Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 02176681 Mr Philip Atkinson Mrs Julie Atkinson Mrs Sara Pullen Mr Robert Pullen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02176681 2022-12-31 02176681 2023-12-31 02176681 2023-01-01 2023-12-31 02176681 frs-core:CurrentFinancialInstruments 2023-12-31 02176681 frs-core:BetweenOneFiveYears 2023-12-31 02176681 frs-core:PlantMachinery 2023-12-31 02176681 frs-core:PlantMachinery 2023-01-01 2023-12-31 02176681 frs-core:PlantMachinery 2022-12-31 02176681 frs-core:WithinOneYear 2023-12-31 02176681 frs-core:ShareCapital 2023-12-31 02176681 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 02176681 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 02176681 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 02176681 frs-bus:SmallEntities 2023-01-01 2023-12-31 02176681 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 02176681 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 02176681 frs-bus:Director1 2023-01-01 2023-12-31 02176681 frs-bus:Director2 2023-01-01 2023-12-31 02176681 frs-bus:Director3 2023-01-01 2023-12-31 02176681 frs-bus:Director4 2023-01-01 2023-12-31 02176681 frs-countries:EnglandWales 2023-01-01 2023-12-31 02176681 2021-12-31 02176681 2022-12-31 02176681 2022-01-01 2022-12-31 02176681 frs-core:CurrentFinancialInstruments 2022-12-31 02176681 frs-core:BetweenOneFiveYears 2022-12-31 02176681 frs-core:WithinOneYear 2022-12-31 02176681 frs-core:ShareCapital 2022-12-31 02176681 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 02176681
Pyroglass Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 02176681
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 151,085 140,394
151,085 140,394
CURRENT ASSETS
Stocks 397,683 338,012
Debtors 5 239,844 350,543
Cash at bank and in hand 905,018 793,677
1,542,545 1,482,232
Creditors: Amounts Falling Due Within One Year 6 (213,737 ) (274,246 )
NET CURRENT ASSETS (LIABILITIES) 1,328,808 1,207,986
TOTAL ASSETS LESS CURRENT LIABILITIES 1,479,893 1,348,380
PROVISIONS FOR LIABILITIES
Deferred Taxation (37,771 ) (26,517 )
NET ASSETS 1,442,122 1,321,863
CAPITAL AND RESERVES
Called up share capital 7 31,500 31,500
Profit and Loss Account 1,410,622 1,290,363
SHAREHOLDERS' FUNDS 1,442,122 1,321,863
Page 1
Page 2
For the year ending 31 December 2023 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Philip Atkinson
Director
28/08/2024
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Pyroglass Limited registered number 02176681 is a private company limited by shares incorporated in England & Wales. The Registered Office is 50-54 Berry Lane, Longridge, Preston, PR3 3JP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historic cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% Straight Line
2.4. Leasing and Hire Purchase Contracts
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Stocks and Work in Progress
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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.7. Taxation
Taxation represents the sum of the tax currently payable and deferred tax.

The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
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2.8. Pensions
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.9. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2023 2022
Office and administration 4 4
Sales, marketing and distribution 1 1
Manufacturing 17 13
22 18
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 January 2023 183,206
Additions 46,400
As at 31 December 2023 229,606
Depreciation
As at 1 January 2023 42,812
Provided during the period 35,709
As at 31 December 2023 78,521
Net Book Value
As at 31 December 2023 151,085
As at 1 January 2023 140,394
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 225,868 319,698
Prepayments and accrued income 13,976 30,845
239,844 350,543
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6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 75,289 188,104
Corporation tax 72,454 21,210
Other taxes and social security 10,688 8,804
VAT 41,060 34,190
Accruals and deferred income 10,323 17,999
Directors' loan accounts 3,923 3,939
213,737 274,246
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 31,500 31,500
8. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2023 2022
£ £
Not later than one year 98,500 14,125
Later than one year and not later than five years 229,125 -
327,625 14,125
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