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REGISTERED NUMBER: 07318644 (England and Wales)










Financial Statements

for the Year Ended 31 July 2024

for

Ael Glazing Ltd

Ael Glazing Ltd (Registered number: 07318644)






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

Report of the Accountants 5

Ael Glazing Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTOR: G M Phillips





SECRETARY: T S Walker





REGISTERED OFFICE: Unit 6c Peel Road
West Pimbo Industrial Estate
Skelmersdale
Lancashire
WN8 9PT





REGISTERED NUMBER: 07318644 (England and Wales)





ACCOUNTANTS: John Greenall & Co Limited
20 Crewe Road
Sandbach
Cheshire
CW11 4NE

Ael Glazing Ltd (Registered number: 07318644)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £   
CURRENT ASSETS
Debtors 5 1,541,068 1,214,427
Cash at bank 680,008 50,220
2,221,076 1,264,647
CREDITORS
Amounts falling due within one year 6 1,665,895 922,120
NET CURRENT ASSETS 555,181 342,527
TOTAL ASSETS LESS CURRENT
LIABILITIES

555,181

342,527

CREDITORS
Amounts falling due after more than one
year

7

9,262

18,518
NET ASSETS 545,919 324,009

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 545,917 324,007
SHAREHOLDERS' FUNDS 545,919 324,009

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 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 April 2025 and were signed by:





G M Phillips - Director


Ael Glazing Ltd (Registered number: 07318644)

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

1. STATUTORY INFORMATION

Ael Glazing 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost

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.

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
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 2 (2023 - 2 ) .

Ael Glazing Ltd (Registered number: 07318644)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 August 2023
and 31 July 2024 96,723 5,823 102,546
DEPRECIATION
At 1 August 2023
and 31 July 2024 96,723 5,823 102,546
NET BOOK VALUE
At 31 July 2024 - - -
At 31 July 2023 - - -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 896,470 587,707
Amounts owed by associates 336,966 290,620
Other debtors 307,632 336,100
1,541,068 1,214,427

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 10,648 10,648
Trade creditors 685,893 (56,868 )
Taxation and social security 184,704 176,890
Other creditors 784,650 791,450
1,665,895 922,120

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Bank loans 9,262 18,518

Ael Glazing Ltd

Report of the Accountants to the Director of
Ael Glazing Ltd

The following reproduces the text of the report prepared for the director 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 Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 July 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






John Greenall & Co Limited
20 Crewe Road
Sandbach
Cheshire
CW11 4NE


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