Accounts filed on 31-01-2016

GLOWWORM BOOKS AND GIFTS LIMITED - Company Information

false true true 2015-02-01 2016-01-31 SC241717 2015-02-01 2016-01-31 SC241717 2015-02-01 2016-01-31 SC241717 2015-02-01 SC241717 2016-01-31 SC241717 2014-02-01 2015-01-31 SC241717 2014-02-01 2015-01-31 SC241717 2014-02-01 SC241717 2015-01-31 SC241717 uk-bus:Director1 2015-02-01 2016-01-31 SC241717 uk-bus:Director1 2015-02-01 SC241717 uk-bus:Director1 2016-01-31 SC241717 uk-bus:Director2 2015-02-01 2016-01-31 SC241717 uk-bus:Director2 2015-02-01 SC241717 uk-bus:Director2 2016-01-31 SC241717 uk-bus:CompanySecretary 2015-02-01 2016-01-31 SC241717 uk-bus:AllEntityOfficers 2015-02-01 2016-01-31 SC241717 uk-bus:AllEntityOfficers 2014-02-01 2015-01-31 iso4217:GBP xbrli:pure xbrli:shares SC241717 uk-gaap:WithinOneYear 2016-01-31 SC241717 uk-gaap:WithinOneYear 2015-01-31 SC241717 uk-gaap:AfterOneYear 2016-01-31 SC241717 uk-gaap:AfterOneYear 2015-01-31 SC241717 2015-01-31 SC241717 uk-bus:AllOrdinaryShares 2015-02-01 2016-01-31 SC241717 uk-bus:AllOrdinaryShares 2016-01-31 SC241717 uk-bus:AllOrdinaryShares 2014-02-01 2015-01-31 SC241717 uk-bus:AllOrdinaryShares 2015-01-31 SC241717 uk-bus:AllPreferenceShares 2015-02-01 2016-01-31 SC241717 uk-bus:AllPreferenceShares 2016-01-31 SC241717 uk-bus:AllPreferenceShares 2014-02-01 2015-01-31 SC241717 uk-bus:AllPreferenceShares 2015-01-31 SC241717 uk-gaap:NetGoodwill 2015-01-31 SC241717 uk-gaap:IntangibleAssetsOtherThanGoodwill 2015-01-31 SC241717 uk-gaap:NetGoodwill 2016-01-31 SC241717 uk-gaap:IntangibleAssetsOtherThanGoodwill 2016-01-31 SC241717 uk-gaap:LandBuildings 2015-01-31 SC241717 uk-gaap:PlantMachinery 2015-01-31 SC241717 uk-gaap:FixturesFittings 2015-01-31 SC241717 uk-gaap:OfficeEquipment 2015-01-31 SC241717 uk-gaap:MotorVehicles 2015-01-31 SC241717 uk-gaap:LandBuildings 2016-01-31 SC241717 uk-gaap:PlantMachinery 2016-01-31 SC241717 uk-gaap:FixturesFittings 2016-01-31 SC241717 uk-gaap:OfficeEquipment 2016-01-31 SC241717 uk-gaap:MotorVehicles 2016-01-31 SC241717 uk-gaap:LandBuildings 2015-02-01 2016-01-31 SC241717 uk-gaap:PlantMachinery 2015-02-01 2016-01-31 SC241717 uk-gaap:FixturesFittings 2015-02-01 2016-01-31 SC241717 uk-gaap:OfficeEquipment 2015-02-01 2016-01-31 SC241717 uk-gaap:MotorVehicles 2015-02-01 2016-01-31 SC241717 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2015-02-01 2016-01-31 SC241717 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2014-02-01 2015-01-31 SC241717 uk-gaap:LeasedTangibleFixedAssets 2015-02-01 2016-01-31 SC241717 uk-gaap:LeasedTangibleFixedAssets 2014-02-01 2015-01-31 SC241717 uk-gaap:NetGoodwill 2015-02-01 2016-01-31 SC241717 uk-gaap:NetGoodwill 2014-02-01 2015-01-31 SC241717 uk-gaap:IntangibleAssetsOtherThanGoodwill 2015-02-01 2016-01-31 SC241717 uk-gaap:IntangibleAssetsOtherThanGoodwill 2014-02-01 2015-01-31 SC241717 uk-gaap:BetweenOneFiveYears 2016-01-31 SC241717 uk-gaap:BetweenOneFiveYears 2015-01-31 SC241717 uk-gaap:MoreThanFiveYears 2016-01-31 SC241717 uk-gaap:MoreThanFiveYears 2015-01-31

Company Registration Number:
SC241717 (Scotland)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 February 2015

End date: 31 January 2016

Abbreviated Balance sheet

As at 31 January 2016

	Notes	2016 £	2015 £
Fixed assets
Tangible assets:	2	2,010	2,660
Total fixed assets:		2,010	2,660
Current assets
Stocks:		58,960	57,946
Debtors:		96,511	35,600
Cash at bank and in hand:		1,652	21,250
Total current assets:		157,123	114,796
Creditors: amounts falling due within one year:		( 121,536 )	( 80,123 )
Net current assets (liabilities):		35,587	34,673
Total assets less current liabilities:		37,597	37,333
Creditors: amounts falling due after more than one year:		0	0
Provision for liabilities:		0	0
Total net assets (liabilities):		37,597	37,333

The notes form part of these financial statements

Balance sheet continued

As at 31 January 2016

	Notes	2016 £	2015 £
Capital and reserves
Called up share capital:	3	1,000	1,000
Revaluation reserve:		0	0
Profit and loss account:		36,597	36,333
Shareholders funds:		37,597	37,333

For the year ending 31 January 2016 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities 2015.

The financial statements were approved by the Board of Directors on 01 June 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: Gordon George Allan
Status: Director

Name: Katrena Margaret Allan
Status: Director

The notes form part of these financial statements

Notes to the Abbreviated Accounts

for the Period Ended 31 January 2016

1. Accounting policies

Basis of measurement and preparation of accounts

These financial statements have been prepared in accordance with the Financial Reporting Standards for Smaller Entities 2015

Turnover policy

The turnover shown in the profit and loss account represents revenue recognized by the company in respect of goods and services supplied during the period exclusive of Value Added Tax and trade discounts.

Tangible fixed assets depreciation policy

Depreciation is provided after taking account of any grants receivable at the following annual rates in order to write off each asset over its estimated life. Fixtures and Fittings 20%, Computer and IT Equipment 25% on cost

Intangible fixed assets amortisation policy

We have no intangible assets at this time

Valuation information and policy

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowances for obsolete and slow moving stock.

Notes to the Abbreviated Accounts

for the Period Ended 31 January 2016

2. Tangible assets

	Total
Cost	£
01 February 2015:	6,210
Additions:	0
Disposals:	0
Revaluations:	0
Transfers:	0
31 January 2016:	6,210
Depreciation
01 February 2015:	3,550
Charge for year:	650
On disposals:	0
Other adjustments:	0
31 January 2016:	4,200
Net book value
31 January 2016:	2,010
31 January 2015:	2,660

Notes to the Abbreviated Accounts

for the Period Ended 31 January 2016

3. Called up share capital

Allotted, called up and paid

Previous period			2015
Class	Number of shares	Nominal value per share (£)	Total (£)
Ordinary shares:	1,000	1.00	1,000
Preference shares:	0	0.00	0
Total share capital (£):			1,000

Current period			2016
Class	Number of shares	Nominal value per share (£)	Total (£)
Ordinary shares:	1,000	1.00	1,000
Preference shares:	0	0.00	0
Total share capital (£):			1,000

Accounts filed on 31-01-2016