THE GREAT BRITISH AWNING & BLIND CO LTD

Company Registration Number:
12825197 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

THE GREAT BRITISH AWNING & BLIND CO LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

THE GREAT BRITISH AWNING & BLIND CO LTD

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 42,162 73,032
Total fixed assets: 42,162 73,032
Current assets
Stocks: 62,421 76,880
Debtors:   64,345 31,118
Cash at bank and in hand: 159,720 142,184
Total current assets: 286,486 250,182
Creditors: amounts falling due within one year: 4 (272,435) (264,569)
Net current assets (liabilities): 14,051 (14,387)
Total assets less current liabilities: 56,213 58,645
Total net assets (liabilities): 56,213 58,645
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 56,113 58,545
Shareholders funds: 56,213 58,645

The notes form part of these financial statements

THE GREAT BRITISH AWNING & BLIND CO LTD

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 27 December 2024
and signed on behalf of the board by:

Name: K Lawrence
Status: Director

The notes form part of these financial statements

THE GREAT BRITISH AWNING & BLIND CO LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the invoiced value of goods and services supplied by the Company, net of Value Added Tax.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over the expected useful life as follows: Motor vehicles: 15% reducing balance basis Office equipment: 15% reducing balance basis Plant and equipment: 15% reducing balance basis Fixtures, fittings and equipment: 15% reducing balance basis

Valuation and information policy

Stock and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Other accounting policies

Deferred Taxation. Provision is made for taxation deferred as a result of material timing differences between the incidence of income and expenditure for accounts and taxation purposes, using the liability method, only to the extent that in the opinion of the directors there is a reasonable probability that a liability or asset will crystallise in the near future.

THE GREAT BRITISH AWNING & BLIND CO LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 11 12

THE GREAT BRITISH AWNING & BLIND CO LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 97,702
Additions 2,658
Disposals (42,350)
At 31 March 2024 58,010
Depreciation
At 01 April 2023 24,670
Charge for year 7,938
On disposals (16,760)
At 31 March 2024 15,848
Net book value
At 31 March 2024 42,162
At 31 March 2023 73,032

THE GREAT BRITISH AWNING & BLIND CO LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Creditors: amounts falling due within one year note

2024: Trade creditors: £50,484 Amounts owed to associated company: £42,192 Other creditors: £179,759 Total: £272,435 2023: Trade creditors: £36,685 Amounts owed to associated company: £42,192 Other creditors: £185,692 Total: £264,569