Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-302023-05-01falsedesigning custom made windowsfalse87trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 02808336 2023-05-01 2024-04-30 02808336 2022-05-01 2023-04-30 02808336 2024-04-30 02808336 2023-04-30 02808336 c:Director1 2023-05-01 2024-04-30 02808336 d:Buildings 2023-05-01 2024-04-30 02808336 d:Buildings 2024-04-30 02808336 d:Buildings 2023-04-30 02808336 d:Buildings d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 02808336 d:MotorVehicles 2023-05-01 2024-04-30 02808336 d:MotorVehicles 2024-04-30 02808336 d:MotorVehicles 2023-04-30 02808336 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 02808336 d:OfficeEquipment 2023-05-01 2024-04-30 02808336 d:OfficeEquipment 2024-04-30 02808336 d:OfficeEquipment 2023-04-30 02808336 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 02808336 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 02808336 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-30 02808336 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-04-30 02808336 d:CopyrightsPatentsTrademarksServiceOperatingRights 2023-05-01 2024-04-30 02808336 d:CurrentFinancialInstruments 2024-04-30 02808336 d:CurrentFinancialInstruments 2023-04-30 02808336 d:Non-currentFinancialInstruments 2024-04-30 02808336 d:Non-currentFinancialInstruments 2023-04-30 02808336 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 02808336 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 02808336 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 02808336 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 02808336 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-04-30 02808336 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-04-30 02808336 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-04-30 02808336 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-04-30 02808336 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-04-30 02808336 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-04-30 02808336 d:ShareCapital 2024-04-30 02808336 d:ShareCapital 2023-04-30 02808336 d:SharePremium 2024-04-30 02808336 d:SharePremium 2023-04-30 02808336 d:RetainedEarningsAccumulatedLosses 2024-04-30 02808336 d:RetainedEarningsAccumulatedLosses 2023-04-30 02808336 c:FRS102 2023-05-01 2024-04-30 02808336 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 02808336 c:FullAccounts 2023-05-01 2024-04-30 02808336 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 02808336 2 2023-05-01 2024-04-30 02808336 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 02808336









TRADEMARK WINDOWS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
TRADEMARK WINDOWS LIMITED
REGISTERED NUMBER: 02808336

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
43,949
54,528

  
43,949
54,528

Current assets
  

Stocks
  
57,690
31,774

Debtors: amounts falling due within one year
 6 
115,851
201,637

Cash at bank and in hand
 7 
186,284
226,298

  
359,825
459,709

Creditors: amounts falling due within one year
 8 
(272,822)
(383,373)

Net current assets
  
 
 
87,003
 
 
76,336

Total assets less current liabilities
  
130,952
130,864

Creditors: amounts falling due after more than one year
 9 
(94,423)
(113,899)

  

Net assets
  
36,529
16,965

Page 1

 
TRADEMARK WINDOWS LIMITED
REGISTERED NUMBER: 02808336
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024

2024
2023
£
£

Capital and reserves
  

Called up share capital 
  
200,101
200,101

Share premium account
  
64,999
64,999

Profit and loss account
  
(228,571)
(248,135)

  
36,529
16,965


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
M A Ashwell
Director

Date: 28 January 2025

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
TRADEMARK WINDOWS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

TradeMark Windows Limited ("the Company") is a company incorporated in the United Kingdom under the Companies Act.
The Company is a private company limited by shares and is registered in England and Wales. The address of the registered office is: Unit 20, Headley Park 10, Headley Road East, Woodley, Reading, RG5 4SW.
The Company's functional and presentational currency is GBP and the financial statements are rounded to the nearest £.
The principal activity of the company in the year under review was that of designing custom made windows, doors and conservatories for sales to installation firms.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured
Page 3

 
TRADEMARK WINDOWS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)


2.2
Revenue (continued)

reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.8

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 The estimated useful lives range as follows:

Customer lists
-
10
years

Page 4

 
TRADEMARK WINDOWS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.9

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

The estimated useful lives range as follows:

Showroom
-
10 years
Motor vehicles
-
4 years
Office equipment
-
4-10 years

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.10

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.11

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.12

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.13

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 5

 
TRADEMARK WINDOWS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 8 (2023 - 7).


4.


Intangible assets




Franchise & Customer List

£



Cost


At 1 May 2023
44,750



At 30 April 2024

44,750



Amortisation


At 1 May 2023
44,750



At 30 April 2024

44,750



Net book value



At 30 April 2024
-



At 30 April 2023
-



Page 6

 
TRADEMARK WINDOWS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.


Tangible fixed assets





Showroom
Motor vehicles
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 May 2023
36,130
55,750
16,901
108,781


Additions
20,657
-
-
20,657


Disposals
-
(33,750)
-
(33,750)



At 30 April 2024

56,787
22,000
16,901
95,688



Depreciation


At 1 May 2023
23,295
15,674
15,284
54,253


Charge for the year on owned assets
3,721
5,500
1,273
10,494


Disposals
-
(13,008)
-
(13,008)



At 30 April 2024

27,016
8,166
16,557
51,739



Net book value



At 30 April 2024
29,771
13,834
344
43,949



At 30 April 2023
12,835
40,076
1,617
54,528


6.


Debtors

2024
2023
£
£


Trade debtors
71,190
149,576

Other debtors
18,306
18,306

Prepayments and accrued income
26,355
33,755

115,851
201,637


Page 7

 
TRADEMARK WINDOWS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
186,284
226,298

186,284
226,298



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
22,042
24,737

Trade creditors
164,946
268,270

Other taxation and social security
85,077
89,018

Other creditors
757
1,348

272,822
383,373


Details of security provided:
National Westminster Bank Plc hold a specific equitable charge over all freehold and leasehold properties and/or the proceeds of sale thereof fixed and floating charges over undertaking and all property and assets present and future including goodwill, book debts and the benefits of any licences.


9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
94,423
113,899


Page 8

 
TRADEMARK WINDOWS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

10.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
22,042
24,737

Amounts falling due 1-2 years

Bank loans
23,918
24,737

Amounts falling due 2-5 years

Bank loans
50,729
55,679

Amounts falling due after more than 5 years

Bank loans
19,776
33,483

116,465
138,636



11.


Pension commitments

The Company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company  to the fund and amounted to £20,868 (2023 - £22,450). Contributions totalling £757 (2023 - £1,348) were payable to the fund at the balance sheet date and are included in creditors.

 
Page 9