IRIS Accounts Production v25.1.0.734 06189109 director 1.4.24 31.3.25 31.3.25 false true false false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh061891092024-03-31061891092025-03-31061891092024-04-012025-03-31061891092023-03-31061891092023-04-012024-03-31061891092024-03-3106189109ns15:EnglandWales2024-04-012025-03-3106189109ns14:PoundSterling2024-04-012025-03-3106189109ns10:Director12024-04-012025-03-3106189109ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3106189109ns10:SmallEntities2024-04-012025-03-3106189109ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3106189109ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3106189109ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3106189109ns10:FullAccounts2024-04-012025-03-310618910912024-04-012025-03-3106189109ns10:OrdinaryShareClass12024-04-012025-03-3106189109ns10:RegisteredOffice2024-04-012025-03-3106189109ns5:CurrentFinancialInstruments2025-03-3106189109ns5:CurrentFinancialInstruments2024-03-3106189109ns5:ShareCapital2025-03-3106189109ns5:ShareCapital2024-03-3106189109ns5:RetainedEarningsAccumulatedLosses2025-03-3106189109ns5:RetainedEarningsAccumulatedLosses2024-03-3106189109ns5:IntangibleAssetsOtherThanGoodwill2024-04-012025-03-3106189109ns5:ComputerSoftware2024-04-012025-03-3106189109ns5:PlantMachinery2024-04-012025-03-3106189109ns5:FurnitureFittings2024-04-012025-03-3106189109ns5:MotorVehicles2024-04-012025-03-3106189109ns5:ComputerEquipment2024-04-012025-03-3106189109ns5:IntangibleAssetsOtherThanGoodwill2024-03-3106189109ns5:IntangibleAssetsOtherThanGoodwill2025-03-3106189109ns5:IntangibleAssetsOtherThanGoodwill2024-03-3106189109ns5:LandBuildings2024-03-3106189109ns5:PlantMachinery2024-03-3106189109ns5:FurnitureFittings2024-03-3106189109ns5:LandBuildings2024-04-012025-03-3106189109ns5:LandBuildings2025-03-3106189109ns5:PlantMachinery2025-03-3106189109ns5:FurnitureFittings2025-03-3106189109ns5:LandBuildings2024-03-3106189109ns5:PlantMachinery2024-03-3106189109ns5:FurnitureFittings2024-03-3106189109ns5:MotorVehicles2024-03-3106189109ns5:ComputerEquipment2024-03-3106189109ns5:MotorVehicles2025-03-3106189109ns5:ComputerEquipment2025-03-3106189109ns5:MotorVehicles2024-03-3106189109ns5:ComputerEquipment2024-03-3106189109ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3106189109ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3106189109ns5:CurrentFinancialInstruments2024-04-012025-03-3106189109ns5:DeferredTaxation2024-03-3106189109ns5:DeferredTaxation2025-03-3106189109ns10:OrdinaryShareClass12025-03-31
















CITY GLASS WORKS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025






CITY GLASS WORKS LIMITED (REGISTERED NUMBER: 06189109)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CITY GLASS WORKS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTOR: Mrs G Magee





REGISTERED OFFICE: Fairfax House, 6A Mill Field Road
Cottingley Business Park
Cottingley
BINGLEY
West Yorkshire
BD16 1PY





REGISTERED NUMBER: 06189109 (England and Wales)





ACCOUNTANTS: Wilkinson and Partners
Chartered Accountants
Fairfax House
6a Mill Field Road
Cottingley Business Park
Bradford
West Yorkshire
BD16 1PY

CITY GLASS WORKS LIMITED (REGISTERED NUMBER: 06189109)

BALANCE SHEET
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 251,662 268,998
Investment property 6 993,866 993,866
1,245,528 1,262,864

CURRENT ASSETS
Stocks 52,500 67,500
Debtors 7 152,191 264,067
Cash at bank 621,926 702,554
826,617 1,034,121
CREDITORS
Amounts falling due within one year 8 246,645 239,089
NET CURRENT ASSETS 579,972 795,032
TOTAL ASSETS LESS CURRENT LIABILITIES 1,825,500 2,057,896

PROVISIONS FOR LIABILITIES 9 - 15,098
NET ASSETS 1,825,500 2,042,798

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 1,825,400 2,042,698
SHAREHOLDERS' FUNDS 1,825,500 2,042,798

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

CITY GLASS WORKS LIMITED (REGISTERED NUMBER: 06189109)

BALANCE SHEET - continued
31 MARCH 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 June 2025 and were signed by:





Mrs G Magee - Director


CITY GLASS WORKS LIMITED (REGISTERED NUMBER: 06189109)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

City Glass Works 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.

In accordance with Section 444 of the Companies Act 2006, the Directors Report has not been delivered.

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.

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.

Computer software is being amortised evenly over its estimated useful life of three years.

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 - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Investment property
The director considers that the market value of the investment property is similar to the historic cost in the balance sheet.

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income 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.


CITY GLASS WORKS LIMITED (REGISTERED NUMBER: 06189109)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


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.

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 (2024 - 24 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2024
and 31 March 2025 12,090
AMORTISATION
At 1 April 2024
and 31 March 2025 12,090
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 -

CITY GLASS WORKS LIMITED (REGISTERED NUMBER: 06189109)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2024 163,732 432,208 31,319
Additions - 6,000 -
At 31 March 2025 163,732 438,208 31,319
DEPRECIATION
At 1 April 2024 - 379,344 23,221
Charge for year - 13,341 1,215
At 31 March 2025 - 392,685 24,436
NET BOOK VALUE
At 31 March 2025 163,732 45,523 6,883
At 31 March 2024 163,732 52,864 8,098

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2024 124,964 51,540 803,763
Additions - 6,454 12,454
At 31 March 2025 124,964 57,994 816,217
DEPRECIATION
At 1 April 2024 84,889 47,311 534,765
Charge for year 10,019 5,215 29,790
At 31 March 2025 94,908 52,526 564,555
NET BOOK VALUE
At 31 March 2025 30,056 5,468 251,662
At 31 March 2024 40,075 4,229 268,998

Included in cost of land and buildings is freehold land of £ 163,732 (2024 - £ 163,732 ) which is not depreciated.

The freehold property has not been depreciated as the director considers the market value to be greater than the historical cost in the balance sheet.

6. INVESTMENT PROPERTY

The directors consider that the market value of the properties is similar to the historical cost in the accounts. They will arrange to have the properties valued at the next balance sheet date on 31 March 2026.

CITY GLASS WORKS LIMITED (REGISTERED NUMBER: 06189109)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 143,041 249,408
Other debtors - 6,936
Prepayments 9,150 7,723
152,191 264,067

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 200,228 196,082
Tax (14 ) (14 )
Social security and other taxes 8,939 9,028
VAT 3,870 26,893
Other creditors 1,846 995
Directors' current accounts 26,137 1,137
Accrued expenses 5,639 4,968
246,645 239,089

Loans from directors are interest free and repayable on demand.

9. PROVISIONS FOR LIABILITIES
31.3.25 31.3.24
£    £   
Deferred tax - 15,098

Deferred
tax
£   
Balance at 1 April 2024 15,098
Accelerated capital allowances (15,098 )
Balance at 31 March 2025 -

The entire provision of deferred tax is relating to accelerated capital allowances.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
100 Ordinary 1 100 100

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs G Magee.