IRIS Accounts Production v24.2.0.383 03079076 Board of Directors 1.6.23 31.5.24 31.5.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh030790762023-05-31030790762024-05-31030790762023-06-012024-05-31030790762022-05-31030790762022-06-012023-05-31030790762023-05-3103079076ns15:EnglandWales2023-06-012024-05-3103079076ns14:PoundSterling2023-06-012024-05-3103079076ns10:Director12023-06-012024-05-3103079076ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3103079076ns10:SmallEntities2023-06-012024-05-3103079076ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3103079076ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3103079076ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3103079076ns10:FullAccounts2023-06-012024-05-3103079076ns10:Director22023-06-012024-05-3103079076ns10:Director32023-06-012024-05-3103079076ns10:Director42023-06-012024-05-3103079076ns10:RegisteredOffice2023-06-012024-05-3103079076ns5:CurrentFinancialInstruments2024-05-3103079076ns5:CurrentFinancialInstruments2023-05-3103079076ns5:Non-currentFinancialInstruments2024-05-3103079076ns5:Non-currentFinancialInstruments2023-05-3103079076ns5:ShareCapital2024-05-3103079076ns5:ShareCapital2023-05-3103079076ns5:RetainedEarningsAccumulatedLosses2024-05-3103079076ns5:RetainedEarningsAccumulatedLosses2023-05-3103079076ns5:PlantMachinery2023-06-012024-05-3103079076ns5:FurnitureFittings2023-06-012024-05-3103079076ns5:MotorVehicles2023-06-012024-05-3103079076ns5:PlantMachinery2023-05-3103079076ns5:FurnitureFittings2023-05-3103079076ns5:MotorVehicles2023-05-3103079076ns5:PlantMachinery2024-05-3103079076ns5:FurnitureFittings2024-05-3103079076ns5:MotorVehicles2024-05-3103079076ns5:PlantMachinery2023-05-3103079076ns5:FurnitureFittings2023-05-3103079076ns5:MotorVehicles2023-05-3103079076ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-05-3103079076ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-31
REGISTERED NUMBER: 03079076 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 May 2024

for

New Look Windows Limited

New Look Windows Limited (Registered number: 03079076)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


New Look Windows Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: W Lopacki
A D Parker
T Shires
C Williams





REGISTERED OFFICE: 2 Heap Bridge
Bury
Lancashire
BL9 7HR





REGISTERED NUMBER: 03079076 (England and Wales)





ACCOUNTANTS: Thompson Jones Business Solutions Limited
2 Heap Bridge
Bury
Lancashire
BL9 7HR

New Look Windows Limited (Registered number: 03079076)

Balance Sheet
31 May 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 261,120 155,407

CURRENT ASSETS
Stocks 184,915 177,197
Debtors 5 856,067 1,203,117
Cash at bank 547,878 397,705
1,588,860 1,778,019
CREDITORS
Amounts falling due within one year 6 (911,682 ) (830,082 )
NET CURRENT ASSETS 677,178 947,937
TOTAL ASSETS LESS CURRENT
LIABILITIES

938,298

1,103,344

CREDITORS
Amounts falling due after more than one
year

7

(102,440

)

(77,502

)

PROVISIONS FOR LIABILITIES (49,600 ) (29,500 )
NET ASSETS 786,258 996,342

CAPITAL AND RESERVES
Called up share capital 4 2
Retained earnings 786,254 996,340
SHAREHOLDERS' FUNDS 786,258 996,342

New Look Windows Limited (Registered number: 03079076)

Balance Sheet - continued
31 May 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 November 2024 and were signed on its behalf by:





W Lopacki - Director


New Look Windows Limited (Registered number: 03079076)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Heap Bridge
Bury
Lancashire
BL9 7HR

The principal place of business is:
Unit A
Rochdale Central Industrial Estate
Norman Road
Rochdale
Lancashire
OL11 4HS

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.

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 - 10% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 25% on reducing balance

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.


New Look Windows Limited (Registered number: 03079076)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

2. ACCOUNTING POLICIES - continued
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 40 (2023 - 32 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 June 2023 61,629 5,091 230,985 297,705
Additions - - 182,015 182,015
Disposals - - (71,037 ) (71,037 )
At 31 May 2024 61,629 5,091 341,963 408,683
DEPRECIATION
At 1 June 2023 28,325 3,547 110,426 142,298
Charge for year 3,330 1,278 59,085 63,693
Eliminated on disposal - - (58,428 ) (58,428 )
At 31 May 2024 31,655 4,825 111,083 147,563
NET BOOK VALUE
At 31 May 2024 29,974 266 230,880 261,120
At 31 May 2023 33,304 1,544 120,559 155,407

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 753,673 1,055,795
Amounts owed by group undertakings 900 -
Other debtors 101,494 147,322
856,067 1,203,117

New Look Windows Limited (Registered number: 03079076)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 105,972 28,686
Trade creditors 540,190 550,898
Taxation and social security 156,470 140,419
Other creditors 99,050 100,079
911,682 830,082

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 12,497 22,497
Hire purchase contracts 89,943 55,005
102,440 77,502