REGISTERED NUMBER: NI055657 (Northern Ireland)

GLENELLY INVESTMENTS LIMITED

Unaudited Financial Statements for the Year Ended 30 June 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Emma Canavan

James Bleeks

REGISTERED OFFICE:

55A Coagh Road

Stewartstown

Co. Tyrone

BT71 5JH

REGISTERED NUMBER:

NI055657 (Northern Ireland)

ACCOUNTANTS:

Cooper Parry Advisory Limited

36-38 Northland Row

Dungannon

Co. Tyrone

BT71 6AP

NON-CURRENT ASSETS

Investment property

5

88,938

88,938

CURRENT ASSETS

Receivables: amounts falling due within one year

6

42,490

28,500

Receivables more than one year

6

478,618

464,938

Cash at bank

25,530

12,638

546,638

506,076

PAYABLES: AMOUNTS FALLING DUE WITHIN ONE YEAR

7

(452,844

)

(437,633

)

NET CURRENT ASSETS

93,794

68,443

TOTAL ASSETS LESS CURRENT LIABILITIES

182,732

157,381

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

182,730

157,379

SHAREHOLDERS' FUNDS

182,732

157,381

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the Company to obtain an audit of its financial statements for the year ended 30 June 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 16 October 2025 and were signed on its behalf by:

Emma Canavan - Director

1.	STATUTORY INFORMATION

Glenelly Investments Limited is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The Financial Statements are prepared under the historical cost convention modified when necessary to include the revaluation of certain fixed assets.

The accounting policies detailed below have been applied consistently throughout the year.

Revenue

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Cash flow statement

The company has availed of the exemption in FRS 102 Section 1A from the requirement to prepare a Statement of Cash Flows because it is classified as a small company.

Cash and cash equivalents

Cash and cash equivalents includes cash in hand and deposits held at call with banks and bank overdrafts. Bank overdrafts are shown within current liabilities.

Share capital

Ordinary Shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares are shown in equity as a deduction, net of tax, from the proceeds.

4.	EMPLOYEES AND DIRECTORS

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

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2024

and 30 June 2025

88,938

NET BOOK VALUE

At 30 June 2025

88,938

At 30 June 2024

88,938

6.	RECEIVABLES

2025

2024

£

£

Amounts falling due within one year:

Trade receivables

24,950

27,600

Amounts owed by connected companies

17,540

-

Prepayments

-

900

42,490

28,500

Amounts falling due after more than one year:

Trade receivables

478,618

464,938

Aggregate amounts

521,108

493,438

7.

PAYABLES: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to connected companies

45,560

42,560

Tax

1,464

99

Directors' current accounts

403,770

392,924

Accruals

2,050

2,050

452,844

437,633

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

1

2

2

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

A balance of £403,770 (2024 - £392,924 ) was owing from the company to the directors at the year end.