0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-10-01 Sage Accounts Production Advanced 2024 - FRS102_2024 63,718 6,372 6,372 12,744 50,974 57,346 xbrli:pure xbrli:shares iso4217:GBP 12868344 2023-10-01 2024-09-30 12868344 2024-09-30 12868344 2023-09-30 12868344 2022-10-01 2023-09-30 12868344 2023-09-30 12868344 2022-09-30 12868344 core:LandBuildings core:LongLeaseholdAssets 2023-10-01 2024-09-30 12868344 bus:OrdinaryShareClass1 2023-10-01 2024-09-30 12868344 bus:Director1 2023-10-01 2024-09-30 12868344 core:WithinOneYear 2024-09-30 12868344 core:WithinOneYear 2023-09-30 12868344 core:LandBuildings core:LongLeaseholdAssets 2023-09-30 12868344 core:LandBuildings core:LongLeaseholdAssets 2024-09-30 12868344 core:ShareCapital 2024-09-30 12868344 core:ShareCapital 2023-09-30 12868344 core:RetainedEarningsAccumulatedLosses 2024-09-30 12868344 core:RetainedEarningsAccumulatedLosses 2023-09-30 12868344 core:LandBuildings core:LongLeaseholdAssets 2023-09-30 12868344 bus:SmallEntities 2023-10-01 2024-09-30 12868344 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 12868344 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 12868344 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 12868344 bus:FullAccounts 2023-10-01 2024-09-30 12868344 bus:OrdinaryShareClass1 2024-09-30 12868344 bus:OrdinaryShareClass1 2023-09-30
COMPANY REGISTRATION NUMBER: 12868344
GLASSON HIGHLAND LADDIE LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
30 September 2024
GLASSON HIGHLAND LADDIE LIMITED
FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2024
CONTENTS
PAGE
Statement of financial position
1
Notes to the financial statements
3
GLASSON HIGHLAND LADDIE LIMITED
STATEMENT OF FINANCIAL POSITION
30 September 2024
2024
2023
Note
£
£
£
£
FIXED ASSETS
Tangible assets
4
50,974
57,346
CREDITORS: amounts falling due within one year
5
67,461
65,179
---------
---------
NET CURRENT LIABILITIES
67,461
65,179
---------
---------
TOTAL ASSETS LESS CURRENT LIABILITIES
( 16,487)
( 7,833)
---------
--------
NET LIABILITIES
( 16,487)
( 7,833)
---------
--------
GLASSON HIGHLAND LADDIE LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
30 September 2024
2024
2023
Note
£
£
£
£
CAPITAL AND RESERVES
Called up share capital
6
100
100
Profit and loss account
( 16,587)
( 7,933)
---------
--------
SHAREHOLDERS DEFICIT
( 16,487)
( 7,833)
---------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 16 June 2025 , and are signed on behalf of the board by:
A Martin
Director
Company registration number: 12868344
GLASSON HIGHLAND LADDIE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2024
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Equitable House, 55 Pellon Lane, Halifax, West Yorkshire, HX1 5SP.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The continuation of the company's activities is dependent on the continuing financial support of the director. The director has confirmed that in their opinion, this financial support will continue and therefore the financial statements have been prepared on the going concern basis.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. There are not considered to be any judgements or accounting estimates or assumptions that have a significant impact on the financial statements.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Alterations to leasehold property
-
10% straight line
Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
4. TANGIBLE ASSETS
Alterations to leasehold property
£
Cost
At 1 October 2023 and 30 September 2024
63,718
---------
Depreciation
At 1 October 2023
6,372
Charge for the year
6,372
---------
At 30 September 2024
12,744
---------
Carrying amount
At 30 September 2024
50,974
---------
At 30 September 2023
57,346
---------
5. CREDITORS: amounts falling due within one year
2024
2023
£
£
Accruals and deferred income
461
530
Director loan accounts
67,000
64,649
---------
---------
67,461
65,179
---------
---------
6. CALLED UP SHARE CAPITAL
Issued, called up and fully paid
2024
2023
No.
£
No.
£
Ordinary shares of £ 1 each
100
100
100
100
-----
-----
-----
-----
7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES
The directors loan account was in credit throughout the year. The loan is repayable on demand and no interest is charged .