Glowquest Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 02171463

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		100,866		120,450

			100,866		120,450
CURRENT ASSETS
Stocks	5	82,777		87,236
Debtors	6	84,199		68,064
Investments	7	200,000		200,000
Cash at bank and in hand		220,976		303,764

		587,952		659,064
Creditors: Amounts Falling Due Within One Year	8	(207,015 )		(323,812 )

NET CURRENT ASSETS (LIABILITIES)			380,937		335,252

TOTAL ASSETS LESS CURRENT LIABILITIES			481,803		455,702

NET ASSETS			481,803		455,702

CAPITAL AND RESERVES
Called up share capital	9		2		2
Profit and Loss Account			481,801		455,700

SHAREHOLDERS' FUNDS			481,803		455,702

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Glowquest Limited

Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 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 in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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 Paul Copeland

Director

23/07/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Glowquest Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02171463 . The registered office is Post Office Buildings, Cromwell road, Ellesmere Port, Cheshire, CH65 4AA.

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. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. 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:

Freehold	2% Straight line
Leasehold	10% Straight line
Plant & Machinery	25% Straight line
Motor Vehicles	25% Straight line
Fixtures & Fittings	25% Straight line

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Glowquest Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 8 (2024: 8)

4. Tangible Assets

	Land & Property
	Freehold	Leasehold	Plant & Machinery	Motor Vehicles
	£	£	£	£
Cost
As at 1 December 2024	113,716	117,680	25,650	24,492
Additions	-	-	-	-

As at 30 November 2025	113,716	117,680	25,650	24,492

Depreciation
As at 1 December 2024	72,307	44,766	25,649	18,369
Provided during the period	2,274	11,268	-	6,123

As at 30 November 2025	74,581	56,034	25,649	24,492

Net Book Value
As at 30 November 2025	39,135	61,646	1	-

As at 1 December 2024	41,409	72,914	1	6,123


	Fixtures & Fittings	Total
	£	£
Cost
As at 1 December 2024	59,471	341,009
Additions	108	108

As at 30 November 2025	59,579	341,117

Depreciation
As at 1 December 2024	59,468	220,559
Provided during the period	27	19,692

As at 30 November 2025	59,495	240,251

Net Book Value
As at 30 November 2025	84	100,866

As at 1 December 2024	3	120,450

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Glowquest Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

5. Stocks

	2025	2024
	£	£
Stock	82,777	87,236

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	77,678	61,543
Other debtors	6,521	6,521

	84,199	68,064

7. Current Asset Investments

	2025	2024
	£	£
Short term deposits	200,000	200,000

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	120,748	250,556
Other creditors	42,035	30,716
Taxation and social security	44,232	42,540

	207,015	323,812

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

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