Company Registration No. 09668416 (England and Wales)
SLIM GLASS LIMITED
Unaudited accounts
for the year ended 30 September 2023
SLIM GLASS LIMITED
Unaudited accounts
Contents
SLIM GLASS LIMITED
Company Information
for the year ended 30 September 2023
Directors
Mr G S Collins
Mr N J Crocker
Company Number
09668416 (England and Wales)
Registered Office
Black Hall Farm, Traice Road
Fundenhall
Norwich
England
NR16 1HQ
Accountants
Sharon Wray Accountancy Services
Black Hall Farm
Traice Road
Fundenhall
Norfolk
NR16 1HQ
SLIM GLASS LIMITED
Statement of financial position
as at 30 September 2023
Tangible assets
40,624
54,694
Cash at bank and in hand
248,385
187,411
Creditors: amounts falling due within one year
(150,361)
(189,343)
Net current assets
232,599
169,333
Total assets less current liabilities
273,223
224,027
Creditors: amounts falling due after more than one year
(17,139)
(32,803)
Provisions for liabilities
Deferred tax
(8,937)
(10,391)
Net assets
247,147
180,833
Called up share capital
1,000
1,000
Share premium
46,090
46,090
Profit and loss account
200,057
133,743
Shareholders' funds
247,147
180,833
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 27 February 2024 and were signed on its behalf by
Mr N J Crocker
Director
Company Registration No. 09668416
SLIM GLASS LIMITED
Notes to the Accounts
for the year ended 30 September 2023
SLIM GLASS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09668416. The registered office is Black Hall Farm, Traice Road, Fundenhall, Norwich, England, NR16 1HQ.
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:
Plant & machinery
25% on reducing balance
Motor vehicles
33% on cost
Fixtures & fittings
33% on cost
Computer equipment
33% on cost
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 October 2022
149,954
1,535
1,782
1,486
154,757
At 30 September 2023
149,954
1,535
1,782
1,486
154,757
At 1 October 2022
96,076
847
1,782
1,358
100,063
Charge for the year
13,452
511
-
107
14,070
At 30 September 2023
109,528
1,358
1,782
1,465
114,133
At 30 September 2023
40,426
177
-
21
40,624
At 30 September 2022
53,878
688
-
128
54,694
SLIM GLASS LIMITED
Notes to the Accounts
for the year ended 30 September 2023
Amounts falling due within one year
Trade debtors
99,575
149,412
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,000
10,000
Obligations under finance leases and hire purchase contracts
5,664
5,664
Trade creditors
73,770
108,260
Taxes and social security
43,546
36,785
Loans from directors
(7,554)
(427)
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
472
6,136
8
Transactions with related parties
At the balance sheet date the directors owed the company £7,554.
During the year, total dividends of £43,500 were paid to the directors.
Due to no party owning the majority of voting rights there is no ultimate controlling party.
10
Average number of employees
During the year the average number of employees was 8 (2022: 7).