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Registration number: 02356254

Glen Vine Investments Limited
Unaudited Filleted Abridged Financial Statements
for the Year Ended 30 April 2025

Glen Vine Investments Limited

Contents

Company Information | 1
Abridged Balance Sheet | 2 to 3
Notes to the Unaudited Abridged Financial Statements | 4 to 7

Glen Vine Investments Limited

Company Information

Directors | Mr R J Dennehy Mrs R Dennehy

Company secretary | Mrs R Dennehy

Registered office | Office 1 The Coach House 24-26 Station Road Shirehampton Bristol BS11 9TX

Accountants | Xeinadin Accountants Office 1 The Coach House 24-26 Station Road Shirehampton Bristol BS11 9TX

Glen Vine Investments Limited

(Registration number: 02356254)
Abridged Balance Sheet as at 30 April 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 790,000 | 790,640
Current assets |  |  |
Debtors | 5 | 2,231 | 1,933
Cash at bank and in hand |  | 264,721 | 360,289
|  | 266,952 | 362,222
Prepayments and accrued income |  | 881 | 417
Creditors: Amounts falling due within one year |  | (189,037) | (315,786)
Net current assets |  | 78,796 | 46,853
Total assets less current liabilities |  | 868,796 | 837,493
Provisions for liabilities |  | (70,802) | (70,802)
Accruals and deferred income |  | (1,810) | (1,810)
Net assets |  | 796,184 | 764,881
Capital and reserves |  |  |
Called up share capital | 6 | 2 | 2
Other reserves |  | 285,321 | 285,321
Retained earnings |  | 510,861 | 479,558
Shareholders' funds |  | 796,184 | 764,881

For the financial year ending 30 April 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been 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 14 January 2026 and signed on its behalf by:

Glen Vine Investments Limited

(Registration number: 02356254)
Abridged Balance Sheet as at 30 April 2025

......................................... Mr R J Dennehy Director

Glen Vine Investments Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 April 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:
Office 1 The Coach House
24-26 Station Road
Shirehampton
Bristol
BS11 9TX

The principal place of business is:
Beaufort Court
1 Beaufort Street
Bristol
BS5 0SQ

These financial statements were authorised for issue by the Board on 14 January 2026.

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 abridged 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 abridged 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.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
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.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Glen Vine Investments Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 April 2025

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

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:

Asset class | Depreciation method and rate
Plant and machinery | 15% on reducing balance
Fixtures, fittings and equipment | 15% on reducing balance

Investment property

The company's properties are held for long term investment and are accounted for as follows :
No depreciation is provided in respect of investment properties and they are revalued annually. The surplus or deficit on revaluation is transferred to the non-distributable reserves unless a deficit below original cost, or its reversal, on an individual investment property is expected to be permanent, in which case it is recognised in the profit and loss account.
This treatment as regards the company's investment properties may be a departure from the requirements of the Companies Act concerning depreciation of fixed assets. However, these properties are not held for consumption but for investment and the directors consider that systematic annual depreciation would be inappropriate. The accounting policy adopted is therefore necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount which might otherwise have been shown cannot be seperately identified or quantified.

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 debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Glen Vine Investments Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 April 2025

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.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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 2 (2024 - 2).

4 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Other tangible assets £ | Total £
Cost or valuation
At 1 May 2024 | 790,000 | 11,830 | 4,500 | 806,330
At 30 April 2025 | 790,000 | 11,830 | 4,500 | 806,330
Depreciation
At 1 May 2024 | - | 11,484 | 4,206 | 15,690
Charge for the year | - | 346 | 294 | 640
At 30 April 2025 | - | 11,830 | 4,500 | 16,330
Carrying amount
At 30 April 2025 | 790,000 | - | - | 790,000
At 30 April 2024 | 790,000 | 346 | 294 | 790,640

Included within the net book value of land and buildings above is £790,000 (2024 - £790,000) in respect of freehold land and buildings.

Revaluation

Glen Vine Investments Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 April 2025

The fair value of the company's freehold property was revalued on 30 April 2024. An independent valuer was not involved.
The investment properties held by the company were revalued on 30 April 2024 by the company director ( R J Dennehy ) who is internal to the company. The basis of valuation was that of an open market valuation basis.
.
Had this class of asset been measured on a historical cost basis, the carrying amount would have been £312,508 (2024 - £312,508).

5 | Debtors

Debtors includes £Nil (2024 - £Nil) due after more than one year.

6 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 2 | 2 | 2 | 2