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REGISTERED NUMBER: 03751862 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

Early Dawn Windows & Conservatories
Limited

Early Dawn Windows & Conservatories
Limited (Registered number: 03751862)

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










Page

Balance Sheet 1

Notes to the Financial Statements 3


Early Dawn Windows & Conservatories
Limited (Registered number: 03751862)

Balance Sheet
30 June 2023

2023 2022
Notes £ £
Fixed assets
Intangible assets 5 - -
Tangible assets 6 159,415 104,217
159,415 104,217

Current assets
Stocks 100,350 124,750
Debtors 7 161,352 165,939
Cash at bank and in hand 176,707 91,581
438,409 382,270
Creditors
Amounts falling due within one year 8 (185,306 ) (111,128 )
Net current assets 253,103 271,142
Total assets less current liabilities 412,518 375,359

Creditors
Amounts falling due after more than one
year

9

(131,127

)

(131,160

)

Provisions for liabilities (35,661 ) (21,498 )
Net assets 245,730 222,701

Early Dawn Windows & Conservatories
Limited (Registered number: 03751862)

Balance Sheet - continued
30 June 2023

2023 2022
Notes £ £
Capital and reserves
Called up share capital 25 25
Capital redemption reserve 10,000 10,000
Retained earnings 235,705 212,676
245,730 222,701

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 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 13 October 2023 and were signed on its behalf by:





Mr A P Gissing - Director


Early Dawn Windows & Conservatories
Limited (Registered number: 03751862)

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


1. Statutory information

Early Dawn Windows & Conservatories Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 03751862

Registered office: South Elmham Terrace
Victoria Road
Oulton Broad
Lowestoft
Suffolk
NR33 9NQ

The presentation currency of the financial statements is the Pound Sterling (£).


2. Statement of compliance

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.

3. Accounting policies

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Critical accounting judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

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

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.

Early Dawn Windows & Conservatories
Limited (Registered number: 03751862)

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


3. Accounting policies - continued

Tangible fixed assets
Tangible fixed assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold property - 2% straight line
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Fixtures and fittings - 20% straight line

Inventories
Inventories have been valued at the lower of cost and net estimated selling price, less costs to sell.

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

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.


Early Dawn Windows & Conservatories
Limited (Registered number: 03751862)

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


3. Accounting policies - continued
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.

Assets held under finance leases and hire purchase contracts are recognised in the balance sheet as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.

Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

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.

4. Employees and directors

The average number of employees during the year was 13 (2022 - 16 ) .

5. Intangible fixed assets
Goodwill
£
Cost
At 1 July 2022
and 30 June 2023 200,000
Amortisation
At 1 July 2022
and 30 June 2023 200,000
Net book value
At 30 June 2023 -
At 30 June 2022 -

Early Dawn Windows & Conservatories
Limited (Registered number: 03751862)

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


6. Tangible fixed assets
Freehold Plant and Motor Computer
property machinery vehicles equipment Totals
£ £ £ £ £
Cost
At 1 July 2022 24,016 309,019 131,050 20,794 484,879
Additions - 65,000 8,675 718 74,393
Disposals - - (1,800 ) - (1,800 )
At 30 June 2023 24,016 374,019 137,925 21,512 557,472
Depreciation
At 1 July 2022 10,427 239,937 113,313 16,985 380,662
Charge for year 480 10,362 6,533 1,543 18,918
Eliminated on disposal - - (1,523 ) - (1,523 )
At 30 June 2023 10,907 250,299 118,323 18,528 398,057
Net book value
At 30 June 2023 13,109 123,720 19,602 2,984 159,415
At 30 June 2022 13,589 69,082 17,737 3,809 104,217

7. Debtors: amounts falling due within one year
2023 2022
£ £
Trade debtors 80,096 84,626
Other debtors 81,256 81,313
161,352 165,939

8. Creditors: amounts falling due within one year
2023 2022
£ £
Trade creditors 140,686 44,769
Taxation and social security 28,417 50,047
Other creditors 16,203 16,312
185,306 111,128

9. Creditors: amounts falling due after more than one year
2023 2022
£ £
Other creditors 131,127 131,160