Company Registration No. 08256798 (England and Wales)
Gloventure Limited
Unaudited accounts
for the year ended 31 October 2023
Gloventure Limited
Unaudited accounts
Contents
Gloventure Limited
Statement of financial position
as at 31 October 2023
Cash at bank and in hand
45,428
25,281
Creditors: amounts falling due within one year
(76,873)
(29,589)
Net current assets
66,469
42,284
Total assets less current liabilities
72,669
42,284
Creditors: amounts falling due after more than one year
(16,796)
(27,154)
Called up share capital
2
2
Profit and loss account
55,871
15,128
Shareholders' funds
55,873
15,130
For the year ending 31 October 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 July 2024 and were signed on its behalf by
M Haque
Director
Company Registration No. 08256798
Gloventure Limited
Notes to the Accounts
for the year ended 31 October 2023
Gloventure Limited is a private company, limited by shares, registered in England and Wales, registration number 08256798. The registered office is Trident Court, Oakcroft Road, Chessington, Surrey, KT9 1BD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation and amortised over 5 years.
4
Intangible fixed assets
Goodwill
Amounts falling due within one year
Trade debtors
64,257
14,725
Other debtors
33,427
31,287
Gloventure Limited
Notes to the Accounts
for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,648
10,648
Taxes and social security
22,888
5,443
Loans from directors
41,958
9,465
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 5 (2022: 3).