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Company Registration No. 07990131 (England and Wales)
HIGH GLORY ASSOCIATES LIMITED Unaudited accounts for the year ended 31 March 2025
HIGH GLORY ASSOCIATES LIMITED Unaudited accounts Contents
Page
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HIGH GLORY ASSOCIATES LIMITED Company Information for the year ended 31 March 2025
Directors
Modinat Kike Olanrewaju Johnson Olusoji OLANREWAJU
Company Number
07990131 (England and Wales)
Registered Office
London House Business Centre Thames Road Crayford Dartford Kent DA1 4SL England
Accountants
Johnson Olanrewaju High Glory Associates London House, Suite 1, Thames road. Slade Green. Dartford Dartford, Kent DA1 14SL
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HIGH GLORY ASSOCIATES LIMITED Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
11,601 
14,501 
Current assets
Cash at bank and in hand
3,406 
1,242 
Creditors: amounts falling due within one year
(3,878)
(2,644)
Net current liabilities
(472)
(1,402)
Total assets less current liabilities
11,129 
13,099 
Creditors: amounts falling due after more than one year
(5,900)
(7,226)
Net assets
5,229 
5,873 
Capital and reserves
Called up share capital
500 
500 
Profit and loss account
4,729 
5,373 
Shareholders' funds
5,229 
5,873 
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 18 August 2025 and were signed on its behalf by
Modinat Kike Olanrewaju Director Company Registration No. 07990131
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HIGH GLORY ASSOCIATES LIMITED Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
HIGH GLORY ASSOCIATES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07990131. The registered office is London House Business Centre, Thames Road, Crayford, Dartford, Kent, DA1 4SL, England.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% at straight line method
Motor vehicles
25% at straight line method
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
683 
- 
683 
At 31 March 2025
683 
- 
683 
Depreciation
At 1 April 2024
682 
(14,500)
(13,818)
Charge for the year
- 
2,900 
2,900 
At 31 March 2025
682 
(11,600)
(10,918)
Net book value
At 31 March 2025
1 
11,600 
11,601 
At 31 March 2024
1 
14,500 
14,501 
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HIGH GLORY ASSOCIATES LIMITED Notes to the Accounts for the year ended 31 March 2025
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
2,658 
1,022 
Taxes and social security
1,220 
1,622 
3,878 
2,644 
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
5,900 
1,250 
Other creditors
- 
5,976 
5,900 
7,226 
7
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
500 Ordinary shares of £1 each
500 
500 
8
Average number of employees
During the year the average number of employees was 5 (2024: 5).
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