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Registration number: 14196563

Glenwood Services Holdings Ltd

Annual Report and Unaudited Abridged Financial Statements

(Companies House version)

for the Year Ended 30 June 2024

 

Glenwood Services Holdings Ltd

Contents

Company Information

1

Directors' Report

2

Accountants' Report

3

Abridged Profit and Loss Account

4

Abridged Balance Sheet

5

Statement of Changes in Equity

6

Notes to the Unaudited Abridged Financial Statements

7 to 8

 

Glenwood Services Holdings Ltd

Company Information

Directors

Mrs E A Snaith

Mr P W Snaith

Registered office

Unit 28 Regent Trade Park
Barwell Lane
Gosport
Hampshire
PO13 0EQ

Accountants

Page Kirk LLP
Chartered accountants and chartered tax advisers
Sherwood House
7 Gregory Boulevard
Nottingham
NG7 6LB

 

Glenwood Services Holdings Ltd

Directors' Report for the Year Ended 30 June 2024

The directors present their report and the abridged financial statements for the year ended 30 June 2024.

Directors of the company

The directors who held office during the year were as follows:

Mrs E A Snaith

Mr P W Snaith

Principal activity

The principal activity is that of a holding company .

Small companies provision statement

This report has 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.

The address of its registered office is:
Unit 28 Regent Trade Park
Barwell Lane
Gosport
Hampshire
PO13 0EQ

Approved by the Board on 25 March 2025 and signed on its behalf by:

.........................................
Mrs E A Snaith
Director

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Glenwood Services Holdings Ltd
for the Year Ended 30 June 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Glenwood Services Holdings Ltd for the year ended 30 June 2024 as set out on pages 4 to 8 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of Glenwood Services Holdings Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Glenwood Services Holdings Ltd and state those matters that we have agreed to state to the Board of Directors of Glenwood Services Holdings Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Glenwood Services Holdings Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Glenwood Services Holdings Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and results of Glenwood Services Holdings Ltd. You consider that Glenwood Services Holdings Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Glenwood Services Holdings Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Page Kirk LLP
Chartered accountants and chartered tax advisers
Sherwood House
7 Gregory Boulevard
Nottingham
NG7 6LB

25 March 2025

 

Glenwood Services Holdings Ltd

Profit and Loss Account for the Year Ended 30 June 2024

2024
£

2023
£

Gross profit/(loss)

-

-

Other operating income

-

-

Profit/(loss) before tax

-

-

Profit/(loss) for the financial year

-

-

 

Glenwood Services Holdings Ltd

(Registration number: 14196563)
Abridged Balance Sheet as at 30 June 2024

Note

2024

2023

   

£

£

£

£

Fixed assets

   

 

Investments

4

 

1,600,000

 

1,600,000

Capital and reserves

   

 

Called up share capital

1,600,000

 

1,600,000

 

Total equity

   

1,600,000

 

1,600,000

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year 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.

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

Approved and authorised by the Board on 25 March 2025 and signed on its behalf by:
 

.........................................
Mrs E A Snaith
Director

 

Glenwood Services Holdings Ltd

Statement of Changes in Equity for the Year Ended 30 June 2024

Share capital
£

Total
£

At 1 July 2023

1,600,000

1,600,000

At 30 June 2024

1,600,000

1,600,000

Share capital
£

Total
£

New share capital subscribed

1,600,000

1,600,000

At 30 June 2023

1,600,000

1,600,000

 

Glenwood Services Holdings Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 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:
Unit 28 Regent Trade Park
Barwell Lane
Gosport
Hampshire
PO13 0EQ

These financial statements were authorised for issue by the Board on 25 March 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Basis of preparation of financial statements

These financial statements were prepared under the historical cost convention in accordance with applicable United Kingdom accounting standards, including the Financial Reporting Standard 102 ('FRS 102') Section 1A small entities, and with the Companies Act 2006.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

During the year, the average number of employees and directors at the company was 2 (2023 - 2).

 

Glenwood Services Holdings Ltd

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

4

Investments

£

Cost or valuation

At 1 July 2023

1,600,000

Provision

Carrying amount

At 30 June 2024

1,600,000

At 30 June 2023

1,600,000