GLORY AG LTD

Company Registration Number:
11271608 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2022

Period of accounts

Start date: 1 January 2022

End date: 31 December 2022

GLORY AG LTD

Contents of the Financial Statements

for the Period Ended 31 December 2022

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

GLORY AG LTD

Profit And Loss Account

for the Period Ended 31 December 2022

2022 2021


£
£
Turnover: 10,693,702 10,476,021
Cost of sales: ( 10,396,374 ) ( 10,372,271 )
Gross profit(or loss): 297,328 103,750
Administrative expenses: ( 299,054 ) ( 105,904 )
Operating profit(or loss): (1,726) (2,154)
Profit(or loss) before tax: (1,726) (2,154)
Profit(or loss) for the financial year: (1,726) (2,154)

GLORY AG LTD

Balance sheet

As at 31 December 2022

Notes 2022 2021


£
£
Called up share capital not paid: 0 0
Current assets
Stocks: 3 1,000 1,000
Debtors: 4 10,682,310 10,476,021
Cash at bank and in hand: 35,627 29,401
Total current assets: 10,718,937 10,506,422
Creditors: amounts falling due within one year: 5 ( 10,611,943 ) ( 10,308,831 )
Net current assets (liabilities): 106,994 197,591
Total assets less current liabilities: 106,994 197,591
Creditors: amounts falling due after more than one year: 6 ( 107,720 ) ( 198,745 )
Total net assets (liabilities): (726) (1,154)
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: (1,726 ) (2,154 )
Total Shareholders' funds: ( 726 ) (1,154)

The notes form part of these financial statements

GLORY AG LTD

Balance sheet statements

For the year ending 31 December 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 30 September 2023
and signed on behalf of the board by:

Name: Mr. Romans Smidts
Status: Director

The notes form part of these financial statements

GLORY AG LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

GLORY AG LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 10 10

GLORY AG LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Stocks

2022 2021
£ £
Stocks 1,000 1,000
Total 1,000 1,000

GLORY AG LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Debtors

2022 2021
£ £
Trade debtors 10,682,310 10,476,021
Total 10,682,310 10,476,021

GLORY AG LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Creditors: amounts falling due within one year note

2022 2021
£ £
Trade creditors 10,611,943 10,308,831
Total 10,611,943 10,308,831

GLORY AG LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

6. Creditors: amounts falling due after more than one year note

2022 2021
£ £
Other creditors 107,720 198,745
Total 107,720 198,745