Glassneat Limited 01834952 false 2024-02-01 2025-01-31 2025-01-31 The principal activity of the company is Retail sale of footwear in specialised stores Digita Accounts Production Advanced 6.30.9574.0 true 01834952 2024-02-01 2025-01-31 01834952 2025-01-31 01834952 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-31 01834952 core:Non-currentFinancialInstruments core:AfterOneYear 2025-01-31 01834952 1 2025-01-31 01834952 bus:Micro-entities 2024-02-01 2025-01-31 01834952 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 01834952 bus:FilletedAccounts 2024-02-01 2025-01-31 01834952 bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 01834952 bus:RegisteredOffice 2024-02-01 2025-01-31 01834952 bus:Director1 2024-02-01 2025-01-31 01834952 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 01834952 countries:UnitedKingdom 2024-02-01 2025-01-31 01834952 1 2024-02-01 2025-01-31 01834952 1 2024-01-31 01834952 2023-02-01 2024-01-31 01834952 2024-01-31 01834952 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 01834952 core:Non-currentFinancialInstruments core:AfterOneYear 2024-01-31 01834952 1 2024-01-31 01834952 1 2023-02-01 2024-01-31 01834952 1 2023-01-31 iso4217:GBP xbrli:pure

Registration number: 01834952

Glassneat Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 January 2025

 

Glassneat Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

Glassneat Limited

(Registration number: 01834952)
Balance Sheet as at 31 January 2025

2025
£

2024
£

Fixed assets

5,202

6,347

Current assets

41,591

125,567

Prepayments and accrued income

3,583

2,231

Creditors: Amounts falling due within one year

(19,918)

(21,873)

Net current assets

25,256

105,925

Total assets less current liabilities

30,458

112,272

Creditors: Amounts falling due after more than one year

(6,667)

(16,667)

Accruals and deferred income

(3,227)

(2,781)

 

20,564

92,824

Capital and reserves

20,564

92,824

For the financial year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 21 May 2025 and signed on its behalf by:
 

T H Blundell
Director

   
     
 

Glassneat Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
c/o Milsted Langdon LLP
Motivo House
Alvington
Yeovil
Somerset
BA20 2FG

These financial statements were authorised for issue by the Board on 21 May 2025.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

The financial statements are prepared in sterling, which is the functional currency of the company, and rounded to the nearest £.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year was 4 (2024 - 3).

3

Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £49,347 (2024 - £69,661).

 

Glassneat Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

4

Related party transactions

During the year the company operated a loan with the directors. The loan was repayable on demand and interest was charged at 2.25%.

Transactions with directors

2025

At 1 February 2024
£

Advances to director
£

Repayments by director
£

At 31 January 2025
£

Directors

35,059

63,084

(99,331)

(1,188)

 

2024

At 1 February 2023
£

Advances to director
£

Repayments by director
£

At 31 January 2024
£

Directors

22,561

45,917

(33,419)

35,059