Glistening Coaching Ltd 12894470 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is that of business coach. Digita Accounts Production Advanced 6.30.9574.0 true 12894470 2023-10-01 2024-09-30 12894470 2024-09-30 12894470 core:CurrentFinancialInstruments 2024-09-30 12894470 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 12894470 core:OfficeEquipment 2024-09-30 12894470 bus:SmallEntities 2023-10-01 2024-09-30 12894470 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 12894470 bus:FilletedAccounts 2023-10-01 2024-09-30 12894470 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 12894470 bus:RegisteredOffice 2023-10-01 2024-09-30 12894470 bus:Director1 2023-10-01 2024-09-30 12894470 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 12894470 bus:Agent1 2023-10-01 2024-09-30 12894470 core:OfficeEquipment 2023-10-01 2024-09-30 12894470 countries:UnitedKingdom 2023-10-01 2024-09-30 12894470 2023-09-30 12894470 core:OfficeEquipment 2023-09-30 12894470 2022-10-01 2023-09-30 12894470 2023-09-30 12894470 core:CurrentFinancialInstruments 2023-09-30 12894470 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 12894470 core:OfficeEquipment 2023-09-30 iso4217:GBP xbrli:pure

Registration number: 12894470

Glistening Coaching Ltd

Unaudited Filleted Financial Statements

for the Year Ended 30 September 2024

 

Glistening Coaching Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Glistening Coaching Ltd

Company Information

Director

Ilaria Pareto

Registered office

Unit 5 Ducketts Wharf
South Street
Bishop's Stortford
Herts
CM23 3AR

Accountants

Mansell & Co
Chartered Certified Accountants5 Ducketts Wharf
South Street
Bishop Stortford
Hertfordshire
CM23 3AR

 

Glistening Coaching Ltd

(Registration number: 12894470)
Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

242

322

Current assets

 

Debtors

5

1,075

1,380

Cash at bank and in hand

 

424

14,518

 

1,499

15,898

Creditors: Amounts falling due within one year

6

(3,543)

(15,795)

Net current (liabilities)/assets

 

(2,044)

103

Net (liabilities)/assets

 

(1,802)

425

Capital and reserves

 

Called up share capital

100

100

Retained earnings

(1,902)

325

Shareholders' (deficit)/funds

 

(1,802)

425

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges 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 and 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 27 June 2025
 

.........................................
Ilaria Pareto
Director

 

Glistening Coaching Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1

General information

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

The address of its registered office is:
Unit 5 Ducketts Wharf
South Street
Bishop's Stortford
Herts
CM23 3AR
England

These financial statements were authorised for issue by the director on 27 June 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Glistening Coaching Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

25% Reducing Balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

Glistening Coaching Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

4

Tangible assets

Office equipment
£

Total
£

Cost or valuation

At 1 October 2023

429

429

At 30 September 2024

429

429

Depreciation

At 1 October 2023

107

107

Charge for the year

80

80

At 30 September 2024

187

187

Carrying amount

At 30 September 2024

242

242

At 30 September 2023

322

322

5

Debtors

2024
£

2023
£

Trade debtors

-

1,380

Other debtors

1,075

-

1,075

1,380

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

552

-

Taxation and social security

1,891

3,592

Accruals and deferred income

1,100

496

Other creditors

-

11,707

3,543

15,795