Glent Finance Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08767532

Glent Finance Limited

Filleted Unaudited Financial Statements

30 November 2025

Glent Finance Limited

Financial Statements

Year Ended 30 November 2025

Contents	Page

Chartered Accountant's Report to the Director on the Preparation of the Unaudited Statutory Financial Statements	1

Statement of Financial Position	2

Notes to the Financial Statements	4

Glent Finance Limited

Chartered Accountant's Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of Glent Finance Limited

Year Ended 30 November 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Glent Finance Limited for the year ended 30 November 2025, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the director of Glent Finance Limited in accordance with the terms of our engagement letter dated 9 September 2025. Our work has been undertaken solely to prepare for your approval the financial statements of Glent Finance Limited and state those matters that we have agreed to state to you in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Glent Finance Limited and its director for our work or for this report.

It is your duty to ensure that Glent Finance Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Glent Finance Limited. You consider that Glent Finance Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Glent Finance Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

WYATT & CO Chartered accountants

125 Main Street Garforth Leeds LS25 1AF

26 August 2026

Glent Finance Limited

Statement of Financial Position

30 November 2025

	2025		2024
Note	£	£	£

Current Assets

Debtors	4	25,683	31,204
Cash at bank and in hand		389	5,417
		---------	---------
		26,072	36,621

Creditors: amounts falling due within one year	5	20,877		32,821
		---------		---------
Net Current Assets			5,195	3,800
			--------	--------
Total Assets Less Current Liabilities			5,195	3,800
			--------	--------
Net Assets			5,195	3,800
			--------	--------

Capital and Reserves

Called up share capital	10	10
Profit and loss account	5,185	3,790
	--------	--------
Shareholders Funds	5,195	3,800
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Glent Finance Limited

Statement of Financial Position (continued)

30 November 2025

These financial statements were approved by the board of directors and authorised for issue on 26 August 2026 , and are signed on behalf of the board by:

P Colman
Director

Company registration number: 08767532

Glent Finance Limited

Notes to the Financial Statements

Year Ended 30 November 2025

1. General Information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 125 Main Street, Garforth, Leeds, LS25 1AF.

2. Statement of Compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting Policies

Basis of Preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Income Tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Financial Instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4. Debtors

	2025	2024
	£	£
Other debtors	25,683	31,204
	---------	---------

5. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	202	–
Other creditors	20,675	32,821
	---------	---------
	20,877	32,821
	---------	---------

6. Director's Advances, Credits and Guarantees

During the year, the director provided a loan to the company. The opening and highest balance was £20,585 and the closing balance was £7,485. The loan was interest free and repayable on demand.

7. Related Party Transactions

During the year, the company provided a loan to Glent Properties Limited, a company in which the director has an interest. The Opening, balance was £196,987 and the closing and highest balance was £192,000. Interest of £6,989 (2024 £5,776) had accrued at the year end. The company also provided a loan to Glent Oakwood Limited, a company in which the director has an interst. The opening and highest balance was £85,000 and the closing balance was £69,000. There was accrued interest of £2,211 (2024 £2,949) at the year end. The company also received a loan from to Glent Rentals Ltd, a company in which the director has an interest. The opening and highest balance was £356,500 and the closing balance was £341,700. There was accrued interest payable of £12,546 (2024 £11,612) at the year end. During the year, the company provided a loan to Glent Investments Ltd, a company in which the director has an interest. The opening and highest balance was £96,500 and the closing balance was £94,000. At the year end there was accrued interest of £3,183 (2024 £491).