SC333516falsethe installation of window draught proofing systems and related joinery work2024-02-292024-08-31http://www.companieshouse.gov.uk/2024-02-28http://www.companieshouse.gov.uk/cd:CompanySecretary12024-02-292024-08-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2024-02-28http://www.companieshouse.gov.uk/cd:Director12024-02-292024-08-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-08-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-08-31http://www.companieshouse.gov.uk/cd:Director22024-02-292024-08-31http://www.companieshouse.gov.uk/cd:Director32024-02-292024-08-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-02-292024-08-31http://www.companieshouse.gov.uk/pt:MotorCars2024-02-28http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-02-292024-08-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22024-02-292024-08-31http://www.companieshouse.gov.uk/pt:MotorCars2024-08-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass32024-02-292024-08-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-02-292024-08-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-08-31http://www.companieshouse.gov.uk/pt:NetGoodwill2024-02-292024-08-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-02-28http://www.companieshouse.gov.uk/2024-02-292024-08-31http://www.companieshouse.gov.uk/2024-02-28http://www.companieshouse.gov.uk/cd:FRS1022024-02-292024-08-31http://www.companieshouse.gov.uk/2024-08-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-02-292024-08-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-02-292024-08-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: SC333516

Sashworks Scotland Limited

ACCOUNTS
FOR THE 185 DAY PERIOD ENDED 31/08/2024

Prepared By:
N B Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN

Sashworks Scotland Limited

ACCOUNTS
FOR THE 185 DAY PERIOD ENDED 31/08/2024
DIRECTORS
V W Harris
Mrs M Harris
Mrs V Cartner
SECRETARY
Mrs V Cartner
REGISTERED OFFICE
The Old Wool Mill
Sydney Place
Lockerbie
DG11 2JA
COMPANY DETAILS
Private company limited by shares registered in SC - Scotland, registered number SC333516
BANKERS
Royal Bank of Scotland Plc
ACCOUNTANTS
N B Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN

Sashworks Scotland Limited

ACCOUNTS
FOR THE185 DAY PERIODENDED31/08/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Sashworks Scotland Limited

BALANCE SHEET AT 31/08/2024
20242024
Notes££
FIXED ASSETS
Intangible assets2890,000890,000
Tangible assets3-95,159
890,000985,159
CURRENT ASSETS
Stock-213,691
Debtors5198,95089,996
Cash at bank and in hand1,657,2021,387,553
1,856,1521,691,240
CREDITORS: Amounts falling due within one year6320,611357,326
NET CURRENT ASSETS1,535,5411,333,914
TOTAL ASSETS LESS CURRENT LIABILITIES2,425,5412,319,073
CREDITORS: Amounts falling due after more than one year7-24,284
NET ASSETS2,425,5412,294,789
CAPITAL AND RESERVES
Called up share capital108585
Profit and loss account2,425,4562,294,704
SHAREHOLDERS' FUNDS2,425,5412,294,789
For the year ending 31/08/2024 the company was entitled to exemption 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 23/10/2024 and signed on their behalf by
.............................
V W Harris
Director

Sashworks Scotland Limited

NOTES TO THE ACCOUNTS
FOR THE 185 DAY PERIOD ENDED 31/08/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant, equipment and office furniturereducing balance 25%
Motor vehiclesreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Taxation
Taxation represents the sum of 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.
1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

Sashworks Scotland Limited

2. INTANGIBLE FIXED ASSETS
Ventrolla Master Licence for Scotland

Franchised

Goodwill

Total
£££
Cost
At 29/02/2024500,000390,000890,000
At 31/08/2024500,000390,000890,000
Depreciation
Net Book Amounts
At 31/08/2024500,000390,000890,000
At 28/02/2024500,000390,000890,000
3. TANGIBLE FIXED ASSETS
Plant and
MachineryMotor VehiclesTotal
£££
Cost
At 29/02/2024130,304176,126306,430
Disposals(130,304)(176,126)(306,430)
At 31/08/2024---
Depreciation
At 29/02/2024119,95591,316211,271
Disposals(120,602)(96,617)(217,219)
For the 185 day period6475,3015,948
At 31/08/2024---
Net Book Amounts
At 31/08/2024---
At 28/02/202410,34984,81095,159
4. STOCK 20242024
££
Stock comprises:
Stock raw materials-66,205
Work in progress-61,800
Stock of finished goods-85,686
-213,691

Sashworks Scotland Limited

5. DEBTORS 20242024
££
Amounts falling due within one year
Trade debtors23,95089,996
Amounts due from Ventrolla Ltd175,000-
198,95089,996
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242024
££
UK corporation tax303,589216,462
VAT7,95430,394
Other tax and social security-8,837
Hire purchase-31,339
Trade creditors1,26846,711
Other creditors-15,783
Accruals7,8007,800
320,611357,326
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242024
££
Hire purchase >1yr-24,284
-24,284
8. SECURED CREDITORS
20242024
££
Amount of other creditors which are secured-55,622
Hire Purchase creditors are secured on the assets to which the liabilities relate.

Sashworks Scotland Limited

9. EMPLOYEES
20242024
No.No.
Average number of employees-16
10. SHARE CAPITAL 20242024
££
Allotted, issued and fully paid:
75 "A" Ordinary shares of £1 each7575
5 "B" Ordinary shares of £1 each55
5 "C" Ordinary shares of £1 each55
8585
11. RELATED PARTY TRANSACTIONS
No remuneration was paid to the directors in the period (Prior Period - £9,096 to a certain director).
Dividends of £34,475 were paid to the directors and owners holding a participating interest during the period (Prior Period - £270,850).
12. GOING CONCERN
It is the intention of the directors that the company is to be wound up by way of Member's Voluntary Liquidation within 12 months of the signing of these financial statements and as such the directors do not deem the going concern basis appropriate.
The accounts have therefore been prepared on a basis other than going concern