WE ARE GLOO LIMITED

WE ARE GLOO LIMITED
Contents Page
For the year ended 30 April 2025

Statement of financial position	1
Notes to the financial statements	2

WE ARE GLOO LIMITED
Statement of Financial Position
As at 30 April 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	1,633	3,266
		1,633	3,266
Current assets
Debtors		96,930	185,170
Cash at bank and in hand		4,223	7,983
		101,153	193,153
Creditors: amount falling due within one year		(278,006)	(181,887)
Net current assets		(176,853)	11,266

Total assets less current liabilities		(175,220)	14,532
Creditors: amount falling due after more than one year		0	(216,571)
Net assets		(175,220)	(202,039)

Capital and reserves
Called up share capital	4	100	100
Profit and loss account		(175,320)	(202,139)
Shareholders' funds		(175,220)	(202,039)

For the year ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006 the income statement has not been delivered to the Registrar of Companies.

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

The financial statements were approved by the board of directors on 11 October 2025 and were signed on its behalf by:

-------------------------------
Gary Ince
Director

1

WE ARE GLOO LIMITED
Notes to the Abridged Financial Statements
For the year ended 30 April 2025

General Information

The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The financial statements are presented in pound sterling (£) and this is the functional currency of the company.

1.

Accounting policies

Compliance with applicable reporting framework

The financial statements have been prepared under the historical cost convention and in compliance with FRS 102 Section 1A as it applies to the financial statement for the period and there were no material departures from the reporting standard.

Turnover

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

Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost), less accumulated depreciation and accumulated impairment losses. Cost includes the original purchase price, costs directly attributable to bringing the asset to its working condition for its intended use, dismantling and restoration costs.

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

Computer Equipment - Straight Line

4 years

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 5 (2024 : 5).

3.

Tangible fixed assets

Cost or valuation	Plant and machinery etc	Total
	£	£
At 01 May 2024	6,532	6,532
Additions	-	-
Disposals	-	-
At 30 April 2025	6,532	6,532
Depreciation
At 01 May 2024	3,266	3,266
Charge for year	1,633	1,633
On disposals	-	-
At 30 April 2025	4,899	4,899
Net book values
Closing balance as at 30 April 2025	1,633	1,633
Opening balance as at 01 May 2024	3,266	3,266

4.

Share Capital

Authorised
100 Class A shares of £1.00 each

Allotted, called up and fully paid	2025 £		2024 £
100 Class A shares of £1.00 each	100		100
	100		100

2

Registered Number: 14029216
England and Wales
WE ARE GLOO LIMITED

Abridged Accounts

Period of accounts Start date: 01 May 2024 End date: 30 April 2025