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Company Registration No. 02747652 (England and Wales)
The Isaacs Glass Company Limited Financial Statements for the year ended 30 September 2023
The Isaacs Glass Company Limited Financial Statements Contents
Page
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The Isaacs Glass Company Limited Company Information for the year ended 30 September 2023
Directors
Trevor Kirby Nicholas Tuck
Company Number
02747652 (England and Wales)
Registered Office
Diasma House Willie Snaith Road Newmarket Suffolk CB8 7SQ
Accountants
AIR Accountancy Services 26 Market Place Swaffham Norfolk PE37 7QH
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The Isaacs Glass Company Limited Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,456 
1,820 
Current assets
Inventories
167,296 
206,540 
Debtors
145,986 
38,451 
Cash at bank and in hand
217,037 
143,410 
530,319 
388,401 
Creditors: amounts falling due within one year
(294,580)
(258,933)
Net current assets
235,739 
129,468 
Net assets
237,195 
131,288 
Capital and reserves
Called up share capital
2,838 
2,838 
Capital redemption reserve
2,162 
2,162 
Profit and loss account
232,195 
126,288 
Shareholders' funds
237,195 
131,288 
For the year ending 30 September 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 16 November 2023 and were signed on its behalf by
Trevor Kirby Director Company Registration No. 02747652
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The Isaacs Glass Company Limited Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
The Isaacs Glass Company Limited is a private company, limited by shares, registered in England and Wales, registration number 02747652. The registered office is Diasma House, Willie Snaith Road, Newmarket, Suffolk, CB8 7SQ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
20%
Motor vehicles
20
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 October 2022
7,701 
1,641 
44,424 
8,517 
62,283 
At 30 September 2023
7,701 
1,641 
44,424 
8,517 
62,283 
Depreciation
At 1 October 2022
7,701 
1,641 
42,604 
8,517 
60,463 
Charge for the year
- 
- 
364 
- 
364 
At 30 September 2023
7,701 
1,641 
42,968 
8,517 
60,827 
Net book value
At 30 September 2023
- 
- 
1,456 
- 
1,456 
At 30 September 2022
- 
- 
1,820 
- 
1,820 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
145,986 
38,451 
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The Isaacs Glass Company Limited Notes to the Accounts for the year ended 30 September 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
2,394 
19,479 
Trade creditors
252,677 
194,861 
Taxes and social security
38,759 
7,993 
Other creditors
- 
35,850 
Accruals
750 
750 
294,580 
258,933 
7
Average number of employees
During the year the average number of employees was 6 (2022: 6).
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