DTW Trade Windows Ltd
Registered number: 11762165
Statement of Financial Position
as at 31 January 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 4 7,788 10,384
Current assets
Debtors 5 56,618 15,080
Cash at bank and in hand 66,425 61,002
123,043 76,082
Creditors: amounts falling due within one year 6 (60,862) (57,187)
Net current assets 62,181 18,895
Total assets less current liabilities 69,969 29,279
Provisions for liabilities (1,534) (1,973)
Net assets 68,435 27,306
Capital and reserves
Called up share capital 100 100
Profit and loss account 68,335 27,206
Shareholders' funds 68,435 27,306
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 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.
D Traylen
Director
Approved by the board on 4 June 2025
DTW Trade Windows Ltd
Notes to the Accounts
for the year ended 31 January 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.
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 rendering of services. 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.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
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:
Plant and machinery 25% reducing balance
Debtors
Short term debtors are measured at transaction 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. 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 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 and directors 2025 2024
Number Number
Average number of directors and persons employed by the company 3 3
3 Intangible fixed assets £
Goodwill:
Cost
At 1 February 2024 20,000
At 31 January 2025 20,000
Amortisation
At 1 February 2024 20,000
At 31 January 2025 20,000
Net book value
At 31 January 2025 -
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 February 2024 17,237
At 31 January 2025 17,237
Depreciation
At 1 February 2024 6,853
Charge for the year 2,596
At 31 January 2025 9,449
Net book value
At 31 January 2025 7,788
At 31 January 2024 10,384
5 Debtors 2025 2024
£ £
Trade debtors 54,570 15,080
Prepayments 212 -
Other debtors 1,836 -
56,618 15,080
6 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 2,453 3,971
Accruals 1,147 1,187
Corporation tax 10,865 994
Other taxes and social security costs 172 2,167
Other creditors 46,225 48,868
60,862 57,187
7 Other information
DTW Trade Windows Ltd is a private company limited by shares and incorporated in England. Its registered office is:
269 Farnborough Road
Farnborough
Hampshire
GU14 7LY
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