REGISTERED NUMBER: 04450380 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2025

for

Great Glens Facility Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

F L Foulds

Mrs J T Foulds

D Foulds

Mrs M L Atkinson

REGISTERED OFFICE:

Carlton House

High Street

Higham Ferrers

Northamptonshire

NN10 8BW

REGISTERED NUMBER:

04450380 (England and Wales)

ACCOUNTANTS:

Willsons

Chartered Accountants

Carlton House

High Street

Higham Ferrers

Northamptonshire

NN10 8BW

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

124,917

68,150

124,917

68,150

CURRENT ASSETS

Debtors

6

8,899

16,110

Cash at bank

72,504

19,723

81,403

35,833

CREDITORS

Amounts falling due within one year

7

154,681

102,406

NET CURRENT LIABILITIES

(73,278

)

(66,573

)

TOTAL ASSETS LESS CURRENT LIABILITIES

51,639

1,577

PROVISIONS FOR LIABILITIES

16,823

-

NET ASSETS

34,816

1,577

CAPITAL AND RESERVES

Called up share capital

1,100

1,100

Retained earnings

33,716

477

SHAREHOLDERS' FUNDS

34,816

1,577

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 14 April 2026 and were signed on its behalf by:

D Foulds - Director

1.	STATUTORY INFORMATION

Great Glens Facility Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the total fees received in the relevant accounting period, adjusted for any amount outstanding at the beginning and end of the year. Turnover is recognised when it is deemed that care and support has been provided.

Goodwill

Goodwill arising on business combinations has been capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful life. The Goodwill that was capitalised in 2002 was fully amortised over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

10% on cost

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% on reducing balance

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

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 or deferred taxation assets and liabilities are not discounted.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Going concern

The Directors believe that the company will have adequate resources to meet its liabilities as they fall due and so believe the company will operate as a going concern for a period of at least twelve months from the date of these financial statements. The Directors therefore consider it appropriate to continue to adopt the going concern basis in the preparation of these accounts.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2024 - 19 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 August 2024

and 31 July 2025

200,000

AMORTISATION

At 1 August 2024

and 31 July 2025

200,000

NET BOOK VALUE

At 31 July 2025

-

At 31 July 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 August 2024

91,314

28,131

2,153

121,598

Additions

63,686

12,132

602

76,420

Disposals

-

(656

)

(1,483

)

(2,139

)

At 31 July 2025

155,000

39,607

1,272

195,879

DEPRECIATION

At 1 August 2024

34,248

17,486

1,714

53,448

Charge for year

15,500

3,995

158

19,653

Eliminated on disposal

-

(656

)

(1,483

)

(2,139

)

At 31 July 2025

49,748

20,825

389

70,962

NET BOOK VALUE

At 31 July 2025

105,252

18,782

883

124,917

At 31 July 2024

57,066

10,645

439

68,150

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

8,899

15,001

Prepayments

-

1,109

8,899

16,110

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Corporation Tax

67,818

54,574

Other creditors

3,432

6,589

PAYE control a/c

9,280

8,117

Directors' current accounts

70,280

29,135

Accrued expenses

3,871

3,991

154,681

102,406

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.7.25

31.7.24

£

£

Within one year

12,263

6,159

Between one and five years

36,047

7,039

48,310

13,198

9.	RELATED PARTY DISCLOSURES

During the year the company paid rent of £1,500 (2024 £1,500) to three of the directors of the company for the use of premises.