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REGISTERED NUMBER: 03213720 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

FOR

COLDSHIELD WINDOW SYSTEMS LIMITED
TRADING AS
WINDOWCRAFT

COLDSHIELD WINDOW SYSTEMS LIMITED (REGISTERED NUMBER: 03213720)
TRADING AS WINDOWCRAFT






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


COLDSHIELD WINDOW SYSTEMS LIMITED
TRADING AS WINDOWCRAFT

COMPANY INFORMATION
for the Year Ended 30 June 2022







DIRECTORS: I G Burnett
R D Mitchell
Mrs L M Burnett
Mrs V L Mitchell





SECRETARY: I G Burnett





REGISTERED OFFICE: Unit A6
Chaucer Business Park
Dittons Road
Polegate
East Sussex
BN26 6QH





REGISTERED NUMBER: 03213720 (England and Wales)





ACCOUNTANTS: MDJ Services Limited
Unit A6
Chaucer Business Park
Dittons Road
Polegate
East Sussex
BN26 6QH

COLDSHIELD WINDOW SYSTEMS LIMITED (REGISTERED NUMBER: 03213720)
TRADING AS WINDOWCRAFT

BALANCE SHEET
30 June 2022

30.6.22 30.6.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 247,212 254,096

CURRENT ASSETS
Stocks 3,100 1,875
Debtors 5 98,023 4,139
Cash at bank and in hand 171,967 207,793
273,090 213,807
CREDITORS
Amounts falling due within one year 6 254,442 227,062
NET CURRENT ASSETS/(LIABILITIES) 18,648 (13,255 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

265,860

240,841

CREDITORS
Amounts falling due after more than one
year

7

(16,120

)

(31,367

)

PROVISIONS FOR LIABILITIES (14,471 ) (14,845 )
NET ASSETS 235,269 194,629

CAPITAL AND RESERVES
Called up share capital 70 70
Capital redemption reserve 34 34
Retained earnings 235,165 194,525
SHAREHOLDERS' FUNDS 235,269 194,629

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

COLDSHIELD WINDOW SYSTEMS LIMITED (REGISTERED NUMBER: 03213720)
TRADING AS WINDOWCRAFT

BALANCE SHEET - continued
30 June 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the Board of Directors and authorised for issue on 18 August 2022 and were signed on its behalf by:





R D Mitchell - Director


COLDSHIELD WINDOW SYSTEMS LIMITED (REGISTERED NUMBER: 03213720)
TRADING AS WINDOWCRAFT

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2022

1. STATUTORY INFORMATION

Coldshield Window Systems 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 33% on reducing balance, 25% on reducing balance and 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

COLDSHIELD WINDOW SYSTEMS LIMITED (REGISTERED NUMBER: 03213720)
TRADING AS WINDOWCRAFT

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2022

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2021 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 July 2021 198,045 208,813 406,858
Additions - 21,649 21,649
Disposals - (14,148 ) (14,148 )
At 30 June 2022 198,045 216,314 414,359
DEPRECIATION
At 1 July 2021 28,057 124,705 152,762
Charge for year 3,961 24,527 28,488
Eliminated on disposal - (14,103 ) (14,103 )
At 30 June 2022 32,018 135,129 167,147
NET BOOK VALUE
At 30 June 2022 166,027 81,185 247,212
At 30 June 2021 169,988 84,108 254,096

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.22 30.6.21
£    £   
Trade debtors 97,384 3,515
Other debtors 639 624
98,023 4,139

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.22 30.6.21
£    £   
Bank loans and overdrafts 15,343 14,984
Trade creditors 113,911 102,767
Taxation and social security 52,342 36,661
Other creditors 72,846 72,650
254,442 227,062

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.22 30.6.21
£    £   
Bank loans 16,120 31,367