1 January 2023 false No description of principal activity Taxfiler 2024.5 11825147business:PrivateLimitedCompanyLtd2023-01-012023-12-31 118251472022-12-31 118251472023-01-012023-12-31 11825147business:AuditExempt-NoAccountantsReport2023-01-012023-12-31 11825147business:FilletedAccounts2023-01-012023-12-31 118251472023-12-31 11825147business:Director12023-01-012023-12-31 11825147business:RegisteredOffice2023-01-012023-12-31 118251472022-12-31 11825147core:WithinOneYear2023-12-31 11825147core:WithinOneYear2022-12-31 11825147core:AfterOneYear2023-12-31 11825147core:AfterOneYear2022-12-31 11825147core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 11825147core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 11825147core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 11825147core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 11825147core:PreviouslyStatedAmount2023-12-31 11825147core:PreviouslyStatedAmount2022-12-31 11825147business:SmallEntities2023-01-012023-12-31 11825147countries:EnglandWales2023-01-012023-12-31 11825147core:MotorVehicles2023-01-012023-12-31 11825147core:FurnitureFittings2023-01-012023-12-31 11825147core:ComputerEquipment2023-01-012023-12-31 11825147core:OtherPropertyPlantEquipment2023-01-012023-12-31 11825147core:MotorVehicles2022-12-31 11825147core:MotorVehicles2023-12-31 118251472022-01-012022-12-31 iso4217:GBP xbrli:pure
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
Page
- 2 -
The UPVC Outlet Limited Company Information for the year ended 31 December 2023
Director
Jeanette Jackson
Company Number
11825147 (England and Wales)
Registered Office
Unit 4 Tir Llwyd Enterprise Park Kinmel Bay Rhyl LL18 5JZ UNITED KINGDOM
- 3 -
The UPVC Outlet Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
17,098 
24,505 
Current assets
Inventories
52,165 
95,975 
Debtors
24,407 
20,497 
Cash at bank and in hand
222,173 
171,616 
298,745 
288,088 
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)
Net assets
106,150 
30,596 
Capital and reserves
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
- 4 -
The UPVC Outlet Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
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.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Presentation currency
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:
Motor vehicles
5 years
Fixtures & fittings
3 years
Computer equipment
3 years
Other tangible fixed assets
3 years
- 5 -
The UPVC Outlet Limited Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 January 2023
37,037 
At 31 December 2023
37,037 
Depreciation
At 1 January 2023
12,532 
Charge for the year
7,407 
At 31 December 2023
19,939 
Net book value
At 31 December 2023
17,098 
At 31 December 2022
24,505 
5
Inventories
2023 
2022 
£ 
£ 
Raw materials
27,000 
47,000 
Work in progress
25,165 
48,975 
52,165 
95,975 
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
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
15,844 
20,497 
Other debtors
8,563 
- 
24,407 
20,497 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
5,957 
5,400 
VAT
10,068 
1,329 
Trade creditors
28,497 
92,665 
Taxes and social security
24,073 
3,678 
Other creditors
1,363 
643 
Loans from directors
22,183 
23,646 
Accruals
1,340 
1,100 
93,481 
128,461 
- 6 -
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 
£ 
£ 
Bank loans
32,266 
38,757 
Amounts owed to group undertakings and other participating interests
83,946 
114,779 
116,212 
153,536 
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)
10
Controlling party
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).
- 7 -