Glimmer (pvt) Limited SC502468 Dentists false 1 August 2023 SC502468 2023-08-01 2024-07-31 SC502468 2023-07-31 SC502468 2024-07-31 SC502468 2022-08-01 2023-07-31 SC502468 2022-07-31 SC502468 2023-07-31 SC502468 frs102-bus:FRS102 2023-08-01 2024-07-31 SC502468 frs102-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 SC502468 frs102-bus:FullAccounts 2023-08-01 2024-07-31 SC502468 frs102-bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 SC502468 frs102-core:CurrentFinancialInstruments 2024-07-31 SC502468 frs102-core:CurrentFinancialInstruments 2023-07-31 SC502468 frs102-core:Non-currentFinancialInstruments 2024-07-31 SC502468 frs102-core:Non-currentFinancialInstruments 2023-07-31 SC502468 frs102-core:ShareCapital 2024-07-31 SC502468 frs102-core:ShareCapital 2023-07-31 SC502468 frs102-core:RetainedEarningsAccumulatedLosses 2024-07-31 SC502468 frs102-core:RetainedEarningsAccumulatedLosses 2023-07-31 SC502468 frs102-bus:Director1 2023-08-01 2024-07-31 SC502468 frs102-core:ComputerEquipment 2023-08-01 2024-07-31 SC502468 frs102-core:FurnitureFittings 2023-08-01 2024-07-31 SC502468 frs102-core:OfficeEquipment 2023-08-01 2024-07-31 SC502468 frs102-core:OtherPropertyPlantEquipment 2023-08-01 2024-07-31 SC502468 frs102-core:PlantMachinery 2023-08-01 2024-07-31 SC502468 frs102-core:NetGoodwill 2023-07-31 SC502468 frs102-core:NetGoodwill 2024-07-31 SC502468 frs102-core:NetGoodwill 2023-08-01 2024-07-31 SC502468 frs102-core:NetGoodwill 2023-07-31 SC502468 frs102-core:ComputerEquipment 2023-07-31 SC502468 frs102-core:FurnitureFittings 2023-07-31 SC502468 frs102-core:OfficeEquipment 2023-07-31 SC502468 frs102-core:OtherPropertyPlantEquipment 2023-07-31 SC502468 frs102-core:PlantMachinery 2023-07-31 SC502468 frs102-core:ComputerEquipment 2024-07-31 SC502468 frs102-core:FurnitureFittings 2024-07-31 SC502468 frs102-core:OfficeEquipment 2024-07-31 SC502468 frs102-core:OtherPropertyPlantEquipment 2024-07-31 SC502468 frs102-core:PlantMachinery 2024-07-31 SC502468 frs102-core:ComputerEquipment 2023-07-31 SC502468 frs102-core:FurnitureFittings 2023-07-31 SC502468 frs102-core:OfficeEquipment 2023-07-31 SC502468 frs102-core:OtherPropertyPlantEquipment 2023-07-31 SC502468 frs102-core:PlantMachinery 2023-07-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
SC502468
Glimmer (pvt) Limited
Unaudited Accounts
for the year ended
31 July 2024
Glimmer (pvt) Limited
Balance Sheet
as at 31 July 2024
Notes
2024
£
2023
£
Fixed assets
Intangible assets 3 52,004 78,008
Tangible assets 4 145,701 129,570
197,705 207,578
Current assets
Stocks 6,000 6,000
Debtors 5 155,864 170,190
Cash at bank and in hand 221,764 251,496
383,628 427,686
Creditors: amounts falling due within one year 6 (91,588) (105,610)
Net current assets / (liabilities) 292,040 322,076
Total assets less current liabilities 489,745 529,654
Creditors: amounts falling due after more than one year 7 (360,788) (422,473)
Provisions for liabilities (0) (0)
Accruals and deferred income (18,150) (2,150)
Total net assets (liabilities) 110,807 105,031
Capital and reserves
Called up share capital 100 100
Profit and loss account 110,707 104,931
Shareholders' funds 110,807 105,031

Glimmer (pvt) Limited
Balance Sheet
as at 31 July 2024



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 July 2024 the company was entitled to exemption 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.

Signed on behalf of the board of directors

...............................

Dr M Arshad

Director


Approved by the board on 21 November 2024

Company Number: SC502468 (a Private Company Limited by Shares registered in Scotland)

Registered Office:

C/O Premier Accounting
9B Dalrymple Court
Kirkintilloch
Glasgow
G66 3AA
United Kingdom

Glimmer (pvt) Limited
Notes to the Accounts
for the year ended 31 July 2024

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Going concern basis
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future.
Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when goods are delivered and legal title has passed.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Computer equipment 15% Reducing Balance
Fixtures & Fittings 15% Reducing Balance
Office equipment 33.3% Straight Line
Other 15% Reducing Balance
Plant & machinery 25% Reducing Balance
Stocks
Stocks are valued at the lower of cost and net realisable value after taking into account costs of completion and sale. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. The amount of any write-down to net realisable value, and all losses of stock, are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down is recognised as a reduction in the amount of stock expensed in the period in which the reversal occurs.
2. Employees
2024 2023
Average number of employees during the period 17 21

3. Intangible fixed assets
Goodwill Total
Cost £ £
At 1 August 2023 260,023 260,023
At 31 July 2024 260,023 260,023
Amortisation
At 1 August 2023 182,015 182,015
Provided during the period 26,004 26,004
At 31 July 2024 208,019 208,019
Net book value
At 31 July 2024 52,004 52,004
At 31 July 2023 78,008 78,008

4. Tangible fixed assets
Computer equipment Fixtures & Fittings Office equipment Other Plant & machinery Total
Cost or valuation £ £ £ £ £ £
At 1 August 2023 1,774 58,746 3,639 14,436 246,047 324,642
Additions 799 0 1,898 0 49,140 51,837
At 31 July 2024 2,573 58,746 5,537 14,436 295,187 376,479
Depreciation
At 1 August 2023 331 34,916 1,714 612 157,499 195,072
Charge for the period 264 3,574 1,515 2,074 28,279 35,706
At 31 July 2024 595 38,490 3,229 2,686 185,778 230,778
Net book value
At 31 July 2024 1,978 20,256 2,308 11,750 109,409 145,701
At 31 July 2023 1,443 23,830 1,925 13,824 88,548 129,570

5. Debtors
2024 2023
£ £
Amounts owed by group undertakings and participating interests 117,000 165,000
Other debtors 38,864 5,190
155,864 170,190

6. Creditors: amounts falling due within one year
2024 2023
£ £
Bank Loans & Overdrafts 77,072 38,118
Taxation & social security 8,663 25,908
Other creditors 5,853 41,584
91,588 105,610

7. Creditors: amounts falling due after one year
2024 2023
£ £
Bank Loans & overdrafts 360,788 367,618
360,788 422,473