GLASS OF JOY LIMITED

Company Registration Number:
10302977 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

GLASS OF JOY LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

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

GLASS OF JOY LIMITED

Company Information

for the Period Ended 31 July 2023




Director: Petrina Rowland
Inti Rowland
Registered office: 112a Highbury New Park
London
GBR
N5 2DR
Company Registration Number: 10302977 (England and Wales)

GLASS OF JOY LIMITED

Directors' Report Period Ended 31 July 2023

The directors present their report with the financial statements of the company for the period ended 31 July 2023

Principal Activities

The company's principal activity during the period was catering services

Directors

The directors shown below have held office during the whole of the period from 01 August 2022 to 31 July 2023
Petrina Rowland
Inti Rowland

This report was approved by the board of directors on 30 November 2023
And Signed On Behalf Of The Board By:

Name: Petrina Rowland
Status: Director

GLASS OF JOY LIMITED

Profit and Loss Account

for the Period Ended 31 July 2023


Notes

2023
£

2022
£
Turnover 296,011 190,741
Cost of sales ( 95,896 ) ( 51,266 )
Gross Profit or (Loss) 200,115 153,475
Income from coronavirus (COVID-19) business support grants 0 14,000
Distribution Costs ( 8,955 ) ( 9,826 )
Administrative Expenses ( 171,798 ) ( 126,329 )
Other operating income 0 -
Operating Profit or (Loss) 19,362 17,320
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax 19,362 17,320
Tax on Profit ( 2,329 ) ( 1,785 )
Profit or (Loss) for Period 17,033 15,535

The notes form part of these financial statements

GLASS OF JOY LIMITED

Balance sheet

As at 31 July 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 14,857 7,752
Total fixed assets: 14,857 7,752
Current assets
Stocks: 0 0
Debtors: 5 2,188 1,706
Cash at bank and in hand: 22,258 11,915
Total current assets: 24,446 13,621
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 6 ( 40,349 ) ( 20,506 )
Net current assets (liabilities): ( 15,903 ) ( 6,885 )
Total assets less current liabilities: ( 1,046 ) 867
Total net assets (liabilities): ( 1,046 ) 867

The notes form part of these financial statements

GLASS OF JOY LIMITED

Balance sheet continued

As at 31 July 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 1,146 ) 767
Shareholders funds: ( 1,046 ) 867

For the year ending 31 July 2023 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 November 2023
And Signed On Behalf Of The Board By:

Name: Petrina Rowland
Status: Director

The notes form part of these financial statements

GLASS OF JOY LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 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

GLASS OF JOY LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 5 4

GLASS OF JOY LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 3. Off balance sheet disclosure

    No

GLASS OF JOY LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Tangible assets

Plant & machinery Motor vehicles Total
Cost £ £ £
At 01 August 2022 656 10,890 11,546
Additions 14,532 0 14,532
Disposals ( 0 ) ( 0 ) ( 0 )
Revaluations 0 0 0
Transfers 0 0 0
At 31 July 2023 15,188 10,890 26,078
Depreciation
At 01 August 2022 164 3,630 3,794
Charge for year 3,797 3,630 7,427
On disposals ( 0 ) ( 0 ) ( 0 )
Other adjustments 0 0 0
At 31 July 2023 3,961 7,260 11,221
Net book value
At 31 July 2023 11,227 3,630 14,857
At 31 July 2022 492 7,260 7,752

GLASS OF JOY LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Debtors


2023
£

2022
£
Prepayments and accrued income 2,188 1,706
Total 2,188 1,706

GLASS OF JOY LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 11,127 1,095
Taxation and social security 17,722 11,640
Accruals and deferred income 500 1,271
Other creditors 11,000 6,500
Total 40,349 20,506