Select Window Systems Limited 04809348 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is the provision of double glazing services. Digita Accounts Production Advanced 6.30.9574.0 true 04809348 2023-10-01 2024-09-30 04809348 2024-09-30 04809348 core:RetainedEarningsAccumulatedLosses 2024-09-30 04809348 core:ShareCapital 2024-09-30 04809348 core:CurrentFinancialInstruments 2024-09-30 04809348 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 04809348 core:Non-currentFinancialInstruments core:AfterOneYear 2024-09-30 04809348 core:FurnitureFittings 2024-09-30 04809348 core:MotorVehicles 2024-09-30 04809348 core:OfficeEquipment 2024-09-30 04809348 core:PlantMachinery 2024-09-30 04809348 bus:SmallEntities 2023-10-01 2024-09-30 04809348 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 04809348 bus:FilletedAccounts 2023-10-01 2024-09-30 04809348 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 04809348 bus:RegisteredOffice 2023-10-01 2024-09-30 04809348 bus:Director2 2023-10-01 2024-09-30 04809348 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 04809348 core:FurnitureFittings 2023-10-01 2024-09-30 04809348 core:MotorVehicles 2023-10-01 2024-09-30 04809348 core:OfficeEquipment 2023-10-01 2024-09-30 04809348 core:PlantMachinery 2023-10-01 2024-09-30 04809348 core:Vehicles 2023-10-01 2024-09-30 04809348 countries:EnglandWales 2023-10-01 2024-09-30 04809348 2023-09-30 04809348 core:FurnitureFittings 2023-09-30 04809348 core:MotorVehicles 2023-09-30 04809348 core:OfficeEquipment 2023-09-30 04809348 core:PlantMachinery 2023-09-30 04809348 2022-10-01 2023-09-30 04809348 2023-09-30 04809348 core:RetainedEarningsAccumulatedLosses 2023-09-30 04809348 core:ShareCapital 2023-09-30 04809348 core:CurrentFinancialInstruments 2023-09-30 04809348 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 04809348 core:Non-currentFinancialInstruments core:AfterOneYear 2023-09-30 04809348 core:FurnitureFittings 2023-09-30 04809348 core:MotorVehicles 2023-09-30 04809348 core:OfficeEquipment 2023-09-30 04809348 core:PlantMachinery 2023-09-30 iso4217:GBP xbrli:pure

Registration number: 04809348

Select Window Systems Limited

Unaudited Financial Statements

for the Year Ended 30 September 2024

 

Select Window Systems Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 7

 

Select Window Systems Limited

(Registration number: 04809348)
Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

70,587

54,703

Current assets

 

Stocks

5,366

5,916

Debtors

5

109,188

147,186

Cash at bank and in hand

 

73,452

66,017

 

188,006

219,119

Creditors: Amounts falling due within one year

6

(216,094)

(210,569)

Net current (liabilities)/assets

 

(28,088)

8,550

Total assets less current liabilities

 

42,499

63,253

Creditors: Amounts falling due after more than one year

6

(6,667)

(16,667)

Provisions for liabilities

(17,647)

(13,676)

Net assets

 

18,185

32,910

Capital and reserves

 

Called up share capital

100

100

Retained earnings

18,085

32,810

Shareholders' funds

 

18,185

32,910

 

Select Window Systems Limited

(Registration number: 04809348)
Balance Sheet as at 30 September 2024

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

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

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 28 April 2025 and signed on its behalf by:
 

.........................................
Mr Robert James Trotter
Director

 

Select Window Systems Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1

General information

The address of its registered office is:
Unit 2 Woodford Court
Leslie Road
Winsford
Cheshire
CW7 2RB

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are prepared in Sterling, which is the functional currency of the company. All monetary amounts are rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. The amount provided included work completed, both in full or in part, prior to the period end which was invoiced after the balance sheet date. Turnover is shown net of value added tax.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Select Window Systems Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in the profit or loss.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and fittings

25% reducing balance

Plant and machinery

15% reducing balance

Office equipment

33.33% straight line

Motor vehicles

25% reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expenses when they are due. Any amounts still to be paid over at the year end are included within other creditors.

 

Select Window Systems Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 11 (2023 - 10).

 

Select Window Systems Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

4

Tangible assets

Fixtures and fittings
£

Plant and machinery
£

Office equipment
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 October 2023

3,156

35,748

3,427

84,306

126,637

Additions

470

-

-

30,500

30,970

Disposals

-

-

-

(12,020)

(12,020)

At 30 September 2024

3,626

35,748

3,427

102,786

145,587

Depreciation

At 1 October 2023

2,227

13,753

3,250

52,704

71,934

Charge for the year

310

3,301

63

9,272

12,946

Eliminated on disposal

-

-

-

(9,880)

(9,880)

At 30 September 2024

2,537

17,054

3,313

52,096

75,000

Carrying amount

At 30 September 2024

1,089

18,694

114

50,690

70,587

At 30 September 2023

929

21,995

177

31,602

54,703

 

Select Window Systems Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

5

Debtors

Current

2024
£

2023
£

Trade debtors

102,082

139,182

Other debtors

7,106

8,004

 

109,188

147,186

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

10,000

10,000

Trade creditors

 

73,030

76,779

Accruals and deferred income

 

85,021

68,892

Other creditors

 

48,043

54,898

 

216,094

210,569