REGISTERED NUMBER: 01166976 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Glanmor Park Flats Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P Burgin

Dr P J Coyle

Mrs E M Wood

Mr J Seith

REGISTERED OFFICE:

First Floor

1 St John's Court

Upper Fforest Way

Enterprise Park

Swansea

SA6 8QQ

REGISTERED NUMBER:

01166976 (England and Wales)

ACCOUNTANTS:

Ashmole & Co

First Floor

1 St John's Court

Upper Fforest Way

Enterprise Park

Swansea

SA6 8QQ

FIXED ASSETS

Tangible assets

4

12,889

13,809

CURRENT ASSETS

Debtors

5

143,600

104,728

Cash at bank and in hand

38,112

26,871

181,712

131,599

CREDITORS

Amounts falling due within one year

6

22,783

14,233

NET CURRENT ASSETS

158,929

117,366

TOTAL ASSETS LESS CURRENT LIABILITIES

171,818

131,175

RESERVES

Property Reserve

14,525

14,525

Income and expenditure account

157,293

116,650

171,818

131,175

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 surplus or deficit 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 Board of Directors and authorised for issue on 23 July 2025 and were signed on its behalf by:

Mr P Burgin - Director

1.	STATUTORY INFORMATION

Glanmor Park Flats Limited is a private company, limited by guarantee , 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.

The Company is a non-profit making Flat Management Company.

Turnover

Turnover consists of Members Contributions towards Maintenance and Repairs

Tangible fixed assets

No depreciation is provided for on freehold property.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 January 2024

13,809

Disposals

(920

)

At 31 December 2024

12,889

NET BOOK VALUE

At 31 December 2024

12,889

At 31 December 2023

13,809

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

718

3,671

Other debtors

142,882

101,057

143,600

104,728

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Payments in advance

17,715

9,056

Taxation and social security

2,502

2,254

Other creditors

2,566

2,923

22,783

14,233