GLAM STITCH LIMITED

Company Registration Number:
NI659116 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 January 2025

Period of accounts

Start date: 01 February 2024

End date: 31 January 2025

GLAM STITCH LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2025

Balance sheet
Notes

GLAM STITCH LIMITED

Balance sheet

As at 31 January 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 1,283 1,339
Total fixed assets: 1,283 1,339
Current assets
Stocks: 3,000 4,200
Debtors:   3,392 1,327
Cash at bank and in hand: 24,765 12,698
Total current assets: 31,157 18,225
Creditors: amounts falling due within one year:   (20,382) (14,510)
Net current assets (liabilities): 10,775 3,715
Total assets less current liabilities: 12,058 5,054
Creditors: amounts falling due after more than one year:   (667) (2,667)
Total net assets (liabilities): 11,391 2,387
Capital and reserves
Called up share capital: 10 10
Profit and loss account: 11,381 2,377
Shareholders funds: 11,391 2,387

The notes form part of these financial statements

GLAM STITCH LIMITED

Balance sheet statements

For the year ending 31 January 2025 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 19 August 2025
and signed on behalf of the board by:

Name: Ms M Wojtas
Status: Director

The notes form part of these financial statements

GLAM STITCH LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Tangible fixed assets and depreciation policy

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life.

GLAM STITCH LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

2. Employees

2025 2024
Average number of employees during the period 2 1

GLAM STITCH LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

3. Tangible Assets

Total
Cost £
At 01 February 2024 4,308
Additions 795
At 31 January 2025 5,103
Depreciation
At 01 February 2024 2,969
Charge for year 851
At 31 January 2025 3,820
Net book value
At 31 January 2025 1,283
At 31 January 2024 1,339