IRIS Accounts Productionv24.1.9.207128396Board of DirectorsBoard of Directors1.4.2331.3.2431.3.24falsetruefalsefalsetruefalseOrdinary1.00000Ordinary A1.00000Preference1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh071283962023-03-31071283962024-03-31071283962023-04-012024-03-31071283962022-03-31071283962022-04-012023-03-31071283962023-03-3107128396ns15:EnglandWales2023-04-012024-03-3107128396ns14:PoundSterling2023-04-012024-03-3107128396ns10:Director12023-04-012024-03-3107128396ns10:Director22023-04-012024-03-3107128396ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3107128396ns10:SmallEntities2023-04-012024-03-3107128396ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3107128396ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3107128396ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3107128396ns10:FullAccounts2023-04-012024-03-3107128396ns10:OrdinaryShareClass12023-04-012024-03-3107128396ns10:OrdinaryShareClass22023-04-012024-03-3107128396ns10:OrdinaryShareClass32023-04-012024-03-3107128396ns10:Director32023-04-012024-03-3107128396ns10:Director42023-04-012024-03-3107128396ns10:CompanySecretary12023-04-012024-03-3107128396ns10:RegisteredOffice2023-04-012024-03-3107128396ns5:CurrentFinancialInstruments2024-03-3107128396ns5:CurrentFinancialInstruments2023-03-3107128396ns5:Non-currentFinancialInstruments2024-03-3107128396ns5:Non-currentFinancialInstruments2023-03-3107128396ns5:PlantMachinery2023-03-3107128396ns5:PlantMachinery2023-04-012024-03-3107128396ns5:PlantMachinery2024-03-3107128396ns5:PlantMachinery2023-03-3107128396ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3107128396ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3107128396ns10:OrdinaryShareClass12024-03-3107128396ns10:OrdinaryShareClass22024-03-3107128396ns10:OrdinaryShareClass32024-03-31

REGISTERED NUMBER: 07128396 (England and Wales)
















Financial Statements for the Year Ended 31st March 2024

for


The Window Company (Contracts) Ltd


The Window Company (Contracts) Ltd (Registered number: 07128396)







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




The Window Company (Contracts) Ltd


Company Information

for the Year Ended 31st March 2024









DIRECTORS:

Mr D Thornton


Mr R Petre


Miss K J Thornton


Mrs R E Petre







SECRETARY:

Mrs R E Petre







REGISTERED OFFICE:

100 Beehive Lane


Chelmsford


Essex


CM2 9SG







REGISTERED NUMBER:

07128396 (England and Wales)


The Window Company (Contracts) Ltd (Registered number: 07128396)


Balance Sheet

31st March 2024



2024

2023



Notes

£   

£   

£   

£   


FIXED ASSETS

Tangible assets

4

309,406


302,237




CURRENT ASSETS

Stocks and work in progress

123,888


102,270



Debtors

5

1,141,952


1,800,940



Cash at bank

771,468


306,397



2,037,308


2,209,607



CREDITORS

Amounts falling due within one year

6

829,355


1,043,983



NET CURRENT ASSETS

1,207,953


1,165,624



TOTAL ASSETS LESS CURRENT

LIABILITIES

1,517,359


1,467,861




CREDITORS

Amounts falling due after more than one

year

7

(97,633

)

(180,907

)



PROVISIONS FOR LIABILITIES

(77,352

)

(52,287

)


NET ASSETS

1,342,374


1,234,667




CAPITAL AND RESERVES

Called up share capital

8

102,091


88,444



Retained earnings

1,240,283


1,146,223



SHAREHOLDERS' FUNDS

1,342,374


1,234,667




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 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 Window Company (Contracts) Ltd (Registered number: 07128396)


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 Statement of Income and Retained Earnings has not been delivered.  


The financial statements were approved by the Board of Directors and authorised for issue on 16th August 2024 and were signed on its behalf by:





Mr D Thornton - Director




Mr R Petre - Director



The Window Company (Contracts) Ltd (Registered number: 07128396)


Notes to the Financial Statements

for the Year Ended 31st March 2024


1.

STATUTORY INFORMATION



The Window Company (Contracts) 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.


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 etc - between 33% and 25% on cost


Stocks


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



Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks and work in progress to their present location and condition.



Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


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.

The Window Company (Contracts) Ltd (Registered number: 07128396)


Notes to the Financial Statements - continued

for the Year Ended 31st March 2024


3.

EMPLOYEES AND DIRECTORS



The average number of employees during the year was 16 (2023 - 17 ) .


4.

TANGIBLE FIXED ASSETS


Plant and


machinery


etc

£   



COST


At 1st April 2023

773,944




Additions

141,651




Disposals

(59,249

)



At 31st March 2024

856,346




DEPRECIATION


At 1st April 2023

471,707




Charge for year

134,482




Eliminated on disposal

(59,249

)



At 31st March 2024

546,940




NET BOOK VALUE


At 31st March 2024

309,406




At 31st March 2023

302,237




5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR


2024

2023


£   

£   



Trade debtors

995,663


1,486,716




Other debtors

146,289


314,224



1,141,952


1,800,940




6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR


2024

2023


£   

£   



Bank loans and overdrafts

-


32,365




Hire purchase contracts

104,712


92,406




Trade creditors

364,489


616,652




Taxation and social security

114,924


105,051




Other creditors

245,230


197,509



829,355


1,043,983




The Window Company (Contracts) Ltd (Registered number: 07128396)


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


£   

£   



Bank loans

-


67,330




Hire purchase contracts

97,633


113,577



97,633


180,907




8.

CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:


Number:

Class:

Nominal

2024

2023



value:

£   

£   



74,030

Ordinary

£1

74,030


88,443




28,060

Ordinary A

£1

28,060


-




1

Preference

£1

1


1



102,091


88,444




During the year there was a capital reduction of 5,032 Ordinary shares of £1 each, 1,664 Ordinary shares of £1 each were allotted and fully paid for in cash at par. There was a 1 for 5 bonus issue of 17,015 Ordinary shares of £1 each and 28,060 Ordinary shares of £1 each were converted to Ordinary A shares of £1 each.

9.

ULTIMATE CONTROLLING PARTY



The ultimate controlling party is Mr D Thornton.