IRIS Accounts Production v24.3.2.46 11436104 director 1.7.23 30.6.24 30.6.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh114361042023-06-30114361042024-06-30114361042023-07-012024-06-30114361042022-06-30114361042022-07-012023-06-30114361042023-06-3011436104ns15:EnglandWales2023-07-012024-06-3011436104ns14:PoundSterling2023-07-012024-06-3011436104ns10:Director12023-07-012024-06-3011436104ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3011436104ns10:SmallEntities2023-07-012024-06-3011436104ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3011436104ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3011436104ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3011436104ns10:FullAccounts2023-07-012024-06-3011436104ns10:RegisteredOffice2023-07-012024-06-3011436104ns5:CurrentFinancialInstruments2024-06-3011436104ns5:CurrentFinancialInstruments2023-06-3011436104ns5:ShareCapital2024-06-3011436104ns5:ShareCapital2023-06-3011436104ns5:RetainedEarningsAccumulatedLosses2024-06-3011436104ns5:RetainedEarningsAccumulatedLosses2023-06-3011436104ns5:PlantMachinery2023-07-012024-06-3011436104ns5:PlantMachinery2023-06-3011436104ns5:PlantMachinery2024-06-3011436104ns5:PlantMachinery2023-06-3011436104ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3011436104ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-30
REGISTERED NUMBER: 11436104 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Gles Southern Ltd

Gles Southern Ltd (Registered number: 11436104)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Gles Southern Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTOR: G Loder





REGISTERED OFFICE: 54 Headswell Crescent
Bournemouth
Dorset
BH10 6LJ





REGISTERED NUMBER: 11436104 (England and Wales)





ACCOUNTANT: Richard Allen & Associates
21 Church Road
Parkstone
Poole
Dorset
BH14 8UF

Gles Southern Ltd (Registered number: 11436104)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,708 7,611

CURRENT ASSETS
Stocks 8,000 6,000
Debtors 5 43,879 41,910
Cash at bank and in hand 18,895 28,659
70,774 76,569
CREDITORS
Amounts falling due within one year 6 30,938 32,560
NET CURRENT ASSETS 39,836 44,009
TOTAL ASSETS LESS CURRENT
LIABILITIES

45,544

51,620

PROVISIONS FOR LIABILITIES 1,085 1,446
NET ASSETS 44,459 50,174

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 44,359 50,074
SHAREHOLDERS' FUNDS 44,459 50,174

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Gles Southern Ltd (Registered number: 11436104)

Balance Sheet - continued
30 June 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 March 2025 and were signed by:





G Loder - Director


Gles Southern Ltd (Registered number: 11436104)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Gles Southern Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

Gles Southern Ltd (Registered number: 11436104)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023
and 30 June 2024 29,340
DEPRECIATION
At 1 July 2023 21,729
Charge for year 1,903
At 30 June 2024 23,632
NET BOOK VALUE
At 30 June 2024 5,708
At 30 June 2023 7,611

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 17,010 25,512
Other debtors 26,869 16,398
43,879 41,910

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 2,245 1,141
Taxation and social security 16,117 27,523
Other creditors 12,576 3,896
30,938 32,560