2023-04-012024-03-312024-03-31false13981030GLIDER PH LTD2024-12-02iso4217:GBPxbrli:pure139810302023-04-01139810302024-03-31139810302023-04-012024-03-31139810302022-03-16139810302023-03-31139810302022-03-162023-03-3113981030bus:SmallEntities2023-04-012024-03-3113981030bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3113981030bus:FullAccounts2023-04-012024-03-3113981030bus:PrivateLimitedCompanyLtd2023-04-012024-03-3113981030core:WithinOneYear2024-03-3113981030core:AfterOneYear2024-03-3113981030core:WithinOneYear2023-03-3113981030core:AfterOneYear2023-03-3113981030core:ShareCapital2024-03-3113981030core:SharePremium2024-03-3113981030core:RevaluationReserve2024-03-3113981030core:OtherReservesSubtotal2024-03-3113981030core:RetainedEarningsAccumulatedLosses2024-03-3113981030core:ShareCapital2023-03-3113981030core:SharePremium2023-03-3113981030core:RevaluationReserve2023-03-3113981030core:OtherReservesSubtotal2023-03-3113981030core:RetainedEarningsAccumulatedLosses2023-03-3113981030core:LandBuildings2024-03-3113981030core:PlantMachinery2024-03-3113981030core:Vehicles2024-03-3113981030core:FurnitureFittings2024-03-3113981030core:OfficeEquipment2024-03-3113981030core:NetGoodwill2024-03-3113981030core:IntangibleAssetsOtherThanGoodwill2024-03-3113981030core:ListedExchangeTraded2024-03-3113981030core:UnlistedNon-exchangeTraded2024-03-3113981030core:LandBuildings2023-03-3113981030core:PlantMachinery2023-03-3113981030core:Vehicles2023-03-3113981030core:FurnitureFittings2023-03-3113981030core:OfficeEquipment2023-03-3113981030core:NetGoodwill2023-03-3113981030core:IntangibleAssetsOtherThanGoodwill2023-03-3113981030core:ListedExchangeTraded2023-03-3113981030core:UnlistedNon-exchangeTraded2023-03-3113981030core:LandBuildings2023-04-012024-03-3113981030core:PlantMachinery2023-04-012024-03-3113981030core:Vehicles2023-04-012024-03-3113981030core:FurnitureFittings2023-04-012024-03-3113981030core:OfficeEquipment2023-04-012024-03-3113981030core:NetGoodwill2023-04-012024-03-3113981030core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3113981030core:ListedExchangeTraded2023-04-012024-03-3113981030core:UnlistedNon-exchangeTraded2023-04-012024-03-3113981030core:MoreThanFiveYears2023-04-012024-03-3113981030core:Non-currentFinancialInstruments2024-03-3113981030core:Non-currentFinancialInstruments2023-03-3113981030dpl:CostSales2023-04-012024-03-3113981030dpl:DistributionCosts2023-04-012024-03-3113981030core:LandBuildings2023-04-012024-03-3113981030core:PlantMachinery2023-04-012024-03-3113981030core:Vehicles2023-04-012024-03-3113981030core:FurnitureFittings2023-04-012024-03-3113981030core:OfficeEquipment2023-04-012024-03-3113981030dpl:AdministrativeExpenses2023-04-012024-03-3113981030core:NetGoodwill2023-04-012024-03-3113981030core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3113981030dpl:GroupUndertakings2023-04-012024-03-3113981030dpl:ParticipatingInterests2023-04-012024-03-3113981030dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3113981030core:ListedExchangeTraded2023-04-012024-03-3113981030dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3113981030core:UnlistedNon-exchangeTraded2023-04-012024-03-3113981030dpl:CostSales2022-03-162023-03-3113981030dpl:DistributionCosts2022-03-162023-03-3113981030core:LandBuildings2022-03-162023-03-3113981030core:PlantMachinery2022-03-162023-03-3113981030core:Vehicles2022-03-162023-03-3113981030core:FurnitureFittings2022-03-162023-03-3113981030core:OfficeEquipment2022-03-162023-03-3113981030dpl:AdministrativeExpenses2022-03-162023-03-3113981030core:NetGoodwill2022-03-162023-03-3113981030core:IntangibleAssetsOtherThanGoodwill2022-03-162023-03-3113981030dpl:GroupUndertakings2022-03-162023-03-3113981030dpl:ParticipatingInterests2022-03-162023-03-3113981030dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-162023-03-3113981030core:ListedExchangeTraded2022-03-162023-03-3113981030dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-162023-03-3113981030core:UnlistedNon-exchangeTraded2022-03-162023-03-3113981030core:NetGoodwill2024-03-3113981030core:IntangibleAssetsOtherThanGoodwill2024-03-3113981030core:LandBuildings2024-03-3113981030core:PlantMachinery2024-03-3113981030core:Vehicles2024-03-3113981030core:FurnitureFittings2024-03-3113981030core:OfficeEquipment2024-03-3113981030core:AfterOneYear2024-03-3113981030core:WithinOneYear2024-03-3113981030core:ListedExchangeTraded2024-03-3113981030core:UnlistedNon-exchangeTraded2024-03-3113981030core:ShareCapital2024-03-3113981030core:SharePremium2024-03-3113981030core:RevaluationReserve2024-03-3113981030core:OtherReservesSubtotal2024-03-3113981030core:RetainedEarningsAccumulatedLosses2024-03-3113981030core:NetGoodwill2023-03-3113981030core:IntangibleAssetsOtherThanGoodwill2023-03-3113981030core:LandBuildings2023-03-3113981030core:PlantMachinery2023-03-3113981030core:Vehicles2023-03-3113981030core:FurnitureFittings2023-03-3113981030core:OfficeEquipment2023-03-3113981030core:AfterOneYear2023-03-3113981030core:WithinOneYear2023-03-3113981030core:ListedExchange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GLIDER PH LTD

Registered Number
13981030
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

GLIDER PH LTD
Company Information
for the year from 1 April 2023 to 31 March 2024

Directors

GROVES, Rupert Austin
WALKER, Kieran Thomas

Registered Address

The Glider Business Centre
65 Lowther Road
Dunstable
LU6 3NL

Registered Number

13981030 (England and Wales)
GLIDER PH LTD
Balance Sheet as at
31 March 2024

Notes

2024

2023

£

£

£

£

Current assets
Stocks33,200-
Cash at bank and on hand39,70460,349
42,90460,349
Creditors amounts falling due within one year4(36,136)(45,757)
Net current assets (liabilities)6,76814,592
Total assets less current liabilities6,76814,592
Net assets6,76814,592
Capital and reserves
Called up share capital100100
Profit and loss account6,66814,492
Shareholders' funds6,76814,592
The financial statements were approved and authorised for issue by the Board of Directors on 2 December 2024, and are signed on its behalf by:
GROVES, Rupert Austin
Director
Registered Company No. 13981030
GLIDER PH LTD
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Going concern
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.
Revenue from rendering of services
Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.
2.Average number of employees

20242023
Average number of employees during the year44
3.Stocks

2024

2023

££
Finished goods3,200-
Total3,200-
4.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables8,266-
Taxation and social security10,10918,981
Other creditors17,76126,776
Total36,13645,757
5.Directors advances, credits and guarantees
As at the year end 31.03.2024 the directors were owed a combined £15,572. This amount is non interest bearing, has no fixed date for repayment and is repayable on demand.