2023-05-012024-04-302024-04-30false08899825FIRST GLASS ROOFS LTD2024-08-09iso4217:GBPxbrli:pure088998252023-05-01088998252024-04-30088998252023-05-012024-04-30088998252022-05-01088998252023-04-30088998252022-05-012023-04-3008899825bus:SmallEntities2023-05-012024-04-3008899825bus:AuditExempt-NoAccountantsReport2023-05-012024-04-3008899825bus:FullAccounts2023-05-012024-04-3008899825bus:PrivateLimitedCompanyLtd2023-05-012024-04-3008899825core:WithinOneYear2024-04-3008899825core:AfterOneYear2024-04-3008899825core:WithinOneYear2023-04-3008899825core:AfterOneYear2023-04-3008899825core:ShareCapital2024-04-3008899825core:SharePremium2024-04-3008899825core:RevaluationReserve2024-04-3008899825core:OtherReservesSubtotal2024-04-3008899825core:RetainedEarningsAccumulatedLosses2024-04-3008899825core:ShareCapital2023-04-3008899825core:SharePremium2023-04-3008899825core:RevaluationReserve2023-04-3008899825core:OtherReservesSubtotal2023-04-3008899825core:RetainedEarningsAccumulatedLosses2023-04-3008899825core:LandBuildings2024-04-3008899825core:PlantMachinery2024-04-3008899825core:Vehicles2024-04-3008899825core:FurnitureFittings2024-04-3008899825core:OfficeEquipment2024-04-3008899825core:NetGoodwill2024-04-3008899825core:IntangibleAssetsOtherThanGoodwill2024-04-3008899825core:ListedExchangeTraded2024-04-3008899825core:UnlistedNon-exchangeTraded2024-04-3008899825core:LandBuildings2023-04-3008899825core:PlantMachinery2023-04-3008899825core:Vehicles2023-04-3008899825core:FurnitureFittings2023-04-3008899825core:OfficeEquipment2023-04-3008899825core:NetGoodwill2023-04-3008899825core:IntangibleAssetsOtherThanGoodwill2023-04-3008899825core:ListedExchangeTraded2023-04-3008899825core:UnlistedNon-exchangeTraded2023-04-3008899825core:LandBuildings2023-05-012024-04-3008899825core:PlantMachinery2023-05-012024-04-3008899825core:Vehicles2023-05-012024-04-3008899825core:FurnitureFittings2023-05-012024-04-3008899825core:OfficeEquipment2023-05-012024-04-3008899825core:NetGoodwill2023-05-012024-04-3008899825core:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3008899825core:ListedExchangeTraded2023-05-012024-04-3008899825core:UnlistedNon-exchangeTraded2023-05-012024-04-3008899825core:MoreThanFiveYears2023-05-012024-04-3008899825core:Non-currentFinancialInstruments2024-04-3008899825core:Non-currentFinancialInstruments2023-04-3008899825dpl:CostSales2023-05-012024-04-3008899825dpl:DistributionCosts2023-05-012024-04-3008899825core:LandBuildings2023-05-012024-04-3008899825core:PlantMachinery2023-05-012024-04-3008899825core:Vehicles2023-05-012024-04-3008899825core:FurnitureFittings2023-05-012024-04-3008899825core:OfficeEquipment2023-05-012024-04-3008899825dpl:AdministrativeExpenses2023-05-012024-04-3008899825core:NetGoodwill2023-05-012024-04-3008899825core:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3008899825dpl:GroupUndertakings2023-05-012024-04-3008899825dpl:ParticipatingInterests2023-05-012024-04-3008899825dpl:GroupUndertakingscore:ListedExchangeTraded2023-05-012024-04-3008899825core:ListedExchangeTraded2023-05-012024-04-3008899825dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-05-012024-04-3008899825core:UnlistedNon-exchangeTraded2023-05-012024-04-3008899825dpl:CostSales2022-05-012023-04-3008899825dpl:DistributionCosts2022-05-012023-04-3008899825core:LandBuildings2022-05-012023-04-3008899825core:PlantMachinery2022-05-012023-04-3008899825core:Vehicles2022-05-012023-04-3008899825core:FurnitureFittings2022-05-012023-04-3008899825core:OfficeEquipment2022-05-012023-04-3008899825dpl:AdministrativeExpenses2022-05-012023-04-3008899825core:NetGoodwill2022-05-012023-04-3008899825core:IntangibleAssetsOtherThanGoodwill2022-05-012023-04-3008899825dpl:GroupUndertakings2022-05-012023-04-3008899825dpl:ParticipatingInterests2022-05-012023-04-3008899825dpl:GroupUndertakingscore:ListedExchangeTraded2022-05-012023-04-3008899825core:ListedExchangeTraded2022-05-012023-04-3008899825dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-05-012023-04-3008899825core:UnlistedNon-exchangeTraded2022-05-012023-04-3008899825core:NetGoodwill2024-04-3008899825core:IntangibleAssetsOtherThanGoodwill2024-04-3008899825core:LandBuildings2024-04-3008899825core:PlantMachinery2024-04-3008899825core:Vehicles2024-04-3008899825core:FurnitureFittings2024-04-3008899825core:OfficeEquipment2024-04-3008899825core:AfterOneYear2024-04-3008899825core:WithinOneYear2024-04-3008899825core:ListedExchangeTraded2024-04-3008899825core:UnlistedNon-exchangeTraded2024-04-3008899825core:ShareCapital2024-04-3008899825core:SharePremium2024-04-3008899825core:RevaluationReserve2024-04-3008899825core:OtherReservesSubtotal2024-04-3008899825core:RetainedEarningsAccumulatedLosses2024-04-3008899825core:NetGoodwill2023-04-3008899825core:IntangibleAssetsOtherThanGoodwill2023-04-3008899825core:LandBuildings2023-04-3008899825core:PlantMachinery2023-04-3008899825core:Vehicles2023-04-3008899825core:FurnitureFittings2023-04-3008899825core:OfficeEquipment2023-04-3008899825core:AfterOneYear2023-04-3008899825core:WithinOneYear2023-04-3008899825core:ListedExchange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FIRST GLASS ROOFS LTD

Registered Number
08899825
(England and Wales)

Unaudited Financial Statements for the Year ended
30 April 2024

FIRST GLASS ROOFS LTD
Company Information
for the year from 1 May 2023 to 30 April 2024

Directors

Kieran Hand
Paul Hand

Registered Address

Unit 5 G
Blacknest Industrial Estate
Alton
GU34 4PX

Registered Number

08899825 (England and Wales)
FIRST GLASS ROOFS LTD
Balance Sheet as at
30 April 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets382,728120,381
82,728120,381
Current assets
Debtors4239,044321,910
Cash at bank and on hand104,819136,127
343,863458,037
Creditors amounts falling due within one year5(106,357)(127,664)
Net current assets (liabilities)237,506330,373
Total assets less current liabilities320,234450,754
Creditors amounts falling due after one year6(29,163)(49,273)
Provisions for liabilities8(18,173)(9,807)
Net assets272,898391,674
Capital and reserves
Called up share capital100100
Profit and loss account272,798391,574
Shareholders' funds272,898391,674
The financial statements were approved and authorised for issue by the Board of Directors on 9 August 2024, and are signed on its behalf by:
Paul Hand
Director
Registered Company No. 08899825
FIRST GLASS ROOFS LTD
Notes to the Financial Statements
for the year ended 30 April 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Going concern
The accounts are prepared on a going concern basis as the Directors have considered the financial position of the Company. Sufficient finance is available for the company to continue trading for the foreseeable future.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)Straight line (years)
Plant and machinery25-
Fixtures and fittings-10
Vehicles-4
Office Equipment25-
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
2.Average number of employees

20242023
Average number of employees during the year87
3.Tangible fixed assets

Plant & machinery

Vehicles

Office Equipment

Total

££££
Cost or valuation
At 01 May 2352,195149,01223,712224,919
Additions--956956
Revaluations(800)--(800)
At 30 April 2451,395149,01224,668225,075
Depreciation and impairment
At 01 May 2319,44170,71114,386104,538
Charge for year6,67228,6962,44137,809
At 30 April 2426,11399,40716,827142,347
Net book value
At 30 April 2425,28249,6057,84182,728
At 30 April 2332,75478,3019,326120,381
4.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables214,989315,591
Other debtors7,0541,600
Prepayments and accrued income17,0014,719
Total239,044321,910
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables29,86832,142
Taxation and social security63,05380,100
Finance lease and HP contracts10,83612,422
Accrued liabilities and deferred income2,6003,000
Total106,357127,664
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
6.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts23,33333,333
Other creditors5,83015,940
Total29,16349,273
7.Obligations under finance leases

2024

2023

££
Finance lease and HP contracts5,82915,939
8.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)18,1739,807
Total18,1739,807
9.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
Kieran Hand02,12502,125
Paul Hand1,6003,5492,0003,149
1,6005,6742,0005,274
These amounts are repayable on demand and are interest free.