Company Registration No. 04853944 (England and Wales)
Chiodo Glass Limited
Unaudited accounts
for the year ended 31 October 2023
Chiodo Glass Limited
Unaudited accounts
Contents
Chiodo Glass Limited
Company Information
for the year ended 31 October 2023
Director
Calogero Picone Chiodo
Company Number
04853944 (England and Wales)
Registered Office
UNIT 11 GATEHOUSE CENTRE ALBERT STREET
LOCKWOOD
HUDDERSFIELD
HD1 3QD
ENGLAND
Accountants
Karen Trunkwald T/A Karen's Business Services
6 Huddersfield Road
Meltham
Holmfirth
HD9 4AE
Chiodo Glass Limited
Statement of financial position
as at 31 October 2023
Tangible assets
11,013
14,412
Cash at bank and in hand
128,887
125,315
Creditors: amounts falling due within one year
(10,251)
(12,888)
Net current assets
135,430
130,460
Net assets
146,443
144,872
Called up share capital
100
100
Profit and loss account
146,343
144,772
Shareholders' funds
146,443
144,872
For the year ending 31 October 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 7 February 2024 and were signed on its behalf by
Calogero Picone Chiodo
Director
Company Registration No. 04853944
Chiodo Glass Limited
Notes to the Accounts
for the year ended 31 October 2023
Chiodo Glass Limited is a private company, limited by shares, registered in England and Wales, registration number 04853944. The registered office is UNIT 11 GATEHOUSE CENTRE ALBERT STREET, LOCKWOOD, HUDDERSFIELD, HD1 3QD, 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.
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 and in accordance with the FRS 102 Section 1A Small Entities.The Financial Reproting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
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
15% Reducing Balance
Motor vehicles
25% Reducing Balance
Computer equipment
25% reducing Balance
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over it's estimated economic life of ...years.
4
Intangible fixed assets
Goodwill
Chiodo Glass Limited
Notes to the Accounts
for the year ended 31 October 2023
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
4,254
31,740
2,932
38,926
At 31 October 2023
4,254
31,740
2,932
38,926
At 1 November 2022
2,341
19,378
2,795
24,514
Charge for the year
287
3,091
21
3,399
At 31 October 2023
2,628
22,469
2,816
27,913
At 31 October 2023
1,626
9,271
116
11,013
At 31 October 2022
1,913
12,362
137
14,412
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
6,547
7,711
Loans from directors
(110)
777
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).