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REGISTERED NUMBER: 05080301 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Leicester Window Supplies Limited

Leicester Window Supplies Limited (Registered number: 05080301)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Leicester Window Supplies Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: M N Bhagat
M J Clayton





SECRETARY: M J Clayton





REGISTERED OFFICE: 1309 Melton Road
Syston
Leicester
Leicestershire
LE7 2EN





REGISTERED NUMBER: 05080301 (England and Wales)





ACCOUNTANTS: Vaughan Davies & Co (Accountants) Ltd
Unit 1-3, Willow Park
Upton Lane
Stoke Golding
Nuneaton
Warwickshire
CV13 6EU

Leicester Window Supplies Limited (Registered number: 05080301)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 360,142 386,577

CURRENT ASSETS
Debtors 5 776,708 862,902
Cash at bank and in hand 841,703 915,652
1,618,411 1,778,554
CREDITORS
Amounts falling due within one year 6 1,073,372 1,275,706
NET CURRENT ASSETS 545,039 502,848
TOTAL ASSETS LESS CURRENT
LIABILITIES

905,181

889,425

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 905,081 889,325
SHAREHOLDERS' FUNDS 905,181 889,425

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.

Leicester Window Supplies Limited (Registered number: 05080301)

Balance Sheet - continued
31 March 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 3 December 2024 and were signed on its behalf by:





M N Bhagat - Director


Leicester Window Supplies Limited (Registered number: 05080301)

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


1. STATUTORY INFORMATION

Leicester Window Supplies 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 - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on reducing balance

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.

Leicester Window Supplies Limited (Registered number: 05080301)

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 15 (2023 - 14 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 April 2023
and 31 March 2024 242,804 36,982 4,544
DEPRECIATION
At 1 April 2023 - - 1,990
Charge for year - - 511
At 31 March 2024 - - 2,501
NET BOOK VALUE
At 31 March 2024 242,804 36,982 2,043
At 31 March 2023 242,804 36,982 2,554

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023
and 31 March 2024 8,497 219,548 9,195 521,570
DEPRECIATION
At 1 April 2023 7,075 118,016 7,912 134,993
Charge for year 284 25,383 257 26,435
At 31 March 2024 7,359 143,399 8,169 161,428
NET BOOK VALUE
At 31 March 2024 1,138 76,149 1,026 360,142
At 31 March 2023 1,422 101,532 1,283 386,577

Leicester Window Supplies Limited (Registered number: 05080301)

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


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 106,554 167,748
Other debtors 670,154 695,154
776,708 862,902

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 106,154 65,439
Taxation and social security 161,199 115,930
Other creditors 806,019 1,094,337
1,073,372 1,275,706