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REGISTERED NUMBER: 03192528 (England and Wales)















Financial Statements for the Year Ended 30 April 2024

for

ALBION WINDOWS & CONSERVATORIES LIMITED

ALBION WINDOWS & CONSERVATORIES LIMITED (Registered number: 03192528)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ALBION WINDOWS & CONSERVATORIES LIMITED

Company Information
for the Year Ended 30 April 2024







DIRECTORS: J .S ELSE
MRS H ELSE





SECRETARY: MRS H ELSE





REGISTERED OFFICE: 295 LOWER ADDISCOMBE ROAD
CROYDON
Surrey
CR0 6RE





REGISTERED NUMBER: 03192528 (England and Wales)





ACCOUNTANTS: A.B.K ACCOUNTANCY SERVICES
59 ASHEN GROVE
WIMBLEDON PARK
London
SW19 8BL

ALBION WINDOWS & CONSERVATORIES LIMITED (Registered number: 03192528)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 45,800 39,502
Investment property 6 1,135,997 1,135,997
1,181,797 1,175,499

CURRENT ASSETS
Stocks 7 300,566 326,232
Debtors 8 440,825 402,059
Cash at bank and in hand 867,006 599,892
1,608,397 1,328,183
CREDITORS
Amounts falling due within one year 9 575,176 488,244
NET CURRENT ASSETS 1,033,221 839,939
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,215,018

2,015,438

CREDITORS
Amounts falling due after more than one
year

10

343,473

327,566
NET ASSETS 1,871,545 1,687,872

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 1,870,545 1,686,872
SHAREHOLDERS' FUNDS 1,871,545 1,687,872

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.

ALBION WINDOWS & CONSERVATORIES LIMITED (Registered number: 03192528)

Balance Sheet - continued
30 April 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 15 January 2025 and were signed on its behalf by:





J .S ELSE - Director


ALBION WINDOWS & CONSERVATORIES LIMITED (Registered number: 03192528)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

ALBION WINDOWS & CONSERVATORIES 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 5 (2023 - 5 ) .

ALBION WINDOWS & CONSERVATORIES LIMITED (Registered number: 03192528)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 6,000
AMORTISATION
At 1 May 2023
and 30 April 2024 6,000
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 -

5. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 May 2023 336,407 15,768 352,175
Additions 29,000 - 29,000
At 30 April 2024 365,407 15,768 381,175
DEPRECIATION
At 1 May 2023 296,905 15,768 312,673
Charge for year 22,702 - 22,702
At 30 April 2024 319,607 15,768 335,375
NET BOOK VALUE
At 30 April 2024 45,800 - 45,800
At 30 April 2023 39,502 - 39,502

ALBION WINDOWS & CONSERVATORIES LIMITED (Registered number: 03192528)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 May 2023 246,712
Additions 29,000
At 30 April 2024 275,712
DEPRECIATION
At 1 May 2023 233,010
Charge for year 14,101
At 30 April 2024 247,111
NET BOOK VALUE
At 30 April 2024 28,601
At 30 April 2023 13,702

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023
and 30 April 2024 1,135,997
NET BOOK VALUE
At 30 April 2024 1,135,997
At 30 April 2023 1,135,997

7. STOCKS
30.4.24 30.4.23
£    £   
Stock & WIP 103,787 119,446
Work-in-progress 196,779 206,786
300,566 326,232

8. DEBTORS
30.4.24 30.4.23
£    £   
Amounts falling due within one year:
Trade debtors 45,295 66,906
Prepayments 13,408 13,451
58,703 80,357

ALBION WINDOWS & CONSERVATORIES LIMITED (Registered number: 03192528)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

8. DEBTORS - continued
30.4.24 30.4.23
£    £   
Amounts falling due after more than one year:
Amounts recoverable on contract 382,122 321,702

Aggregate amounts 440,825 402,059

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 178,508 144,509
Tax 67,478 56,493
Social security and other taxes 8,786 8,560
VAT 92,230 45,988
Customers deposits 93,786 96,786
Directors' current accounts 92,602 93,056
Accruals 41,786 42,852
575,176 488,244

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans - 2-5 years 21,786 29,779
Investment Liability 259,813 259,813
Hire purchase contracts 61,874 37,974
343,473 327,566

Amounts falling due in more than five years:

Repayable by instalments
Investment Liability 259,813 259,813

11. RELATED PARTY DISCLOSURES

During the year the company paid rent to the directors Mr J.Else and Mrs H.Else amounting to £48000 (2023
£48000)