1 June 2023 false No description of principal activity Taxfiler 2024.6 12014212business:PrivateLimitedCompanyLtd2023-06-012024-05-31 120142122023-05-31 120142122023-06-012024-05-31 12014212business:AuditExempt-NoAccountantsReport2023-06-012024-05-31 12014212business:FilletedAccounts2023-06-012024-05-31 120142122024-05-31 12014212business:Director12023-06-012024-05-31 12014212business:RegisteredOffice2023-06-012024-05-31 120142122023-05-31 12014212core:WithinOneYear2024-05-31 12014212core:WithinOneYear2023-05-31 12014212core:AfterOneYear2024-05-31 12014212core:AfterOneYear2023-05-31 12014212core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 12014212core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 12014212core:PreviouslyStatedAmount2024-05-31 12014212core:PreviouslyStatedAmount2023-05-31 12014212business:SmallEntities2023-06-012024-05-31 12014212countries:EnglandWales2023-06-012024-05-31 12014212core:MotorVehicles2023-06-012024-05-31 12014212core:MotorVehicles2023-05-31 12014212core:MotorVehicles2024-05-31 120142122022-06-012023-05-31 iso4217:GBP xbrli:pure
Company Registration No. 12014212 (England and Wales)
GLM SECURITY DESIGN LTD Unaudited accounts for the year ended 31 May 2024
GLM SECURITY DESIGN LTD Unaudited accounts Contents
Page
- 2 -
GLM SECURITY DESIGN LTD Company Information for the year ended 31 May 2024
Director
OANA-RAMONA LAMBANCIUC
Company Number
12014212 (England and Wales)
Registered Office
30 Sellars Way Basildon Essex SS15 5WE England
Accountants
AAG CONSULTANCY SERVICES LTD 2 LARCHWOOD CLOSE WELLINGBOROUGH NN8 3GJ
- 3 -
GLM SECURITY DESIGN LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
10,330 
13,210 
Current assets
Cash at bank and in hand
17,392 
- 
Creditors: amounts falling due within one year
17,599 
19,776 
Net current assets
34,991 
19,776 
Total assets less current liabilities
45,321 
32,986 
Creditors: amounts falling due after more than one year
2,811 
- 
Net assets
48,132 
32,986 
Capital and reserves
Profit and loss account
48,132 
32,986 
Shareholders' funds
48,132 
32,986 
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 her 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 14 February 2025 and were signed on its behalf by
OANA-RAMONA LAMBANCIUC Director Company Registration No. 12014212
- 4 -
GLM SECURITY DESIGN LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
GLM SECURITY DESIGN LTD is a private company, limited by shares, registered in England and Wales, registration number 12014212. The registered office is 30 Sellars Way, Basildon, Essex, SS15 5WE, 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.
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:
Motor vehicles
15%
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.
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 June 2023
18,870 
At 31 May 2024
18,870 
Depreciation
At 1 June 2023
5,660 
Charge for the year
2,880 
At 31 May 2024
8,540 
Net book value
At 31 May 2024
10,330 
At 31 May 2023
13,210 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
(12,112)
(14,971)
VAT
2,895 
- 
Taxes and social security
(4,726)
(1,950)
Other creditors
(3,656)
(2,855)
(17,599)
(19,776)
- 5 -
GLM SECURITY DESIGN LTD Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
(2,811)
- 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 6 -