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Company Registration No. 05034455 (England and Wales)
R & M Glazing Services Limited Unaudited accounts for the year ended 31 March 2025
R & M Glazing Services Limited Unaudited accounts Contents
Page
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R & M Glazing Services Limited Company Information for the year ended 31 March 2025
Director
Neil Colls
Secretary
Linda Colls
Company Number
05034455 (England and Wales)
Registered Office
24 SUSSEX AVENUE HAROLD WOOD ROMFORD ESSEX RM3 0TA ENGLAND
Accountants
Virtual FC 11 Sussex Avenue Romford RM3 0TA
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R & M Glazing Services Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
10,244 
13,076 
Current assets
Debtors
14,715 
26,792 
Cash at bank and in hand
683 
- 
15,398 
26,792 
Creditors: amounts falling due within one year
(12,524)
(17,810)
Net current assets
2,874 
8,982 
Total assets less current liabilities
13,118 
22,058 
Creditors: amounts falling due after more than one year
(3,667)
(8,800)
Net assets
9,451 
13,258 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
9,351 
13,158 
Shareholders' funds
9,451 
13,258 
For the year ending 31 March 2025 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 15 May 2025 and were signed on its behalf by
Neil Colls Director Company Registration No. 05034455
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R & M Glazing Services Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
R & M Glazing Services Limited is a private company, limited by shares, registered in England and Wales, registration number 05034455. The registered office is 24 SUSSEX AVENUE, HAROLD WOOD, ROMFORD, ESSEX, RM3 0TA, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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 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
Computer equipment
33% Straight Line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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R & M Glazing Services Limited Notes to the Accounts for the year ended 31 March 2025
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2024
5,851 
20,803 
883 
27,537 
At 31 March 2025
5,851 
20,803 
883 
27,537 
Depreciation
At 1 April 2024
5,421 
8,322 
718 
14,461 
Charge for the year
158 
2,561 
113 
2,832 
At 31 March 2025
5,579 
10,883 
831 
17,293 
Net book value
At 31 March 2025
272 
9,920 
52 
10,244 
At 31 March 2024
430 
12,481 
165 
13,076 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
- 
2,149 
Trade debtors
4,146 
3,000 
Accrued income and prepayments
1,143 
1,165 
Other debtors
9,426 
20,478 
14,715 
26,792 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
4,400 
11,789 
VAT
34 
- 
Trade creditors
3,543 
940 
Taxes and social security
3,351 
5,081 
Other creditors
1,196 
- 
12,524 
17,810 
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R & M Glazing Services Limited Notes to the Accounts for the year ended 31 March 2025
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
3,667 
8,800 
During 2021 the company obtained a COVID-19 bounce back loan to provide financial support during the national lockdowns imposed by the UK Government. The loan is underwritten by the UK Government and is repayable over 6 years.
8
Operating lease commitments
2025 
2024 
£ 
£ 
At 31 March 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
- 
1,971 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Short Term Loan
10,489 
3,063 
10,489 
3,063 
10,489 
3,063 
10,489 
3,063 
10
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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