Company Registration No. 09706580 (England and Wales)
KWT Glass & Glazing Limited
Unaudited accounts
for the year ended 31 July 2023
KWT Glass & Glazing Limited
Unaudited accounts
Contents
KWT Glass & Glazing Limited
Company Information
for the year ended 31 July 2023
Directors
K Turner
R Turner
Company Number
09706580 (England and Wales)
Registered Office
46 ELTHAM ROAD
WEST BRIDGFORD
NOTTINGHAM
NG2 5JN
ENGLAND
Accountants
Bob Stevens Management Ltd
46 Eltham Road
West Bridgford
Nottingham,
NG7 6LB
KWT Glass & Glazing Limited
Statement of financial position
as at 31 July 2023
Tangible assets
7,524
10,008
Cash at bank and in hand
16,974
1,937
Creditors: amounts falling due within one year
(21,525)
(16,631)
Net current assets
13,583
4,345
Total assets less current liabilities
21,107
14,353
Provisions for liabilities
Deferred tax
(1,430)
(1,847)
Called up share capital
2
2
Profit and loss account
19,675
12,504
Shareholders' funds
19,677
12,506
For the year ending 31 July 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 9 April 2024 and were signed on its behalf by
K Turner
Director
Company Registration No. 09706580
KWT Glass & Glazing Limited
Notes to the Accounts
for the year ended 31 July 2023
KWT Glass & Glazing Limited is a private company, limited by shares, registered in England and Wales, registration number 09706580. The registered office is 46 ELTHAM ROAD, WEST BRIDGFORD, NOTTINGHAM, NG2 5JN, 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 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
15% Reducing Balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 August 2022
28,087
592
28,679
At 31 July 2023
28,087
592
28,679
At 1 August 2022
18,269
402
18,671
Charge for the year
2,455
29
2,484
At 31 July 2023
20,724
431
21,155
At 31 July 2023
7,363
161
7,524
At 31 July 2022
9,818
190
10,008
Amounts falling due within one year
Trade debtors
15,822
11,327
KWT Glass & Glazing Limited
Notes to the Accounts
for the year ended 31 July 2023
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
-
2,034
Taxes and social security
15,870
8,211
Loans from directors
2,087
1
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).