REGISTERED NUMBER: 06381812 (England and Wales)

Glenn Miller Builders Limited

Unaudited Financial Statements for the Year Ended 30 November 2024

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

G M Miller

REGISTERED OFFICE:

141 Mackenzie Road

Beckenham

Bromley

Kent

BR3 4SB

REGISTERED NUMBER:

06381812 (England and Wales)

ACCOUNTANTS:

Aggarwal & Co

Chartered Accountants

5 London Road

Rainham

Gillingham

Kent

ME8 7RG

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,359

1,660

1,359

1,660

CURRENT ASSETS

Inventories

3,470

4,000

Debtors

6

132,707

129,324

Cash at bank

13,464

2,347

149,641

135,671

CREDITORS

Amounts falling due within one year

7

142,521

119,353

NET CURRENT ASSETS

7,120

16,318

TOTAL ASSETS LESS CURRENT LIABILITIES

8,479

17,978

CREDITORS

Amounts falling due after more than one year

8

7,728

17,494

NET ASSETS

751

484

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

651

384

SHAREHOLDERS' FUNDS

751

484

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 5 August 2025 and were signed by:

G M Miller - Director

1.	STATUTORY INFORMATION

Glenn Miller Builders 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Income recognition

Income represents the fair value of consideration received or receivable derived from the provision of goods and services to customers during the year (excluding value added tax) and is recognised when the company becomes entitled to it, usually on the rendering of an invoice.

Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, has been fully amortised.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Inventories

Inventories are measured at the lower of cost and estimated selling price less costs to complete and sell.

In respect of work in progress and finished goods, cost includes an appropriate proportion of attributable overheads according to the stage of manufacture/completion.

Financial instruments

The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

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 statement of financial position date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2023

and 30 November 2024

40,000

AMORTISATION

At 1 December 2023

and 30 November 2024

40,000

NET BOOK VALUE

At 30 November 2024

-

At 30 November 2023

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2023

13,268

Additions

138

At 30 November 2024

13,406

DEPRECIATION

At 1 December 2023

11,608

Charge for year

439

At 30 November 2024

12,047

NET BOOK VALUE

At 30 November 2024

1,359

At 30 November 2023

1,660

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts recoverable on contracts

83,474

77,553

Other debtors

49,233

51,771

132,707

129,324

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

31,595

20,330

Trade creditors

24,108

20,747

Taxation and social security

82,013

72,366

Other creditors

4,805

5,910

142,521

119,353

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

7,728

17,494

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2024 and 30 November 2023:

2024

2023

£

£

G M Miller

Balance outstanding at start of year

50,704

36,994

Amounts advanced

41,037

33,293

Amounts repaid

(58,451

)

(19,583

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

33,290

50,704

Interest is charged at the official rate of interest on loans to directors that exceed the HMRC exempt amount. The loans are repayable on demand.