IRIS Accounts Production v24.3.0.553 06820314 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh068203142023-03-31068203142024-03-31068203142023-04-012024-03-31068203142022-03-31068203142022-04-012023-03-31068203142023-03-3106820314ns15:EnglandWales2023-04-012024-03-3106820314ns14:PoundSterling2023-04-012024-03-3106820314ns10:Director12023-04-012024-03-3106820314ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3106820314ns10:SmallEntities2023-04-012024-03-3106820314ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3106820314ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3106820314ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3106820314ns10:FullAccounts2023-04-012024-03-3106820314ns5:CurrentFinancialInstruments2024-03-3106820314ns5:CurrentFinancialInstruments2023-03-3106820314ns5:Non-currentFinancialInstruments2024-03-3106820314ns5:Non-currentFinancialInstruments2023-03-3106820314ns5:ShareCapital2024-03-3106820314ns5:ShareCapital2023-03-3106820314ns5:RetainedEarningsAccumulatedLosses2024-03-3106820314ns5:RetainedEarningsAccumulatedLosses2023-03-3106820314ns10:RegisteredOffice2023-04-012024-03-3106820314ns5:PlantMachinery2023-04-012024-03-3106820314ns5:PlantMachinery2023-03-3106820314ns5:PlantMachinery2024-03-3106820314ns5:PlantMachinery2023-03-3106820314ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3106820314ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-31
REGISTERED NUMBER: 06820314 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Classic Windows Ltd

Classic Windows Ltd (Registered number: 06820314)






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




Page

Statement of Financial Position 1

Notes to the Financial Statements 2


Classic Windows Ltd (Registered number: 06820314)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,728 2,269

CURRENT ASSETS
Stocks 143,857 144,014
Debtors 5 507,712 470,287
Cash at bank 114,537 96,666
766,106 710,967
CREDITORS
Amounts falling due within one year 6 507,848 468,808
NET CURRENT ASSETS 258,258 242,159
TOTAL ASSETS LESS CURRENT
LIABILITIES

259,986

244,428

CREDITORS
Amounts falling due after more than one year 7 11,664 21,666
NET ASSETS 248,322 222,762

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 248,320 222,760
SHAREHOLDERS' FUNDS 248,322 222,762

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

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

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 2 December 2024 and were signed on its behalf by:





A J Sullivan - Director


Classic Windows Ltd (Registered number: 06820314)

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

1. STATUTORY INFORMATION

Classic Windows Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 06820314

Registered office: 83 Blackwood Road
Streetly
Sutton Coldfield
West Midlands
B74 3PW

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Significant judgements and estimates
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

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 - 25% on reducing balance, 25% on cost and 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 statement of financial position date.

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.

Classic Windows Ltd (Registered number: 06820314)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 10,080
Additions 965
At 31 March 2024 11,045
DEPRECIATION
At 1 April 2023 7,811
Charge for year 1,506
At 31 March 2024 9,317
NET BOOK VALUE
At 31 March 2024 1,728
At 31 March 2023 2,269

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 439,736 396,998
Other debtors 67,976 73,289
507,712 470,287

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 328,138 286,184
Taxation and social security 43,654 22,744
Other creditors 126,056 149,880
507,848 468,808

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 11,664 21,666

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in other debtors is a directors loan amount of £2,633.

No interest is payable.