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COMPANY REGISTRATION NUMBER: 15123204
GLAUKOPIS LIMITED
Filleted Unaudited Financial Statements
30 September 2024
GLAUKOPIS LIMITED
Statement of Financial Position
30 September 2024
30 Sep 24
Note
£
Current assets
Debtors
4
1,132,642
Cash at bank and in hand
100
------------
1,132,742
Creditors: amounts falling due within one year
5
346,025
------------
Net current assets
786,717
---------
Total assets less current liabilities
786,717
---------
Net assets
786,717
---------
Capital and reserves
Called up share capital
100
Profit and loss account
786,617
---------
Shareholders funds
786,717
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period ending 30 September 2024 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 financial statements for the period in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 4 June 2025 , and are signed on behalf of the board by:
Dr M S BYFORD
Director
Company registration number: 15123204
GLAUKOPIS LIMITED
Notes to the Financial Statements
Period from 7 September 2023 to 30 September 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is York House 1a, Seagrave Road, London, SW6 1RP, England.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
4. Debtors
30 Sep 24
£
Other debtors
1,132,642
------------
The company is a designated member of Further Horizon LLP , a limited liability partnership registered in the UK. During the year, the company's share of profit from Further Horizon LLP amounted to £1,041,409. At the year end, £1,041,409 was due from the LLP .
5. Creditors: amounts falling due within one year
30 Sep 24
£
Corporation tax
248,792
Other creditors
97,233
---------
346,025
---------