2023-10-01 10984643 2024-09-30 10984643 2023-10-01 2024-09-30 10984643 2023-09-30 10984643 2022-10-01 2023-09-30 10984643 uk-core:WithinOneYear 2023-09-30 10984643 uk-core:WithinOneYear 2024-09-30 10984643 uk-core:AfterOneYear 2023-09-30 10984643 uk-core:AfterOneYear 2024-09-30 10984643 uk-core:ShareCapital 2024-09-30 10984643 uk-core:ShareCapital 2023-09-30 10984643 uk-core:RetainedEarningsAccumulatedLosses 2024-09-30 10984643 uk-core:RetainedEarningsAccumulatedLosses 2023-09-30 10984643 uk-bus:Director1 2023-10-01 2024-09-30 10984643 uk-core:Buildings 2023-10-01 2024-09-30 10984643 uk-core:FurnitureFittings 2023-10-01 2024-09-30 10984643 uk-core:Goodwill 2023-09-30 10984643 uk-core:Goodwill 2024-09-30 10984643 uk-core:Goodwill 2023-10-01 2024-09-30 10984643 uk-core:FurnitureFittings 2023-09-30 10984643 uk-core:Buildings 2023-09-30 10984643 uk-core:Buildings 2024-09-30 10984643 uk-core:FurnitureFittings 2024-09-30 10984643 uk-core:WithinOneYear uk-core:Secured 2024-09-30 10984643 uk-core:WithinOneYear uk-core:Secured 2023-09-30 10984643 uk-core:OtherThanOnDemand 2024-09-30 10984643 uk-core:OtherThanOnDemand 2023-09-30 10984643 uk-core:IndeterminateMaturityNon-expiringFinancialInstruments 2024-09-30 10984643 uk-core:IndeterminateMaturityNon-expiringFinancialInstruments 2023-09-30 iso4217:GBP xbrli:pure 10984643 uk-bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 10984643 uk-bus:FRS102 2023-10-01 2024-09-30 10984643 uk-bus:FilletedAccounts 2023-10-01 2024-09-30 10984643 uk-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30
The Glen Private Nursing Home Ltd
Registered Number:10984643
For the year ended 30 September 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 September 2024
The Glen Private Nursing Home Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
10984643
As at 30 September 2024
The Glen Private Nursing Home Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Intangible assets
217,333
233,333
2
Property, plant and equipment
892,824
895,666
3
1,110,157
1,128,999
Current assets
Trade and other receivables
2,413
2,868
4
134,404
Cash and cash equivalents
137,455
140,323
136,817
Trade and other payables: amounts falling due within one
year
(245,982)
(230,459)
5
(109,165)
(90,136)
Net current liabilities
Total assets less current liabilities
1,020,021
1,019,834
Trade and other payables: amounts falling due after more
than one year
(931,394)
(898,465)
6
(6,796)
(3,966)
Provisions for liabilities
114,760
Net assets
84,474
Capital and reserves
Called up share capital
500
500
Retained earnings
114,260
83,974
114,760
84,474
Shareholders' funds
For the year ended 30 September 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 financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Beverley Ashmore Director
These financial statements were approved and authorised for issue by the Board on 18 November 2024 and were signed by:
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4
Registered Number :
10984643
For the year ended 30 September 2024
The Glen Private Nursing Home Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 30 September 2024
The Glen Private Nursing Home Ltd
Notes to the Financial Statements
Statutory Information
The Glen Private Nursing Home Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 10984643.
Registered address:
224 Abbeydale Road South
Sheffield
S17 3LA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Intangible assets
Goodwill is capitalised and is being amortised over its useful life of 20 years.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings
2% Straight line
20% Straight line
Furniture and Fittings
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 October 2023
320,000
At 30 September 2024
320,000
Amortisation
At 01 October 2023
86,667
16,000
Charge for year
At 30 September 2024
102,667
Net book value
At 30 September 2024
217,333
At 30 September 2023
233,333
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6
For the year ended 30 September 2024
The Glen Private Nursing Home Ltd
Notes to the Financial Statements Continued
3. Property, plant and equipment
Total
Furniture and
Fittings
Land and
Buildings
£
£
£
Cost or
valuation
At 01 October 2023
1,082,464
102,881
979,583
29,948
15,212
14,736
Additions
At 30 September 2024
994,319
118,093
1,112,412
Provision for depreciation and impairment
At 01 October 2023
186,798
81,702
105,096
Charge for year
32,790
11,761
21,029
At 30 September 2024
219,588
93,463
126,125
At 30 September 2024
Net book value
868,194
24,630
892,824
At 30 September 2023
874,487
21,179
895,666
4. Trade and other receivables
2023
2024
£
£
Other debtors
2,868
2,413
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft (secured)
41,465
50,000
Trade creditors
2,756
9,253
Taxation and social security
23,910
28,544
Accruals and deferred income
21,268
17,480
Directors' loan accounts
80,155
80,155
Other creditors
60,905
60,550
230,459
245,982
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7
For the year ended 30 September 2024
The Glen Private Nursing Home Ltd
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft (secured)
448,465
481,394
Other creditors
450,000
450,000
898,465
931,394
Analysis of creditors falling due after more than five years:
Payable otherwise than by instalments
450,000
450,000
Payable by instalments
448,465
481,394
7. Average number of persons employed
During the year the average number of employees was 59 (2023 : 60)
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