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Company Registration No. 04225154 (England and Wales)
Days Window & Door Services Limited Unaudited accounts for the year ended 31 March 2024
Days Window & Door Services Limited Unaudited accounts Contents
Page
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Days Window & Door Services Limited Company Information for the year ended 31 March 2024
Director
Mr T Day
Company Number
04225154 (England and Wales)
Registered Office
58a Havant Road Northend Portsmouth Hampshire PO2 7HH
Accountants
Babcock Tax & Accountancy Services Ltd The Florins, 8 Lulworth Close Hayling Island Hampshire PO11 0NY
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Days Window & Door Services Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
32,039 
9,841 
Current assets
Inventories
700 
13,393 
Debtors
84,829 
60,136 
Cash at bank and in hand
32,259 
8,014 
117,788 
81,543 
Creditors: amounts falling due within one year
(84,706)
(75,578)
Net current assets
33,082 
5,965 
Total assets less current liabilities
65,121 
15,806 
Creditors: amounts falling due after more than one year
(35,789)
(23,333)
Provisions for liabilities
Deferred tax
(6,088)
(1,870)
Net assets/(liabilities)
23,244 
(9,397)
Capital and reserves
Called up share capital
1,001 
1,001 
Profit and loss account
22,243 
(10,398)
Shareholders' funds
23,244 
(9,397)
For the year ending 31 March 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 August 2024 and were signed on its behalf by
Mr T Day Director Company Registration No. 04225154
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Days Window & Door Services Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Days Window & Door Services Limited is a private company, limited by shares, registered in England and Wales, registration number 04225154. The registered office is 58a Havant Road, Northend, Portsmouth, Hampshire, PO2 7HH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Plant & machinery - 10% on reducing balance Fixtures & fittings - 10% on reducing balance Motor vehicles - 40% on reducing balance Computer equipment - 33% on cost
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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Days Window & Door Services Limited Notes to the Accounts for the year ended 31 March 2024
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2023
200,000 
At 31 March 2024
200,000 
Amortisation
At 1 April 2023
200,000 
At 31 March 2024
200,000 
Net book value
At 31 March 2024
- 
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Days Window & Door Services Limited Notes to the Accounts for the year ended 31 March 2024
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2023
3,357 
69,156 
5,517 
8,560 
86,590 
Additions
208 
33,995 
- 
- 
34,203 
Disposals
- 
(14,259)
- 
- 
(14,259)
At 31 March 2024
3,565 
88,892 
5,517 
8,560 
106,534 
Depreciation
At 1 April 2023
2,572 
61,707 
4,436 
8,034 
76,749 
Charge for the year
99 
11,225 
108 
382 
11,814 
On disposals
- 
(14,068)
- 
- 
(14,068)
At 31 March 2024
2,671 
58,864 
4,544 
8,416 
74,495 
Net book value
At 31 March 2024
894 
30,028 
973 
144 
32,039 
At 31 March 2023
785 
7,449 
1,081 
526 
9,841 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
82,931 
50,329 
Other debtors
1,898 
9,807 
84,829 
60,136 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
9,999 
26,022 
Obligations under finance leases and hire purchase contracts
5,623 
- 
Trade creditors
40,471 
35,447 
Taxes and social security
22,226 
10,088 
Other creditors
6,387 
4,021 
84,706 
75,578 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
35,789 
23,333 
9
Controlling party
The ultimate controlling party is Mr T Day
10
Average number of employees
During the year the average number of employees was 6 (2023: 8).
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