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REGISTERED NUMBER: 05520572 (England and Wales)















FINANCIAL STATEMENTS FOR THE PERIOD 1 AUGUST 2022 TO 31 JANUARY 2024

FOR

Glowe Services Limited

Glowe Services Limited (Registered number: 05520572)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 AUGUST 2022 TO 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Glowe Services Limited

COMPANY INFORMATION
FOR THE PERIOD 1 AUGUST 2022 TO 31 JANUARY 2024







DIRECTOR: G H Lowe





REGISTERED OFFICE: 126 Greenfield Avenue
Alton
Hampshire
GU34 2HX





REGISTERED NUMBER: 05520572 (England and Wales)





ACCOUNTANTS: Jones & Co
Sherwood House
41 Queens Road
Farnborough
Hants
GU14 6JP

Glowe Services Limited (Registered number: 05520572)

BALANCE SHEET
31 JANUARY 2024

31.1.24 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 1,015

CURRENT ASSETS
Debtors 5 18,381 -
Cash at bank 16,105 17,337
34,486 17,337
CREDITORS
Amounts falling due within one year 6 12,571 14,785
NET CURRENT ASSETS 21,915 2,552
TOTAL ASSETS LESS CURRENT LIABILITIES 21,915 3,567

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 21,914 3,566
SHAREHOLDERS' FUNDS 21,915 3,567

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 April 2024 and were signed by:





G H Lowe - Director


Glowe Services Limited (Registered number: 05520572)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 AUGUST 2022 TO 31 JANUARY 2024

1. STATUTORY INFORMATION

Glowe Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents invoiced work for services, net of value added tax, recognised when work is completed.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Office equipment - 20% on reducing balance

Taxation
Taxation for the period comprises current tax recognised as the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is not recognised in respect of timing differences which may have originated but not been reversed at the balance sheet date since in the opinion of the directors the amount is not considered to be material.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Office
fittings equipment Totals
£    £    £   
COST
At 1 August 2022 562 3,837 4,399
Additions - 630 630
Disposals (562 ) (4,467 ) (5,029 )
At 31 January 2024 - - -
DEPRECIATION
At 1 August 2022 525 2,859 3,384
Eliminated on disposal (525 ) (2,859 ) (3,384 )
At 31 January 2024 - - -
NET BOOK VALUE
At 31 January 2024 - - -
At 31 July 2022 37 978 1,015

Glowe Services Limited (Registered number: 05520572)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 AUGUST 2022 TO 31 JANUARY 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.7.22
£    £   
Other debtors 18,381 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.7.22
£    £   
Taxation and social security 11,121 11,463
Other creditors 1,450 3,322
12,571 14,785

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 January 2024 and the year ended 31 July 2022:

31.1.24 31.7.22
£    £   
G H Lowe
Balance outstanding at start of period (2,372 ) (1,913 )
Amounts advanced 45,753 39,541
Amounts repaid (25,000 ) (40,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 18,381 (2,372 )