Glynhebog Ltd 14867545 false 2023-05-15 2024-05-31 2024-05-31 The principal activity of the company is property holding. Digita Accounts Production Advanced 6.30.9574.0 true 14867545 2023-05-15 2024-05-31 14867545 2024-05-31 14867545 core:RetainedEarningsAccumulatedLosses 2024-05-31 14867545 core:ShareCapital 2024-05-31 14867545 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 14867545 bus:SmallEntities 2023-05-15 2024-05-31 14867545 bus:AuditExemptWithAccountantsReport 2023-05-15 2024-05-31 14867545 bus:FullAccounts 2023-05-15 2024-05-31 14867545 bus:SmallCompaniesRegimeForAccounts 2023-05-15 2024-05-31 14867545 bus:RegisteredOffice 2023-05-15 2024-05-31 14867545 bus:Director2 2023-05-15 2024-05-31 14867545 bus:Director3 2023-05-15 2024-05-31 14867545 bus:PrivateLimitedCompanyLtd 2023-05-15 2024-05-31 14867545 core:Buildings 2023-05-15 2024-05-31 14867545 countries:EnglandWales 2023-05-15 2024-05-31 iso4217:GBP xbrli:pure

Registration number: 14867545

Glynhebog Ltd

Annual Report and Unaudited Filleted Abridged Financial Statements

for the Period from 15 May 2023 to 31 May 2024

 

Glynhebog Ltd

Contents

Abridged Balance Sheet

1

Notes to the Unaudited Abridged Financial Statements

2 to 3

 

Glynhebog Ltd

(Registration number: 14867545)
Abridged Balance Sheet as at 31 May 2024

Note

2024
£

Fixed assets

 

Tangible assets

4

35,489

Current assets

 

Debtors

40

Cash at bank and in hand

 

2,005

 

2,045

Creditors: Amounts falling due within one year

(39,360)

Net current liabilities

 

(37,315)

Net liabilities

 

(1,826)

Capital and reserves

 

Called up share capital

120

Profit and loss account

(1,946)

Total equity

 

(1,826)

For the financial period ending 31 May 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 accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 14 February 2025 and signed on its behalf by:
 

Mrs A Marsman

Director

Mr S Fenemore

Director

 

Glynhebog Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 15 May 2023 to 31 May 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Treodrhiw Meirch
Trawsmawr
Carmarthen
SA33 6NF
Wales

These financial statements were authorised for issue by the Board on 14 February 2025.

2

Accounting policies

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Freehold property

2% straight line

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 3.

 

Glynhebog Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 15 May 2023 to 31 May 2024

4

Tangible assets

Total
£

Cost or valuation

Additions

35,489

At 31 May 2024

35,489

Carrying amount

At 31 May 2024

35,489

Included within the net book value of land and buildings above is £35,489 in respect of freehold land and buildings.