Company registration number 08260826 (England and Wales)
HWL BESPOKE GLAZING LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
HWL BESPOKE GLAZING LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 4
HWL BESPOKE GLAZING LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
31 DECEMBER 2024
31 December 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
16,763
22,453
Current assets
Stocks
84,072
131,845
Debtors
4
50,596
23,169
Cash at bank and in hand
18,660
17,209
153,328
172,223
Creditors: amounts falling due within one year
5
(320,253)
(351,707)
Net current liabilities
(166,925)
(179,484)
Total assets less current liabilities
(150,162)
(157,031)
Creditors: amounts falling due after more than one year
6
(4,167)
(19,317)
Net liabilities
(154,329)
(176,348)
Capital and reserves
Called up share capital
7
1
1
Profit and loss reserves
(154,330)
(176,349)
Total equity
(154,329)
(176,348)

For the financial year ended 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 of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 12 May 2025
S Haigh
Director
Company registration number 08260826 (England and Wales)
HWL BESPOKE GLAZING LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 2 -
1
Accounting policies
Company information

HWL Bespoke Glazing Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit 9 Grisedale Road, Old Hall Industrial Estate, Wirral, Merseyside, CH62 3QA.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

Turnover is recognised upon the provision of goods.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost less depreciation.

Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
33% straight line
Motor vehicles
25% reducing balance
1.4
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

1.5
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.6
Leases

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the statement of financial position as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

HWL BESPOKE GLAZING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 3 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
4
4
3
Tangible fixed assets
Fixtures and fittings
Motor vehicles
Total
£
£
£
Cost
At 1 January 2024 and 31 December 2024
641
41,900
42,541
Depreciation and impairment
At 1 January 2024
409
19,679
20,088
Depreciation charged in the year
134
5,556
5,690
At 31 December 2024
543
25,235
25,778
Carrying amount
At 31 December 2024
98
16,665
16,763
At 31 December 2023
232
22,221
22,453
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
10,349
15,439
Amounts owed by group undertakings
32,098
-
0
Prepayments and accrued income
8,149
7,730
50,596
23,169
HWL BESPOKE GLAZING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 4 -
5
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans
10,000
10,000
Obligations under finance leases
5,150
5,000
Trade creditors
148,317
144,518
Amounts owed to connected companies
-
0
31,212
Taxation and social security
98,800
77,301
Accruals and deferred income
57,986
83,676
320,253
351,707

Obligations under finance leases are secured on the assets to which they relate.

6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans
4,167
14,167
Obligations under finance leases
-
0
5,150
4,167
19,317

Obligations under finance leases are secured on the assets to which they relate.

7
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
1
1
1
1
8
Parent company

The company's parent company is On The Up (Holdings) Limited and its registered office is Parsons Accountants Ltd, No. 2 Silkwood Office Park, Fryers Way, Wakefield, WF5 9TJ.

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