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Registered number: SC190898






Ozone Gliders Ltd


ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024


ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024





DIRECTORS
D J Pilkington
M J D Cavanagh



SECRETARY
M J D Cavanagh


REGISTERED OFFICE
16 Barnes Green
Livingston
West Lothian
EH54 8PP


COMPANY DETAILS
Private company limited by shares registered in SC - Scotland, registered number SC190898



ACCOUNTANTS
Hodgson and Company
16 Barnes Green
Livingston
West Lothian
EH54 8PP


ACCOUNTS
FOR THEYEARENDED31 DECEMBER 2024



CONTENTS



		Page







Balance Sheet		3

Notes To The Accounts		4


BALANCE SHEET AT 31 December 2024

			2024		2023
	Notes		£		£

FIXED ASSETS
Tangible assets	3		1,115		1,312
Investment Assets	4		349,620		349,620

			350,735		350,932

CURRENT ASSETS
Debtors	5	520,148		936,195
Cash at bank and in hand		1,456,440		1,775,761
		1,976,588		2,711,956
CREDITORS: Amounts falling due within one year	6	1,326,949		2,083,816
NET CURRENT ASSETS			649,639		628,140
TOTAL ASSETS LESS CURRENT LIABILITIES			1,000,374		979,072


PROVISIONS FOR LIABILITIES AND CHARGES	7		250		250

NET ASSETS			1,000,124		978,822

CAPITAL AND RESERVES

Called up share capital			103		103
Other reserves	8		197,149		310,831
Profit and loss account			802,872		667,888
SHAREHOLDERS' FUNDS			1,000,124		978,822

For the year ending 31 December 2024 the company was entitled to exemption 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 23 April 2025 and signed on their behalf by



.............................
M J D Cavanagh
Director




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the cost of assets, less their estimated residual value over their estimated useful lives.

Equipment		reducing balance25%




1a. Basis Of Accounting FRS 1021 a
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.




1c. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.




1d. Research And Development
Expenditure on research and development is written off in the year in which it is incurred.




1f. Foreign Currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating result.




3. TANGIBLE FIXED ASSETS

	Land And
	Buildings	Equipment	Total
	£	£	£
Cost
At 1 January 2024	19,429	23,226	42,655
At 31 December 2024	19,429	23,226	42,655
Depreciation
At 1 January 2024	19,429	21,914	41,343
For the year	-	197	197
At 31 December 2024	19,429	22,111	41,540
Net Book Amounts
At 31 December 2024	-	1,115	1,115
At 31 December 2023	-	1,312	1,312




4. FINANCIAL ASSETS

	Other
	Investments	Total
	£	£
Cost
At 1 January 2024	349,620	349,620
At 31 December 2024	349,620	349,620
Amortisation
Net Book Amounts
At 31 December 2024	349,620	349,620
At 31 December 2023	349,620	349,620




5. DEBTORS	2024	2023
	£	£
Amounts falling due within one year
Trade debtors	288,798	599,761
Other debtors	231,350	336,434
	520,148	936,195




6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2024	2023
	£	£
Corporation tax	226,848	179,181
VAT	9,628	6,285
Trade creditors	80,403	289,930
Other creditors	199,099	310,831
Accruals	810,971	1,297,589
	1,326,949	2,083,816




7. PROVISIONS FOR LIABILITIES	2024	2023
	£	£
Deferred taxation	250	250
	250	250




8. OTHER RESERVES	2024	2023
	£	£
Non-distributable reserves	197,149	310,831
	197,149	310,831




2. EMPLOYEES

	2024	2023
	No.	No.
Average number of employees	2	2