Glenmeran Limited - Abbreviated accounts 16.3
Glenmeran Limited - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE PERIOD 1 OCTOBER 2015 TO 31 MARCH 2017 |
| FOR |
| GLENMERAN LIMITED |
| PREVIOUSLY KNOWN AS |
| GLENMERAN HOLDINGS LIMITED |
| GLENMERAN LIMITED (REGISTERED NUMBER: 08943855) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the Period 1 October 2015 to 31 March 2017 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| GLENMERAN LIMITED |
| COMPANY INFORMATION |
| for the Period 1 October 2015 to 31 March 2017 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| BANKERS: |
| GLENMERAN LIMITED (REGISTERED NUMBER: 08943855) |
| ABBREVIATED BALANCE SHEET |
| 31 March 2017 |
| 2017 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| Investments | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 were approved by the director on |
| GLENMERAN LIMITED (REGISTERED NUMBER: 08943855) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the Period 1 October 2015 to 31 March 2017 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance with the |
| Financial Reporting Standard for Smaller Entities (effective January 2015). |
| Preparation of consolidated financial statements |
| The financial statements contain information about Glenmeran Limited as an individual company and do not |
| contain consolidated financial information as the parent of a group. The company has taken the option under |
| Section 398 of the Companies Act 2006 not to prepare consolidated financial statements. |
| Turnover |
| Turnover represents the net invoice value of services provided, excluding value added tax. |
| Goodwill |
| Goodwill, being the amount acquired on the transfer of net assets from the subsidiary, to be amortised evenly |
| over its useful estimated life of 10 years. |
| Tangible fixed assets |
| Tangible fixed assets are stated at cost less depreciation. |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Fixed asset investments |
| Fixed asset investments are stated at cost less provision for permanent diminution in value. |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| Additions |
| At 31 March 2017 |
| NET BOOK VALUE |
| At 31 March 2017 |
| GLENMERAN LIMITED (REGISTERED NUMBER: 08943855) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the Period 1 October 2015 to 31 March 2017 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| Transfer from subsidiary |
| At 31 March 2017 |
| NET BOOK VALUE |
| At 31 March 2017 |
| 4. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 October 2015 | 398,896 |
| Disposals | (398,895 | ) |
| At 31 March 2017 | 1 |
| NET BOOK VALUE |
| At 31 March 2017 |
| At 30 September 2015 |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 1 | 111,677 |
| (Loss)/profit for the period/year | (101,677 | ) | 16,366 |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2017 | 2015 |
| value: | £ | £ |
| Ordinary | £1 |