Glideover Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05625818 (England and Wales)

Financial Statements

for the Year Ended 30 November 2018

for

Glideover Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S T Davis

SECRETARY:

Mrs M Davis

REGISTERED OFFICE:

The Old Post Office

41-43 Market Place

Chippenham

Wiltshire

SN15 3HR

REGISTERED NUMBER:

05625818 (England and Wales)

ACCOUNTANTS:

Mander Duffill

Chartered Accountants

The Old Post Office

41-43 Market Place

Chippenham

Wiltshire

SN15 3HR

CURRENT ASSETS

Stocks

880,000

880,000

Cash at bank

981

139

880,981

880,139

CREDITORS

Amounts falling due within one year

4

945,223

934,893

NET CURRENT LIABILITIES

(64,242

)

(54,754

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(64,242

)

(54,754

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(64,342

)

(54,854

)

SHAREHOLDERS' FUNDS

(64,242

)

(54,754

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 29 August 2019 and were signed by:

S T Davis - Director

1.	STATUTORY INFORMATION

Glideover Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information

page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Stocks

Stock has been valued at the lower of cost and estimated selling price less costs to sell. In respect of

work in progress, cost includes a relevant proportion of overheads according to the stage manufacture

or completion.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.18

30.11.17

£

£

Bank loans and overdrafts

616,428

616,428

Other creditors

328,795

318,465

945,223

934,893