Glew Estates Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 14024354

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		665,000		886,025
Investments	5		49		49

			665,049		886,074
CURRENT ASSETS
Debtors	6	446,988		-
Cash at bank and in hand		40,612		451

		487,600		451
Creditors: Amounts Falling Due Within One Year	7	(144,400 )		(1,037,212 )

NET CURRENT ASSETS (LIABILITIES)			343,200		(1,036,761 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,008,249		(150,687 )

Creditors: Amounts Falling Due After More Than One Year	8		(605,100 )		-

NET ASSETS/(LIABILITIES)			403,149		(150,687 )

CAPITAL AND RESERVES
Called up share capital	9		50		50
Profit and Loss Account			403,099		(150,737 )

SHAREHOLDERS' FUNDS			403,149		(150,687)

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Glew Estates Ltd

Balance Sheet (continued)

As At 31 March 2025

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 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Dr Simon Glew

Director

03/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Glew Estates Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14024354 . The registered office is 86 Church Road, Hove, BN3 2EB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Investment Property

	2025
	£
Fair Value
As at 1 April 2024	886,025
Additions	353,574
Disposals	(495,000 )
Revaluations	(79,599)

As at 31 March 2025	665,000

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Glew Estates Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Investments

	Subsidiaries
	£
Cost or Valuation
As at 1 April 2024	49

As at 31 March 2025	49

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	49

As at 1 April 2024	49

6. Debtors

	2025	2024
	£	£
Due within one year
Amounts owed by group undertakings	446,988	-

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	-	470,838
Amounts owed to group undertakings	-	566,374
Other creditors	144,400	-

	144,400	1,037,212

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	591,000	-
Other creditors	14,100	-

	605,100	-

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	50	50

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