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REGISTERED NUMBER: 04926909 (England and Wales)















Unaudited Financial Statements For The Year Ended 31 October 2023

for

Bracknell Glass Limited

Bracknell Glass Limited (Registered number: 04926909)

Contents of the Financial Statements
For The Year Ended 31 October 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bracknell Glass Limited

Company Information
For The Year Ended 31 October 2023







DIRECTORS: Ms H Cullip
G Cullip





REGISTERED OFFICE: Osborne House
143-145 Stanwell Road
Ashford
Middlesex
TW15 3QN





REGISTERED NUMBER: 04926909 (England and Wales)





ACCOUNTANTS: Hunt Ford & Co
Osborne House
143-145 Stanwell Road
Ashford
Middlesex
TW15 3QN

Bracknell Glass Limited (Registered number: 04926909)

Balance Sheet
31 October 2023

31/10/23 31/10/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,956 24,945

CURRENT ASSETS
Stocks 10,000 10,000
Debtors 5 368,809 248,422
Cash at bank 47,929 35,735
426,738 294,157
CREDITORS
Amounts falling due within one year 6 405,586 280,093
NET CURRENT ASSETS 21,152 14,064
TOTAL ASSETS LESS CURRENT
LIABILITIES

41,108

39,009

CREDITORS
Amounts falling due after more than
one year

7

13,461

38,300
NET ASSETS 27,647 709

CAPITAL AND RESERVES
Called up share capital 62 62
Retained earnings 9 27,585 647
SHAREHOLDERS' FUNDS 27,647 709

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 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.

Bracknell Glass Limited (Registered number: 04926909)

Balance Sheet - continued
31 October 2023


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 31 October 2024 and were signed on its behalf by:




G Cullip - Director



Ms H Cullip - Director


Bracknell Glass Limited (Registered number: 04926909)

Notes to the Financial Statements
For The Year Ended 31 October 2023


1. STATUTORY INFORMATION

Bracknell Glass 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 etc - 20% 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.

Bracknell Glass Limited (Registered number: 04926909)

Notes to the Financial Statements - continued
For The Year Ended 31 October 2023


2. ACCOUNTING POLICIES - continued

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 10 (2022 - NIL ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022
and 31 October 2023 182,552
DEPRECIATION
At 1 November 2022 157,607
Charge for year 4,989
At 31 October 2023 162,596
NET BOOK VALUE
At 31 October 2023 19,956
At 31 October 2022 24,945

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/23 31/10/22
£    £   
Trade debtors 245,586 138,413
Amounts owed by group undertakings 90,000 90,000
VAT 33,223 20,009
368,809 248,422

Bracknell Glass Limited (Registered number: 04926909)

Notes to the Financial Statements - continued
For The Year Ended 31 October 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/23 31/10/22
£    £   
Bank loans and overdrafts (see note 8) 8,498 2,566
Hire purchase contracts 2,943 11,194
Trade creditors 106,152 81,294
Tax 104,063 78,862
Social security and other taxes 75,021 36,910
Pension Control 1,087 4,471
Directors' current accounts - 930
Accruals and deferred income 80,044 36,048
Accrued expenses 27,778 27,818
405,586 280,093

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/10/23 31/10/22
£    £   
Bank loans (see note 8) 13,461 28,868
Hire purchase contracts - 9,432
13,461 38,300

8. LOANS

An analysis of the maturity of loans is given below:

31/10/23 31/10/22
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts - 2,566
Bank loans 8,498 -
8,498 2,566

Amounts falling due between one and two years:
Bank loans - 1-2 years 13,461 28,868

Bracknell Glass Limited (Registered number: 04926909)

Notes to the Financial Statements - continued
For The Year Ended 31 October 2023


9. RESERVES
Retained
earnings
£   

At 1 November 2022 647
Profit for the year 164,485
Dividends (137,547 )
At 31 October 2023 27,585

10. RELATED PARTY DISCLOSURES

The company is a wholly owned subsidiary of Cullip Glass Group Ltd.
Each director of Bracknell Glass has owned 25% of the share capital of the parent company throughout this year.