Registration number: 01517497

Glengorse Court Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 5

Glengorse Court Limited

Company Information

Directors

M H Cornes P R Drayton Mrs J H Bass

Company secretary

Mrs K A Cornes

Registered office

3 Glengorse Court Glengorse Battle East Sussex TN33 0TX

Accountants

Manningtons Chartered Accountants39 High Street Battle East Sussex TN33 0EE

Glengorse Court Limited

(Registration number: 01517497)
Balance Sheet as at 29 September 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	1,464	1,464
Current assets
Cash at bank and in hand		9,575	7,167
Creditors: Amounts falling due within one year	5	(5,415)	(4,071)
Net current assets		4,160	3,096
Net assets		5,624	4,560
Capital and reserves
Called up share capital		8	8
Share premium reserve		1,992	1,992
Retained earnings		3,624	2,560
Shareholders' funds		5,624	4,560

For the financial year ending 29 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 11 November 2025 and signed on its behalf by:
 

......................................... M H Cornes Director

Glengorse Court Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 September 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
3 Glengorse Court
Glengorse
Battle
East Sussex
TN33 0TX

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentation currency of the financial statements is the Pound Sterling (£).

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for charges made to tenants in the ordinary course of the company’s activities.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Glengorse Court Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 September 2025

Asset class	Depreciation method and rate
Land and buildings freehold	No depreciation is provided on the freehold property as its residual value is estimated to be in excess of its historic cost and maintenance costs are charged to the profit and loss account as incurred.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2024 - 4).

Glengorse Court Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 September 2025

4	Tangible assets

	Land and buildings £	Total £
Cost or valuation
At 30 September 2024	1,464	1,464
At 29 September 2025	1,464	1,464
Depreciation
Carrying amount
At 29 September 2025	1,464	1,464
At 29 September 2024	1,464	1,464

Included within the net book value of land and buildings above is £1,464 (2024 - £1,464) in respect of freehold land and buildings.
 

5

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Maintenance contributions in advance	4,875	3,375
Other creditors	540	696
	5,415	4,071