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Company Registration No. 12704727 (England and Wales)
Glass & Glaze Ltd Unaudited accounts for the year ended 30 June 2023
Glass & Glaze Ltd Unaudited accounts Contents
Page
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Glass & Glaze Ltd Company Information for the year ended 30 June 2023
Director
Carl Lynch
Company Number
12704727 (England and Wales)
Registered Office
50 Princes Street Ipswich Suffolk IP1 1RJ England
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Glass & Glaze Ltd Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
20,006 
22,864 
Current assets
Inventories
31,152 
24,235 
Debtors
94,202 
100,612 
Cash at bank and in hand
28,440 
27,641 
153,794 
152,488 
Creditors: amounts falling due within one year
(296,455)
(311,710)
Net current liabilities
(142,661)
(159,222)
Net liabilities
(122,655)
(136,358)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(122,656)
(136,359)
Shareholders' funds
(122,655)
(136,358)
For the year ending 30 June 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 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 1 July 2023 and were signed on its behalf by
Carl Lynch Director Company Registration No. 12704727
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Glass & Glaze Ltd Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
Glass & Glaze Ltd is a private company, limited by shares, registered in England and Wales, registration number 12704727. The registered office is 50 Princes Street, , Ipswich, Suffolk, IP1 1RJ, England.
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:
Plant & machinery
10
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 July 2022
28,580 
At 30 June 2023
28,580 
Depreciation
At 1 July 2022
5,716 
Charge for the year
2,858 
At 30 June 2023
8,574 
Net book value
At 30 June 2023
20,006 
At 30 June 2022
22,864 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
94,202 
100,612 
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Glass & Glaze Ltd Notes to the Accounts for the year ended 30 June 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
29,747 
29,384 
Trade creditors
96,756 
113,170 
Taxes and social security
21,447 
19,842 
Other creditors
46,783 
45,868 
Loans from directors
73,002 
74,726 
Accruals
28,720 
28,720 
296,455 
311,710 
7
Average number of employees
During the year the average number of employees was 34 (2022: 6).
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