| Registered Number:06531113 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
The Glove Store Ltd
Statement of Financial Position
2024
2025
| Property, plant and equipment |
2,478
3,305
2
2,478
3,305
29,446
31,749
3
| Trade and other receivables |
17,209
2,197
4
28,581
| Cash and cash equivalents |
20,040
53,986
75,236
| Trade and other payables: amounts falling due within one |
| year |
(20,331)
(12,173)
5
54,905
41,813
Net current assets
| Total assets less current liabilities |
44,291
58,210
44,291
Net assets
58,210
30,000
30,000
14,291
28,210
44,291
58,210
Shareholders' funds
| For the year ended 31 March 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 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 proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Mr David John Horrocks Director |
| These financial statements were approved and authorised for issue by the Board on 04 December 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
The Glove Store Ltd
Notes to the Financial Statements
Statutory Information
| The Glove Store Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration |
| number 06531113. |
| Principal place of business: |
3B Colyton Business Park
The Wheeler's Yard
Colyton
Devon
EX24 6DT
48 The Causeway
Chippenham
Wiltshire
SN15 3DD
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Computer equipment
Inventories
| Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
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For the year ended 31 March 2025
The Glove Store Ltd
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
22,401
20,772
1,629
1,629
20,772
22,401
| Provision for depreciation and impairment |
19,096
18,001
1,095
Charge for year
827
693
134
19,923
18,694
1,229
400
2,078
2,478
534
2,771
3,305
2024
2025
31,749
29,446
| 4. Trade and other receivables |
2024
2025
1,517
1,559
680
15,650
17,209
2,197
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
8,096
13,556
| Taxation and social security |
4,064
6,686
13
89
12,173
20,331
| 6. Average number of persons employed |
During the year the average number of employees was 2 (2024 : 2)
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For the year ended 31 March 2025
The Glove Store Ltd
Notes to the Financial Statements Continued
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