IRIS Accounts Production v25.1.0.734 04605798 director 1.2.24 31.1.25 31.1.25 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh046057982024-01-31046057982025-01-31046057982024-02-012025-01-31046057982023-01-31046057982023-02-012024-01-31046057982024-01-3104605798ns15:EnglandWales2024-02-012025-01-3104605798ns14:PoundSterling2024-02-012025-01-3104605798ns10:Director12024-02-012025-01-3104605798ns10:PrivateLimitedCompanyLtd2024-02-012025-01-3104605798ns10:SmallEntities2024-02-012025-01-3104605798ns10:AuditExempt-NoAccountantsReport2024-02-012025-01-3104605798ns10:SmallCompaniesRegimeForDirectorsReport2024-02-012025-01-3104605798ns10:SmallCompaniesRegimeForAccounts2024-02-012025-01-3104605798ns10:FullAccounts2024-02-012025-01-3104605798ns10:OrdinaryShareClass12024-02-012025-01-3104605798ns5:CurrentFinancialInstruments2025-01-3104605798ns5:CurrentFinancialInstruments2024-01-3104605798ns5:ShareCapital2025-01-3104605798ns5:ShareCapital2024-01-3104605798ns5:RetainedEarningsAccumulatedLosses2025-01-3104605798ns5:RetainedEarningsAccumulatedLosses2024-01-3104605798ns5:MotorVehicles2024-02-012025-01-3104605798ns5:ComputerEquipment2024-02-012025-01-3104605798ns5:MotorVehicles2024-01-3104605798ns5:ComputerEquipment2024-01-3104605798ns5:MotorVehicles2025-01-3104605798ns5:ComputerEquipment2025-01-3104605798ns5:MotorVehicles2024-01-3104605798ns5:ComputerEquipment2024-01-3104605798ns5:WithinOneYearns5:CurrentFinancialInstruments2025-01-3104605798ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-3104605798ns5:DeferredTaxation2024-01-3104605798ns5:DeferredTaxation2024-02-012025-01-3104605798ns5:DeferredTaxation2025-01-3104605798ns10:OrdinaryShareClass12025-01-31046057981ns10:Director12024-01-31046057981ns10:Director12023-01-31046057981ns10:Director12024-02-012025-01-31046057981ns10:Director12023-02-012024-01-31046057981ns10:Director12025-01-31046057981ns10:Director12024-01-31
REGISTERED NUMBER: 04605798 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

WIMBORNE GLASS LTD

WIMBORNE GLASS LTD (REGISTERED NUMBER: 04605798)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025










Page

Balance sheet 1

Notes to the financial statements 2


WIMBORNE GLASS LTD (REGISTERED NUMBER: 04605798)

BALANCE SHEET
31 JANUARY 2025

2025 2024
Notes £    £    £   
Fixed assets
Tangible assets 4 2,033 2,710

Current assets
Stocks 3,000 3,000
Debtors 5 7,674 1,372
Cash at bank - 3,999
10,674 8,371
Creditors
Amounts falling due within one year 6 12,280 10,548
Net current liabilities (1,606 ) (2,177 )
Total assets less current liabilities 427 533

Provisions for liabilities 7 386 515
Net assets 41 18

Capital and reserves
Called up share capital 8 2 2
Retained earnings 39 16
Shareholders' funds 41 18

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 April 2025 and were signed by:





Mr K Burbidge - Director


WIMBORNE GLASS LTD (REGISTERED NUMBER: 04605798)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025


1. Statutory information

Wimborne Glass Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 04605798. The registered office and business address is Unit 1 Legg Lane, Wimborne, Dorset BH21 1ZX.

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 represents amounts receivable, excluding value added tax, in respect of the sale of goods and services and is recognised when the goods and services have been provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stock and Work In Progress are valued at the lower of cost and net realisable value.

Taxation
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

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.

Financial instruments
Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 1 (2024 - 1 ) .

WIMBORNE GLASS LTD (REGISTERED NUMBER: 04605798)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


4. Tangible fixed assets
Motor Computer
vehicles equipment Totals
£    £    £   
Cost
At 1 February 2024
and 31 January 2025 13,488 764 14,252
Depreciation
At 1 February 2024 11,087 455 11,542
Charge for year 600 77 677
At 31 January 2025 11,687 532 12,219
Net book value
At 31 January 2025 1,801 232 2,033
At 31 January 2024 2,401 309 2,710

5. Debtors: amounts falling due within one year
2025 2024
£    £   
Trade debtors 969 758
Directors' current accounts 6,681 590
Social security and other tax 24 24
7,674 1,372

6. Creditors: amounts falling due within one year
2025 2024
£    £   
Bank loans and overdrafts 676 -
Trade creditors 2,364 1,423
Tax 4,544 4,167
VAT 2,007 2,423
Accruals and deferred income 2,689 2,535
12,280 10,548

7. Provisions for liabilities
2025 2024
£    £   
Deferred tax 386 515

Deferred
tax
£   
Balance at 1 February 2024 515
Credit to Income statement during year (129 )
Balance at 31 January 2025 386

WIMBORNE GLASS LTD (REGISTERED NUMBER: 04605798)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
2 Ordinary £1 2 2

9. Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 January 2025 and 31 January 2024:

2025 2024
£    £   
Mr K Burbidge
Balance outstanding at start of year 590 -
Amounts advanced 34,068 38,177
Amounts repaid (27,977 ) (37,587 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 6,681 590

At the balance sheet date the Director, Mr K Burbidge, owed the company £6,681 (2024: £590). The amount outstanding at the balance sheet date was repaid in full within 9 months of the year end.

10. Ultimate controlling party

The company is controlled by the sole director, Mr K Burbidge, who owns 100% of the voting share capital.