REGISTERED NUMBER: 01714688 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Glamis Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S K Chami

Mr C S Chami

REGISTERED OFFICE:

21 South Court

The Courtyard

Woodlands, Bradley Stoke

Bristol

S GLOS

BS32 4NH

REGISTERED NUMBER:

01714688 (England and Wales)

ACCOUNTANTS:

Stanley Joseph Limited

Chartered Accountants

Suite 1

Liberty House

South Liberty Lane

Bristol

BS3 2ST

BANKERS:

HSBC Bank Plc

2 North Walk

Yate

Bristol

BS37 4AR

FIXED ASSETS

Tangible assets

4

1,421

2,036

CURRENT ASSETS

Cash at bank and in hand

139,205

115,484

CREDITORS

Amounts falling due within one year

5

21,972

20,096

NET CURRENT ASSETS

117,233

95,388

TOTAL ASSETS LESS CURRENT LIABILITIES

118,654

97,424

PROVISIONS FOR LIABILITIES

353

507

NET ASSETS

118,301

96,917

CAPITAL AND RESERVES

Called up share capital

6

5,000

5,000

Other reserves

34,383

34,383

Retained earnings

78,918

57,534

SHAREHOLDERS' FUNDS

118,301

96,917

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 November 2025 and were signed on its behalf by:

Mr S K Chami - Director

1.	STATUTORY INFORMATION

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover represents the amounts receivable, excluding VAT and trade discounts, by the company for goods and services provided during the year. All transactions arose in the United Kingdom.

Tangible fixed assets

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

Fixtures and fittings

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2024

23,475

Additions

291

At 31 March 2025

23,766

DEPRECIATION

At 1 April 2024

21,439

Charge for year

906

At 31 March 2025

22,345

NET BOOK VALUE

At 31 March 2025

1,421

At 31 March 2024

2,036

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

20,727

18,307

Other creditors

1,245

1,789

21,972

20,096

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

5,000

Ordinary

£1

5,000

5,000

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr S K Chami.