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REGISTERED NUMBER: 11243239 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

GLEBE CONSTRUCTION LTD

GLEBE CONSTRUCTION LTD (REGISTERED NUMBER: 11243239)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GLEBE CONSTRUCTION LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTOR: A J Gallagher





REGISTERED OFFICE: Unit 6a, Northfields Business Park
Forge Way
Parkgate
Rotherham
South Yorkshire
S60 1SD





REGISTERED NUMBER: 11243239 (England and Wales)





ACCOUNTANTS: Jones Francis Limited
400-402 Richmond Road
Sheffield
South Yorkshire
S13 8LZ

GLEBE CONSTRUCTION LTD (REGISTERED NUMBER: 11243239)

BALANCE SHEET
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 350 466
Investment property 5 100,000 100,000
100,350 100,466

CURRENT ASSETS
Debtors 6 15,476 24,105
Cash at bank 2,130 -
17,606 24,105
CREDITORS
Amounts falling due within one year 7 10,608 15,444
NET CURRENT ASSETS 6,998 8,661
TOTAL ASSETS LESS CURRENT
LIABILITIES

107,348

109,127

CREDITORS
Amounts falling due after more than
one year

8

(20,665

)

(21,862

)

PROVISIONS FOR LIABILITIES (9,139 ) (6,955 )
NET ASSETS 77,544 80,310

GLEBE CONSTRUCTION LTD (REGISTERED NUMBER: 11243239)

BALANCE SHEET - continued
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 10 10
Fair value reserve 9 27,106 29,275
Retained earnings 50,428 51,025
77,544 80,310

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 25 June 2025 and were signed by:





A J Gallagher - Director


GLEBE CONSTRUCTION LTD (REGISTERED NUMBER: 11243239)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Glebe Construction 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 as modified by the revaluation of certain assets.

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.
Fixtures and fittings - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

GLEBE CONSTRUCTION LTD (REGISTERED NUMBER: 11243239)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2024
and 31 March 2025 720
DEPRECIATION
At 1 April 2024 254
Charge for year 116
At 31 March 2025 370
NET BOOK VALUE
At 31 March 2025 350
At 31 March 2024 466

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024
and 31 March 2025 100,000
NET BOOK VALUE
At 31 March 2025 100,000
At 31 March 2024 100,000

Fair value at 31 March 2025 is represented by:
£   
Valuation in 2023 21,141
Valuation in 2024 15,000
Cost 63,859
100,000

GLEBE CONSTRUCTION LTD (REGISTERED NUMBER: 11243239)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Amounts owed by participating interests 11,476 16,871
Other debtors 4,000 7,234
15,476 24,105

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 9,737 9,954
Taxation and social security 44 4,758
Other creditors 827 732
10,608 15,444

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans 20,665 21,862

9. RESERVES
Fair
value
reserve
£   
At 1 April 2024 29,275
Fair Value Movement (2,169 )

At 31 March 2025 27,106

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25 31.3.24
£    £   
A J Gallagher
Balance outstanding at start of year - 9,933
Amounts repaid - (9,933 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

GLEBE CONSTRUCTION LTD (REGISTERED NUMBER: 11243239)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A J Gallagher.