1 November 2022 false No description of principal activity Taxfiler 2024.5 10424042business:PrivateLimitedCompanyLtd2022-11-012023-10-31 104240422022-10-31 104240422022-11-012023-10-31 10424042business:AuditExemptWithAccountantsReport2022-11-012023-10-31 10424042business:FilletedAccounts2022-11-012023-10-31 104240422023-10-31 10424042business:Director12022-11-012023-10-31 10424042business:RegisteredOffice2022-11-012023-10-31 104240422022-10-31 10424042core:WithinOneYear2023-10-31 10424042core:WithinOneYear2022-10-31 10424042core:AfterOneYear2023-10-31 10424042core:AfterOneYear2022-10-31 10424042core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 10424042core:ShareCapitalcore:PreviouslyStatedAmount2022-10-31 10424042core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 10424042core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 10424042core:PreviouslyStatedAmount2023-10-31 10424042core:PreviouslyStatedAmount2022-10-31 10424042business:SmallEntities2022-11-012023-10-31 10424042countries:EnglandWales2022-11-012023-10-31 10424042core:MotorVehicles2022-11-012023-10-31 10424042core:FurnitureFittings2022-11-012023-10-31 10424042core:PlantMachinery2022-10-31 10424042core:MotorVehicles2022-10-31 10424042core:FurnitureFittings2022-10-31 10424042core:PlantMachinery2022-11-012023-10-31 10424042core:PlantMachinery2023-10-31 10424042core:MotorVehicles2023-10-31 10424042core:FurnitureFittings2023-10-31 104240422021-11-012022-10-31 iso4217:GBP xbrli:pure
Company Registration No. 10424042 (England and Wales)
Smashing Glass and Glazing Ltd Unaudited accounts for the year ended 31 October 2023
Smashing Glass and Glazing Ltd Unaudited accounts Contents
Page
- 2 -
Smashing Glass and Glazing Ltd Company Information for the year ended 31 October 2023
Director
Mr J Henderson
Company Number
10424042 (England and Wales)
Registered Office
Suite 1 Christchurch House Sir Thomas Longley Road Rochester Kent ME2 4FX
Accountants
AK Tax & Accountancy Ltd Suite 1 Christchurch House Sir Thomas Longley Road Rochester Kent ME24FX
- 3 -
Smashing Glass and Glazing Ltd Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
175,691 
50,523 
Current assets
Inventories
28,000 
28,000 
Debtors
390,023 
105,674 
Cash at bank and in hand
15,053 
(27,197)
433,076 
106,477 
Creditors: amounts falling due within one year
(182,575)
(57,005)
Net current assets
250,501 
49,472 
Total assets less current liabilities
426,192 
99,995 
Creditors: amounts falling due after more than one year
(332,740)
(96,624)
Net assets
93,452 
3,371 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
93,352 
3,271 
Shareholders' funds
93,452 
3,371 
For the year ending 31 October 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 his 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 21 October 2024 and were signed on its behalf by
Mr J Henderson Director Company Registration No. 10424042
- 4 -
Smashing Glass and Glazing Ltd Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
Smashing Glass and Glazing Ltd is a private company, limited by shares, registered in England and Wales, registration number 10424042. The registered office is Suite 1 Christchurch House, Sir Thomas Longley Road, Rochester, Kent, ME2 4FX.
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.
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
25% reducing balance
Fixtures & fittings
20% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2022
911 
104,245 
812 
105,968 
Additions
- 
189,460 
- 
189,460 
At 31 October 2023
911 
293,705 
812 
295,428 
Depreciation
At 1 November 2022
- 
54,590 
855 
55,445 
Charge for the year
- 
63,916 
376 
64,292 
At 31 October 2023
- 
118,506 
1,231 
119,737 
Net book value
At 31 October 2023
911 
175,199 
(419)
175,691 
At 31 October 2022
911 
49,655 
(43)
50,523 
- 5 -
Smashing Glass and Glazing Ltd Notes to the Accounts for the year ended 31 October 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
4,726 
- 
Trade debtors
66,904 
57,126 
Deferred tax asset
16,319 
16,319 
Other debtors
302,074 
32,229 
390,023 
105,674 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
25,052 
(11,276)
Obligations under finance leases and hire purchase contracts
7,017 
15,683 
Trade creditors
68,632 
- 
Taxes and social security
32,665 
50,234 
Other creditors
49,209 
2,364 
182,575 
57,005 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
- 
26,913 
Obligations under finance leases and hire purchase contracts
58,191 
24,828 
Trade creditors
- 
44,883 
Loans from directors
274,549 
- 
332,740 
96,624 
8
Average number of employees
During the year the average number of employees was 10 (2022: 10).
- 6 -