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Company Registration No. 12033802 (England and Wales)
Gluglu Ltd Unaudited accounts for the year ended 31 May 2024
Gluglu Ltd Unaudited accounts Contents
Page
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Gluglu Ltd Company Information for the year ended 31 May 2024
Director
Peter Glustik
Company Number
12033802 (England and Wales)
Registered Office
1 Alkerden Lane Swanscombe DA10 0EG England
Accountants
Dorota Cukierska International House 142 Cromwell Road London SW7 4EF
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Gluglu Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Called up share capital not paid
1 
1 
Fixed assets
Tangible assets
8,315 
10,727 
Current assets
Debtors
13,729 
15,390 
Cash at bank and in hand
1,092 
1,070 
14,821 
16,460 
Net current assets
14,821 
16,460 
Total assets less current liabilities
23,137 
27,188 
Creditors: amounts falling due after more than one year
(37,813)
(43,617)
Net liabilities
(14,676)
(16,429)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(14,677)
(16,430)
Shareholders' funds
(14,676)
(16,429)
For the year ending 31 May 2024 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 9 February 2025 and were signed on its behalf by
Peter Glustik Director Company Registration No. 12033802
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Gluglu Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Gluglu Ltd is a private company, limited by shares, registered in England and Wales, registration number 12033802. The registered office is 1 Alkerden Lane, Swanscombe, DA10 0EG, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25%
Motor vehicles
25%
Computer equipment
25%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
254 
25,000 
173 
25,427 
At 31 May 2024
254 
25,000 
173 
25,427 
Depreciation
At 1 June 2023
147 
14,453 
100 
14,700 
Charge for the year
27 
2,367 
18 
2,412 
At 31 May 2024
174 
16,820 
118 
17,112 
Net book value
At 31 May 2024
80 
8,180 
55 
8,315 
At 31 May 2023
107 
10,547 
73 
10,727 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
13,729 
15,390 
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Gluglu Ltd Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
37,813 
40,076 
Obligations under finance leases and hire purchase contracts
- 
3,541 
37,813 
43,617 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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