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REGISTERED NUMBER: 05481160 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2024

FOR

WINDOW REPAIR CENTRE LIMITED

WINDOW REPAIR CENTRE LIMITED (REGISTERED NUMBER: 05481160)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WINDOW REPAIR CENTRE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH JUNE 2024







DIRECTOR: M Hancock





REGISTERED OFFICE: Unit 9 Valley Park
Watermills Road
Chesterton
Staffordshire
ST5 6AT





REGISTERED NUMBER: 05481160 (England and Wales)





ACCOUNTANTS: Hunter Healey Limited
Abacus House
450 Warrington Road
Culcheth
Warrington
Cheshire
WA3 5QX

WINDOW REPAIR CENTRE LIMITED (REGISTERED NUMBER: 05481160)

BALANCE SHEET
30TH JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 141,536 63,280

CURRENT ASSETS
Stocks 58,254 49,188
Debtors 5 21,058 51,491
Cash at bank 490,444 376,514
569,756 477,193
CREDITORS
Amounts falling due within one year 6 527,249 439,155
NET CURRENT ASSETS 42,507 38,038
TOTAL ASSETS LESS CURRENT
LIABILITIES

184,043

101,318

CREDITORS
Amounts falling due after more than
one year

7

-

(7,945

)

PROVISIONS FOR LIABILITIES (35,384 ) (15,820 )
NET ASSETS 148,659 77,553

WINDOW REPAIR CENTRE LIMITED (REGISTERED NUMBER: 05481160)

BALANCE SHEET - continued
30TH JUNE 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 120 100
Retained earnings 148,539 77,453
SHAREHOLDERS' FUNDS 148,659 77,553

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 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 26th February 2025 and were signed by:





M Hancock - Director


WINDOW REPAIR CENTRE LIMITED (REGISTERED NUMBER: 05481160)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2024

1. STATUTORY INFORMATION

Window Repair Centre 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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.


WINDOW REPAIR CENTRE LIMITED (REGISTERED NUMBER: 05481160)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 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
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 23 (2023 - 22 ) .

WINDOW REPAIR CENTRE LIMITED (REGISTERED NUMBER: 05481160)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1st July 2023 4,157 147,382 2,512 154,051
Additions - 125,195 849 126,044
At 30th June 2024 4,157 272,577 3,361 280,095
DEPRECIATION
At 1st July 2023 2,097 87,498 1,176 90,771
Charge for year 515 46,270 1,003 47,788
At 30th June 2024 2,612 133,768 2,179 138,559
NET BOOK VALUE
At 30th June 2024 1,545 138,809 1,182 141,536
At 30th June 2023 2,060 59,884 1,336 63,280

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1st July 2023 62,917
Transfer to ownership (34,135 )
At 30th June 2024 28,782
DEPRECIATION
At 1st July 2023 32,326
Charge for year 4,048
Transfer to ownership (19,734 )
At 30th June 2024 16,640
NET BOOK VALUE
At 30th June 2024 12,142
At 30th June 2023 30,591

WINDOW REPAIR CENTRE LIMITED (REGISTERED NUMBER: 05481160)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2024 2023
£    £   
Trade debtors 1,044 8,642
Other debtors 20,014 42,849
21,058 51,491

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 7,945 11,690
Trade creditors 1,967 11,851
Taxation and social security 168,373 161,344
Other creditors 348,964 254,270
527,249 439,155

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts - 7,945