Glandore London Limited

	Page
Company Information	1
Accountants' Report	2
Statement of Financial Position	3—4
Notes to the Financial Statements	5—8

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Accountants' Report

For The Year Ended 30 November 2025

Accountants' Report

Chartered Accountants' report to the director on the preparation of the unaudited statutory accounts of Glandore London Limited For The Year Ended 30 November 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Glandore London Limited For The Year Ended 30 November 2025 which comprise the Income Statement, the Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given to us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Glandore London Limited , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Glandore London Limited and state those matters that we have agreed to state to the director of Glandore London Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Glandore London Limited and its director, as a body, for our work or for this report.

It is your duty to ensure that Glandore London Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Glandore London Limited . You consider that Glandore London Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of Glandore London Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

28/08/2026

Sterling Accounting Solutions Ltd

Chartered Accountants

SAS House

Chipperfield Road

Kings Langley

Hertfordshire

WD4 9JB

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Glandore London Limited

Statement of Financial Position

As At 30 November 2025

Statement of Financial Position

Registered number: 09295235

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		4,158		7,617
Tangible Assets	5		1,441		3,198

			5,599		10,815
CURRENT ASSETS
Stocks		-		310,000
Debtors	7	193,672		177,226
Cash at bank and in hand		244,215		519,765

		437,887		1,006,991
Creditors: Amounts Falling Due Within One Year	8	(55,645 )		(571,022 )

NET CURRENT ASSETS (LIABILITIES)			382,242		435,969

TOTAL ASSETS LESS CURRENT LIABILITIES			387,841		446,784

NET ASSETS			387,841		446,784

CAPITAL AND RESERVES
Called up share capital	9		2		2
Income Statement			387,839		446,782

SHAREHOLDERS' FUNDS			387,841		446,784

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Glandore London Limited

Statement of Financial Position (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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement.

On behalf of the board

Sean McNicholas

Director

28/08/2026

The notes on pages 5 to 8 form part of these financial statements.

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Glandore London Limited

Notes to the Financial Statements

For The Year Ended 30 November 2025

Notes to the Financial Statements

1. General Information

Glandore London Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09295235 . The registered office is SAS House, Chipperfield Road, Kings Langley, Hertfordshire, WD4 9JB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

These financial statements have been prepared in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

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.

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 - Other Intangible

Other intangible assets relates to website development. It is amortised to income statement over its estimated economic life of 5 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:

Fixtures & Fittings	20% straight line
Computer Equipment	20% straight line

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Glandore London Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

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. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Intangible Assets

	Other
	£
Cost
As at 1 December 2024	17,293

As at 30 November 2025	17,293

...CONTINUED

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Glandore London Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

Amortisation
As at 1 December 2024	9,676
Provided during the period	3,459

As at 30 November 2025	13,135

Net Book Value
As at 30 November 2025	4,158

As at 1 December 2024	7,617

5. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 December 2024	7,750	1,039	8,789

As at 30 November 2025	7,750	1,039	8,789

Depreciation
As at 1 December 2024	5,296	295	5,591
Provided during the period	1,550	207	1,757

As at 30 November 2025	6,846	502	7,348

Net Book Value
As at 30 November 2025	904	537	1,441

As at 1 December 2024	2,454	744	3,198

6. Investments

	Subsidiaries
	£
Cost or Valuation
As at 1 December 2024	50
Disposals	(50 )

As at 30 November 2025	-

Provision
As at 1 December 2024	50
Impairment losses	(50 )

As at 30 November 2025	-

...CONTINUED

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Glandore London Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

Net Book Value
As at 30 November 2025	-

As at 1 December 2024	-

7. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	83,843	168,241
VAT	-	8,985
Director's loan account	109,829	-

	193,672	177,226

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	-	19,911
Other taxes and social security	240	2,941
VAT	52,405	-
Other creditors	-	50
Accruals and deferred income	3,000	3,900
Director's loan account	-	544,220

	55,645	571,022

9. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
2 Ordinary Shares of £ 1.00 each	2	2

10. Ultimate Controlling Party

The company's ultimate controlling party is Sean McNicholas by virtue of his ownership of 100% of the issued share capital in the company.

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Director	Sean McNicholas

Company Number	09295235

Registered Office	SAS House
	Chipperfield Road
	Kings Langley
	Hertfordshire
	WD4 9JB

Accountants	Sterling Accounting Solutions Ltd
	Chartered Accountants
	SAS House
	Chipperfield Road
	Kings Langley
	Hertfordshire
	WD4 9JB