IRIS Accounts Production v23.2.0.158 00841210 Board of Directors Board of Directors 1.4.22 31.3.23 31.3.23 false true false false true false 8865 2345 30389 31520 25000 25000 14254 8865 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh008412102022-03-31008412102023-03-31008412102022-04-012023-03-31008412102021-03-31008412102021-04-012022-03-31008412102022-03-3100841210ns10:Originalns15:EnglandWales2022-04-012023-03-3100841210ns14:PoundSterlingns10:Original2022-04-012023-03-3100841210ns10:Originalns10:Director12022-04-012023-03-3100841210ns10:Original2022-04-012023-03-3100841210ns10:Originalns10:Director22022-04-012023-03-3100841210ns10:Original2023-03-3100841210ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3100841210ns10:Originalns10:SmallEntities2022-04-012023-03-3100841210ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3100841210ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3100841210ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3100841210ns10:Originalns10:FullAccounts2022-04-012023-03-3100841210ns10:Original42ns10:Director22022-03-3100841210ns10:Original42ns10:Director22021-03-3100841210ns10:Original42ns10:Director22022-04-012023-03-3100841210ns10:Original42ns10:Director22021-04-012022-03-3100841210ns10:Original42ns10:Director22023-03-3100841210ns10:Original42ns10:Director22022-03-3100841210ns10:CompanySecretary1ns10:Original2022-04-012023-03-3100841210ns10:Originalns10:RegisteredOffice2022-04-012023-03-3100841210ns10:Original2022-03-3100841210ns10:Originalns5:CurrentFinancialInstruments2023-03-3100841210ns10:Originalns5:CurrentFinancialInstruments2022-03-3100841210ns5:ShareCapitalns10:Original2023-03-3100841210ns5:ShareCapitalns10:Original2022-03-3100841210ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3100841210ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3100841210ns10:Originalns5:PlantMachinery2022-04-012023-03-3100841210ns10:Original2021-04-012022-03-3100841210ns10:Originalns5:PlantMachinery2022-03-3100841210ns10:Originalns5:PlantMachinery2023-03-3100841210ns10:Originalns5:PlantMachinery2022-03-3100841210ns10:Originalns5:LeasedAssetsHeldAsLessee2022-04-012023-03-3100841210ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3100841210ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3100841210ns10:Original1ns10:Director12022-03-3100841210ns10:Original1ns10:Director12021-03-3100841210ns10:Original1ns10:Director12022-04-012023-03-3100841210ns10:Original1ns10:Director12021-04-012022-03-3100841210ns10:Original1ns10:Director12023-03-3100841210ns10:Original1ns10:Director12022-03-31
REGISTERED NUMBER: 00841210 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

TOTTON GLASS LIMITED

TOTTON GLASS LIMITED (REGISTERED NUMBER: 00841210)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TOTTON GLASS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: Mr Lee George Babbidge
Mrs Pauline Teresa Babbidge





SECRETARY: Mrs Pauline Teresa Babbidge





REGISTERED OFFICE: Unit 3, Shelley Farm
Shelley Lane
Ower
Romsey
Hampshire
SO51 6AS





REGISTERED NUMBER: 00841210 (England and Wales)





ACCOUNTANTS: Romsey Accountants GDT Limited
Unit 3, Shelley Farm
Shelley Lane
Ower
Romsey
Hampshire
SO51 6AS

TOTTON GLASS LIMITED (REGISTERED NUMBER: 00841210)

BALANCE SHEET
31 MARCH 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 5,861 7,521

CURRENT ASSETS
Stocks 2,315 2,315
Debtors 4 15,658 8,864
Cash at bank and in hand 42,419 37,133
60,392 48,312
CREDITORS
Amounts falling due within one year 5 27,331 25,804
NET CURRENT ASSETS 33,061 22,508
TOTAL ASSETS LESS CURRENT
LIABILITIES

38,922

30,029

CAPITAL AND RESERVES
Called up share capital 3,000 3,000
Retained earnings 35,922 27,029
SHAREHOLDERS' FUNDS 38,922 30,029

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

TOTTON GLASS LIMITED (REGISTERED NUMBER: 00841210)

BALANCE SHEET - continued
31 MARCH 2023


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 25 October 2023 and were signed on its behalf by:




Mr Lee George Babbidge - Director



Mrs Pauline Teresa Babbidge - Director


TOTTON GLASS LIMITED (REGISTERED NUMBER: 00841210)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. 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.
Plant and machinery etc - 25% on reducing balance and 20% 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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

TOTTON GLASS LIMITED (REGISTERED NUMBER: 00841210)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


3. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022
and 31 March 2023 69,330
DEPRECIATION
At 1 April 2022 61,809
Charge for year 1,660
At 31 March 2023 63,469
NET BOOK VALUE
At 31 March 2023 5,861
At 31 March 2022 7,521

Net book value of motor vehicles include £3,930 (2016 - £5,240) in respect of assets held under hire purchase contracts. Depreciation for the year on these asset was £1,310 (2016 - £1,747).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 1,404 -
Other debtors 14,254 8,864
15,658 8,864

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 10,920 12,304
Taxation and social security 15,803 11,900
Other creditors 608 1,600
27,331 25,804

TOTTON GLASS LIMITED (REGISTERED NUMBER: 00841210)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2023 and 31 March 2022:

31.3.23 31.3.22
£    £   
Mr Lee George Babbidge and Mrs Pauline Teresa Babbidge
Balance outstanding at start of year 8,865 2,345
Amounts advanced 30,389 31,520
Amounts repaid (25,000 ) (25,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 14,254 8,865

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is its director Mr L Babbidge by virtue of his majority shareholding.