Acorah Software Products - Accounts Production 16.5.460 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 07835498 Mr Rohan Kotecha Ms Kiran Hunjan Mrs Nayna Kotecha iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07835498 2023-11-30 07835498 2024-11-30 07835498 2023-12-01 2024-11-30 07835498 frs-core:CurrentFinancialInstruments 2024-11-30 07835498 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-01 2024-11-30 07835498 frs-core:FurnitureFittings 2024-11-30 07835498 frs-core:FurnitureFittings 2023-12-01 2024-11-30 07835498 frs-core:FurnitureFittings 2023-11-30 07835498 frs-core:MotorVehicles 2024-11-30 07835498 frs-core:MotorVehicles 2023-12-01 2024-11-30 07835498 frs-core:MotorVehicles 2023-11-30 07835498 frs-core:SharePremium 2024-11-30 07835498 frs-core:ShareCapital 2024-11-30 07835498 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 07835498 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 07835498 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 07835498 frs-bus:SmallEntities 2023-12-01 2024-11-30 07835498 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 07835498 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 07835498 frs-bus:Director1 2023-12-01 2024-11-30 07835498 frs-bus:Director2 2023-12-01 2024-11-30 07835498 frs-bus:Director3 2023-12-01 2024-11-30 07835498 frs-core:CurrentFinancialInstruments 1 2024-11-30 07835498 frs-countries:EnglandWales 2023-12-01 2024-11-30 07835498 2022-11-30 07835498 2023-11-30 07835498 2022-12-01 2023-11-30 07835498 frs-core:CurrentFinancialInstruments 2023-11-30 07835498 frs-core:SharePremium 2023-11-30 07835498 frs-core:ShareCapital 2023-11-30 07835498 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 07835498 frs-core:CurrentFinancialInstruments 1 2023-11-30
Registered number: 07835498
Glamorous Lengths Ltd
Financial Statements
For The Year Ended 30 November 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 07835498
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 7,705 7,923
7,705 7,923
CURRENT ASSETS
Stocks 5 641,980 627,055
Debtors 6 69,735 143,030
Cash at bank and in hand 151,771 201,777
863,486 971,862
Creditors: Amounts Falling Due Within One Year 7 (680,147 ) (822,607 )
NET CURRENT ASSETS (LIABILITIES) 183,339 149,255
TOTAL ASSETS LESS CURRENT LIABILITIES 191,044 157,178
NET ASSETS 191,044 157,178
CAPITAL AND RESERVES
Called up share capital 8 10 10
Share premium account 858 858
Income Statement 190,176 156,310
SHAREHOLDERS' FUNDS 191,044 157,178
Page 1
Page 2
For the year ending 30 November 2024 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mr Rohan Kotecha
Director
12 August 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Glamorous Lengths Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07835498 . The registered office is 82 Ballards Lane, Finchley, London, N3 2DL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of
discounts and value added taxes. Turnover includes revenue earned from the sale of goods and
from the rendering of services. Turnover from the sale of goods is recognised when the
significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover
from the rendering of services is recognised by reference to the stage of completion of the
contract. The stage of completion of a contract is measured by comparing the costs incurred for
work performed to date to the total estimated contract costs.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible fixed assets are measured at cost less accumulative amortisation and any
accumulative impairment losses
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 20% WDV
Fixtures & Fittings 25% WDV
2.5. Stocks and Work in Progress
Stocks are measured at the lower of cost and estimated selling price less costs to complete and
sell. Cost is determined using the first in first out method. The carrying amount of stock sold is
recognised as an expense in the period in which the related revenue is recognised
2.6. Foreign Currencies
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the
date of the transaction. At the end of each reporting period foreign currency monetary items are
translated at the closing rate of exchange. Non-monetary items that are measured at historical
cost are translated at the rate ruling at the date of the transaction. All differences are charged to
profit or loss
2.7. Taxation
IA current tax liability is recognised for the tax payable on the taxable profit of the current and past
periods. A current tax asset is recognised in respect of a tax loss that can be carried back to
recover tax paid in a previous period. Deferred tax is recognised in respect of all timing
differences between the recognition of income and expenses in the financial statements and their
inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised
only 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 and that are expected to
apply to the reversal of the timing difference, except for revalued land and investment property
where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets
and liabilities are not discounted.
2.8. Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any
impairment losses for bad and doubtful debts. Loans and other financial assets are initially
recognised at transaction price including any transaction costs and subsequently measured at
amortised cost determined using the effective interest method, less any impairment losses for
bad and doubtful debts.
Page 3
Page 4
2.9. Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans
and other financial liabilities are initially recognised at transaction price net of any transaction
costs and subsequently measured at amortised cost determined using the effective interest
method.
2.10.
Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation
at the reporting date as a result of a past event, it is probable that economic benefit will be
transferred to settle the obligation and the amount of the obligation can be estimated reliably.

Leased assets

A lease is classified as a finance lease if it transfers substantially all the risks and rewards
incidental to ownership. All other leases are classified as operating leases. The rights of use and
obligations under finance leases are initially recognised as assets and liabilities at amounts equal
to the fair value of the leased assets or, if lower, the present value of the minimum lease
payments. Minimum lease payments are apportioned between the finance charge and the
reduction in the outstanding liability using the effective interest rate method. The finance charge
is allocated to each period during the lease so as to produce a constant periodic rate of interest
on the remaining balance of the liability. Leased assets are depreciated in accordance with the
company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will
be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term
and its useful life. Operating lease payments are recognised as an expense on a straight line
basis over the lease term.

Pensions

Contributions to defined contribution plans are expensed in the period to which they relate.



3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 December 2023 15,949 35,110 51,059
Additions - 1,709 1,709
As at 30 November 2024 15,949 36,819 52,768
Depreciation
As at 1 December 2023 11,644 31,492 43,136
Provided during the period 861 1,066 1,927
As at 30 November 2024 12,505 32,558 45,063
Net Book Value
As at 30 November 2024 3,444 4,261 7,705
As at 1 December 2023 4,305 3,618 7,923
Page 4
Page 5
5. Stocks
2024 2023
£ £
Stock 641,980 627,055
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 69,735 143,030
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 6,305 3,699
Bank loans and overdrafts - 33,371
Corporation tax 25,188 16,254
Other taxes and social security 51,151 31,074
Other creditors (1) 597,503 738,209
680,147 822,607
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
9. Related Party Transactions
Mr. Rohan Kotecha, Mrs. Nayna Kotecha, Ms. Kiran Hunjan are director of the company. At the
end of the year amount owed by the company to the director is £14,109.86 (2023: -£73,890.14).
During the year, the company has declared dividend of £0.00 (2023: £0.00).
10. Other information
Glamorous Lengths Ltd is a private company limited by shares and incorporated in England. Its
registered office is:
82 Ballards Lane,
Finchley,
London,
United Kingdom,
N3 2DL
Page 5