REGISTERED NUMBER: 03159471 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Glendales Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S Cotter

M G Cotter

S D Cotter

SECRETARY:

Mrs S Cotter

REGISTERED OFFICE:

82 Blackdyke Road

Kingstown Industrial Estate

Carlisle

CA3 0PJ

REGISTERED NUMBER:

03159471 (England and Wales)

ACCOUNTANT:

CWH Accounting

Mount Pleasant

Heads Nook

Brampton

Carlisle

Cumbria

CA8 9EH

FIXED ASSETS

Tangible assets

4

27,022

41,879

CURRENT ASSETS

Stocks

9,800

14,600

Debtors

5

412,578

413,660

Cash at bank and in hand

574,817

479,616

997,195

907,876

CREDITORS

Amounts falling due within one year

6

350,228

316,205

NET CURRENT ASSETS

646,967

591,671

TOTAL ASSETS LESS CURRENT LIABILITIES

673,989

633,550

CREDITORS

Amounts falling due after more than one year

7

(1,174

)

(12,256

)

PROVISIONS FOR LIABILITIES

(6,756

)

(10,470

)

NET ASSETS

666,059

610,824

CAPITAL AND RESERVES

Called up share capital

100

100

Other reserves

4,440

4,440

Retained earnings

661,519

606,284

666,059

610,824

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 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 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 Board of Directors and authorised for issue on 3 September 2025 and were signed on its behalf by:

M G Cotter - Director

1.	STATUTORY INFORMATION

Glendales Limited 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.

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.

Plant and machinery etc

-

25% on cost, 20% on cost and 10% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

282,867

DEPRECIATION

At 1 April 2024

240,988

Charge for year

14,857

At 31 March 2025

255,845

NET BOOK VALUE

At 31 March 2025

27,022

At 31 March 2024

41,879

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

10,567

11,650

Amounts owed by associates

402,011

402,010

412,578

413,660

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

10,195

10,195

Trade creditors

212,484

123,874

Taxation and social security

52,532

33,139

Other creditors

75,017

148,997

350,228

316,205

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

1,174

12,256

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.25

31.3.24

£

£

Within one year

17,388

12,803

Between one and five years

26,477

20,112

43,865

32,915