1 September 2023 false No description of principal activity Taxfiler 2024.6 13558748business:PrivateLimitedCompanyLtd2023-09-012024-08-31 135587482023-08-31 135587482023-09-012024-08-31 13558748business:AuditExemptWithAccountantsReport2023-09-012024-08-31 13558748business:FilletedAccounts2023-09-012024-08-31 135587482024-08-31 13558748business:Director12023-09-012024-08-31 13558748business:RegisteredOffice2023-09-012024-08-31 135587482023-08-31 13558748core:WithinOneYear2024-08-31 13558748core:WithinOneYear2023-08-31 13558748core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 13558748core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 13558748core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 13558748core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 13558748core:PreviouslyStatedAmount2024-08-31 13558748core:PreviouslyStatedAmount2023-08-31 13558748business:SmallEntities2023-09-012024-08-31 13558748countries:EnglandWales2023-09-012024-08-31 13558748core:PlantMachinery2023-09-012024-08-31 13558748core:PlantMachinery2023-08-31 13558748core:PlantMachinery2024-08-31 13558748core:AfterOneYear2024-08-31 13558748core:AfterOneYear2023-08-31 135587482022-09-012023-08-31 iso4217:GBP xbrli:pure
Company Registration No. 13558748 (England and Wales)
Glennsway Ltd Unaudited accounts for the year ended 31 August 2024
Glennsway Ltd Unaudited accounts Contents
Page
- 2 -
Glennsway Ltd Company Information for the year ended 31 August 2024
Director
Mr G Alexander
Company Number
13558748 (England and Wales)
Registered Office
98 Tamworth Road Amington Tamworth B77 3BU
Accountants
Diamond Accountancy Services Ltd 22 Chestnut Lane Clifton Campville Tamworth Staffordshire B79 0BN
- 3 -
Glennsway Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
10,557 
14,076 
Current assets
Debtors
1,390 
1,973 
Cash at bank and in hand
2,019 
2,272 
3,409 
4,245 
Creditors: amounts falling due within one year
(11,775)
(21,338)
Net current liabilities
(8,366)
(17,093)
Net assets/(liabilities)
2,191 
(3,017)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
2,190 
(3,018)
Shareholders' funds
2,191 
(3,017)
For the year ending 31 August 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 director acknowledges his 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 and authorised for issue on 28 April 2025 and were signed on its behalf by
Mr G Alexander Director Company Registration No. 13558748
- 4 -
Glennsway Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Glennsway Ltd is a private company, limited by shares, registered in England and Wales, registration number 13558748. The registered office is 98 Tamworth Road, Amington, Tamworth, B77 3BU.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance Method
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 September 2023
19,167 
At 31 August 2024
19,167 
Depreciation
At 1 September 2023
5,091 
Charge for the year
3,519 
At 31 August 2024
8,610 
Net book value
At 31 August 2024
10,557 
At 31 August 2023
14,076 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
1,390 
1,973 
- 5 -
Glennsway Ltd Notes to the Accounts for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
- 
2,130 
Trade creditors
- 
3,870 
Other creditors
11,775 
15,338 
11,775 
21,338 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -