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Company Registration No. 10684009 (England and Wales)
GLT (Dukinfield) Limited Unaudited accounts for the year ended 31 March 2024
GLT (Dukinfield) Limited Unaudited accounts Contents
Page
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GLT (Dukinfield) Limited Company Information for the year ended 31 March 2024
Directors
T W Kelly P A Arrowsmith
Company Number
10684009 (England and Wales)
Registered Office
BOOTH STREET CHAMBERS 32 BOOTH STREET ASHTON UNDER LYNE LANCASHIRE OL6 7LQ UNITED KINGDOM
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GLT (Dukinfield) Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
1,832,568 
1,094,732 
Current assets
Debtors
12,878 
32,003 
Cash at bank and in hand
66,664 
132,439 
79,542 
164,442 
Creditors: amounts falling due within one year
(80,217)
(51,027)
Net current (liabilities)/assets
(675)
113,415 
Total assets less current liabilities
1,831,893 
1,208,147 
Creditors: amounts falling due after more than one year
(1,698,713)
(1,073,713)
Net assets
133,180 
134,434 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
133,080 
134,334 
Shareholders' funds
133,180 
134,434 
For the year ending 31 March 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 responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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.
The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2024 and were signed on its behalf by
P A Arrowsmith Director Company Registration No. 10684009
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GLT (Dukinfield) Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
GLT (Dukinfield) Limited is a private company, limited by shares, registered in England and Wales, registration number 10684009. The registered office is BOOTH STREET CHAMBERS, 32 BOOTH STREET, ASHTON UNDER LYNE, LANCASHIRE, OL6 7LQ, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains/Losses are recognised in the income statement. Deferred taxation is provided on these gains/losses at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
2024 
2023 
£ 
£ 
Carrying amount of land and buildings on cost basis
1,850,189 
1,112,353 
5
Investment property
2024 
£ 
Fair value at 1 April 2023
1,094,732 
Additions
737,836 
At 31 March 2024
1,832,568 
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GLT (Dukinfield) Limited Notes to the Accounts for the year ended 31 March 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
8,473 
27,598 
Deferred tax asset
4,405 
4,405 
12,878 
32,003 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,641 
- 
Taxes and social security
- 
6,068 
Accruals
45,950 
23,267 
Deferred income
31,626 
21,692 
80,217 
51,027 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
1,698,713 
1,073,713 
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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