2023-04-01 2024-09-30 12784224 Galtres Estates Ltd false 12784224 2023-04-01 2024-09-30 12784224 uk-bus:Director1 2023-04-01 2024-09-30 12784224 uk-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-09-30 12784224 uk-bus:SmallEntities 2023-04-01 2024-09-30 12784224 uk-bus:FullAccounts 2023-04-01 2024-09-30 12784224 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-09-30 12784224 2023-04-01 12784224 2024-09-30 12784224 2023-09-30 xbrli:pure iso4217:GBP 12784224 2022-04-01 2023-09-30
Company Registration Number : 12784224 (England and Wales)
12784224
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2024-09-30
false
Galtres Estates Ltd
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2023-04-01
Galtres Estates Ltd
Unaudited filleted financial statements
For 549 days period from 1 April 2023 to 30 September 2024
Galtres Estates Ltd
Contents
For 549 days period from 1 April 2023 to 30 September 2024

CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 6


Galtres Estates Ltd
Company Information
For 549 days period from 1 April 2023 to 30 September 2024

Company registration number 12784224 (England and Wales)
Directors Mr Iain Leedham
Mr David Patmore
Mr Paul Rose
Mr Ian Tippett
Company secretary Mr Iain Leedham
Registered office address Field House
Providence Farm
York
YO61 3NY
Accountant Root Accountants Ltd
Chartered Management Accountants
Sandown House
LS22 7DN
Galtres Estates Ltd
Statement of Financial Position
For 549 days period from 1 April 2023 to 30 September 2024

2024 2023
Notes £ £
Current assets
Inventories - 1,929,041
Debtors 5 50,120 3,377
Cash and cash equivalents 10,344 3,900
60,464 1,936,318
Current liabilities
Creditors: Amounts falling due within one year 6 - (58,932)
Corporation tax payable (60,264) -
(60,264) (58,932)
Net current assets/(liabilities) 200 1,877,386
Total assets less current liabilities 200 1,877,386
Non-current liabilities
Creditors: Amounts falling due after more than one year 7 - (1,941,578)
Net assets/(liabilities) 200 (64,192)
Capital and reserves
Called up share capital 8 200 200
Retained earnings - (64,392)
Shareholder's funds 200 (64,192)
For the year ended 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • 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 in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 04 December 2024
.............................
Mr Iain Leedham (Director)
Company registration number: 12784224
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2024-09-30 30 September 2024
2024 2023
£ £
Current Assets 60,464 1,933,674
Prepayments and accrued income 0 2,644
Creditors: amounts falling due within one year (60,264) (58,932)
Net current assets (liabilities) 200 1,877,386
Total assets less current liabilities 200 1,877,386
CREDITORS: Amounts falling due more than one year 0 (1,941,578)
Net Assets (liabilities) 200 (64,192)
Capital and Reserves 200 (64,192)
For the year ending 30/09/2024 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. For the year ending 30-09-2024 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 for the year in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 04 December 2024 2024-11-25 and signed on behalf of the board,
.............................
Mr Iain Leedham
Director
Company registration number: 12784224
Galtres Estates Ltd
Notes to the Financial Statements
For 549 days period from 1 April 2023 to 30 September 2024

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is Field House, Providence Farm, York, YO61 3NY.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Borrowing costs
All borrowing related costs are included within the statement of income in the period in which they are incurred using the effective interest method.
Inventories
Inventories are measured at the lower of cost and net realisable value. Costs of inventories are determined on a first-in-first-out basis. Net realisable value represents the estimated selling price for inventories less all estimated costs necessary to make the sale.
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before tax as reported in the income statement because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

(4) Employees
During the period, the average number of employees including director was 4 (2023 : 4).

(5) Debtors
Amounts falling due within one year
2024 2023
£ £
Trade debtors 300 -
Other debtors 49,820 733
Prepayments and accrued income - 2,644
50,120 3,377

(6) Creditors: Amounts falling due within one year
2024 2023
£ £
Trade creditors - 1,753
Other creditors - 56,429
Accruals and deferred income - 750
- 58,932

(7) Creditors: Amounts falling due after more than one year
2024 2023
£ £
Bank loans and overdrafts - 1,182,778
Other creditors - 758,800
- 1,941,578

(8) Share capital and reserves
Alloted, called up and fully paid: 2024 2023
£ £
200 (2023 : 200) Ordinary shares of £ 1 each200200
200 200
Retained earnings 2024
£
At 1 April 2023 (64,392)
Profit of the year 252,784
Dividends paid (188,393)
At 30 September 2024 (1)

(9) Directors advances, credit and guarantees
Overdrawn
During the year the David Patmore has an overdrawn the balance of £12,402 and the same is repaid on 30/06/2025.
During the year the Paul Rose has an overdrawn the balance of £12,402 and the same is repaid on 30/06/2025.
During the year the Iain Leedham has an overdrawn the balance of £12,402 and the same is repaid on 30/06/2025.
During the year the Ian Tippett has an overdrawn the balance of £12,402 and the same is repaid on 30/06/2025.