Company Registration No. 10385214 (England and Wales)
Glenn Ford Private Finance Limited
Unaudited accounts
for the year ended 31 March 2025
Glenn Ford Private Finance Limited
Unaudited accounts
Contents
Glenn Ford Private Finance Limited
Company Information
for the year ended 31 March 2025
Company Number
10385214 (England and Wales)
Registered Office
126 MALING EXCHANGE
HOULTS YARD
NEWCASTLE UPON TYNE
NE6 2HL
UNITED KINGDOM
Accountants
SHO Accountancy Limited
29 Lister Street
Ilkley
West Yorkshire
LS29 9ET
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Glenn Ford Private Finance Limited for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Glenn Ford Private Finance Limited for the year ended
31 March 2025 as set out on pages
5 -
7 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 icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
SHO Accountancy Limited
Chartered Accountants
29 Lister Street
Ilkley
West Yorkshire
LS29 9ET
28 July 2025
Glenn Ford Private Finance Limited
Statement of financial position
as at 31 March 2025
Tangible assets
1,271
2,576
Cash at bank and in hand
101,095
143,205
Creditors: amounts falling due within one year
(8,972)
(18,330)
Net current assets
92,623
125,925
Total assets less current liabilities
93,894
128,501
Creditors: amounts falling due after more than one year
-
(17,333)
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
93,651
110,675
Shareholders' funds
93,652
110,676
For the year ending 31 March 2025 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 July 2025 and were signed on its behalf by
Glenn Ford
Director
Company Registration No. 10385214
Glenn Ford Private Finance Limited
Notes to the Accounts
for the year ended 31 March 2025
Glenn Ford Private Finance Limited is a private company, limited by shares, registered in England and Wales, registration number 10385214. The registered office is 126 MALING EXCHANGE, HOULTS YARD, NEWCASTLE UPON TYNE, NE6 2HL, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Glenn Ford Private Finance Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
8,507
7,172
15,679
At 31 March 2025
8,507
7,172
15,679
At 1 April 2024
6,389
6,714
13,103
Charge for the year
1,205
100
1,305
At 31 March 2025
7,594
6,814
14,408
At 31 March 2025
913
358
1,271
At 31 March 2024
2,118
458
2,576
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
1,253
1,231
Taxes and social security
10,020
2,971
Loans from directors
(14,956)
2,083
7
Creditors: amounts falling due after more than one year
2025
2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Account
(2,083)
54,349
37,312
14,954
(2,083)
54,349
37,312
14,954
The overdrawn Directors Loan Account was repaid in full on 6th April 2026
9
Average number of employees
During the year the average number of employees was 3 (2024: 3).