GLENSIDE FARMS LTD

Company Registration Number:
NI640643 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

GLENSIDE FARMS LTD

Contents of the Financial Statements

for the Period Ended 31 August 2024

Balance sheet
Notes

GLENSIDE FARMS LTD

Balance sheet

As at 31 August 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 0 4,800
Tangible assets: 4 5,007,444 4,894,563
Total fixed assets: 5,007,444 4,899,363
Current assets
Stocks: 943,798 938,373
Debtors:   259,869 142,213
Cash at bank and in hand: 2,700,002 2,347,982
Total current assets: 3,903,669 3,428,568
Creditors: amounts falling due within one year:   (1,311,912) (662,104)
Net current assets (liabilities): 2,591,757 2,766,464
Total assets less current liabilities: 7,599,201 7,665,827
Creditors: amounts falling due after more than one year:   (2,619,595) (3,868,731)
Provision for liabilities: (93,931) (35,469)
Total net assets (liabilities): 4,885,675 3,761,627
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 4,885,673 3,761,625
Shareholders funds: 4,885,675 3,761,627

The notes form part of these financial statements

GLENSIDE FARMS LTD

Balance sheet statements

For the year ending 31 August 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 April 2025
and signed on behalf of the board by:

Name: Robert Park
Status: Director

The notes form part of these financial statements

GLENSIDE FARMS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GLENSIDE FARMS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

2. Employees

2024 2023
Average number of employees during the period 5 5

GLENSIDE FARMS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Intangible Assets

Total
Cost £
At 01 September 2023 24,000
Additions 0
At 31 August 2024 24,000
Amortisation
At 01 September 2023 19,200
Charge for year 4,800
At 31 August 2024 24,000
Net book value
At 31 August 2024 0
At 31 August 2023 4,800

GLENSIDE FARMS LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Tangible Assets

Total
Cost £
At 01 September 2023 5,790,328
Additions 291,800
At 31 August 2024 6,082,128
Depreciation
At 01 September 2023 895,765
Charge for year 178,919
At 31 August 2024 1,074,684
Net book value
At 31 August 2024 5,007,444
At 31 August 2023 4,894,563