| Glenview Developments (NI) Limited |
| Registered Number:NI047128 |
For the year ended 31 March 2025
Northern Ireland
Unaudited Financial Statements
For the year ended 31 March 2025
Glenview Developments (NI) Limited
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
Glenview Developments (NI) Limited
Statement of Financial Position
2024
2025
1,406,294
1,685,289
2
| Trade and other receivables |
947,009
1,163,768
3
1,511,414
| Cash and cash equivalents |
1,377,555
4,226,612
3,864,717
| Trade and other payables: amounts falling due within one |
| year |
(520,252)
(567,687)
4
3,344,465
3,658,925
Net current assets
| Total assets less current liabilities |
3,658,925
3,344,465
| Trade and other payables: amounts falling due after more |
| than one year |
(4,691,571)
(4,681,969)
5
(1,023,044)
Net liabilities
(1,347,106)
2
2
(1,023,046)
(1,347,108)
(1,023,044)
(1,347,106)
Shareholders' funds
| For the year ended 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 28 November 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
Glenview Developments (NI) Limited
Notes to the Financial Statements
Statutory Information
| Glenview Developments (NI) Limited is a private limited company, limited by shares, domiciled in Northern Ireland, |
| registration number NI047128. |
54 Ballymacauley Road
Seagahan
Armagh
County Armagh
BT60 2EZ
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Inventories
| Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
2024
2025
1,685,289
1,406,294
| 3. Trade and other receivables |
2024
2025
276,779
-
886,989
947,009
947,009
1,163,768
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For the year ended 31 March 2025
Glenview Developments (NI) Limited
Notes to the Financial Statements Continued
| 4. Trade and other payables: amounts falling due within one year |
2024
2025
12,000
12,000
509,394
506,003
| Taxation and social security |
44,044
-
| Accruals and deferred income |
2,249
2,249
567,687
520,252
| 5. Trade and other payables: amounts falling due after more than one year |
2024
2025
1,670
11,272
3,499,755
3,499,755
1,180,544
1,180,544
4,681,969
4,691,571
| 6. Average number of persons employed |
During the year the average number of employees was 0
| The company transitioned to FRS 102 from previously extant UK GAAP as at the 1 March 2016. There was no |
| impact from the transition to FRS 102 on the previous financial year which requires adjusting. |
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