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REGISTERED NUMBER: SC646925 (Scotland)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

CLEARVIEW PVCU WINDOWS & DOORS LIMITED

CLEARVIEW PVCU WINDOWS & DOORS LIMITED (REGISTERED NUMBER: SC646925)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 6

CLEARVIEW PVCU WINDOWS & DOORS LIMITED

COMPANY INFORMATION
for the Year Ended 30 November 2024







DIRECTOR: Ms D A Muirhead





REGISTERED OFFICE: The Shore Porters Society
1 Baltic Place
Aberdeen
AB11 5EW





REGISTERED NUMBER: SC646925 (Scotland)





ACCOUNTANTS: Acumen Accountants and Advisors Limited
Unit 1, Office 1 & 8
Blackhall Industrial Estate
Burghmuir Circle
Inverurie
Aberdeenshire
AB51 4FS

CLEARVIEW PVCU WINDOWS & DOORS LIMITED (REGISTERED NUMBER: SC646925)

STATEMENT OF FINANCIAL POSITION
30 November 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 22,612 30,370

CURRENT ASSETS
Stocks 550 500
Debtors 6 11,935 6,860
Cash at bank 43,986 53,423
56,471 60,783
CREDITORS
Amounts falling due within one year 7 62,261 60,390
NET CURRENT (LIABILITIES)/ASSETS (5,790 ) 393
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,822

30,763

CREDITORS
Amounts falling due after more than one year 8 (12,524 ) (19,283 )

PROVISIONS FOR LIABILITIES (4,296 ) (5,770 )
NET ASSETS 2 5,710

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 1 5,709
SHAREHOLDERS' FUNDS 2 5,710

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 17 March 2025 and were signed by:





Ms D A Muirhead - Director


CLEARVIEW PVCU WINDOWS & DOORS LIMITED (REGISTERED NUMBER: SC646925)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Clearview PVCU Windows & Doors Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is stated net of VAT and trade discounts. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due.

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.
Motor vehicles - 25% reducing balance
Computer equipment - 33% on cost

The assets' residual values and useful lives are reviewed and adjusted, if appropriate, at the end of each reporting period. The effect of any change is accounted for prospectively.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

CLEARVIEW PVCU WINDOWS & DOORS LIMITED (REGISTERED NUMBER: SC646925)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 November 2024

3. ACCOUNTING POLICIES - continued

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.

Financial instruments
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Basic financial assets
Basic financial assets, which include trade and other debtors and cash and bank balances are measured at transaction price including transaction costs.
Financial assets are derecognised when the contractual rights to cash flows from the asset expire or are settled or when the company transfers the risks and rewards of ownership to another entity.

Basic financial liabilities
Basic financial liabilities, which include trade and other creditors and bank loans are recognised at transaction price.
Financial liabilities are derecognised when the company's contractual obligations are discharged.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

5. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 December 2023
and 30 November 2024 43,395 930 44,325
DEPRECIATION
At 1 December 2023 13,246 709 13,955
Charge for year 7,537 221 7,758
At 30 November 2024 20,783 930 21,713
NET BOOK VALUE
At 30 November 2024 22,612 - 22,612
At 30 November 2023 30,149 221 30,370

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 December 2023
and 30 November 2024 39,495
DEPRECIATION
At 1 December 2023 10,280
Charge for year 7,304
At 30 November 2024 17,584
NET BOOK VALUE
At 30 November 2024 21,911
At 30 November 2023 29,215

CLEARVIEW PVCU WINDOWS & DOORS LIMITED (REGISTERED NUMBER: SC646925)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 November 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 750 5,360
Directors' current accounts 3,546 -
VAT - 254
Prepayments 7,639 1,246
11,935 6,860

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 7,041 6,286
Trade creditors 38,908 27,623
Tax 1,763 5,560
Social security and other taxes 11,420 (1,823 )
VAT 2,300 -
Other creditors 829 2,751
Directors' current accounts - 19,993
62,261 60,390

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 12,524 19,283

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2024 and 30 November 2023:

2024 2023
£    £   
Ms D A Muirhead
Balance outstanding at start of year (19,993 ) (14,463 )
Amounts advanced 29,461 -
Amounts repaid (5,922 ) (5,530 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 3,546 (19,993 )

These amounts bear no interest and have no fixed repayment terms.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Ms D A Muirhead.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
CLEARVIEW PVCU WINDOWS & DOORS LIMITED (REGISTERED NUMBER: SC646925)

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Clearview PVCU Windows & Doors Limited for the year ended 30 November 2024 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Clearview PVCU Windows & Doors Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Clearview PVCU Windows & Doors Limited and state those matters that we have agreed to state to the director of Clearview PVCU Windows & Doors Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Clearview PVCU Windows & Doors Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Clearview PVCU Windows & Doors Limited. You consider that Clearview PVCU Windows & Doors Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Clearview PVCU Windows & Doors Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Acumen Accountants and Advisors Limited
Unit 1, Office 1 & 8
Blackhall Industrial Estate
Burghmuir Circle
Inverurie
Aberdeenshire
AB51 4FS


17 March 2025