Glorious Day Ltd

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

Registered number: 04045932

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		1,555,578		1,568,269
Tangible Assets	5		80,156		103,191

			1,635,734		1,671,460
CURRENT ASSETS
Stocks	6	10,000		10,000
Debtors	7	97,447		59,765
Cash at bank and in hand		4,647		23,595

		112,094		93,360
Creditors: Amounts Falling Due Within One Year	8	(908,648 )		(801,193 )

NET CURRENT ASSETS (LIABILITIES)			(796,554 )		(707,833 )

TOTAL ASSETS LESS CURRENT LIABILITIES			839,180		963,627

Creditors: Amounts Falling Due After More Than One Year	9		(1,004,965 )		(1,133,555 )

NET LIABILITIES			(165,785 )		(169,928 )

CAPITAL AND RESERVES
Called up share capital	10		184		2
Profit and Loss Account			(165,969 )		(169,930 )

SHAREHOLDERS' FUNDS			(165,785)		(169,928)

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Glorious Day Ltd

Balance Sheet (continued)

As At 31 August 2025

For the year ending 31 August 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 Laurence Coen

Director

28/08/2026

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

1. General Information

Glorious Day Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 04045932 . The registered office is Unit A3, Gateway Tower, 32 Western Gateway, London, E16 1YL.

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. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.4. 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:

Plant & Machinery	25% SLM
Motor Vehicles	33.33% SLM
Fixtures & Fittings	25% RB
Computer Equipment	25% SLM

2.5. 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.

2.6. 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.

Current is 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.

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Glorious Day Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 28 (2024: 20)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 September 2024	1,568,269
Disposals	(12,691 )

As at 31 August 2025	1,555,578

Net Book Value
As at 31 August 2025	1,555,578

As at 1 September 2024	1,568,269

5. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 September 2024	112,262	3,330	-	115,592
Additions	1,136	-	2,042	3,178

As at 31 August 2025	113,398	3,330	2,042	118,770

Depreciation
As at 1 September 2024	12,262	139	-	12,401
Provided during the period	25,117	798	298	26,213

As at 31 August 2025	37,379	937	298	38,614

Net Book Value
As at 31 August 2025	76,019	2,393	1,744	80,156

As at 1 September 2024	100,000	3,191	-	103,191

6. Stocks

	2025	2024
	£	£
Stock	10,000	10,000

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	20,266	23,867
Other debtors	77,181	35,898

	97,447	59,765

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Glorious Day Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	376,789	353,115
Other loans	299,164	398,522
Other creditors	93,406	49,556
Taxation and social security	139,289	-

	908,648	801,193

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Other loans	1,004,965	1,133,555

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	184	2

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