Company Registration No. 12194583 (England and Wales)
ENG Glazing Ltd
Unaudited accounts
for the year ended 30 September 2024
ENG Glazing Ltd
Unaudited accounts
Contents
ENG Glazing Ltd
Company Information
for the year ended 30 September 2024
Company Number
12194583 (England and Wales)
Registered Office
36 WOODLANDS CLOSE
LONDON
NW11 9QR
UNITED KINGDOM
ENG Glazing Ltd
Statement of financial position
as at 30 September 2024
Called up share capital not paid
2
2
Tangible assets
68,120
39,389
Cash at bank and in hand
411,101
316,540
Creditors: amounts falling due within one year
(602,560)
(308,224)
Net current assets
818,328
802,612
Total assets less current liabilities
886,450
842,003
Creditors: amounts falling due after more than one year
(32,690)
(22,095)
Net assets
853,760
819,908
Called up share capital
2
2
Profit and loss account
853,758
819,906
Shareholders' funds
853,760
819,908
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 June 2025 and were signed on its behalf by
E Gefen
Director
Company Registration No. 12194583
ENG Glazing Ltd
Notes to the Accounts
for the year ended 30 September 2024
ENG Glazing Ltd is a private company, limited by shares, registered in England and Wales, registration number 12194583. The registered office is 36 WOODLANDS CLOSE, LONDON, NW11 9QR, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The financial statements have been prepared in accordance with the accounting principals appropriate to a going concern.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight line
Motor vehicles
20% Reducing Balance
Fixtures & fittings
20% straight line
Computer equipment
25% straight line
ENG Glazing Ltd
Notes to the Accounts
for the year ended 30 September 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 October 2023
4,932
42,944
1,688
3,487
53,051
Additions
491
44,335
1,703
-
46,529
At 30 September 2024
5,423
87,279
3,391
3,487
99,580
At 1 October 2023
987
11,465
338
872
13,662
Charge for the year
1,085
15,163
678
872
17,798
At 30 September 2024
2,072
26,628
1,016
1,744
31,460
At 30 September 2024
3,351
60,651
2,375
1,743
68,120
At 30 September 2023
3,945
31,479
1,350
2,615
39,389
Amounts falling due within one year
Trade debtors
524,401
390,926
Other debtors
426,928
360,756
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
15,819
9,812
Trade creditors
417,214
111,536
Taxes and social security
40,000
84,256
Other creditors
13,135
7,865
Loans from directors
113,392
91,755
7
Creditors: amounts falling due after more than one year
2024
2023
8
Transactions with related parties
Included in Creditors less than one year is £113,392 (2023: £91,755) due to the director of the company.
9
Average number of employees
During the year the average number of employees was 3 (2023: 4).