1 November 2024 v2026.26.1 limited_company_frs_102_section_1a_v1_1_3 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsexbrli:purexbrli:sharesiso4217:GBP098146112024-11-012025-10-31098146112025-10-3109814611bus:Director12024-11-012025-10-3109814611bus:Director22024-11-012025-10-3109814611bus:RegisteredOffice2024-11-012025-10-31098146112023-11-012024-10-31098146112024-10-3109814611core:WithinOneYear2025-10-3109814611core:WithinOneYear2024-10-3109814611core:AfterOneYear2024-10-3109814611core:ShareCapital2025-10-3109814611core:ShareCapital2024-10-3109814611core:RetainedEarningsAccumulatedLosses2025-10-3109814611core:RetainedEarningsAccumulatedLosses2024-10-3109814611core:PlantMachinery2025-10-3109814611core:PlantMachinery2024-11-0109814611core:PlantMachinery2024-11-012025-10-3109814611core:PlantMachinery2024-10-310981461112024-11-012025-10-3109814611countries:EnglandWales2024-11-012025-10-3109814611bus:AuditExemptWithAccountantsReport2024-11-012025-10-3109814611bus:PrivateLimitedCompanyLtd2024-11-012025-10-3109814611bus:SmallEntities2024-11-012025-10-3109814611bus:FullAccounts2024-11-012025-10-31
Company registration number:
09814611
Glorious Spa (Rustington) Ltd
Unaudited Financial Statements for the year ended
31 October 2025
Glorious Spa (Rustington) Ltd
Officers and Professional Advisers
Year ended
31 October 2025
Directors
Ms Stephanie Ridge
Ms Claire Connolly
Registered office
The Bungalow
Bognor Road
Chichester
West Sussex
PO20 1EG
United Kingdom
Accountant
Benford Accountancy ltd
Certified
Bizspace
Courtwick Lane
Littlehampton
West Sussex
BN17 7TL
United Kingdom
Glorious Spa (Rustington) Ltd
Directors' Report
Year ended
31 October 2025
The directors present their report and the unaudited
financial statements
of the company for the year ended 31 October 2025.

Directors

The directors who served the company during the year were as follows:
Ms Stephanie Ridge
Ms Claire Connolly

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on
1 July 2026
and signed on behalf of the board by:
Ms Stephanie Ridge
Director
Glorious Spa (Rustington) Ltd
Report of the Accountant to the directors of Glorious Spa (Rustington) Ltd
Year ended
31 October 2025
These financial statements have been prepared in accordance with my terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended
31 October 2025
.
I have prepared these financial statements based on the accounting records, information and explanations provided by you. I do not express any opinion on the financial statements.
On the statement of financial position you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give a "true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the directors for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Benford Accountancy ltd
Certified
Bizspace
Courtwick Lane
Littlehampton
West Sussex
BN17 7TL
United Kingdom
Glorious Spa (Rustington) Ltd
Income Statement
Year ended
31 October 2025
20252024
Note££
Turnover
365,426
 
294,568
 
Cost of sales
(40,167
) (36,047 )
Gross profit
325,259
 
258,521
 
Administrative expenses
(312,235
)
(271,738
)
Operating profit/(loss)
13,024
 
(13,217
)
Other interest receivable and similar income -  
20
 
Profit/(loss) before tax 4
13,024
 
(13,197
)
Tax on profit/(loss) -   -  
Profit/(loss) for the financial year
13,024
 
(13,197
)
The company has no other recognised items of income or expense other than the results for the year as set out above.
Glorious Spa (Rustington) Ltd
Statement of Financial Position
31 October 2025
20252024
Note££
Fixed assets    
Tangible assets 6
3,684
 
4,994
 
Current assets    
Stocks
6,000
 
6,000
 
Cash at bank and in hand
43,488
 
49,412
 
49,488
 
55,412
 
Creditors: amounts falling due within one year 7
(28,771
)
(32,434
)
Net current assets
20,717
 
22,978
 
Total assets less current liabilities 24,401   27,972  
Creditors: amounts falling due after more than one year 8 -  
(16,595
)
Net assets
24,401
 
11,377
 
Capital and reserves    
Called up share capital
2
 
2
 
Profit and loss account
24,399
 
11,375
 
Shareholders funds
24,401
 
11,377
 
For the year ending
31 October 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
These
financial statements
were approved by the board of directors and authorised for issue on
1 July 2026
, and are signed on behalf of the board by:
Ms Stephanie Ridge
Director
Company registration number:
09814611
Glorious Spa (Rustington) Ltd
Notes to the Financial Statements
Year ended
31 October 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
The Bungalow
,
Bognor Road
,
Chichester
,
West Sussex
,
PO20 1EG
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4 Profit/loss before tax

Profit/loss before tax is stated after charging/(crediting):
20252024
££
Depreciation of tangible assets
1,310
 
1,268
 

5 Average number of employees

The average number of persons employed by the company during the year was
9
(2024:
8.00
).

6 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 November 2024
and
31 October 2025
20,354
 
Depreciation  
At
1 November 2024
15,360
 
Charge
1,310
 
At
31 October 2025
16,670
 
Carrying amount  
At
31 October 2025
3,684
 
At 31 October 2024
4,994
 

7 Creditors: amounts falling due within one year

20252024
££
Bank loans and overdrafts
6,704
 
10,056
 
Trade creditors
5,858
 
6,405
 
Taxation and social security
16,209
 
15,973
 
28,771
 
32,434
 

8 Creditors: amounts falling due after more than one year

20252024
££
Bank loans and overdrafts -  
16,595