IRIS Accounts Production v25.1.3.33 05941979 Board of Directors Board of Directors Board of Directors 1.11.23 31.10.24 31.10.24 true false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh059419792023-10-31059419792024-10-31059419792023-11-012024-10-31059419792022-10-31059419792022-11-012023-10-31059419792023-10-3105941979ns15:EnglandWales2023-11-012024-10-3105941979ns14:PoundSterling2023-11-012024-10-3105941979ns10:Director12023-11-012024-10-3105941979ns10:Director22023-11-012024-10-3105941979ns10:Director32023-11-012024-10-3105941979ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3105941979ns10:SmallEntities2023-11-012024-10-3105941979ns10:AuditExempt-NoAccountantsReport2023-11-012024-10-3105941979ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3105941979ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3105941979ns10:FullAccounts2023-11-012024-10-310594197912023-11-012024-10-3105941979ns10:OrdinaryShareClass12023-11-012024-10-3105941979ns10:CompanySecretary12023-11-012024-10-3105941979ns10:RegisteredOffice2023-11-012024-10-3105941979ns5:CurrentFinancialInstruments2024-10-3105941979ns5:CurrentFinancialInstruments2023-10-3105941979ns5:Non-currentFinancialInstruments2024-10-3105941979ns5:Non-currentFinancialInstruments2023-10-3105941979ns5:ShareCapital2024-10-3105941979ns5:ShareCapital2023-10-3105941979ns5:RetainedEarningsAccumulatedLosses2024-10-3105941979ns5:RetainedEarningsAccumulatedLosses2023-10-3105941979ns5:NetGoodwill2023-11-012024-10-3105941979ns5:IntangibleAssetsOtherThanGoodwill2023-11-012024-10-3105941979ns5:PlantMachinery2023-11-012024-10-3105941979ns5:FurnitureFittings2023-11-012024-10-3105941979ns5:MotorVehicles2023-11-012024-10-3105941979ns5:ComputerEquipment2023-11-012024-10-3105941979ns5:NetGoodwill2023-10-3105941979ns5:NetGoodwill2024-10-3105941979ns5:NetGoodwill2023-10-3105941979ns5:PlantMachinery2023-10-3105941979ns5:FurnitureFittings2023-10-3105941979ns5:MotorVehicles2023-10-3105941979ns5:ComputerEquipment2023-10-3105941979ns5:PlantMachinery2024-10-3105941979ns5:FurnitureFittings2024-10-3105941979ns5:MotorVehicles2024-10-3105941979ns5:ComputerEquipment2024-10-3105941979ns5:PlantMachinery2023-10-3105941979ns5:FurnitureFittings2023-10-3105941979ns5:MotorVehicles2023-10-3105941979ns5:ComputerEquipment2023-10-3105941979ns5:CostValuation2023-10-3105941979ns5:Subsidiary12023-11-012024-10-31059419791ns5:Subsidiary12023-11-012024-10-3105941979ns5:Subsidiary12024-10-3105941979ns5:Subsidiary12023-10-3105941979ns5:Subsidiary12023-10-3105941979ns5:Subsidiary12022-11-012023-10-3105941979ns5:WithinOneYearns5:CurrentFinancialInstruments2024-10-3105941979ns5:WithinOneYearns5:CurrentFinancialInstruments2023-10-3105941979ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-10-3105941979ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-10-3105941979ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-10-3105941979ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-10-3105941979ns5:DeferredTaxation2023-10-3105941979ns5:DeferredTaxation2024-10-3105941979ns10:OrdinaryShareClass12024-10-31
REGISTERED NUMBER: 05941979 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST OCTOBER 2024

FOR

THERMAL WINDOW & CONSERVATORY ROOF
SYSTEMS LIMITED

THERMAL WINDOW & CONSERVATORY ROOF
SYSTEMS LIMITED (REGISTERED NUMBER: 05941979)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THERMAL WINDOW & CONSERVATORY ROOF
SYSTEMS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST OCTOBER 2024







DIRECTORS: P Hardcastle
P Tighe
K Greaves





SECRETARY: P Hardcastle





REGISTERED OFFICE: Unit 17
Redbrook Business Park
Barnsley
South Yorkshire
S75 1JN





REGISTERED NUMBER: 05941979 (England and Wales)





ACCOUNTANTS: Seaman Herbert & Co
36 - 40 Doncaster Road
Barnsley
South Yorkshire
S70 1TL

THERMAL WINDOW & CONSERVATORY ROOF
SYSTEMS LIMITED (REGISTERED NUMBER: 05941979)

BALANCE SHEET
31ST OCTOBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 10,000 15,000
Tangible assets 5 176,530 184,091
Investments 6 1 1
186,531 199,092

CURRENT ASSETS
Stocks 7 160,428 181,390
Debtors 8 134,403 167,573
Cash at bank and in hand 192,514 130,293
487,345 479,256
CREDITORS
Amounts falling due within one year 9 525,523 478,413
NET CURRENT (LIABILITIES)/ASSETS (38,178 ) 843
TOTAL ASSETS LESS CURRENT
LIABILITIES

148,353

199,935

CREDITORS
Amounts falling due after more than one
year

10

(28,349

)

(15,735

)

PROVISIONS FOR LIABILITIES 13 (44,132 ) (34,768 )
NET ASSETS 75,872 149,432

CAPITAL AND RESERVES
Called up share capital 14 300 300
Retained earnings 75,572 149,132
SHAREHOLDERS' FUNDS 75,872 149,432

THERMAL WINDOW & CONSERVATORY ROOF
SYSTEMS LIMITED (REGISTERED NUMBER: 05941979)

BALANCE SHEET - continued
31ST OCTOBER 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit & Loss Account and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22nd May 2025 and were signed on its behalf by:




K Greaves - Director P Hardcastle - Director




P Tighe - Director


THERMAL WINDOW & CONSERVATORY ROOF
SYSTEMS LIMITED (REGISTERED NUMBER: 05941979)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2024

1. STATUTORY INFORMATION

Thermal Window & Conservatory Roof Systems Limited 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 15% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account and Retained Earnings, 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.


THERMAL WINDOW & CONSERVATORY ROOF
SYSTEMS LIMITED (REGISTERED NUMBER: 05941979)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2024

2. ACCOUNTING POLICIES - continued
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2023 - 20 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st November 2023
and 31st October 2024 100,000
AMORTISATION
At 1st November 2023 85,000
Amortisation for year 5,000
At 31st October 2024 90,000
NET BOOK VALUE
At 31st October 2024 10,000
At 31st October 2023 15,000

THERMAL WINDOW & CONSERVATORY ROOF
SYSTEMS LIMITED (REGISTERED NUMBER: 05941979)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1st November 2023 332,115 8,939 100,027 25,215 466,296
Additions - - 34,430 - 34,430
Disposals - - (31,300 ) (7,710 ) (39,010 )
At 31st October 2024 332,115 8,939 103,157 17,505 461,716
DEPRECIATION
At 1st November 2023 193,289 6,006 64,515 18,395 282,205
Charge for year 20,823 293 12,206 1,642 34,964
Eliminated on disposal - - (24,525 ) (7,458 ) (31,983 )
At 31st October 2024 214,112 6,299 52,196 12,579 285,186
NET BOOK VALUE
At 31st October 2024 118,003 2,640 50,961 4,926 176,530
At 31st October 2023 138,826 2,933 35,512 6,820 184,091

Included in the total net book value of tangible fixed assets held at 31st October 2024 was £81030
(£67388 : 2023) in respect of assets held under finance leases and hire purchase contracts.

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1st November 2023
and 31st October 2024 1
NET BOOK VALUE
At 31st October 2024 1
At 31st October 2023 1

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Eco Thermal Design Ltd
Registered office:
Nature of business: Sale of Upvc products
%
Class of shares: holding
Ordinary 100.00
31.1.25 31.1.24
£    £   
Aggregate capital and reserves 145,433 130,325
Profit for the year 15,108 16,953

THERMAL WINDOW & CONSERVATORY ROOF
SYSTEMS LIMITED (REGISTERED NUMBER: 05941979)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2024

6. FIXED ASSET INVESTMENTS - continued

This relates to 100% shareholding in Eco Thermal Design Limited.

7. STOCKS
2024 2023
£    £   
Stocks 119,178 137,802
Work-in-progress 41,250 43,588
160,428 181,390

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 117,272 138,346
Accrued income 4,027 14,138
Prepayments 13,104 15,089
134,403 167,573

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 11) 10,354 10,098
Hire purchase contracts 7,870 10,435
Trade creditors 222,688 330,849
Amounts owed to group undertakings 27,867 27,867
Tax 33,315 -
Social security and other taxes 8,373 7,504
VAT 27,263 13,949
Other creditors 155,016 48,346
Directors' current accounts 3,046 2,380
Accrued expenses 29,731 26,985
525,523 478,413

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 11) 5,480 15,735
Hire purchase contracts 22,869 -
28,349 15,735

THERMAL WINDOW & CONSERVATORY ROOF
SYSTEMS LIMITED (REGISTERED NUMBER: 05941979)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2024

11. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 10,354 10,098

Amounts falling due between one and two years:
Bank loans - 1-2 years 5,480 10,354

Amounts falling due between two and five years:
Bank loans - 2-5 years - 5,381

12. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 30,739 10,435

13. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 44,132 34,768

Deferred
tax
£   
Balance at 1st November 2023 34,768
Movement in year 9,364
Balance at 31st October 2024 44,132

14. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
300 Ordinary £1 300 300

15. ULTIMATE CONTROLLING PARTY

The directors together with their spouses hold 100% of the issued share capital.