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REGISTERED NUMBER: 05103076 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Atherstone Glass & Glazing Co Ltd

Atherstone Glass & Glazing Co Ltd (Registered number: 05103076)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 7

Atherstone Glass & Glazing Co Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Mr. A Wilkes
Mrs J Wilkes





SECRETARY:





REGISTERED OFFICE: 27 (Unit) Carlyon Road
Atherstone
Warwickshire
CV9 1JH





REGISTERED NUMBER: 05103076 (England and Wales)





ACCOUNTANTS: Screatons Ltd
Former Atherstone College
Ratcliffe Road
Atherstone
Warwickshire
CV9 1LF

Atherstone Glass & Glazing Co Ltd (Registered number: 05103076)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 318,622 256,155
318,622 256,155

CURRENT ASSETS
Debtors 6 278,524 351,965
Cash at bank 286,362 170,463
564,886 522,428
CREDITORS
Amounts falling due within one year 7 137,508 154,222
NET CURRENT ASSETS 427,378 368,206
TOTAL ASSETS LESS CURRENT
LIABILITIES

746,000

624,361

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 9 745,999 624,360
SHAREHOLDERS' FUNDS 746,000 624,361

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

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 21 June 2024 and were signed on its behalf by:




Mr. A Wilkes - Director


Atherstone Glass & Glazing Co Ltd (Registered number: 05103076)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Atherstone Glass & Glazing Co 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

Atherstone Glass & Glazing Co Ltd (Registered number: 05103076)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued

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 7 (2023 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Patents
and
Goodwill licences Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 10,000 25,000 35,000
AMORTISATION
At 1 May 2023
and 30 April 2024 10,000 25,000 35,000
NET BOOK VALUE
At 30 April 2024 - - -
At 30 April 2023 - - -

5. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 May 2023 155,000 71,721 2,369
Additions - - -
At 30 April 2024 155,000 71,721 2,369
DEPRECIATION
At 1 May 2023 - 70,624 2,268
Charge for year - 274 25
At 30 April 2024 - 70,898 2,293
NET BOOK VALUE
At 30 April 2024 155,000 823 76
At 30 April 2023 155,000 1,097 101

Atherstone Glass & Glazing Co Ltd (Registered number: 05103076)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 May 2023 229,213 3,243 461,546
Additions 117,006 - 117,006
At 30 April 2024 346,219 3,243 578,552
DEPRECIATION
At 1 May 2023 129,420 3,079 205,391
Charge for year 54,199 41 54,539
At 30 April 2024 183,619 3,120 259,930
NET BOOK VALUE
At 30 April 2024 162,600 123 318,622
At 30 April 2023 99,793 164 256,155

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 206,052 71,968
Intercompany debtor - 200,903
VAT 72,472 79,094
278,524 351,965

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 65,647 86,784
Tax 44,754 30,681
Social security and other taxes 5,376 6,458
Other creditors 20,449 20,449
Directors' current accounts 9 8,638
Accrued expenses 1,273 1,212
137,508 154,222

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
2 Ordinary £1 1 1

Atherstone Glass & Glazing Co Ltd (Registered number: 05103076)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

9. RESERVES
Retained
earnings
£   

At 1 May 2023 624,360
Profit for the year 200,989
Dividends (79,350 )
At 30 April 2024 745,999

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £79,350 were paid to the directors .

Mr A Wilkes is both a director and shareholder of the company.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Atherstone Glass & Glazing Co Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Atherstone Glass & Glazing Co Ltd for the year ended 30 April 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Atherstone Glass & Glazing Co Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Atherstone Glass & Glazing Co Ltd and state those matters that we have agreed to state to the Board of Directors of Atherstone Glass & Glazing Co Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Atherstone Glass & Glazing Co Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Atherstone Glass & Glazing Co Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Atherstone Glass & Glazing Co Ltd. You consider that Atherstone Glass & Glazing Co Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Atherstone Glass & Glazing Co Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Screatons Ltd
Former Atherstone College
Ratcliffe Road
Atherstone
Warwickshire
CV9 1LF


21 June 2024