Glasslights Ltd 31/10/2025 iXBRL

Company registration number: 02052685

Glasslights Ltd

Trading as Tynant Nursing Home

Unaudited filleted financial statements

31 October 2025

Glasslights Ltd

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

Glasslights Ltd

Directors and other information


	Directors	Dr Riaz Ahmad
		Teresa Ahmad


	Secretary	Dr Riaz Ahmad


	Company number	02052685


	Registered office	Viaduct Road
		Cymmer
		Port Talbot
		SA13 3NR


	Business address	Viaduct Road
		Cymmer
		Port Talbot
		SA13 3NR


	Accountants	C C Jenkins & Partners Ltd
		34 - 35 Tydraw Street
		Port Talbot
		West Glamorgan
		SA13 1BT




	Bankers	Barclays Bank Plc
		Kingsway Business Center
		Swansea

		Nat West Plc


	Solicitors	Cameron,Jones,Hussell & Howe
		1/3 Grove Place
		Port Talbot
		SA13 1BT

Glasslights Ltd

Report to the board of directors on the preparation of the

unaudited statutory financial statements of Glasslights Ltd

Year ended 31 October 2025

As described on the statement of financial position, the directors of the company are responsible for the preparation of the financial statements for the year ended 31 October 2025 which comprise the statement of financial position and related notes.

You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.

C C Jenkins & Partners Ltd

Chartered Certified Accountants

34 - 35 Tydraw Street

Port Talbot

West Glamorgan

SA13 1BT

7 July 2026

Glasslights Ltd

Statement of financial position

31 October 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	1,456,426		1,502,571
		_______		_______
			1,456,426		1,502,571

Current assets
Stocks		3,500		3,500
Debtors	6	121,246		84,653
Cash at bank and in hand		810,828		681,435
		_______		_______
		935,574		769,588
Creditors: amounts falling due
within one year	7	( 385,931)		( 246,758)
		_______		_______
Net current assets			549,643		522,830
			_______		_______
Total assets less current liabilities			2,006,069		2,025,401

Creditors: amounts falling due
after more than one year	8		-		( 51,800)
			_______		_______
Net assets			2,006,069		1,973,601
			_______		_______

Capital and reserves
Called up share capital			2,902		2,902
Profit and loss account			2,003,167		1,970,699
			_______		_______
Shareholders funds			2,006,069		1,973,601
			_______		_______

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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 07 July 2026 , and are signed on behalf of the board by:

Dr Riaz Ahmad

Director

Company registration number: 02052685

Glasslights Ltd

Notes to the financial statements

Year ended 31 October 2025

1. General information

The company is a private company limited by shares, registered in UK. The address of the registered office is Tynant, Viaduct Road, Cymmer, Port Talbot, SA13 3NR.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in 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 financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, 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.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts 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, except to the extent 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 in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Freehold property	-	2 %	straight line
Plant and machinery	-	25 %	reducing balance
Fittings fixtures and equipment	-	25 %	reducing balance
Motor vehicles	-	25 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

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.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 107 (2024: 107 ).

5. Tangible assets

	Freehold property	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£	£
Cost
At 1 November 2024 and 31 October 2025	2,226,436	70,814	368,230	25,425	2,690,905
	_______	_______	_______	_______	_______
Depreciation
At 1 November 2024	730,337	70,109	363,948	23,940	1,188,334
Charge for the year	44,528	175	1,072	370	46,145
	_______	_______	_______	_______	_______
At 31 October 2025	774,865	70,284	365,020	24,310	1,234,479
	_______	_______	_______	_______	_______
Carrying amount
At 31 October 2025	1,451,571	530	3,210	1,115	1,456,426
	_______	_______	_______	_______	_______
At 31 October 2024	1,496,099	705	4,282	1,485	1,502,571
	_______	_______	_______	_______	_______

6. Debtors

	2025	2024
	£	£
Trade debtors	121,246	84,653
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	41,412	115,867
Corporation tax	83,569	( 86,708)
Social security and other taxes	37,333	29,532
Other creditors	223,617	188,067
	_______	_______
	385,931	246,758
	_______	_______

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	-	51,800
	_______	_______

9. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Dr Riaz Ahmad	( 4,125)	( 713,279)	692,462	( 24,942)
		_______	_______	_______	_______

2024
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Dr Riaz Ahmad	( 2,917)	( 647,754)	646,546	( 4,125)
		_______	_______	_______	_______