REGISTERED NUMBER: 08130809 (England and Wales)

GLENMAY (SERVICES) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JULY 2024 TO 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

D Cornwall

REGISTERED OFFICE:

Glenmay

Nantgarw Road

Caerphilly

Caerphilly

CF83 1BW

REGISTERED NUMBER:

08130809 (England and Wales)

ACCOUNTANTS:

MHA (trading name of MHA Advisory Ltd)

Elfed House

Oak Tree Court

Cardiff Gate Business Park

CARDIFF

County of Cardiff

CF23 8RS

FIXED ASSETS

Tangible assets

4

216

980

Investment property

5

270,000

270,000

270,216

270,980

CURRENT ASSETS

Debtors

6

467

14,194

Cash at bank

325,361

326,088

325,828

340,282

CREDITORS

Amounts falling due within one year

7

(52,763

)

(64,946

)

NET CURRENT ASSETS

273,065

275,336

TOTAL ASSETS LESS CURRENT LIABILITIES

543,281

546,316

PROVISIONS FOR LIABILITIES

(8,753

)

(8,753

)

NET ASSETS

534,528

537,563

CAPITAL AND RESERVES

Called up share capital

8

100

100

Non-distributable reserve

38,721

38,721

Retained earnings

495,707

498,742

SHAREHOLDERS' FUNDS

534,528

537,563

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

The members have not required the company to obtain an audit of its financial statements for the period 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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 August 2025 and were signed by:

D Cornwall - Director

1.	STATUTORY INFORMATION

Glenmay (Services) 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.

The company's functional and presentational currency in the financial statements is the Sterling (£), rounded to the nearest pound.

The significant accounting policies applied in the presentation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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.

There have been no material departures from Financial Reporting Standard 102 1A.

Turnover

Turnover is comprised of amounts billed and billable in respect of electrical consultancy work undertaken during the year, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

Straight line over 3 years

Investment property

Investment properties are included at fair value. Gains are recognised in the profit and loss statement. Deferred taxation is provided on these gains at the rate expected to apply when the asset is sold.

Current tax

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the year and is calculated using the tax rates and laws that have been enacted or substantively enacted at 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 period 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.

Employee benefits

When employees have rendered service to the company, short-term employee benefits to which the employees are entitled to are recognised at the undiscounted amount expected to be paid in exchange for that service.

Non-derivative financial instruments

Basic financial instruments are recognised at amortised cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 July 2024

and 31 March 2025

2,872

DEPRECIATION

At 1 July 2024

1,892

Charge for period

764

At 31 March 2025

2,656

NET BOOK VALUE

At 31 March 2025

216

At 30 June 2024

980

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2024

and 31 March 2025

270,000

NET BOOK VALUE

At 31 March 2025

270,000

At 30 June 2024

270,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2025

270,000

The investment property was valued on a fair value basis at 31 March 2025 by the director who does not have formal valuation qualifications. In valuing the property the director considered sales prices of comparable properties in a similar area.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

13,386

Prepayments and accrued income

467

808

467

14,194

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Corporation tax

13,379

28,819

VAT

-

8,571

Director's current account

36,518

25,128

Accruals and deferred income

2,866

2,428

52,763

64,946

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100