SBM GLAZING LTD

Company Registration Number:
12083999 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

SBM GLAZING LTD

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

SBM GLAZING LTD

Balance sheet

As at 31 October 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 356,269 141,459
Total fixed assets: 356,269 141,459
Current assets
Stocks: 175,460 155,560
Debtors: 4 1,213,804 705,087
Cash at bank and in hand: 533,671 195,638
Total current assets: 1,922,935 1,056,285
Creditors: amounts falling due within one year: 5 (800,753) (579,183)
Net current assets (liabilities): 1,122,182 477,102
Total assets less current liabilities: 1,478,451 618,561
Creditors: amounts falling due after more than one year: 6 (373,173) (105,306)
Provision for liabilities: (5,707) (5,707)
Total net assets (liabilities): 1,099,571 507,548
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,099,471 507,448
Shareholders funds: 1,099,571 507,548

The notes form part of these financial statements

SBM GLAZING LTD

Balance sheet statements

For the year ending 31 October 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 July 2024
and signed on behalf of the board by:

Name: Guljar Singh
Status: Director

The notes form part of these financial statements

SBM GLAZING LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SBM GLAZING LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 2022
Average number of employees during the period 15 12

SBM GLAZING LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible Assets

Total
Cost £
At 01 November 2022 198,825
Additions 296,965
At 31 October 2023 495,790
Depreciation
At 01 November 2022 57,366
Charge for year 82,155
At 31 October 2023 139,521
Net book value
At 31 October 2023 356,269
At 31 October 2022 141,459

SBM GLAZING LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 763,371 280,614

SBM GLAZING LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Creditors: amounts falling due within one year note

800,753

SBM GLAZING LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

6. Creditors: amounts falling due after more than one year note

373,173

SBM GLAZING LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

7. Related party transactions

Name of the related party: PRG Real Estate Limited
Relationship:
Director
Description of the Transaction: The company has provided an interest free loan, repayable on demand to PRG Real Estate
£
Balance at 01 November 2022 280,614
Balance at 31 October 2023 484,214
Name of the related party: GRP Real Estate Limited
Relationship:
Director
Description of the Transaction: The company has provided an interest free loan, repayable on demand to GRP Real Estate Limited
£
Balance at 01 November 2022 0
Balance at 31 October 2023 279,156