey Group Ltd £23,730 (2023: £29,250). Starkey Group Ltd is controlled by Mr C Gleave.

During the year the company received £72,000 (2023: £72,000) in consultancy income, £1,473 (2023: £1,419) for insurance and £23,798 (2023 :£22,104) of rental income from Review Travel Limited and paid £862 (2023: £Nil) in respect of repairs expenses. Review Travel Limited is controlled by Starkey Group Limited.