Company Registration No. 10424042 (England and Wales)
Smashing Glass and Glazing Ltd
Unaudited accounts
for the year ended 31 October 2022
Smashing Glass and Glazing Ltd
Unaudited accounts
Contents
Smashing Glass and Glazing Ltd
Company Information
for the year ended 31 October 2022
Company Number
10424042 (England and Wales)
Registered Office
Suite 1 Christchurch House
Sir Thomas Longley Road
Rochester
Kent
ME2 4FX
Accountants
AK Tax & Accountancy Ltd
Suite 1 Christchurch House
Sir Thomas Longley Road
Rochester
Kent
ME24FX
Smashing Glass and Glazing Ltd
Statement of financial position
as at 31 October 2022
Tangible assets
50,523
35,078
Cash at bank and in hand
(27,197)
1,650
Creditors: amounts falling due within one year
(57,005)
(79,712)
Net current assets
49,472
40,199
Total assets less current liabilities
99,995
75,277
Creditors: amounts falling due after more than one year
(96,624)
(68,257)
Called up share capital
100
100
Profit and loss account
3,271
6,920
Shareholders' funds
3,371
7,020
For the year ending 31 October 2022 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 July 2023 and were signed on its behalf by
Mr J Henderson
Director
Company Registration No. 10424042
Smashing Glass and Glazing Ltd
Notes to the Accounts
for the year ended 31 October 2022
Smashing Glass and Glazing Ltd is a private company, limited by shares, registered in England and Wales, registration number 10424042. The registered office is Suite 1 Christchurch House, Sir Thomas Longley Road, Rochester, Kent, ME2 4FX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Fixtures & fittings
20% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2021
-
72,942
812
73,754
Additions
911
31,303
-
32,214
At 31 October 2022
911
104,245
812
105,968
At 1 November 2021
-
38,038
638
38,676
Charge for the year
-
16,552
217
16,769
At 31 October 2022
-
54,590
855
55,445
At 31 October 2022
911
49,655
(43)
50,523
At 31 October 2021
-
34,904
174
35,078
Smashing Glass and Glazing Ltd
Notes to the Accounts
for the year ended 31 October 2022
Amounts falling due within one year
Trade debtors
57,126
63,512
Deferred tax asset
16,319
16,319
Accrued income and prepayments
-
10,000
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
(11,276)
28,342
Obligations under finance leases and hire purchase contracts
15,683
9,139
Taxes and social security
50,234
40,168
Other creditors
2,364
2,063
7
Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
24,828
22,930
8
Average number of employees
During the year the average number of employees was 10 (2021: 10).