GLENAGOWAN ASSET MANAGEMENT LIMITED

Company Registration Number:
14076359 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2025

Period of accounts

Start date: 01 May 2024

End date: 30 April 2025

GLENAGOWAN ASSET MANAGEMENT LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2025

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

GLENAGOWAN ASSET MANAGEMENT LIMITED

Company Information

for the Period Ended 30 April 2025




Director: K D McCarthy
J L McCarthy
Registered office: The Small House
Siston Court
Mangotsfield
Bristol
England
BS16 9LU
Company Registration Number: 14076359 (England and Wales)

GLENAGOWAN ASSET MANAGEMENT LIMITED

Directors' Report Period Ended 30 April 2025

The directors present their report with the financial statements of the company for the period ended 30 April 2025

Directors

The directors shown below have held office during the whole of the period from 01 May 2024 to 30 April 2025
K D McCarthy
J L McCarthy

This report was approved by the board of directors on 5 August 2025
And Signed On Behalf Of The Board By:

Name: K D McCarthy
Status: Director

Name: J L McCarthy
Status: Director

GLENAGOWAN ASSET MANAGEMENT LIMITED

Profit and Loss Account

for the Period Ended 30 April 2025


Notes

2025
£

2024
£
Administrative Expenses ( 137,672 ) ( 120,813 )
Other operating income 136,911 142,746
Operating Profit or (Loss) ( 761 ) 21,933
Interest Receivable and Similar Income 3,552 1,047
Profit or (Loss) Before Tax 2,791 22,980
Tax on Profit ( 530 ) ( 4,366 )
Profit or (Loss) for Period 2,261 18,614

The notes form part of these financial statements

GLENAGOWAN ASSET MANAGEMENT LIMITED

Balance sheet

As at 30 April 2025


Notes

2025
£

2024
£
Fixed assets
Tangible assets: 4 2,152,548 2,153,396
Total fixed assets: 2,152,548 2,153,396
Current assets
Debtors: 5 78,105 25,093
Cash at bank and in hand: 880,690 84,982
Total current assets: 958,795 110,075
Creditors: amounts falling due within one year: 6 ( 2,250,449 ) ( 2,200,000 )
Net current assets (liabilities): ( 1,291,654 ) ( 2,089,925 )
Total assets less current liabilities: 860,894 63,471
Creditors: amounts falling due after more than one year: 7 ( 858,000 )
Total net assets (liabilities): 2,894 63,471

The notes form part of these financial statements

GLENAGOWAN ASSET MANAGEMENT LIMITED

Balance sheet continued

As at 30 April 2025


Notes

2025
£

2024
£
Capital and reserves
Called up share capital: 103 103
Profit and loss account: 2,791 63,368
Shareholders funds: 2,894 63,471

For the year ending 30 April 2025 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.

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

This report was approved by the board of directors on 5 August 2025
And Signed On Behalf Of The Board By:

Name: K D McCarthy
Status: Director

Name: J L McCarthy
Status: Director

The notes form part of these financial statements

GLENAGOWAN ASSET MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

  • 1. Accounting policies

    Basis of measurement and preparation

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

GLENAGOWAN ASSET MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

  • 2. Employees


    2025

    2024
    Average number of employees during the period 1 1

GLENAGOWAN ASSET MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

  • 3. Off balance sheet disclosure

    No

GLENAGOWAN ASSET MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Total
Cost £ £ £ £ £
At 01 May 2024 2,151,432 747 197 1,020 2,153,396
Additions - - - - -
Disposals - - - - -
Revaluations - - - - -
Transfers - - - - -
At 30 April 2025 2,151,432 747 197 1,020 2,153,396
Depreciation
At 01 May 2024 0 0 0 0 0
Charge for year 0 373 98 377 848
On disposals - - - - -
Other adjustments - - - - -
At 30 April 2025 0 373 98 377 848
Net book value
At 30 April 2025 2,151,432 374 99 643 2,152,548
At 30 April 2024 2,151,432 747 197 1,020 2,153,396

GLENAGOWAN ASSET MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

5. Debtors


2025
£

2024
£
Trade debtors 18,002 15,740
Prepayments and accrued income 103 103
Other debtors 60,000 9,250
Total 78,105 25,093

GLENAGOWAN ASSET MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

6.Creditors: amounts falling due within one year note


2025
£

2024
£
Trade creditors 6,186 0
Other creditors 2,244,263 2,200,000
Total 2,250,449 2,200,000

GLENAGOWAN ASSET MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

7.Creditors: amounts falling due after more than one year


2025
£

2024
£
Bank loans and overdrafts 858,000
Total 858,000