Glenare Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2

Registered number: NI700997

		31 March 2025		31 March 2024
	Notes	£	£	£	£
CURRENT ASSETS
Cash at bank and in hand		41		16

		41		16
Creditors: Amounts Falling Due Within One Year	4	(180 )		-

NET CURRENT ASSETS (LIABILITIES)			(139 )		16

TOTAL ASSETS LESS CURRENT LIABILITIES			(139 )		16

Creditors: Amounts Falling Due After More Than One Year	5		(500 )		(200 )

NET LIABILITIES			(639 )		(184 )

CAPITAL AND RESERVES
Called up share capital	6		100		100
Profit and Loss Account			(739 )		(284 )

SHAREHOLDERS' FUNDS			(639)		(184)

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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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

M F Mulholland

Director

22 August 2025

The notes on page 2 form part of these financial statements.

1. General Information

Glenare Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI700997 . The registered office is c/o SJK Chartered Accountants, 8 Bridge Road, Moira, Co. Armagh, BT67 0PF.

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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 March 2024
	£	£
Accruals and deferred income	180	-

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

	31 March 2025	31 March 2024
	£	£
Directors loan account	500	200

6. Share Capital

	31 March 2025	31 March 2024
	£	£
Allotted, Called up and fully paid	100	100

7. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
Mr Mark Francis Mulholland	200	300	-	-	500

The company owes £500 (2024: £200) to the director at year end. These loans are repayable on demand and non-interest bearing.