Glovebox Property Ltd

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3

Registered number: 11808948

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		95,112		95,520

			95,112		95,520
CURRENT ASSETS
Cash at bank and in hand		1,483		1,790

		1,483		1,790
Creditors: Amounts Falling Due Within One Year		(79,607 )		(68,021 )

NET CURRENT ASSETS (LIABILITIES)			(78,124 )		(66,231 )

TOTAL ASSETS LESS CURRENT LIABILITIES			16,988		29,289

Creditors: Amounts Falling Due After More Than One Year			(109,533 )		(113,224 )

NET LIABILITIES			(92,545 )		(83,935 )

CAPITAL AND RESERVES
Called up share capital	5		100		100
Profit and Loss Account			(92,645 )		(84,035 )

SHAREHOLDERS' FUNDS			(92,545)		(83,935)

Page 1

Page 2

Glovebox Property Ltd

Abridged Balance Sheet (continued)

As At 28 February 2025

For the year ending 28 February 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.

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 Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 28 February 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Andrew Glover

Director

29th September 2025

The notes on page 3 form part of these financial statements.

1. General Information

Glovebox Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11808948 . The registered office is 8 Chapel Street, Belper, Derbyshire, DE56 1AR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.3. Tangible Fixed Assets and Depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold	no depreciation
Fixtures & Fittings	20% reducing balance

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Tangible Assets

	Total
	£
Cost
As at 29 February 2024	97,464

As at 28 February 2025	97,464

Depreciation
As at 29 February 2024	1,944
Provided during the period	408

As at 28 February 2025	2,352

Net Book Value
As at 28 February 2025	95,112

As at 29 February 2024	95,520

5. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100