Gloria Yard Limited 12865701 true 2025-01-01 2025-12-31 2025-12-31 The principal activity of the company is Buying and selling of own real estate Digita Accounts Production Advanced 6.30.9574.0 true Mr James Bryan Randall 12865701 2025-01-01 2025-12-31 12865701 2025-12-31 12865701 core:RetainedEarningsAccumulatedLosses 2025-12-31 12865701 core:ShareCapital 2025-12-31 12865701 core:CurrentFinancialInstruments 2025-12-31 12865701 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 12865701 bus:FRS102 2025-01-01 2025-12-31 12865701 bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 12865701 bus:FullAccounts 2025-01-01 2025-12-31 12865701 bus:RegisteredOffice 2025-01-01 2025-12-31 12865701 bus:Director1 2025-01-01 2025-12-31 12865701 bus:EntityNoLongerTradingButTradedInPast 2025-01-01 2025-12-31 12865701 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 12865701 countries:EnglandWales 2025-01-01 2025-12-31 12865701 2024-12-31 12865701 2024-12-31 12865701 core:RetainedEarningsAccumulatedLosses 2024-12-31 12865701 core:ShareCapital 2024-12-31 12865701 core:CurrentFinancialInstruments 2024-12-31 12865701 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 iso4217:GBP

Registration number: 12865701

Gloria Yard Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 31 December 2025

Gloria Yard Limited

Profit and Loss Account for the Year Ended 31 December 2025

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

Gloria Yard Limited

(Registration number: 12865701)
Balance Sheet as at 31 December 2025

| Note | 2025 £ | 2024 £
Fixed Assets |  |  |
Investment property | 3 | 427,600 | 427,600
Current assets |  |  |
Debtors | 4 | 8,979 | 8,979
Creditors: Amounts falling due within one year | 5 | (420,967) | (420,967)
Net current liabilities |  | (411,988) | (411,988)
Net assets |  | 15,612 | 15,612
Capital and Reserves |  |  |
Called up share capital |  | 2 | 2
Retained Earnings |  | 15,610 | 15,610
Shareholders' funds |  | 15,612 | 15,612

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's 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 director acknowledges his 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 provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the director on 1 May 2026

......................................... Mr James Bryan Randall Director

Gloria Yard Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 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:
Ground Floor
19 New Road
Brighton
East Sussex
BN1 1UF
United Kingdom

These financial statements were authorised for issue by the director on 1 May 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 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.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

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.

Gloria Yard Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 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.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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 | Investment properties

| 2025 £
At 1 January | 427,600

The company's investment properties at 30 September 2022 are held at open market values. The investment properties were valued by Mr J Randall, director.

4 | Debtors

Current | 2025 £ | 2024 £
Other debtors | 8,979 | 8,979
| 8,979 | 8,979

Gloria Yard Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

5 | Creditors

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 6 | 415,580 | 415,580
Trade Creditors |  | 877 | 877
Accruals |  | 750 | 750
Corporation tax liability |  | 3,760 | 3,760
|  | 420,967 | 420,967

6 | Loans and borrowings

Current loans and borrowings

| 2025 £ | 2024 £
Other borrowings | 415,580 | 415,580