The Glen Private Nursing Home Ltd |
Registered Number:10984643 |
For the year ended 30 September 2024
England and Wales
Unaudited Financial Statements
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
The Glen Private Nursing Home Ltd
Statement of Financial Position
2023
2024
217,333
233,333
2
Property, plant and equipment |
892,824
895,666
3
1,110,157
1,128,999
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
500
500
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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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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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. |
224 Abbeydale Road South
Sheffield
S17 3LA
The presentation currency is £ sterling. |
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
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
320,000
320,000
86,667
16,000
Charge for year
102,667
217,333
233,333
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For the year ended 30 September 2024
The Glen Private Nursing Home Ltd
Notes to the Financial Statements Continued
3. Property, plant and equipment |
1,082,464
102,881
979,583
29,948
15,212
14,736
994,319
118,093
1,112,412
Provision for depreciation and impairment |
186,798
81,702
105,096
Charge for year
32,790
11,761
21,029
219,588
93,463
126,125
868,194
24,630
892,824
874,487
21,179
895,666
4. Trade and other receivables |
2023
2024
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
2,756
9,253
Taxation and social security |
23,910
28,544
Accruals and deferred income |
21,268
17,480
80,155
80,155
60,905
60,550
230,459
245,982
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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
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
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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