REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 6 JUNE 2023 TO 30 APRIL 2024 |
FOR |
GLEN ROAD RETAIL HOLDINGS LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 6 JUNE 2023 TO 30 APRIL 2024 |
FOR |
GLEN ROAD RETAIL HOLDINGS LIMITED |
GLEN ROAD RETAIL HOLDINGS LIMITED (REGISTERED NUMBER: NI697918) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 6 JUNE 2023 TO 30 APRIL 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 | to | 4 |
GLEN ROAD RETAIL HOLDINGS LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 6 JUNE 2023 TO 30 APRIL 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
17 Clarendon Road |
Clarendon Dock |
Belfast |
BT1 3BG |
GLEN ROAD RETAIL HOLDINGS LIMITED (REGISTERED NUMBER: NI697918) |
BALANCE SHEET |
30 APRIL 2024 |
Notes | £ | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Debtors | 5 |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
The directors acknowledge their 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 were approved by the Board of Directors and authorised for issue on |
GLEN ROAD RETAIL HOLDINGS LIMITED (REGISTERED NUMBER: NI697918) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 6 JUNE 2023 TO 30 APRIL 2024 |
1. | STATUTORY INFORMATION |
Glen Road Retail Holdings Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Preparation of consolidated financial statements |
The financial statements contain information about Glen Road Retail Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements. |
Significant judgements and estimates |
In preparing these financial statements the directors consider there to be no significant judgements and estimates involved. |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
Financial instruments |
All financial instruments of the company are considered to meet the definition of basic financial instruments. |
- Short term debtors and creditors |
Debtors and creditors with no stated interest rate and are receivable or payable on demand are recognised at transaction price, and subject to annual impairment reviews. Any losses arising on impairment are recognised in the profit and loss account. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
GLEN ROAD RETAIL HOLDINGS LIMITED (REGISTERED NUMBER: NI697918) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 6 JUNE 2023 TO 30 APRIL 2024 |
3. | EMPLOYEES |
The average number of employees during the period was NIL. |
4. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST |
Additions |
At 30 April 2024 |
NET BOOK VALUE |
At 30 April 2024 |
Fixed asset investments consist of a 100% holding in RTB (Belfast) Ltd (NI678206) a company incorporated in Northern Ireland. |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Amounts owed to group undertakings |
7. | ULTIMATE CONTROLLING PARTY |
The ultimate controlling parties are Mr G Wall and Mrs H Wall by virtue of their shareholding. |