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REGISTERED NUMBER: 11437212 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

BLINDS IN GLASS GROUP LTD

BLINDS IN GLASS GROUP LTD (REGISTERED NUMBER: 11437212)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BLINDS IN GLASS GROUP LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: Mrs J Woolley
Mr I Woolley





SECRETARY: Mr I Woolley





REGISTERED OFFICE: Gethin House
36 Bond Street
Nuneaton
CV11 4DA





REGISTERED NUMBER: 11437212 (England and Wales)





ACCOUNTANTS: Armstrongs Bishop Simmons
Chartered Accountants and Tax Advisors
Gethin House
36 Bond Street
Nuneaton
Warwickshire
CV11 4DA

BLINDS IN GLASS GROUP LTD (REGISTERED NUMBER: 11437212)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 4,378 4,925
Tangible assets 5 64,661 59,067
69,039 63,992

CURRENT ASSETS
Stocks 3,430 6,403
Debtors 6 110,531 208,539
Cash at bank 98,391 29,524
212,352 244,466
CREDITORS
Amounts falling due within one year 7 160,966 168,094
NET CURRENT ASSETS 51,386 76,372
TOTAL ASSETS LESS CURRENT
LIABILITIES

120,425

140,364

CREDITORS
Amounts falling due after more than one
year

8

(34,836

)

(37,361

)

PROVISIONS FOR LIABILITIES (12,286 ) (14,053 )
NET ASSETS 73,303 88,950

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 73,299 88,946
SHAREHOLDERS' FUNDS 73,303 88,950

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

BLINDS IN GLASS GROUP LTD (REGISTERED NUMBER: 11437212)

BALANCE SHEET - continued
31 DECEMBER 2024


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 Board of Directors and authorised for issue on 21 March 2025 and were signed on its behalf by:




Mr I Woolley - Director



Mrs J Woolley - Director


BLINDS IN GLASS GROUP LTD (REGISTERED NUMBER: 11437212)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Blinds In Glass Group Ltd 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.

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


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 net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Sale of goods

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on dispatch of the goods.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of ten years.

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.
Leasehold improvements - 25% on cost
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 33% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

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.


BLINDS IN GLASS GROUP LTD (REGISTERED NUMBER: 11437212)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 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 4 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2024
and 31 December 2024 5,472
AMORTISATION
At 1 January 2024 547
Charge for year 547
At 31 December 2024 1,094
NET BOOK VALUE
At 31 December 2024 4,378
At 31 December 2023 4,925

BLINDS IN GLASS GROUP LTD (REGISTERED NUMBER: 11437212)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Leasehold Plant and and
improvements machinery fittings
£    £    £   
COST
At 1 January 2024 2,462 4,062 4,883
Additions - 796 1,352
At 31 December 2024 2,462 4,858 6,235
DEPRECIATION
At 1 January 2024 615 1,443 3,185
Charge for year 616 583 1,471
At 31 December 2024 1,231 2,026 4,656
NET BOOK VALUE
At 31 December 2024 1,231 2,832 1,579
At 31 December 2023 1,847 2,619 1,698

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2024 96,790 8,976 117,173
Additions 23,990 611 26,749
At 31 December 2024 120,780 9,587 143,922
DEPRECIATION
At 1 January 2024 45,911 6,952 58,106
Charge for year 16,718 1,767 21,155
At 31 December 2024 62,629 8,719 79,261
NET BOOK VALUE
At 31 December 2024 58,151 868 64,661
At 31 December 2023 50,879 2,024 59,067

BLINDS IN GLASS GROUP LTD (REGISTERED NUMBER: 11437212)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 January 2024 93,790
Additions 23,990
At 31 December 2024 117,780
DEPRECIATION
At 1 January 2024 44,388
Charge for year 16,349
At 31 December 2024 60,737
NET BOOK VALUE
At 31 December 2024 57,043
At 31 December 2023 49,402

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 9,367 95,202
Amounts owed by group undertakings 90,249 99,171
Other debtors 10,915 14,166
110,531 208,539

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 22,460 21,105
Trade creditors 115,869 91,654
Taxation and social security 15,781 19,874
Other creditors 6,856 35,461
160,966 168,094

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 34,836 37,361

9. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.