IRIS Accounts Production v24.1.4.33 02981723 Board of Directors 1.11.22 31.10.23 31.10.23 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh029817232022-10-31029817232023-10-31029817232022-11-012023-10-31029817232021-10-31029817232021-11-012022-10-31029817232022-10-3102981723ns15:EnglandWales2022-11-012023-10-3102981723ns14:PoundSterling2022-11-012023-10-3102981723ns10:Director12022-11-012023-10-3102981723ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3102981723ns10:SmallEntities2022-11-012023-10-3102981723ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3102981723ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3102981723ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3102981723ns10:FullAccounts2022-11-012023-10-3102981723ns10:OrdinaryShareClass12022-11-012023-10-3102981723ns10:OrdinaryShareClass22022-11-012023-10-3102981723ns10:OrdinaryShareClass32022-11-012023-10-3102981723ns10:Director22022-11-012023-10-3102981723ns10:CompanySecretary12022-11-012023-10-3102981723ns10:RegisteredOffice2022-11-012023-10-3102981723ns5:CurrentFinancialInstruments2023-10-3102981723ns5:CurrentFinancialInstruments2022-10-3102981723ns5:Non-currentFinancialInstruments2023-10-3102981723ns5:Non-currentFinancialInstruments2022-10-3102981723ns5:ShareCapital2023-10-3102981723ns5:ShareCapital2022-10-3102981723ns5:RetainedEarningsAccumulatedLosses2023-10-3102981723ns5:RetainedEarningsAccumulatedLosses2022-10-3102981723ns5:PlantMachinery2022-11-012023-10-3102981723ns5:PlantMachinery2022-10-3102981723ns5:FurnitureFittings2022-10-3102981723ns5:MotorVehicles2022-10-3102981723ns5:ComputerEquipment2022-10-3102981723ns5:FurnitureFittings2022-11-012023-10-3102981723ns5:MotorVehicles2022-11-012023-10-3102981723ns5:ComputerEquipment2022-11-012023-10-3102981723ns5:PlantMachinery2023-10-3102981723ns5:FurnitureFittings2023-10-3102981723ns5:MotorVehicles2023-10-3102981723ns5:ComputerEquipment2023-10-3102981723ns5:PlantMachinery2022-10-3102981723ns5:FurnitureFittings2022-10-3102981723ns5:MotorVehicles2022-10-3102981723ns5:ComputerEquipment2022-10-3102981723ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3102981723ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-3102981723ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-10-3102981723ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-10-3102981723ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-10-3102981723ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-10-3102981723ns5:Secured2023-10-3102981723ns5:Secured2022-10-3102981723ns10:OrdinaryShareClass12023-10-3102981723ns10:OrdinaryShareClass22023-10-3102981723ns10:OrdinaryShareClass32023-10-3102981723ns5:RetainedEarningsAccumulatedLosses2022-10-3102981723ns5:RetainedEarningsAccumulatedLosses2022-11-012023-10-31
REGISTERED NUMBER: 02981723 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

ASSOCIATED STEEL WINDOW SERVICES LTD

ASSOCIATED STEEL WINDOW SERVICES LTD (REGISTERED NUMBER: 02981723)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ASSOCIATED STEEL WINDOW SERVICES LTD

COMPANY INFORMATION
for the Year Ended 31 October 2023







DIRECTORS: S P Bennell
Mrs L Bennell





SECRETARY: Ms L Bennell





REGISTERED OFFICE: 77 Milton Road
Croydon
Surrey
CR0 2BJ





REGISTERED NUMBER: 02981723 (England and Wales)





ACCOUNTANTS: The Hughes Consultancy
1 Golden Court
Richmond
Surrey
TW9 1EU

ASSOCIATED STEEL WINDOW SERVICES LTD (REGISTERED NUMBER: 02981723)

BALANCE SHEET
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 141,504 23,474

CURRENT ASSETS
Stocks 34,531 -
Debtors 5 324,018 349,731
Cash at bank and in hand 16,243 3
374,792 349,734
CREDITORS
Amounts falling due within one year 6 408,751 296,277
NET CURRENT (LIABILITIES)/ASSETS (33,959 ) 53,457
TOTAL ASSETS LESS CURRENT
LIABILITIES

107,545

76,931

CREDITORS
Amounts falling due after more than one
year

7

67,749

33,916
NET ASSETS 39,796 43,015

CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Retained earnings 10 38,796 42,015
SHAREHOLDERS' FUNDS 39,796 43,015

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

ASSOCIATED STEEL WINDOW SERVICES LTD (REGISTERED NUMBER: 02981723)

BALANCE SHEET - continued
31 October 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 July 2024 and were signed on its behalf by:





Mrs L Bennell - Director


ASSOCIATED STEEL WINDOW SERVICES LTD (REGISTERED NUMBER: 02981723)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

Associated Steel Window Services Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

ASSOCIATED STEEL WINDOW SERVICES LTD (REGISTERED NUMBER: 02981723)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 November 2022 25,450 48,770 154,024 32,583 260,827
Additions 11,329 1,065 163,762 3,737 179,893
Disposals - - (62,887 ) - (62,887 )
At 31 October 2023 36,779 49,835 254,899 36,320 377,833
DEPRECIATION
At 1 November 2022 23,306 48,280 139,161 26,606 237,353
Charge for year 3,368 389 44,657 2,429 50,843
Eliminated on disposal - - (51,867 ) - (51,867 )
At 31 October 2023 26,674 48,669 131,951 29,035 236,329
NET BOOK VALUE
At 31 October 2023 10,105 1,166 122,948 7,285 141,504
At 31 October 2022 2,144 490 14,863 5,977 23,474

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 1,414
Other debtors 8,666 699
VAT 28,914 10,596
Prepayments and accrued income 286,438 337,022
324,018 349,731

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 38,490 118,023
Trade creditors 182,419 58,114
Tax 157,067 100,909
Social security and other taxes 16,212 7,152
Other creditors 8,288 7,006
Directors' current accounts 1,275 73
Accrued expenses 5,000 5,000
408,751 296,277

ASSOCIATED STEEL WINDOW SERVICES LTD (REGISTERED NUMBER: 02981723)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 21,297 22,073
Bank loans - 2-5 years 2,060 11,843
Hire purchase contracts 44,392 -
67,749 33,916

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank overdrafts 25,926 84,386

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
998 Ordinary A £1 998 998
1 Ordinary B 1 1 1
1 Ordinary C 1 1 1
1,000 1,000

10. RESERVES
Retained
earnings
£   

At 1 November 2022 42,015
Profit for the year 391,374
Dividends (394,593 )
At 31 October 2023 38,796