1 February 2023 false No description of principal activity Taxfiler 2024.6 07346345business:PrivateLimitedCompanyLtd2023-02-012024-03-31 073463452023-01-31 073463452023-02-012024-03-31 07346345business:AuditExemptWithAccountantsReport2023-02-012024-03-31 07346345business:AbridgedAccounts2023-02-012024-03-31 073463452024-03-31 07346345business:Director12023-02-012024-03-31 07346345business:Director22023-02-012024-03-31 07346345business:RegisteredOffice2023-02-012024-03-31 073463452023-01-31 07346345core:WithinOneYear2024-03-31 07346345core:WithinOneYear2023-01-31 07346345core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 07346345core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 07346345core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 07346345core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 07346345core:PreviouslyStatedAmount2024-03-31 07346345core:PreviouslyStatedAmount2023-01-31 07346345business:SmallEntities2023-02-012024-03-31 07346345countries:EnglandWales2023-02-012024-03-31 07346345core:ComputerEquipment2023-02-012024-03-31 073463452022-02-012023-01-31 iso4217:GBP xbrli:pure
Company Registration No. 07346345 (England and Wales)
Glover and Headdock Limited Unaudited accounts for the period from 1 February 2023 to 31 March 2024
Glover and Headdock Limited Unaudited accounts Contents
Page
- 2 -
Glover and Headdock Limited Company Information for the period from 1 February 2023 to 31 March 2024
Directors
Paul Glover Cathy Headdock
Company Number
07346345 (England and Wales)
Registered Office
52 Edington Close Bishops Waltham Southampton Hampshire SO32 1LX England
Accountants
Meon Valley Accounting Ltd Malt House Studios 4 Brook Street Bishops Waltham Hampshire SO32 1AX
- 3 -
Glover and Headdock Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
240 
Current assets
Inventories
- 
12,393 
Debtors
- 
1,048 
Cash at bank and in hand
5,770 
81,305 
5,770 
94,746 
Creditors: amounts falling due within one year
(488)
(86,373)
Net current assets
5,282 
8,373 
Net assets
5,282 
8,613 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
5,182 
8,513 
Shareholders' funds
5,282 
8,613 
For the period ending 31 March 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.
The members have agreed to the preparation of abridged accounts for the period in accordance with Section 444(2A).
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 28 March 2025 and were signed on its behalf by
Paul Glover Director Company Registration No. 07346345
- 4 -
Glover and Headdock Limited Notes to the Accounts for the period from 1 February 2023 to 31 March 2024
1
Statutory information
Glover and Headdock Limited is a private company, limited by shares, registered in England and Wales, registration number 07346345. The registered office is 52 Edington Close, Bishops Waltham, Southampton, Hampshire, SO32 1LX, 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 period, 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. The Directors will not seek repayment of their loans until such funds become available therefore the accounts have been prepared on a going concern basis.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of 5 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:
Computer equipment
25% on cost
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the lease term.
Pension costs
The company operates a defined contribution scheme. Contributions payable are recognised in the profit and loss account when due.
Government grants
Government grants are accounted for on an accruals basis and charged to profit and loss.
- 5 -
Glover and Headdock Limited Notes to the Accounts for the period from 1 February 2023 to 31 March 2024
4
Intangible fixed assets
Total 
£ 
Cost
At 1 February 2023
50,970 
Disposals
(50,970)
At 31 March 2024
- 
Amortisation
At 1 February 2023
50,970 
On disposals
(50,970)
At 31 March 2024
- 
Net book value
At 31 March 2024
- 
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 February 2023
663 
Disposals
(663)
At 31 March 2024
- 
Depreciation
At 1 February 2023
423 
On disposals
(423)
At 31 March 2024
- 
Net book value
At 31 March 2024
- 
At 31 January 2023
240 
6
Operating lease commitments
2024 
2023 
£ 
£ 
At 31 March 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
- 
9,150 
7
Average number of employees
During the period the average number of employees was 6 (2023: 6).
- 6 -