IRIS Accounts Production v24.1.0.578 SC505908 Board of Directors 1.6.23 31.5.24 31.5.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC5059082023-05-31SC5059082024-05-31SC5059082023-06-012024-05-31SC5059082022-05-31SC5059082022-06-012023-05-31SC5059082023-05-31SC505908ns15:Scotland2023-06-012024-05-31SC505908ns14:PoundSterling2023-06-012024-05-31SC505908ns10:Director12023-06-012024-05-31SC505908ns10:PrivateLimitedCompanyLtd2023-06-012024-05-31SC505908ns10:SmallEntities2023-06-012024-05-31SC505908ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-31SC505908ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-31SC505908ns10:FullAccounts2023-06-012024-05-31SC505908ns10:Director22023-06-012024-05-31SC505908ns10:Director32023-06-012024-05-31SC505908ns10:RegisteredOffice2023-06-012024-05-31SC505908ns5:CurrentFinancialInstruments2024-05-31SC505908ns5:CurrentFinancialInstruments2023-05-31SC505908ns5:Non-currentFinancialInstruments2024-05-31SC505908ns5:Non-currentFinancialInstruments2023-05-31SC505908ns5:ShareCapital2024-05-31SC505908ns5:ShareCapital2023-05-31SC505908ns5:RetainedEarningsAccumulatedLosses2024-05-31SC505908ns5:RetainedEarningsAccumulatedLosses2023-05-31SC505908ns5:PlantMachinery2023-06-012024-05-31SC505908ns5:LandBuildings2023-05-31SC505908ns5:PlantMachinery2023-05-31SC505908ns5:FurnitureFittings2023-05-31SC505908ns5:ComputerEquipment2023-05-31SC505908ns5:LandBuildings2023-06-012024-05-31SC505908ns5:FurnitureFittings2023-06-012024-05-31SC505908ns5:ComputerEquipment2023-06-012024-05-31SC505908ns5:LandBuildings2024-05-31SC505908ns5:PlantMachinery2024-05-31SC505908ns5:FurnitureFittings2024-05-31SC505908ns5:ComputerEquipment2024-05-31SC505908ns5:LandBuildings2023-05-31SC505908ns5:PlantMachinery2023-05-31SC505908ns5:FurnitureFittings2023-05-31SC505908ns5:ComputerEquipment2023-05-31SC505908ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-05-31SC505908ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-31
REGISTERED NUMBER: SC505908 (Scotland)


















Unaudited Financial Statements

for the Year Ended 31 May 2024

for

DCW Window Solutions Limited

DCW Window Solutions Limited (Registered number: SC505908)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DCW Window Solutions Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: Mrs L Wilson
D Wilson
C Wilson





REGISTERED OFFICE: Scottcourt House
West Princes Street
Helensburgh
Argyll & Bute
G84 8BP





REGISTERED NUMBER: SC505908 (Scotland)





ACCOUNTANTS: Macleod Fulton
Scottcourt House
West Princes Street
Helensburgh
Argyll & Bute
G84 8BP

DCW Window Solutions Limited (Registered number: SC505908)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 111,513 131,440

CURRENT ASSETS
Stocks 30,961 47,869
Debtors 5 190,005 148,316
Cash at bank and in hand 5,957 32,438
226,923 228,623
CREDITORS
Amounts falling due within one year 6 210,686 220,055
NET CURRENT ASSETS 16,237 8,568
TOTAL ASSETS LESS CURRENT
LIABILITIES

127,750

140,008

CREDITORS
Amounts falling due after more than one
year

7

(47,805

)

(73,114

)

PROVISIONS FOR LIABILITIES (12,637 ) (16,423 )
NET ASSETS 67,308 50,471

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 67,305 50,468
SHAREHOLDERS' FUNDS 67,308 50,471

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

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

DCW Window Solutions Limited (Registered number: SC505908)

Balance Sheet - continued
31 May 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 13 September 2024 and were signed on its behalf by:





Mrs L Wilson - Director


DCW Window Solutions Limited (Registered number: SC505908)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

DCW Window Solutions Limited is a private company, limited by shares , registered in Scotland. 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 - 33% on cost and 25% on reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

DCW Window Solutions Limited (Registered number: SC505908)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 13 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 June 2023 45,000 216,255 1,502 19,040 281,797
Additions - 3,279 - 782 4,061
Disposals - (12,813 ) - - (12,813 )
At 31 May 2024 45,000 206,721 1,502 19,822 273,045
DEPRECIATION
At 1 June 2023 - 130,926 868 18,563 150,357
Charge for year - 21,835 159 727 22,721
Eliminated on disposal - (11,546 ) - - (11,546 )
At 31 May 2024 - 141,215 1,027 19,290 161,532
NET BOOK VALUE
At 31 May 2024 45,000 65,506 475 532 111,513
At 31 May 2023 45,000 85,329 634 477 131,440

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 144,814 104,454
Other debtors 45,191 43,862
190,005 148,316

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 15,354 20,333
Trade creditors 28,007 83,431
Taxation and social security 37,376 14,346
Other creditors 119,949 91,945
210,686 220,055

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Bank loans 10,659 20,614
Hire purchase contracts 37,146 52,500
47,805 73,114

DCW Window Solutions Limited (Registered number: SC505908)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

8. CONTINGENT LIABILITIES

As at 31 May 2024 the company has no contingent liabilities. (2023 - £nil).

9. CAPITAL COMMITMENTS

As at 31 May 2024 the company has no capital commitments. (2023 - £nil).

10. RELATED PARTY DISCLOSURES

As at 31 May 2024 included within other creditors is a balance of £114,535 (2023 - £85,410) due to the directors of DCW Window Solutions Limited. There is no fixed repayment date and no interest is charged theron.