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Company Registration No. 13384306 (England and Wales)
GLITTERGLAM PROPERTIES LTD Unaudited accounts for the year ended 31 March 2025
GLITTERGLAM PROPERTIES LTD Unaudited accounts Contents
Page
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GLITTERGLAM PROPERTIES LTD Company Information for the year ended 31 March 2025
Directors
Mr Paolino Mario Nola Mrs Anna Nola
Company Number
13384306 (England and Wales)
Registered Office
34 Cannonbury Ave Pinner Middx HA5 1TS UK
Accountants
Fielding Accountancy Services Ltd 48 Beechcroft Road Bushey Herts WD23 2JU
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GLITTERGLAM PROPERTIES LTD Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
248 
308 
Investment property
451,754 
451,754 
452,002 
452,062 
Current assets
Cash at bank and in hand
1,201 
2,317 
Creditors: amounts falling due within one year
(111,590)
(121,208)
Net current liabilities
(110,389)
(118,891)
Total assets less current liabilities
341,613 
333,171 
Creditors: amounts falling due after more than one year
(322,856)
(322,856)
Net assets
18,757 
10,315 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
18,657 
10,215 
Shareholders' funds
18,757 
10,315 
For the year ending 31 March 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 21 July 2025 and were signed on its behalf by
Mr Paolino Mario Nola Director Company Registration No. 13384306
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GLITTERGLAM PROPERTIES LTD Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
GLITTERGLAM PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 13384306. The registered office is 34 Cannonbury Ave, Pinner, Middx, HA5 1TS, UK.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover comprises Rental Income from Investment Properties
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:
Investment property
Investment properties are shown at cost or most recent valuation. Any aggregate surplus or deficit arising from changes in market value is transferred to a revaluation reserve. Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities(effective January 2015), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the directors opinion, compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified. Investment properties were valued on an open market basis on 31st March 2022 by the directors, being at cost value. The company accounts for property acquisitions on exchange of contract.
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GLITTERGLAM PROPERTIES LTD Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
300 
300 
600 
At 31 March 2025
300 
300 
600 
Depreciation
At 1 April 2024
146 
146 
292 
Charge for the year
30 
30 
60 
At 31 March 2025
176 
176 
352 
Net book value
At 31 March 2025
124 
124 
248 
At 31 March 2024
154 
154 
308 
5
Investment property
2025 
£ 
Fair value at 1 April 2024
451,754 
At 31 March 2025
451,754 
Three company investment properties were acquired during 2022 and are shown at their original cost. The Director considers that this remains the current market value and as such no revaluation is considered necessary at this time.
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
1,994 
2,380 
Other creditors
1,708 
840 
Loans from directors
107,888 
117,988 
111,590 
121,208 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
322,856 
322,856 
Long Term Creditors comprise property Mortgage Loans on an Interest Only Basis hence all such loans are shown as Long Term Liabilities over 5 years.
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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GLITTERGLAM PROPERTIES LTD Notes to the Accounts for the year ended 31 March 2025
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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