The Glasgow House Renting Company Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2

Registered number: SC113451

		2024
	Notes	£	£
FIXED ASSETS
Tangible Assets	4		459,570

			459,570
CURRENT ASSETS
Cash at bank and in hand		92,234

		92,234
Creditors: Amounts Falling Due Within One Year	5	(6,394 )

NET CURRENT ASSETS (LIABILITIES)			85,840

TOTAL ASSETS LESS CURRENT LIABILITIES			545,410

NET ASSETS			545,410

CAPITAL AND RESERVES
Called up share capital	6		145,340
Profit and Loss Account			400,070

SHAREHOLDERS' FUNDS			545,410

For the year ending 30 November 2024 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

Mr Alan Bruce

Director

31/05/2025

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

1. General Information

The Glasgow House Renting Company Limited is a private company, limited by shares, incorporated in Scotland, registered number SC113451 . The registered office is 378 Brandon Street, Motherwell, ML1 1XA.

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. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	no depreciation
Leasehold	no depreciation

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL

4. Tangible Assets

	Land & Property
	Leasehold
	£
Cost
As at 1 December 2023	459,570

As at 30 November 2024	459,570

Net Book Value
As at 30 November 2024	459,570

As at 1 December 2023	459,570

5. Creditors: Amounts Falling Due Within One Year

	2024
	£
Trade creditors	5,674
Other creditors	720

	6,394

6. Share Capital

	2024
	£
Allotted, Called up and fully paid	145,340