IRIS Accounts Production v24.2.0.383 SC285075 Board of Directors 1.6.23 31.5.24 31.5.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC2850752023-05-31SC2850752024-05-31SC2850752023-06-012024-05-31SC2850752022-05-31SC2850752022-06-012023-05-31SC2850752023-05-31SC285075ns15:Scotland2023-06-012024-05-31SC285075ns14:PoundSterling2023-06-012024-05-31SC285075ns10:Director12023-06-012024-05-31SC285075ns10:PrivateLimitedCompanyLtd2023-06-012024-05-31SC285075ns10:SmallEntities2023-06-012024-05-31SC285075ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-31SC285075ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-31SC285075ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-31SC285075ns10:AbridgedAccounts2023-06-012024-05-31SC285075ns5:CurrentFinancialInstruments2024-05-31SC285075ns5:CurrentFinancialInstruments2023-05-31SC285075ns5:ShareCapital2024-05-31SC285075ns5:ShareCapital2023-05-31SC285075ns5:RetainedEarningsAccumulatedLosses2024-05-31SC285075ns5:RetainedEarningsAccumulatedLosses2023-05-31SC285075ns10:RegisteredOffice2023-06-012024-05-31SC28507512023-06-012024-05-31
REGISTERED NUMBER: SC285075 (Scotland)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

GLOVER ASSOCIATES & CONSULTING LTD.

GLOVER ASSOCIATES & CONSULTING LTD. (REGISTERED NUMBER: SC285075)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 May 2024




Page

Abridged Balance Sheet 1

Notes to the Financial Statements 3


GLOVER ASSOCIATES & CONSULTING LTD. (REGISTERED NUMBER: SC285075)

ABRIDGED BALANCE SHEET
31 May 2024

31.5.24 31.5.23
£    £   
CURRENT ASSETS
Debtors 11,178 64,629
Cash at bank 682,413 602,225
693,591 666,854
CREDITORS
Amounts falling due within one year 50,909 65,288
NET CURRENT ASSETS 642,682 601,566
TOTAL ASSETS LESS CURRENT
LIABILITIES

642,682

601,566

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 642,582 601,466
SHAREHOLDERS' FUNDS 642,682 601,566

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 May 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

GLOVER ASSOCIATES & CONSULTING LTD. (REGISTERED NUMBER: SC285075)

ABRIDGED BALANCE SHEET - continued
31 May 2024



The financial statements were approved by the Board of Directors and authorised for issue on 21 February 2025 and were signed on its behalf by:





J Glover - Director


GLOVER ASSOCIATES & CONSULTING LTD. (REGISTERED NUMBER: SC285075)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Glover Associates & Consulting Ltd. is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number: SC285075

Registered office: 71 South Drumbreck Road
Kilsyth
Glasgow
G65 9PU

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover and revenue recognition
Turnover represents net invoiced services,for business consultancy excluding VAT. Revenue is recognised when services are provided to the customer.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. POST BALANCE SHEET EVENTS

.

5. ULTIMATE CONTROLLING PARTY

The Director owns and controls the company.