GLORI SERVICES LIMITED - Abbreviated accounts

Company Registration No. in England and Wales

09250631

GLORI SERVICES LIMITED

Abbreviated Accounts

30 November 2015

GLORI SERVICES LIMITED

Report to the director on the preparation of the unaudited abbreviated accounts of GLORI SERVICES LIMITED for the period ended 30 November 2015
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of GLORI SERVICES LIMITED for the period ended 30 November 2015 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.

Knight Chadwick
Chartered Certified Accountants
Unit 1A Woodstock Studios
36 Woodstock Grove
London
W12 8LE

28 June 2016

GLORI SERVICES LIMITED
Registered number:		09250631
Abbreviated Balance Sheet
as at 30 November 2015

Notes			2015
£
Current assets
Stocks		9,550
Debtors		8,298
Cash at bank and in hand		10,020
		27,868

Creditors: amounts falling due within one year		(29,586)

Net current liabilities			(1,718)

Net liabilities			(1,718)

Capital and reserves
Called up share capital	2		100
Profit and loss account			(1,818)

Shareholder's funds			(1,718)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Omid Sobhani
Director
Approved by the board on 28 June 2016

GLORI SERVICES LIMITED
Notes to the Abbreviated Accounts
for the period ended 30 November 2015

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Stocks
	Stock is valued at the lower of cost and net realisable value.

	Deferred taxation
	Where material full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.


2	Share capital	Nominal		2015		2015
value			Number		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100

Nominal			Number		Amount
value			£
	Shares issued during the period:
	Ordinary shares	£1 each		100		100


3	Ultimate controlling party

	The ultimate controlling party is the director who owns 100% of the shares.