Company Registration No. 07050141 (England and Wales)
GLITTER BODY ART LIMITED
Unaudited accounts
for the year ended 31 October 2024
GLITTER BODY ART LIMITED
Unaudited accounts
Contents
GLITTER BODY ART LIMITED
Company Information
for the year ended 31 October 2024
Directors
Mr D A Davies
Mrs J M Davies
Company Number
07050141 (England and Wales)
Registered Office
UNIT 44 ENTERPRISE CENTRE BRYN ROAD
TONDU
BRIDGEND
MID GLAMORGAN
CF32 9BS
GLITTER BODY ART LIMITED
Statement of financial position
as at 31 October 2024
Tangible assets
3,525
5,143
Cash at bank and in hand
27,046
42,484
Creditors: amounts falling due within one year
(20,568)
(23,488)
Net current assets
42,839
59,414
Called up share capital
2
2
Profit and loss account
46,362
65,724
Shareholders' funds
46,364
65,726
For the year ending 31 October 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 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 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 of Directors and authorised for issue on 14 February 2025 and were signed on its behalf by
Mr D A Davies
Director
Company Registration No. 07050141
GLITTER BODY ART LIMITED
Notes to the Accounts
for the year ended 31 October 2024
GLITTER BODY ART LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07050141. The registered office is UNIT 44 ENTERPRISE CENTRE BRYN ROAD, TONDU, BRIDGEND, MID GLAMORGAN, CF32 9BS.
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.
Goodwill being the amount paid in connection with the acquisition of the business in 2009, is being ammortised evenly over its estimated useful life of 15 years
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
15% Straight Line
Motor vehicles
25% Reducing Balance
Fixtures & fittings
20% Straight Line
Computer equipment
25% Straight Line
4
Intangible fixed assets
Goodwill
GLITTER BODY ART LIMITED
Notes to the Accounts
for the year ended 31 October 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2023
39,395
18,220
20,828
12,097
90,540
At 31 October 2024
39,395
18,220
20,828
12,097
90,540
At 1 November 2023
39,395
16,792
19,461
9,749
85,397
Charge for the year
-
689
342
587
1,618
At 31 October 2024
39,395
17,481
19,803
10,336
87,015
At 31 October 2024
-
739
1,025
1,761
3,525
At 31 October 2023
-
1,428
1,367
2,348
5,143
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
6,940
6,749
Taxes and social security
6,841
7,270
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).