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REGISTERED NUMBER: 05103076 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2023

for

Atherstone Glass & Glazing Co Ltd

Atherstone Glass & Glazing Co Ltd (Registered number: 05103076)






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 7

Atherstone Glass & Glazing Co Ltd

Company Information
for the Year Ended 30 April 2023







DIRECTORS: Mr. A Wilkes
Mrs J Wilkes





SECRETARY:





REGISTERED OFFICE: 27 (Unit) Carlyon Road
Atherstone
Warwickshire
CV9 1JH





REGISTERED NUMBER: 05103076 (England and Wales)





ACCOUNTANTS: Screatons Ltd
Former Atherstone College
Ratcliffe Road
Atherstone
Warwickshire
CV9 1LF

Atherstone Glass & Glazing Co Ltd (Registered number: 05103076)

Balance Sheet
30 April 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 256,155 213,676
256,155 213,676

CURRENT ASSETS
Stocks - 1,000
Debtors 6 351,965 300,523
Cash at bank 170,463 112,528
522,428 414,051
CREDITORS
Amounts falling due within one year 7 154,222 111,913
NET CURRENT ASSETS 368,206 302,138
TOTAL ASSETS LESS CURRENT
LIABILITIES

624,361

515,814

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 9 624,360 515,813
SHAREHOLDERS' FUNDS 624,361 515,814

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 October 2023 and were signed on its behalf by:



Mr. A Wilkes - Director


Atherstone Glass & Glazing Co Ltd (Registered number: 05103076)

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. STATUTORY INFORMATION

Atherstone Glass & Glazing Co Ltd 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% 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 Income Statement, 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.

Atherstone Glass & Glazing Co Ltd (Registered number: 05103076)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Patents
and
Goodwill licences Totals
£    £    £   
COST
At 1 May 2022
and 30 April 2023 10,000 25,000 35,000
AMORTISATION
At 1 May 2022
and 30 April 2023 10,000 25,000 35,000
NET BOOK VALUE
At 30 April 2023 - - -
At 30 April 2022 - - -

5. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 May 2022 155,000 71,721 2,369
Additions - - -
At 30 April 2023 155,000 71,721 2,369
DEPRECIATION
At 1 May 2022 - 70,258 2,235
Charge for year - 366 33
At 30 April 2023 - 70,624 2,268
NET BOOK VALUE
At 30 April 2023 155,000 1,097 101
At 30 April 2022 155,000 1,463 134

Atherstone Glass & Glazing Co Ltd (Registered number: 05103076)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 May 2022 153,015 3,243 385,348
Additions 76,198 - 76,198
At 30 April 2023 229,213 3,243 461,546
DEPRECIATION
At 1 May 2022 96,154 3,025 171,672
Charge for year 33,266 54 33,719
At 30 April 2023 129,420 3,079 205,391
NET BOOK VALUE
At 30 April 2023 99,793 164 256,155
At 30 April 2022 56,861 218 213,676

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade debtors 71,968 44,383
Intercompany debtor 200,903 200,903
VAT 79,094 55,237
351,965 300,523

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade creditors 86,784 45,882
Tax 30,681 22,023
Social security and other taxes 6,458 4,102
Other creditors 20,449 20,449
Directors' current accounts 8,638 18,280
Accrued expenses 1,212 1,177
154,222 111,913

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.23 30.4.22
value: £    £   
2 Ordinary £1 1 1

Atherstone Glass & Glazing Co Ltd (Registered number: 05103076)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

9. RESERVES
Retained
earnings
£   

At 1 May 2022 515,813
Profit for the year 183,397
Dividends (74,850 )
At 30 April 2023 624,360

10. RELATED PARTY DISCLOSURES

Mr A Wilkes is both a director and shareholder of the company.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Atherstone Glass & Glazing Co Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Atherstone Glass & Glazing Co Ltd for the year ended 30 April 2023 which comprise the Income Statement, 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Atherstone Glass & Glazing Co Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Atherstone Glass & Glazing Co Ltd and state those matters that we have agreed to state to the Board of Directors of Atherstone Glass & Glazing Co Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Atherstone Glass & Glazing Co Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Atherstone Glass & Glazing Co Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Atherstone Glass & Glazing Co Ltd. You consider that Atherstone Glass & Glazing Co Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Atherstone Glass & Glazing Co Ltd. 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 statutory financial statements.






Screatons Ltd
Former Atherstone College
Ratcliffe Road
Atherstone
Warwickshire
CV9 1LF


5 October 2023