Company Registration No. 05913198 (England and Wales)
First Glass Windows Limited
Unaudited accounts
for the year ended 31 December 2024
First Glass Windows Limited
Unaudited accounts
Contents
First Glass Windows Limited
Company Information
for the year ended 31 December 2024
Company Number
05913198 (England and Wales)
Registered Office
Unit 4 90 Queensbury Road
Wembley
Middlesex
HA0 1QG
Accountants
RMR Partnership LLP
3rd Floor, Vyman House
104 College Road
Harrow
Middlesex
HA1 1BQ
First Glass Windows Limited
Statement of financial position
as at 31 December 2024
Tangible assets
7,603
7,988
Cash at bank and in hand
91,390
101,103
Creditors: amounts falling due within one year
(30,223)
(45,442)
Net current assets
107,202
125,278
Total assets less current liabilities
114,805
133,266
Creditors: amounts falling due after more than one year
(3,827)
(13,550)
Net assets
110,978
119,716
Called up share capital
3
3
Profit and loss account
110,975
119,713
Shareholders' funds
110,978
119,716
For the year ending 31 December 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 February 2025 and were signed on its behalf by
N L Varsani
Director
Company Registration No. 05913198
First Glass Windows Limited
Notes to the Accounts
for the year ended 31 December 2024
First Glass Windows Limited is a private company, limited by shares, registered in England and Wales, registration number 05913198. The registered office is Unit 4 90 Queensbury Road, Wembley, Middlesex, HA0 1QG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% as per reducing balance method
Fixtures & fittings
20% as per reducing balance method
Computer equipment
20% as per reducing balance method
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
389
181
20,016
20,586
At 31 December 2024
389
181
21,389
21,959
At 1 January 2024
267
122
12,209
12,598
Charge for the year
26
12
1,720
1,758
At 31 December 2024
293
134
13,929
14,356
At 31 December 2024
96
47
7,460
7,603
At 31 December 2023
122
59
7,807
7,988
First Glass Windows Limited
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Trade debtors
44,464
67,653
Accrued income and prepayments
1,146
895
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,340
10,616
Trade creditors
3,160
9,162
Taxes and social security
10,666
18,192
Loans from directors
1,354
261
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).