Loughglynn Limited - Filleted accounts

Loughglynn Limited
Registered number:		08468862
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Current assets
Debtors	4	117,224			117,930
Cash at bank and in hand		45,022			56,220
		162,246			174,150

Creditors: amounts falling due within one year	5	(117,333)			(129,474)

Net current assets			44,913			44,676

Net assets			44,913			44,676

Capital and reserves
Called up share capital			100			100
Profit and loss account			44,813			44,576

Shareholders' funds			44,913			44,676

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




A Mee
Director
Approved by the board on 9 May 2026

Loughglynn Limited
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.


2	Employees	2026		2025
Number			Number

	Average number of persons employed by the company	2		2


3	Tangible fixed assets
				Plant and machinery etc
£
	Cost
	At 1 April 2025			3,774
	At 31 March 2026			3,774

	Depreciation
	At 1 April 2025			3,774
	At 31 March 2026			3,774

	Net book value
	At 31 March 2026			-




4	Debtors	2026		2025
£			£

	Trade debtors	117,224		117,930


5	Creditors: amounts falling due within one year	2026		2025
£			£

	Corporation tax	261		5,380
	Other taxes and social security costs	19,561		19,171
	Other creditors	97,511		104,923
		117,333		129,474


6	Other information

	Loughglynn Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Lough Lynn
	Bunstrux
	Tring
	Hertfordshire
	HP23 4HT