REGISTERED NUMBER: 13625131 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2025

for

Glide Removals Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

D B Mclean

Miss K M Stannard

REGISTERED OFFICE:

43 Carmarthen Road

Cheltenham

GL51 3JZ

REGISTERED NUMBER:

13625131 (England and Wales)

ACCOUNTANTS:

HATS Gloucester Ltd

48 Hucclecote Road

Gloucester

Gloucestershire

GL3 3RS

BANKERS:

Clearbank Limited

4th Floor

Prologue Works

25 Marsh Street

Bristol

BS1 4AX

FIXED ASSETS

Tangible assets

4

10,657

13,320

CURRENT ASSETS

Debtors

5

2,247

5,044

Cash at bank

5,363

1,783

7,610

6,827

CREDITORS

Amounts falling due within one year

6

16,478

18,429

NET CURRENT LIABILITIES

(8,868

)

(11,602

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,789

1,718

PROVISIONS FOR LIABILITIES

1,250

1,586

NET ASSETS

539

132

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

439

32

SHAREHOLDERS' FUNDS

539

132

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 April 2026 and were signed on its behalf by:

Miss K M Stannard - Director

1.	STATUTORY INFORMATION

Glide Removals Ltd 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 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

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Computer equipment

-

33% 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Going concern

Despite net current liabilities of £8,868 (2024 - £11,602), the directors have reviewed future cash flows and expressed their willingness to financially support the company for the foreseeable future and therefore consider it appropriate to prepare the financial statements on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

Cost

At 1 October 2024

and 30 September 2025

26,017

816

26,833

Depreciation

At 1 October 2024

12,697

816

13,513

Charge for year

2,663

-

2,663

At 30 September 2025

15,360

816

16,176

Net book value

At 30 September 2025

10,657

-

10,657

At 30 September 2024

13,320

-

13,320

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

Cost

At 1 October 2024

9,022

Transfer to ownership

(9,022

)

At 30 September 2025

-

Depreciation

At 1 October 2024

4,403

Transfer to ownership

(4,403

)

At 30 September 2025

-

Net book value

At 30 September 2025

-

At 30 September 2024

4,619

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/9/25

30/9/24

£

£

Trade debtors

1,790

4,511

Amounts owed by group undertakings

100

100

Other debtors

357

433

2,247

5,044

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/9/25

30/9/24

£

£

Hire purchase contracts

-

1,075

Trade creditors

708

1,344

Taxation and social security

11,450

6,782

Other creditors

4,320

9,228

16,478

18,429

7.	RELATED PARTY DISCLOSURES

D B Mclean & Miss K M Stannard

Directors

At 30 September 2025, the company owed the directors £3,299 (2024 - £8,102). The unsecured loan balance is interest free and has no fixed repayment date.

Glide Enterprises Ltd

Parent company

A loan exists between the company and its parent company Glide Enterprises Ltd. At 30 September 2025, Glide Enterprises Ltd owed the company £100 (2024 - £100). The unsecured loan is interest free with no fixed repayment terms.

8.	ULTIMATE CONTROLLING PARTY

The company is controlled by Glide Enterprises Ltd, a company controlled by the directors D B Mclean and Miss K M Stannard. Glide Enterprises Ltd, which shares the same registered office as Glide Removals Ltd, has taken the option under Section 399(2A) of the Companies Act 2006 not to prepare consolidated financial statements.