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Registered number: 07946299
Glass Resort Limited
ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
Prepared By:
Lindrick Accountancy Services Ltd
205 Outgang Lane
Dinnington
Sheffield
S25 3QY
Glass Resort Limited
ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
DIRECTORS
Lincoln Brown
James Richardson
REGISTERED OFFICE
Unit 1 Shortwood Court
Shortwood Business Park
Hoyland
Barnsley
S74 9LH
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 07946299
ACCOUNTANTS
Lindrick Accountancy Services Ltd
205 Outgang Lane
Dinnington
Sheffield
S25 3QY
Glass Resort Limited
ACCOUNTS
FOR THEYEARENDED31/12/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Glass Resort Limited
BALANCE SHEET AT 31/12/2024
20242023
Notes££
FIXED ASSETS
Tangible assets3156,216186,274
CURRENT ASSETS
Stock437,496386,604
Debtors5410,503532,887
Cash at bank and in hand716,417695,081
1,564,4161,614,572
CREDITORS: Amounts falling due within one year6187,666533,149
NET CURRENT ASSETS1,376,7501,081,423
TOTAL ASSETS LESS CURRENT LIABILITIES1,532,9661,267,697
CAPITAL AND RESERVES
Called up share capital72020
Profit and loss account1,532,9461,267,677
SHAREHOLDERS' FUNDS1,532,9661,267,697
For the year ending 31/12/2024 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 30/09/2025 and signed on their behalf by
.............................
Lincoln Brown
Director
Glass Resort Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
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 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinery 20%
Fixtures and Fittings 20%
Motor Cars 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
2. EMPLOYEES
20242023
No.No.
Average number of employees4749
Glass Resort Limited
3. TANGIBLE FIXED ASSETS
Short LeaseholdPlant andFixtures
PropertiesMachineryand FittingsMotor CarsTotal
£££££
Cost
At 01/01/202458,65590,171164,90649,723363,455
Disposals-(5,712)(20,500)-(26,212)
At 31/12/202458,65584,459144,40649,723337,243
Depreciation
At 01/01/2024-63,173100,29613,712177,181
Disposals-(5,047)(17,749)-(22,796)
For the year-5,26712,3729,00326,642
At 31/12/2024-63,39394,91922,715181,027
Net Book Amounts
At 31/12/202458,65521,06649,48727,008156,216
At 31/12/202358,65526,99864,61036,011186,274
4. STOCK 20242023
££
Stock comprises:
Stock437,496386,604
437,496386,604
5. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors205,528231,415
Other debtors7,375129,899
Prepayments8,532171,573
221,435532,887
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
VAT78,20548,939
PAYE control30,34132,218
Directors current account931,751
Credit card1,9092,245
Hire purchase8,38022,090
Trade creditors49,365375,526
Other creditors-6,765
Accruals19,37343,615
187,666533,149
Glass Resort Limited
7. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
20 Ordinary shares of £1 each2020
2020