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REGISTERED NUMBER: 03934131 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31st December 2024

for

Siteglass Limited

Siteglass Limited (Registered number: 03934131)






Contents of the Financial Statements
for the Year Ended 31st December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Siteglass Limited

Company Information
for the Year Ended 31st December 2024







DIRECTOR: Mr J W L Roocroft





SECRETARY: Mrs P Roocroft





REGISTERED OFFICE: 186 Eaves Lane
Chorley
Lancashire
PR6 0AU





REGISTERED NUMBER: 03934131 (England and Wales)





ACCOUNTANTS: Stephen Andrews & Co Limited
186 Eaves Lane
Chorley
Lancashire
PR6 0AU

Siteglass Limited (Registered number: 03934131)

Balance Sheet
31st December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 97,126 115,411

CURRENT ASSETS
Stocks 7,012 6,546
Debtors 5 147,198 144,057
Cash at bank 241,268 226,999
395,478 377,602
CREDITORS
Amounts falling due within one year 6 122,750 110,695
NET CURRENT ASSETS 272,728 266,907
TOTAL ASSETS LESS CURRENT
LIABILITIES

369,854

382,318

CAPITAL AND RESERVES
Called up share capital 7 100 100
Share premium 60,000 60,000
Retained earnings 309,754 322,218
SHAREHOLDERS' FUNDS 369,854 382,318

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 11th February 2025 and were signed by:





Mr J W L Roocroft - Director


Siteglass Limited (Registered number: 03934131)

Notes to the Financial Statements
for the Year Ended 31st December 2024

1. STATUTORY INFORMATION

Siteglass 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.

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 - 33% on cost and 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.

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 9 (2023 - 10 ) .

Siteglass Limited (Registered number: 03934131)

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st January 2024 15,025 267,516 282,541
Additions - 14,274 14,274
Disposals - (41,071 ) (41,071 )
At 31st December 2024 15,025 240,719 255,744
DEPRECIATION
At 1st January 2024 - 167,130 167,130
Charge for year - 27,745 27,745
Eliminated on disposal - (36,257 ) (36,257 )
At 31st December 2024 - 158,618 158,618
NET BOOK VALUE
At 31st December 2024 15,025 82,101 97,126
At 31st December 2023 15,025 100,386 115,411

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 147,198 144,057

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 47,409 41,380
Taxation and social security 74,073 67,912
Other creditors 1,268 1,403
122,750 110,695

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
100 Ordinary £1 100 100