Company registration number: 11293628
Annual report and unaudited financial statements
for the year ended 30 April 2023
for
Glendine UK Estates Limited
Pages for filing with the Registrar
Company registration number: 11293628
Glendine UK Estates Limited
Balance sheet
as at 30 April 2023
2023 2022
Note £ £ £ £
Current assets
Debtors 4 694,421 297,007
Cash at bank and in hand 220 181
694,641 297,188
Creditors: amounts falling due within one year
5 (50,233,618) (50,169,124)
Net current liabilities (49,538,977) (49,871,936)
NET LIABILITIES (49,538,977) (49,871,936)
Capital and reserves
Called up share capital 100 100
Profit and loss account (49,539,077) (49,872,036)
TOTAL EQUITY (49,538,977) (49,871,936)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 April 2023.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr H GWYN-JONES, Director
16 September 2026
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Glendine UK Estates Limited
Notes to the financial statements
for the year ended 30 April 2023
1 Company information
Glendine UK Estates Limited is a private company registered in England and Wales. Its registered number is 11293628. The company is limited by shares. Its registered office is Apartment 1, New Wardour Castle, Sailsbury, Wiltshire, SP3 6RH.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
3 Average number of employees
During the year the average number of employees was Nil (2022 - Nil).
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Glendine UK Estates Limited
Notes to the financial statements - continued
for the year ended 30 April 2023
4 Debtors
2023 2022
£ £
Trade debtors 33,964 1,029
Amounts owed by group undertakings 295,988 295,978
Other debtors 364,469 -
694,421 297,007
5 Creditors: amounts falling due within one year
2023 2022
£ £
Trade creditors 32,556 32,556
Amounts owed to group undertakings 50,057,990 50,087,990
Taxation 100,360 30,366
Accruals and deferred income 42,712 18,212
50,233,618 50,169,124
6 Related party transactions
At the year-end there was an amount owing to companies under common control of the director of £49,899,804 (2022: £49,929,804)
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