Glideline Limited Accounts






Glideline Limited

	Company No. 09945104
		Information for Filing with The Registrar
		31 January 2025

The Director presents his report and the accounts for the year ended 31 January 2025.

Principal activities
The principal activity of the company during the year under review was manufacture and installation of glazing.




Director

The Director who served at any time during the year was as follows:

D. Pickering









































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

D. Pickering
Director
15 October 2025

at	31 January 2025
Company No.		09945104	Notes	2025	2024
				£	£
Fixed assets
	Intangible assets		4	352,012	255,614
	Tangible assets		5	562,426	642,996


				914,438	898,610
Current assets
	Stocks		6	125,000	100,000
	Debtors		7	122,851	83,751

	Cash at bank and in hand			794,076	352,261
				1,041,927	536,012
Creditors: Amount falling due within one year			8	(669,932)	(269,440)
Net current assets				371,995	266,572
Total assets less current liabilities				1,286,433	1,165,182
Creditors: Amounts falling due after more than one year			9	(227,146)	(270,427)
Provisions for liabilities
	Deferred taxation			(125,499)	(106,741)

Net assets				933,788	788,014

Capital and reserves
	Called up share capital			100	100



	Profit and loss account		11	933,688	787,914

Total equity				933,788	788,014



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 January 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 15 October 2025 and signed on its behalf by:
D. Pickering
Director
15 October 2025

for the year ended 31 January 2025

General information

Glideline Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 09945104

Its registered office is:

Unit G

Bessemer Way

Great Yarmouth

Norfolk

NR31 0LX

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Intangible fixed assets

Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Leasehold land and buildings

12.5% Straight line

Plant and machinery

20% Reducing balance

Motor vehicles

20% Reducing balance

Furniture, fittings and equipment

33% Straight line

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. 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 inventories recognised as an expense in the period in which the reversal occurs.

Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Foreign currencies

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	32	31

4	Intangible fixed assets
			Computer software	Total
			£	£
		Cost
		At 1 February 2024	255,614	255,614
		Additions	135,510	135,510

		At 31 January 2025	391,124	391,124
		Amortisation and impairment

		Charge for the year	39,112	39,112


		At 31 January 2025	39,112	39,112
		Net book values
		At 31 January 2025	352,012	352,012
		At 31 January 2024	255,614	255,614

5	Tangible fixed assets
			Land and buildings	Plant and machinery	Motor vehicles	Fixtures, fittings and equipment	Total
			£	£	£	£	£
		Cost or revaluation
		At 1 February 2024	39,848	607,232	192,558	23,167	862,805
		Additions	-	8,259	44,920	5,045	58,224


		Disposals	-	-	(18,315)	-	(18,315)
		At 31 January 2025	39,848	615,491	219,163	28,212	902,714
		Depreciation
		At 1 February 2024	9,962	159,507	37,696	12,644	219,809
		Charge for the year	4,981	89,545	29,097	5,794	129,417


		Disposals	-	-	(8,938)	-	(8,938)
		At 31 January 2025	14,943	249,052	57,855	18,438	340,288
		Net book values
		At 31 January 2025	24,905	366,439	161,308	9,774	562,426
		At 31 January 2024	29,886	447,725	154,862	10,523	642,996

6	Stocks
			2025	2024
			£	£
		Raw materials and consumables	125,000	100,000


			125,000	100,000

7	Debtors
			2025	2024
			£	£
		Trade debtors	98,415	52,129





		Other debtors	9,683	9,789
		Prepayments and accrued income	14,753	21,833
			122,851	83,751

8	Creditors:
		amounts falling due within one year
			2025	2024
			£	£

		Bank loans and overdrafts	-	8,040

		Obligations under finance lease and hire purchase contracts	92,087	99,136
		Trade creditors	140,791	31,378

		Taxes and social security	159,972	111,868
		Loans from directors	-	13,133
		Other creditors	2,188	4,385
		Accruals and deferred income	274,894	1,500
			669,932	269,440

9	Creditors:
		amounts falling due after more than one year
			2025	2024
			£	£

		Bank loans and overdrafts	-	10,581

		Obligations under finance lease and hire purchase contracts	227,146	259,846




			227,146	270,427

Share Capital

The company has 100 £1 ordinary shares in issue, fully paid up at par.

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

12	Dividends
			2025	2024
			£	£
		Dividends for the period:
		Dividends paid in the period	7,049	-

			7,049	-

		Dividends by type:

		Equity dividends	7,049	-
			7,049	-

Related party disclosures

Transactions with related parties

Included within other debtors is an interest-free loan (repayable on demand) of £9,683 (2024 - £9,383) to Formshub Ltd, a company controlled by the director.