GLOCHIN LIMITED

Company limited by guarantee

Company Registration Number:
13516295 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2022

Period of accounts

Start date: 16 July 2021

End date: 31 July 2022

GLOCHIN LIMITED

Company limited by guarantee

Contents of the Financial Statements

for the Period Ended 31 July 2022

Company Information - 3
Report of the Directors - 4
Income and Expenditure Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

GLOCHIN LIMITED

Company limited by guarantee

Company Information

for the Period Ended 31 July 2022




Director: Gloria Nwonyi
Registered office: 75
Wigman Road
Nottingham
England
NG8 4PA
Company Registration Number: 13516295 (England and Wales)

GLOCHIN LIMITED

Company limited by guarantee

Directors' Report Period Ended 31 July 2022

The directors present their report with the financial statements of the company for the period ended 31 July 2022

Directors

The director(s) shown below were appointed to the company during the period
Gloria Nwonyi
16 July 2021

This report was approved by the board of directors on 5 September 2022
And Signed On Behalf Of The Board By:

Name: Gloria Nwonyi
Status: Director

GLOCHIN LIMITED

Company limited by guarantee

Income and Expenditure Account

for the Period Ended 31 July 2022


Notes
13 months to
31 Jul 2022
£
Turnover 39,077
Cost of sales ( 29,599 )
Gross surplus or (deficit) 9,478
Income from coronavirus (COVID-19) business support grants 0
Distribution Costs ( 2,100 )
Administrative Expenses ( 5,500 )
Other operating income 0
Operating surplus or (deficit) 1,878
Interest Receivable and Similar Income 0
Interest Payable and Similar Charges ( 0 )
Surplus or (deficit) before tax 1,878
Surplus or (deficit) for the period 1,878

The notes form part of these financial statements

GLOCHIN LIMITED

Company limited by guarantee

Balance sheet

As at 31 July 2022


Notes
13 months to
31 Jul 2022
£
Fixed assets
Tangible assets: 4 6,250
Total fixed assets: 6,250
Current assets
Stocks: 0
Debtors: 5 2,500
Cash at bank and in hand: 1,000
Total current assets: 3,500
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 6 ( 1,000 )
Net current assets (liabilities): 2,500
Total assets less current liabilities: 8,750
Creditors: amounts falling due after more than one year: 7 ( 0 )
Provision for liabilities: ( 0 )
Accruals and deferred income: ( 0 )
Total net assets (liabilities): 8,750

The notes form part of these financial statements

GLOCHIN LIMITED

Company limited by guarantee

Balance sheet continued

As at 31 July 2022


Notes
13 months to
31 Jul 2022
£
Reserves
Revaluation reserve: 8 6,872
Income and expenditure account 1,878
Members funds 8,750

For the year ending 31 July 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 5 September 2022
And Signed On Behalf Of The Board By:

Name: Gloria Nwonyi
Status: Director

The notes form part of these financial statements

GLOCHIN LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 July 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GLOCHIN LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 July 2022

  • 2. Employees

    13 months to
    31 Jul 2022
    Average number of employees during the period 1

GLOCHIN LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 July 2022

  • 3. Off balance sheet disclosure

    No

GLOCHIN LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 July 2022

4. Tangible assets

Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £
Additions 1,000 1,750 3,500 6,250
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 31 July 2022 1,000 1,750 3,500 6,250
Depreciation
Charge for year - - - -
On disposals - - - -
Other adjustments - - - -
At 31 July 2022 - - - -
Net book value
At 31 July 2022 1,000 1,750 3,500 6,250

GLOCHIN LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 July 2022

5. Debtors

13 months to
31 Jul 2022
£
Trade debtors 500
Prepayments and accrued income 0
Other debtors 2,000
Total 2,500

GLOCHIN LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 July 2022

6.Creditors: amounts falling due within one year note

13 months to
31 Jul 2022
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Trade creditors 0
Taxation and social security 0
Accruals and deferred income 0
Other creditors 1,000
Total 1,000

GLOCHIN LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 July 2022

7.Creditors: amounts falling due after more than one year

13 months to
31 Jul 2022
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Other creditors 0
Total 0

GLOCHIN LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 July 2022

8. Revaluation reserve

13 months to
31 Jul 2022
£
Surplus or deficit after revaluation 6,872
Balance at 31 July 2022 6,872