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Company Registration No. 08426107 (England and Wales)
Glorwell Ltd Unaudited accounts for the year ended 31 March 2026
Glorwell Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Glorwell Ltd Company Information for the year ended 31 March 2026
Director
Mrs Jiahui Zhuo
Secretary
Mr Xiaoguang Chen
Company Number
08426107 (England and Wales)
Registered Office
9 Limes Avenue WALTHAM CROSS EN8 7FR UK
Accountants
Xiangli & Co. Ltd 5 Richmond Lane, Dartford Kent DA1 5UG
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Glorwell Ltd Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
-
31
Current assets
Debtors
5
1,941
3,191
Cash at bank and in hand
79,996
77,203
81,937
80,394
Creditors: amounts falling due within one year
6
(54,272)
(23,488)
Net current assets
27,665
56,906
Net assets
27,665
56,937
Capital and reserves
Called up share capital
7
245,000
245,000
Profit and loss account
(217,335)
(188,063)
Shareholders' funds
27,665
56,937
For the year ending 31 March 2026 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 May 2026 and were signed on its behalf by
Mrs Jiahui Zhuo Director Company Registration No. 08426107
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Glorwell Ltd Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
Glorwell Ltd is a private company, limited by shares, registered in England and Wales, registration number 08426107. The registered office is 9 Limes Avenue, WALTHAM CROSS, EN8 7FR, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
3 years
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 April 2025
1,092
At 31 March 2026
1,092
Depreciation
At 1 April 2025
1,061
Charge for the year
31
At 31 March 2026
1,092
Net book value
At 31 March 2026
-
At 31 March 2025
31
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Glorwell Ltd Notes to the Accounts for the year ended 31 March 2026
5
Debtors
2026
2025
£
£
Amounts falling due within one year
VAT
441
191
Accrued income and prepayments
1,500
3,000
1,941
3,191
6
Creditors: amounts falling due within one year
2026
2025
£
£
Loans from directors
54,272
23,488
7
Share capital
2026
2025
£
£
Allotted, called up and fully paid:
245,000 Ordinary shares of £1 each
245,000
245,000
8
Average number of employees
During the year the average number of employees was 2 (2025: 2).
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