IRIS Accounts Production v24.2.0.383 04814400 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh048144002023-03-31048144002024-03-31048144002023-04-012024-03-31048144002022-03-31048144002022-04-012023-03-31048144002023-03-3104814400ns15:EnglandWales2023-04-012024-03-3104814400ns14:PoundSterling2023-04-012024-03-3104814400ns10:Director12023-04-012024-03-3104814400ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3104814400ns10:SmallEntities2023-04-012024-03-3104814400ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3104814400ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3104814400ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3104814400ns10:FullAccounts2023-04-012024-03-3104814400ns10:Director22023-04-012024-03-3104814400ns10:CompanySecretary12023-04-012024-03-3104814400ns10:RegisteredOffice2023-04-012024-03-3104814400ns5:CurrentFinancialInstruments2024-03-3104814400ns5:CurrentFinancialInstruments2023-03-3104814400ns5:ShareCapital2024-03-3104814400ns5:ShareCapital2023-03-3104814400ns5:RetainedEarningsAccumulatedLosses2024-03-3104814400ns5:RetainedEarningsAccumulatedLosses2023-03-3104814400ns5:PlantMachinery2023-04-012024-03-3104814400ns5:FurnitureFittings2023-04-012024-03-3104814400ns5:MotorVehicles2023-04-012024-03-3104814400ns5:ComputerEquipment2023-04-012024-03-3104814400ns5:PlantMachinery2023-03-3104814400ns5:FurnitureFittings2023-03-3104814400ns5:MotorVehicles2023-03-3104814400ns5:ComputerEquipment2023-03-3104814400ns5:PlantMachinery2024-03-3104814400ns5:FurnitureFittings2024-03-3104814400ns5:MotorVehicles2024-03-3104814400ns5:ComputerEquipment2024-03-3104814400ns5:PlantMachinery2023-03-3104814400ns5:FurnitureFittings2023-03-3104814400ns5:MotorVehicles2023-03-3104814400ns5:ComputerEquipment2023-03-3104814400ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3104814400ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-31
REGISTERED NUMBER: 04814400 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

MANSFIELD GLASS & WINDOWS LIMITED

MANSFIELD GLASS & WINDOWS LIMITED (REGISTERED NUMBER: 04814400)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MANSFIELD GLASS & WINDOWS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mr M W Simpson
Mrs J Simpson



SECRETARY: Mr T J Simpson



REGISTERED OFFICE: Oxford Street
Mansfield Woodhouse
Nottinghamshire
NG18 2BE



REGISTERED NUMBER: 04814400 (England and Wales)



ACCOUNTANTS: Anderson & Co
18 Diamond Avenue
Kirkby in Ashfield
Nottinghamshire
NG17 7GR



BANKERS: National Westminster Bank plc
9 Church Street
Mansfield
Nottinghamshire
NG18 1HP

MANSFIELD GLASS & WINDOWS LIMITED (REGISTERED NUMBER: 04814400)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 37,280 34,850

CURRENT ASSETS
Stocks 3,000 3,000
Debtors 5 11,408 5,909
Cash at bank 31,729 39,537
46,137 48,446
CREDITORS
Amounts falling due within one year 6 29,421 29,966
NET CURRENT ASSETS 16,716 18,480
TOTAL ASSETS LESS CURRENT
LIABILITIES

53,996

53,330

PROVISIONS FOR LIABILITIES 7,083 6,622
NET ASSETS 46,913 46,708

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 46,813 46,608
46,913 46,708

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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.

MANSFIELD GLASS & WINDOWS LIMITED (REGISTERED NUMBER: 04814400)

BALANCE SHEET - continued
31 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 October 2024 and were signed on its behalf by:





Mr M W Simpson - Director


MANSFIELD GLASS & WINDOWS LIMITED (REGISTERED NUMBER: 04814400)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Mansfield Glass & Windows Limited 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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

MANSFIELD GLASS & WINDOWS LIMITED (REGISTERED NUMBER: 04814400)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 29,403 7,211 62,737 7,781 107,132
Additions - - 26,500 - 26,500
Disposals - - (27,587 ) - (27,587 )
At 31 March 2024 29,403 7,211 61,650 7,781 106,045
DEPRECIATION
At 1 April 2023 24,903 6,061 35,537 5,781 72,282
Charge for year 1,127 288 10,516 502 12,433
Eliminated on disposal - - (15,950 ) - (15,950 )
At 31 March 2024 26,030 6,349 30,103 6,283 68,765
NET BOOK VALUE
At 31 March 2024 3,373 862 31,547 1,498 37,280
At 31 March 2023 4,500 1,150 27,200 2,000 34,850

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 5,316 -
Amounts recoverable on contract 3,150 3,150
Corporation tax 677 708
Prepayments 2,265 2,051
11,408 5,909

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 3,792 15,538
PAYE and national insurance 415 (421 )
Value added tax 3,717 905
Directors' current accounts 19,677 8,211
Accrued expenses 1,820 5,733
29,421 29,966