Registered number
06987026
BT Double Glazing Limited
Filleted Accounts
31 August 2024
BT Double Glazing Limited
Registered number: 06987026
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 21,894 37,548
Current assets
Debtors 4 74,631 58,219
Cash at bank and in hand 28,454 40,931
103,085 99,150
Creditors: amounts falling due within one year 5 (81,391) (97,536)
Net current assets 21,694 1,614
Total assets less current liabilities 43,588 39,162
Creditors: amounts falling due after more than one year 6 (43,586) (63,069)
Net assets/(liabilities) 2 (23,907)
Capital and reserves
Called up share capital 2 2
Profit and loss account - (23,909)
Shareholders' funds 2 (23,907)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Przemyslaw Marcin Oleniacz
Director
Approved by the board on 15 April 2025
BT Double Glazing Limited
Notes to the Accounts
for the year ended 31 August 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 3 1
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 September 2023 31,337 52,953 84,290
At 31 August 2024 31,337 52,953 84,290
Depreciation
At 1 September 2023 31,337 15,405 46,742
Charge for the year 6,267 9,387 15,654
At 31 August 2024 37,604 24,792 62,396
Net book value
At 31 August 2024 (6,267) 28,161 21,894
At 31 August 2023 - 37,548 37,548
4 Debtors 2024 2023
£ £
Trade debtors 1,242 24,760
Directors' Account 34,543 -
CIS Recoverable 14,337 14,337
PAYE 22,391 17,056
Pension 1,399 1,399
Net Wages 19 19
Subcontractors Account 700 648
74,631 58,219
5 Creditors: amounts falling due within one year 2024 2023
£ £
VAT 78,792 81,856
Taxation and social security costs 1,879 (1,876)
Directors' Account - 16,836
Other creditors 720 720
81,391 97,536
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 17,499 27,500
Obligations under finance lease and hire purchase contracts 26,087 35,569
43,586 63,069
7 Other information
BT Double Glazing Limited is a private company limited by shares and incorporated in England. Its registered office is:
35 George V Way
 Perivale
UB6 7JA
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