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REGISTERED NUMBER: 02610264 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31st March 2024

for

Style Superior Windows & Conservatories
Limited

Style Superior Windows & Conservatories
Limited (Registered number: 02610264)






Contents of the Financial Statements
for the year ended 31st March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Style Superior Windows & Conservatories
Limited

Company Information
for the year ended 31st March 2024







DIRECTOR: Mr M Fuller



REGISTERED OFFICE: 3/4 Station Way
Brandon
Suffolk
IP27 0BH



REGISTERED NUMBER: 02610264 (England and Wales)



ACCOUNTANTS: TWR Accountants
The Old Registrars
57a High Street
Brandon
Suffolk
IP27 0AU



BANKERS: Barclays
4 Bridge Street
Thetford
Norfolk
IP24 3AB

Style Superior Windows & Conservatories
Limited (Registered number: 02610264)

Balance Sheet
31st March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 66,600 61,450

CURRENT ASSETS
Stocks 30,000 30,000
Debtors 5 62,427 63,141
Cash at bank and in hand 317,600 349,952
410,027 443,093
CREDITORS
Amounts falling due within one year 6 263,850 258,746
NET CURRENT ASSETS 146,177 184,347
TOTAL ASSETS LESS CURRENT LIABILITIES 212,777 245,797

CREDITORS
Amounts falling due after more than one
year

7

(40,726

)

(19,557

)

PROVISIONS FOR LIABILITIES (6,505 ) (11,676 )
NET ASSETS 165,546 214,564

CAPITAL AND RESERVES
Called up share capital 500 500
Retained earnings 9 165,046 214,064
165,546 214,564

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Style Superior Windows & Conservatories
Limited (Registered number: 02610264)

Balance Sheet - continued
31st March 2024


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 director and authorised for issue on 27th June 2024 and were signed by:





Mr M Fuller - Director


Style Superior Windows & Conservatories
Limited (Registered number: 02610264)

Notes to the Financial Statements
for the year ended 31st March 2024

1. STATUTORY INFORMATION

Style Superior Windows & Conservatories Limited 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Style Superior Windows & Conservatories
Limited (Registered number: 02610264)

Notes to the Financial Statements - continued
for the year ended 31st March 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 10 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1st April 2023 7,204 142,756 149,960
Additions - 39,468 39,468
Disposals - (25,222 ) (25,222 )
At 31st March 2024 7,204 157,002 164,206
DEPRECIATION
At 1st April 2023 5,617 82,893 88,510
Charge for year 397 21,803 22,200
Eliminated on disposal - (13,104 ) (13,104 )
At 31st March 2024 6,014 91,592 97,606
NET BOOK VALUE
At 31st March 2024 1,190 65,410 66,600
At 31st March 2023 1,587 59,863 61,450

Style Superior Windows & Conservatories
Limited (Registered number: 02610264)

Notes to the Financial Statements - continued
for the year ended 31st March 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1st April 2023 56,466
Additions 39,468
Disposals (25,222 )
At 31st March 2024 70,712
DEPRECIATION
At 1st April 2023 20,915
Charge for year 15,725
Eliminated on disposal (13,104 )
At 31st March 2024 23,536
NET BOOK VALUE
At 31st March 2024 47,176
At 31st March 2023 35,551

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 33,102 33,845
Prepayments 29,325 29,296
62,427 63,141

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts (see note 8) 5,730 15,148
Payments on account 51,252 59,269
Trade creditors 101,615 104,392
Tax 47,005 27,698
Social security and other taxes 14,070 13,415
VAT 37,076 31,156
Other creditors 449 359
Directors' loan accounts 1,243 2,029
Accrued expenses 5,410 5,280
263,850 258,746

Style Superior Windows & Conservatories
Limited (Registered number: 02610264)

Notes to the Financial Statements - continued
for the year ended 31st March 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts (see note 8) 40,726 19,557

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 5,730 15,148
Between one and five years 40,726 19,557
46,456 34,705

Non-cancellable operating leases
2024 2023
£    £   
Within one year 38,000 32,000

9. RESERVES
Retained
earnings
£   

At 1st April 2023 214,064
Profit for the year 122,482
Dividends (171,500 )
At 31st March 2024 165,046

10. ULTIMATE CONTROLLING PARTY

The company was under the control of its directors collectively during the current and previous year.