MASTERFITTER WINDOWS LTD

Company Registration Number:
12091022 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 1 August 2023

End date: 31 July 2024

MASTERFITTER WINDOWS LTD

Contents of the Financial Statements

for the Period Ended 31 July 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

MASTERFITTER WINDOWS LTD

Directors' report period ended 31 July 2024

The directors present their report with the financial statements of the company for the period ended 31 July 2024

Directors

The director shown below has held office during the whole of the period from
1 August 2023 to 31 July 2024

Arron Clegg


Secretary Arron Clegg

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
22 April 2025

And signed on behalf of the board by:
Name: Arron Clegg
Status: Secretary

MASTERFITTER WINDOWS LTD

Profit And Loss Account

for the Period Ended 31 July 2024

2024 2023


£

£
Turnover: 758,586 225,029
Cost of sales: ( 527,342 ) ( 145,014 )
Gross profit(or loss): 231,244 80,015
Distribution costs: ( 45,096 ) ( 12,388 )
Administrative expenses: ( 47,674 ) ( 29,901 )
Operating profit(or loss): 138,474 37,726
Interest payable and similar charges: ( 1,997 ) ( 1,997 )
Profit(or loss) before tax: 136,477 35,729
Tax: ( 13,772 ) ( 1,769 )
Profit(or loss) for the financial year: 122,705 33,960

MASTERFITTER WINDOWS LTD

Balance sheet

As at 31 July 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 85,992 19,556
Total fixed assets: 85,992 19,556
Current assets
Debtors: 4 33,622
Cash at bank and in hand: 70,687 56,801
Total current assets: 104,309 56,801
Creditors: amounts falling due within one year: 5 ( 62,850 ) ( 38,611 )
Net current assets (liabilities): 41,459 18,190
Total assets less current liabilities: 127,451 37,746
Total net assets (liabilities): 127,451 37,746
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 127,450 37,745
Total Shareholders' funds: 127,451 37,746

The notes form part of these financial statements

MASTERFITTER WINDOWS LTD

Balance sheet statements

For the year ending 31 July 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 22 April 2025
and signed on behalf of the board by:

Name: Arron Clegg
Status: Director

The notes form part of these financial statements

MASTERFITTER WINDOWS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents the invoiced value of goods and services supplied by the Company, net of value added tax and trade discounts.

    Tangible fixed assets depreciation policy

    Depreciation has been provided at the following rates in order to write off assts over their estimated useful lives. Commercial vehicles and plant 18%

    Other accounting policies

    The accounts have been prepared under the historical cost convention and in accordance with FRS 102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

MASTERFITTER WINDOWS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

MASTERFITTER WINDOWS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2023 41,489 41,489
Additions 85,400 85,400
Disposals
Revaluations
Transfers
At 31 July 2024 126,889 126,889
Depreciation
At 1 August 2023 21,933 21,933
Charge for year 18,964 18,964
On disposals
Other adjustments
At 31 July 2024 40,897 40,897
Net book value
At 31 July 2024 85,992 85,992
At 31 July 2023 19,556 19,556

MASTERFITTER WINDOWS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Debtors

2024 2023
£ £
Other debtors 33,622
Total 33,622

MASTERFITTER WINDOWS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 18,132 24,532
Trade creditors 30,946 7,739
Taxation and social security 13,772 6,340
Total 62,850 38,611