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REGISTERED NUMBER: 04176561 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

POULTON TRADE WINDOWS LIMITED

POULTON TRADE WINDOWS LIMITED (REGISTERED NUMBER: 04176561)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


POULTON TRADE WINDOWS LIMITED

COMPANY INFORMATION
for the Year Ended 30 April 2024







DIRECTORS: Mr T W Newton
Mrs K M Newton
Mr G D Rowe
Mrs. J Rowe
Mr L A Boyes





SECRETARY: Mrs. J Rowe





REGISTERED OFFICE: 5 Crescent East
Thornton Cleveleys
Lancashire
FY5 3LJ





REGISTERED NUMBER: 04176561 (England and Wales)





ACCOUNTANTS: ma2 Limited
Chartered Accountants
5 Crescent East
Thornton Cleveleys
Lancashire
FY5 3LJ

POULTON TRADE WINDOWS LIMITED (REGISTERED NUMBER: 04176561)

BALANCE SHEET
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,837 1,039

CURRENT ASSETS
Stocks 5 35,000 30,000
Debtors 6 475,405 501,326
Cash at bank 385,139 320,121
895,544 851,447
CREDITORS
Amounts falling due within one year 7 95,430 103,918
NET CURRENT ASSETS 800,114 747,529
TOTAL ASSETS LESS CURRENT
LIABILITIES

803,951

748,568

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 803,851 748,468
SHAREHOLDERS' FUNDS 803,951 748,568

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 14 January 2025 and were signed on its behalf by:





Mr G D Rowe - Director


POULTON TRADE WINDOWS LIMITED (REGISTERED NUMBER: 04176561)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024


1. STATUTORY INFORMATION

Poulton Trade Windows 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 represents the value of work done for third parties, excluding value added tax.

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 cost
Fixtures and fittings - 20% on cost
Motor vehicles - 20% on cost
Computer equipment - 25% on cost

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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 14 ) .

POULTON TRADE WINDOWS LIMITED (REGISTERED NUMBER: 04176561)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 May 2023 51,682 3,319 15,000 8,380 78,381
Additions 447 - - 3,459 3,906
At 30 April 2024 52,129 3,319 15,000 11,839 82,287
DEPRECIATION
At 1 May 2023 51,538 3,319 15,000 7,485 77,342
Charge for year 118 - - 990 1,108
At 30 April 2024 51,656 3,319 15,000 8,475 78,450
NET BOOK VALUE
At 30 April 2024 473 - - 3,364 3,837
At 30 April 2023 144 - - 895 1,039

5. STOCKS
2024 2023
£    £   
Stocks 35,000 30,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 47,497 17,328
Amounts owed by group undertakings 28,570 -
Amount due from associated company 397,952 457,952
Directors' current accounts - 24,780
Prepayments 1,386 1,266
475,405 501,326

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 42,440 48,775
Tax 32,683 33,944
Social security and other taxes 723 1,467
Pensions 186 260
VAT 15,978 16,822
Directors' current accounts 580 -
Accrued expenses 2,840 2,650
95,430 103,918

POULTON TRADE WINDOWS LIMITED (REGISTERED NUMBER: 04176561)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024


8. RELATED PARTY DISCLOSURES

The company provides a loan to Poulton Property Developments Limited, a company under common control. The amount outstanding at 30th April 2024 was £397,952 (2023 : £457,952). There is no interest charged and no fixed repayment terms.

The company occupied premises owned by Poulton Property Developments Limited, for which it paid rent amounting to £18,000 (2023- £18,000). There is no formal lease agreement in place.