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Registered number: 08089278
GLADGLIDER LIMITED
Unaudited Financial Statements
For The Year Ended 30 November 2025
Bell Anderson Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08089278
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,789,998 1,149,961
Investments 5 311,554 311,554
2,101,552 1,461,515
CURRENT ASSETS
Debtors 6 57,875 628,918
Cash at bank and in hand 1,864 2,599
59,739 631,517
Creditors: Amounts Falling Due Within One Year 7 (1,945,649 ) (1,867,119 )
NET CURRENT ASSETS (LIABILITIES) (1,885,910 ) (1,235,602 )
TOTAL ASSETS LESS CURRENT LIABILITIES 215,642 225,913
PROVISIONS FOR LIABILITIES
Deferred Taxation (26,217 ) (26,217 )
NET ASSETS 189,425 199,696
CAPITAL AND RESERVES
Called up share capital 8 2 2
Revaluation reserve 9 78,652 78,652
Profit and Loss Account 110,771 121,042
SHAREHOLDERS' FUNDS 189,425 199,696
Page 1
Page 2
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 S C Ragg
Director
24/08/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
GLADGLIDER LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 08089278 . The registered office is The Lodge, North Jesmond Avenue, Newcastle Upon Tyne, NE2 3JU.
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 Over 50 years
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 December 2024 1,149,961
Additions 735,515
Disposals (95,478 )
As at 30 November 2025 1,789,998
Net Book Value
As at 30 November 2025 1,789,998
As at 1 December 2024 1,149,961
Page 3
Page 4
5. Investments
Subsidiaries
£
Cost or Valuation
As at 1 December 2024 311,554
As at 30 November 2025 311,554
Provision
As at 1 December 2024 -
As at 30 November 2025 -
Net Book Value
As at 30 November 2025 311,554
As at 1 December 2024 311,554
6. Debtors
2025 2024
£ £
Due within one year
Amounts owed by group undertakings 30,873 503,823
Other debtors 27,002 125,095
57,875 628,918
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Amounts owed to group undertakings 564,482 230,000
Other creditors 1,381,167 1,637,119
1,945,649 1,867,119
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
9. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 December 2024 78,652 121,042
Loss for the year and total comprehensive income - (10,271 )
As at 30 November 2025 78,652 110,771
Page 4