Company Registration No. 11059552 (England and Wales)
Acg Windows & Doors Limited
Unaudited accounts
for the year ended 29 February 2024
Acg Windows & Doors Limited
Unaudited accounts
Contents
Acg Windows & Doors Limited
Company Information
for the year ended 29 February 2024
Company Number
11059552 (England and Wales)
Acg Windows & Doors Limited
Statement of financial position
as at 29 February 2024
Tangible assets
199,821
209,841
Inventories
143,440
154,330
Cash at bank and in hand
15,453
27,203
Creditors: amounts falling due within one year
(1,228,398)
(343,236)
Net current liabilities
(472,795)
(46,451)
Total assets less current liabilities
(272,974)
163,390
Creditors: amounts falling due after more than one year
(14,854)
(129,394)
Net (liabilities)/assets
(287,828)
33,996
Called up share capital
10
10
Profit and loss account
(287,838)
33,986
Shareholders' funds
(287,828)
33,996
For the year ending 29 February 2024 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 her 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 9 August 2024 and were signed on its behalf by
Laura Pountain
Director
Company Registration No. 11059552
Acg Windows & Doors Limited
Notes to the Accounts
for the year ended 29 February 2024
Acg Windows & Doors Limited is a private company, limited by shares, registered in England and Wales, registration number 11059552.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
281,043
5,500
-
286,543
Additions
1,625
-
27,951
29,576
At 29 February 2024
282,668
5,500
27,951
316,119
At 1 March 2023
72,507
4,195
-
76,702
Charge for the year
38,190
327
1,079
39,596
At 29 February 2024
110,697
4,522
1,079
116,298
At 29 February 2024
171,971
978
26,872
199,821
At 28 February 2023
208,536
1,305
-
209,841
Acg Windows & Doors Limited
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Amounts falling due after more than one year
Amounts due from group undertakings etc.
293,866
-
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
5,760
Obligations under finance leases and hire purchase contracts
102,913
30,013
Trade creditors
295,210
108,675
Amounts owed to group undertakings and other participating interests
507,480
-
Taxes and social security
5,018
16,828
Other creditors
94,978
584
Loans from directors
135,236
111,153
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
103,200
Taxes and social security
14,854
14,854
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).