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REGISTERED NUMBER: 04449412 (England and Wales)
























Unaudited Financial Statements

for the Year Ended 31 May 2024

for

UPVC Direct Ltd

UPVC Direct Ltd (Registered number: 04449412)






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


UPVC Direct Ltd

Company Information
for the Year Ended 31 May 2024







Director: C Morecroft





Secretary: C Morecroft





Registered office: Winchfield
Graig Penllyn
Cowbridge
Vale of Glamorgan
CF71 7RT





Registered number: 04449412 (England and Wales)





Accountants: Curtis Bowden & Thomas Limited
Chartered Certified Accountants
101 Dunraven Street
Tonypandy
CF40 1AR

UPVC Direct Ltd (Registered number: 04449412)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
Fixed assets
Tangible assets 4 - 40,902
Investments 5 495,799 -
Investment property 6 175,000 -
670,799 40,902

Current assets
Debtors 7 57,199 31,431
Investments 8 - 500,000
Cash at bank 94,728 146,787
151,927 678,218
Creditors
Amounts falling due within one year 9 3,395 7,385
Net current assets 148,532 670,833
Total assets less current liabilities 819,331 711,735

Provisions for liabilities 17,623 -
Net assets 801,708 711,735

Capital and reserves
Called up share capital 1 1
Fair value reserve 10 93,006 -
Retained earnings 708,701 711,734
Shareholders' funds 801,708 711,735

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 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.

UPVC Direct Ltd (Registered number: 04449412)

Balance Sheet - continued
31 May 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 director and authorised for issue on 26 February 2025 and were signed by:





C Morecroft - Director


UPVC Direct Ltd (Registered number: 04449412)

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

1. Statutory information

UPVC Direct Ltd 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 as modified by the revaluation of certain assets.

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.

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 1 (2023 - 1 ) .

4. Tangible fixed assets
Freehold
property
£   
Cost
At 1 June 2023 40,902
Reclassification/transfer (40,902 )
At 31 May 2024 -
Net book value
At 31 May 2024 -
At 31 May 2023 40,902

5. Fixed asset investments
Other
investments
£   
Cost or valuation
Additions 499,768
Revaluations (3,969 )
At 31 May 2024 495,799
Net book value
At 31 May 2024 495,799

UPVC Direct Ltd (Registered number: 04449412)

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

5. Fixed asset investments - continued

Cost or valuation at 31 May 2024 is represented by:

Other
investments
£   
Valuation in 2024 (46,380 )
Cost 542,179
495,799

If fixed asset investments had not been revalued they would have been included at the following historical cost:

31.5.24 31.5.23
£    £   
Cost 542,180 -

Fixed asset investments were valued on a market value basis on 31 May 2024 by Aegon .

6. Investment property
Total
£   
Fair value
Additions 19,500
Revaluations 114,598
Reclassification/transfer 40,902
At 31 May 2024 175,000
Net book value
At 31 May 2024 175,000

Fair value at 31 May 2024 is represented by:
£   
Valuation in 2024 114,598
Cost 60,402
175,000

If Investment Property had not been revalued it would have been included at the following historical cost:

31.5.24 31.5.23
£    £   
Cost 60,402 -

Investment Property was valued on an open market value basis on 31 May 2024 by the director .

UPVC Direct Ltd (Registered number: 04449412)

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

7. Debtors: amounts falling due within one year
31.5.24 31.5.23
£    £   
Trade debtors 9,287 13,917
Other debtors 47,912 17,514
57,199 31,431

8. Current asset investments
31.5.24 31.5.23
£    £   
Aegon Investments - 500,000

9. Creditors: amounts falling due within one year
31.5.24 31.5.23
£    £   
Trade creditors 15,371 6,785
Taxation and social security (11,976 ) 600
3,395 7,385

10. Reserves
Fair
value
reserve
£   
Reserve transfer 93,006

At 31 May 2024 93,006

11. Director's advances, credits and guarantees

Included in other debtors is an amount due from the director amounting to £43,297. This loan is interest free and repayable within 9 months

12. Ultimate controlling party

The ultimate controlling party is Mr C.Morecroft by virtue of his 100% shareholding in the company.