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REGISTERED NUMBER: 05181525 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

N & P WINDOWS (WIRRAL) LTD

N & P WINDOWS (WIRRAL) LTD (REGISTERED NUMBER: 05181525)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 7

N & P WINDOWS (WIRRAL) LTD

Company Information
for the Year Ended 31 July 2024







DIRECTORS: Mr P J Hardman
Mr N C Hardman





SECRETARY: Mr P J Hardman





REGISTERED OFFICE: Enterprise House
The Courtyard
Old Courthouse Road
Bromborough
Wirral
CH62 4UE





REGISTERED NUMBER: 05181525 (England and Wales)





ACCOUNTANTS: LBW Chartered Accountants
Enterprise House
The Courtyard
Old Courthouse Road
Bromborough
Merseyside
CH62 4UE

N & P WINDOWS (WIRRAL) LTD (REGISTERED NUMBER: 05181525)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 436,500 436,500
Tangible assets 5 90,816 100,499
527,316 536,999

CURRENT ASSETS
Stocks 18,042 21,057
Debtors 6 10,716 23,418
Cash at bank and in hand 4,045 26,684
32,803 71,159
CREDITORS
Amounts falling due within one year 7 156,501 164,094
NET CURRENT LIABILITIES (123,698 ) (92,935 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

403,618

444,064

CREDITORS
Amounts falling due after more than one
year

8

110,757

173,192
NET ASSETS 292,861 270,872

CAPITAL AND RESERVES
Called up share capital 10 6 6
Retained earnings 11 292,855 270,866
SHAREHOLDERS' FUNDS 292,861 270,872

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

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 7 April 2025 and were signed on its behalf by:




Mr N C Hardman - Director


N & P WINDOWS (WIRRAL) LTD (REGISTERED NUMBER: 05181525)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

N & P Windows (Wirral) 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.

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.

The directors consider that it is appropriate to prepare the financial statements on a going concern basis, due to the continued support of the directors through their loan accounts.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill has not been amortised as required by FRS102.

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.

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.
Plant and machinery etc - 25% on reducing balance and 10% on reducing balance pro rata

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 balance sheet date.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2023 - 20 ) .

N & P WINDOWS (WIRRAL) LTD (REGISTERED NUMBER: 05181525)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 July 2024 485,000
AMORTISATION
At 1 August 2023
and 31 July 2024 48,500
NET BOOK VALUE
At 31 July 2024 436,500
At 31 July 2023 436,500

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 197,369
Additions 5,684
At 31 July 2024 203,053
DEPRECIATION
At 1 August 2023 96,870
Charge for year 15,367
At 31 July 2024 112,237
NET BOOK VALUE
At 31 July 2024 90,816
At 31 July 2023 100,499

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 August 2023
and 31 July 2024 79,145
DEPRECIATION
At 1 August 2023 4,617
Charge for year 7,453
At 31 July 2024 12,070
NET BOOK VALUE
At 31 July 2024 67,075
At 31 July 2023 74,528

N & P WINDOWS (WIRRAL) LTD (REGISTERED NUMBER: 05181525)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 10,716 23,418

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 8,548 8,548
Trade creditors 20,166 30,221
Taxation and social security 28,832 29,822
Other creditors 88,955 85,503
156,501 164,094

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans 8,333 18,333
Hire purchase contracts 42,062 50,610
Other creditors 60,362 104,249
110,757 173,192

9. SECURED DEBTS

The following secured debts are included within creditors:

31.7.24 31.7.23
£    £   
Hire purchase contracts 50,610 59,158

The bank overdraft is secured by a debenture over the assets of the company.

The hire purchase creditor is secured on the individual asset concerned.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
6 Ordinary 1 6 6

11. RESERVES
Retained
earnings
£   

At 1 August 2023 270,866
Profit for the year 21,989
At 31 July 2024 292,855

N & P WINDOWS (WIRRAL) LTD (REGISTERED NUMBER: 05181525)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year under review the directors have continued to support the company through their loan accounts created upon the incorporation of their previous business a partnership trading under the name N & P Windows. These amounts are included in long term other creditors as the directors do not intend to withdraw their support for the foreseeable future, no interest has been charged on these loans.

DIRECTOR31.07.2431.07.23
£ £

P J Hardman29,61051,553
N C Hardman30,75252,695



13. ULTIMATE CONTROLLING PARTY

In the opinion of the directors there is no ultimate controlling party.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
N & P Windows (Wirral) LTD

The following reproduces the text of the report prepared for the directors 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 Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors 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 N & P Windows (Wirral) LTD for the year ended 31 July 2024 which comprise the Income Statement, Balance Sheet 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of N & P Windows (Wirral) LTD, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of N & P Windows (Wirral) LTD and state those matters that we have agreed to state to the Board of Directors of N & P Windows (Wirral) LTD, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than N & P Windows (Wirral) LTD and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that N & P Windows (Wirral) LTD 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 profit of N & P Windows (Wirral) LTD. You consider that N & P Windows (Wirral) LTD 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 N & P Windows (Wirral) LTD. 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.






LBW Chartered Accountants
Enterprise House
The Courtyard
Old Courthouse Road
Bromborough
Merseyside
CH62 4UE


Date: .............................................