Company Registration No. 12762281 (England and Wales)
INDUSTRIAL GLOW LIMITED
Unaudited accounts
for the year ended 31 July 2024
INDUSTRIAL GLOW LIMITED
Unaudited accounts
Contents
INDUSTRIAL GLOW LIMITED
Company Information
for the year ended 31 July 2024
Director
Grant Thomas Wilson
Company Number
12762281 (England and Wales)
Registered Office
38 BRECKHILL ROAD WOODTHORPE
NOTTINGHAM
NG5 4GP
ENGLAND
Accountants
BFS Accountants Ltd
Ransom Hall, Ransom Wood Business Park
Southwell Road West
Mansfield
Nottinghamshire
NG21 0HJ
INDUSTRIAL GLOW LIMITED
Statement of financial position
as at 31 July 2024
Called up share capital not paid
100
100
Tangible assets
2,092
1,772
Cash at bank and in hand
8,847
5,936
Creditors: amounts falling due within one year
(64,390)
(71,168)
Net current liabilities
(15,056)
(25,662)
Net liabilities
(12,864)
(23,790)
Called up share capital
100
100
Profit and loss account
(12,964)
(23,890)
Shareholders' funds
(12,864)
(23,790)
For the year ending 31 July 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 his 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 27 March 2025 and were signed on its behalf by
Grant Thomas Wilson
Director
Company Registration No. 12762281
INDUSTRIAL GLOW LIMITED
Notes to the Accounts
for the year ended 31 July 2024
INDUSTRIAL GLOW LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12762281. The registered office is 38 BRECKHILL ROAD WOODTHORPE, NOTTINGHAM, NG5 4GP, 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.
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.
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
20% Reducing Balance (5 Years)
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2023
3,155
564
3,719
At 31 July 2024
4,320
649
4,969
At 1 August 2023
1,693
254
1,947
Charge for the year
789
141
930
At 31 July 2024
2,482
395
2,877
At 31 July 2024
1,838
254
2,092
At 31 July 2023
1,462
310
1,772
Amounts falling due within one year
INDUSTRIAL GLOW LIMITED
Notes to the Accounts
for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
3,127
10,899
Trade creditors
23,941
27,154
Taxes and social security
2,696
14,436
Other creditors
16,886
3,329
Loans from directors
16,799
12,530
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).