Glasswork Properties Ltd

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

Registered number: 12117262

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		47,560		47,560

			47,560		47,560
CURRENT ASSETS
Cash at bank and in hand		1		1

		1		1
Creditors: Amounts Falling Due Within One Year	5	(27,089 )		(27,089 )

NET CURRENT ASSETS (LIABILITIES)			(27,088 )		(27,088 )

TOTAL ASSETS LESS CURRENT LIABILITIES			20,472		20,472

Creditors: Amounts Falling Due After More Than One Year	6		(85,774 )		(85,774 )

NET LIABILITIES			(65,302 )		(65,302 )

CAPITAL AND RESERVES
Called up share capital	7		1		1
Profit and Loss Account			(65,303 )		(65,303 )

SHAREHOLDERS' FUNDS			(65,302)		(65,302)

For the year ending 31 July 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

On behalf of the board

Mr Russell Moreton

Director

01/12/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Glasswork Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12117262 . The registered office is 63/66 Hatton Garden, London, EC1N 8LE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold

25% on net book value

3. Average Number of Employees

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

4. Tangible Assets

	Land & Property
	Leasehold
	£
Cost
As at 1 August 2024	49,762

As at 31 July 2025	49,762

Depreciation
As at 1 August 2024	2,202

As at 31 July 2025	2,202

Net Book Value
As at 31 July 2025	47,560

As at 1 August 2024	47,560

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	2,601	2,601
Other taxes and social security	24,488	24,488

	27,089	27,089

6. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Brewery loan	37,464	37,464
Bounce back loan	48,310	48,310

	85,774	85,774

Page 2

Page 3

Glasswork Properties Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1