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
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
GLM SECURITY DESIGN LTD
Statement of financial position
as at 31 May 2024
Tangible assets
10,330
13,210
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
-
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
GLM SECURITY DESIGN LTD
Notes to the Accounts
for the year ended 31 May 2024
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.
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:
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.
4
Tangible fixed assets
Motor vehicles
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
(12,112)
(14,971)
Taxes and social security
(4,726)
(1,950)
Other creditors
(3,656)
(2,855)
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).