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REGISTERED NUMBER: 07201642 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

CENTRAL GLASS AND GLAZING LIMITED

CENTRAL GLASS AND GLAZING LIMITED (REGISTERED NUMBER: 07201642)






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


CENTRAL GLASS AND GLAZING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mr P A Whelan
Mrs I M Whelan





SECRETARY: Mrs I M Whelan





REGISTERED OFFICE: 4 Green Lane Business Park
238 Green lane
New Eltham
London
SE9 3TL





REGISTERED NUMBER: 07201642 (England and Wales)





ACCOUNTANTS: Bayar Hughes & Co
Chartered Certified Accountants
4 Green Lane Business Park
238 Green lane
New Eltham
London
SE9 3TL

CENTRAL GLASS AND GLAZING LIMITED (REGISTERED NUMBER: 07201642)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 57,966 45,141
Investments 6 87,488 87,488
145,454 132,629

CURRENT ASSETS
Debtors 7 379,155 341,861
Cash at bank and in hand 900,245 835,241
1,279,400 1,177,102
CREDITORS
Amounts falling due within one year 8 212,413 165,004
NET CURRENT ASSETS 1,066,987 1,012,098
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,212,441

1,144,727

PROVISIONS FOR LIABILITIES 13,436 2,471
NET ASSETS 1,199,005 1,142,256

CAPITAL AND RESERVES
Called up share capital 1,240 1,240
Share premium 938,660 938,660
Retained earnings 259,105 202,356
SHAREHOLDERS' FUNDS 1,199,005 1,142,256

CENTRAL GLASS AND GLAZING LIMITED (REGISTERED NUMBER: 07201642)

BALANCE SHEET - continued
31 MARCH 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 December 2024 and were signed on its behalf by:





Mr P A Whelan - Director


CENTRAL GLASS AND GLAZING LIMITED (REGISTERED NUMBER: 07201642)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Central Glass and Glazing 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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 12 ) .

CENTRAL GLASS AND GLAZING LIMITED (REGISTERED NUMBER: 07201642)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 600,000
AMORTISATION
At 1 April 2023
and 31 March 2024 600,000
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 214,546
Additions 32,146
At 31 March 2024 246,692
DEPRECIATION
At 1 April 2023 169,405
Charge for year 19,321
At 31 March 2024 188,726
NET BOOK VALUE
At 31 March 2024 57,966
At 31 March 2023 45,141

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2023
and 31 March 2024 87,488
NET BOOK VALUE
At 31 March 2024 87,488
At 31 March 2023 87,488

7. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 290,891 236,713
Other debtors 74,866 91,736
365,757 328,449

CENTRAL GLASS AND GLAZING LIMITED (REGISTERED NUMBER: 07201642)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

7. DEBTORS - continued
2024 2023
£    £   
Amounts falling due after more than one year:
Amounts owed by associates 13,398 13,412

Aggregate amounts 379,155 341,861

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 146,107 117,261
Taxation and social security 34,263 4,687
Other creditors 32,043 43,056
212,413 165,004