Company Registration No. 10074439 (England and Wales)
GLENCO SCAFFOLD LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2020
PAGES FOR FILING WITH REGISTRAR
GLENCO SCAFFOLD LTD
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3
GLENCO SCAFFOLD LTD
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF GLENCO SCAFFOLD LTD FOR THE YEAR ENDED 31 MARCH 2020
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Glenco Scaffold Ltd for the year ended 31 March 2020 which comprise, the balance sheet 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 http://www.icaew.com/en/members/regulations-standards-and-guidance
.
This report is made solely to the Board of Directors of Glenco Scaffold Ltd, as a body, in accordance with
our
terms
of
engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Glenco Scaffold Ltd
and state those matters that we have agreed to state to the Board of Directors of Glenco Scaffold Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Glenco Scaffold Ltd and its Board of Directors as a body, for
our work or for this report.
It is your duty to ensure that Glenco Scaffold Ltd 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 loss of Glenco Scaffold Ltd. You consider that Glenco Scaffold Ltd 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 Glenco Scaffold Ltd. 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.
Ormerod Rutter Limited
19 January 2021
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
GLENCO SCAFFOLD LTD
BALANCE SHEET
AS AT
31 MARCH 2020
31 March 2020
- 2 -
2020
2019
Notes
£
£
£
£
Current assets
Cash at bank and in hand
3
3
Net current assets
3
3
Capital and reserves
Called up share capital
2
3
3
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial year ended 31 March 2020 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
T
he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 19 January 2021 and are signed on its behalf by:
Mr P R Dyble
Director
Company Registration No. 10074439
GLENCO SCAFFOLD LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2020
- 3 -
1
Accounting policies
Company information
Glenco Scaffold Ltd is a
private
company
limited by shares
incorporated in England and Wales.
The registered office is
Peartree Farm, Plough Lane, Oddingley, Droitwich, Worcestershire, WR9 7NX.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2
Profit and loss account
The company has not traded during the year or the preceding financial
year
. During
this time
the company received no income and incurred no expenditure and therefore no Profit and loss account is presented
in these financial statements.
2
Called up share capital
2020
2019
£
£
Ordinary share capital
Issued and fully paid
0 Ordinary of £1 each
-
3
1 Ordinary A of £1 each
1
-
1 Ordinary B of £1 each
1
-
1 Ordinary C of £1 each
1
-
3
3
During the year, the company underwent a share reorganisation.
The company passed an ordinary resolution by reclassifying 3 Ordinary £1 shares into 1 Ordinary A £1 share, 1 Ordinary B £1 share and 1 Ordinary C £1 share. The rights and privileges attached to these shares remain unaltered.
3
Ultimate controlling party
There is no ultimate controlling party.