Company Registration No. 11825147 (England and Wales)
The UPVC Outlet Limited
Unaudited accounts
for the year ended 31 December 2023
The UPVC Outlet Limited
Unaudited accounts
Contents
The UPVC Outlet Limited
Company Information
for the year ended 31 December 2023
Company Number
11825147 (England and Wales)
Registered Office
Unit 4 Tir Llwyd Enterprise Park
Kinmel Bay
Rhyl
LL18 5JZ
UNITED KINGDOM
The UPVC Outlet Limited
Statement of financial position
as at 31 December 2023
Tangible assets
17,098
24,505
Cash at bank and in hand
222,173
171,616
Creditors: amounts falling due within one year
(93,481)
(128,461)
Net current assets
205,264
159,627
Total assets less current liabilities
222,362
184,132
Creditors: amounts falling due after more than one year
(116,212)
(153,536)
Called up share capital
1
1
Profit and loss account
106,149
30,595
Shareholders' funds
106,150
30,596
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 director acknowledges her 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 24 September 2024 and were signed on its behalf by
Jeanette Jackson
Director
Company Registration No. 11825147
The UPVC Outlet Limited
Notes to the Accounts
for the year ended 31 December 2023
The UPVC Outlet Limited is a private company, limited by shares, registered in England and Wales, registration number 11825147. The registered office is Unit 4 Tir Llwyd Enterprise Park, Kinmel Bay, Rhyl, LL18 5JZ, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
The accounts are presented in £ sterling.
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:
Fixtures & fittings
3 years
Computer equipment
3 years
Other tangible fixed assets
3 years
The UPVC Outlet Limited
Notes to the Accounts
for the year ended 31 December 2023
4
Tangible fixed assets
Motor vehicles
At 31 December 2023
37,037
At 31 December 2023
19,939
At 31 December 2023
17,098
At 31 December 2022
24,505
Raw materials
27,000
47,000
Work in progress
25,165
48,975
Stocks and work in progress are valued at the lower of costs and net realisable value, after making due allowance for obsolete and slow moving items
Amounts falling due within one year
Trade debtors
15,844
20,497
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
5,957
5,400
Trade creditors
28,497
92,665
Taxes and social security
24,073
3,678
Loans from directors
22,183
23,646
The UPVC Outlet Limited
Notes to the Accounts
for the year ended 31 December 2023
8
Creditors: amounts falling due after more than one year
2023
2022
Amounts owed to group undertakings and other participating interests
83,946
114,779
9
Transactions with related parties
As of the 31 December 2023 amounts due to Rubber Roofs Ltd total £83,946 (2022: £114,779).
Rubber Roofs Ltd is controlled by I Jackson (husband of J Jackson) who owns 100% of the share capital in Rubber Roofs Ltd
As of 31 December 2023 amounts owed to directors totalled £22,183 (2023: £23,646)
The Ultimate controlling party is Mrs J Jackson.
11
Average number of employees
During the year the average number of employees was 5 (2022: 6).