11 01/04/2024 31/03/2025 2025-03-31 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2024-04-01 Sage Accounts Production 24.0 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP 06538707 2024-04-01 2025-03-31 06538707 2025-03-31 06538707 2024-03-31 06538707 2023-04-01 2024-03-31 06538707 2024-03-31 06538707 2023-03-31 06538707 core:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 06538707 core:MotorVehicles 2024-04-01 2025-03-31 06538707 bus:RegisteredOffice 2024-04-01 2025-03-31 06538707 bus:LeadAgentIfApplicable 2024-04-01 2025-03-31 06538707 bus:Director1 2024-04-01 2025-03-31 06538707 core:LandBuildings core:LongLeaseholdAssets 2024-03-31 06538707 core:FurnitureFittingsToolsEquipment 2024-03-31 06538707 core:MotorVehicles 2024-03-31 06538707 core:LandBuildings core:LongLeaseholdAssets 2025-03-31 06538707 core:FurnitureFittingsToolsEquipment 2025-03-31 06538707 core:MotorVehicles 2025-03-31 06538707 core:WithinOneYear 2025-03-31 06538707 core:WithinOneYear 2024-03-31 06538707 core:UKTax 2024-04-01 2025-03-31 06538707 core:UKTax 2023-04-01 2024-03-31 06538707 core:LandBuildings core:LongLeaseholdAssets 2024-04-01 2025-03-31 06538707 core:ShareCapital 2025-03-31 06538707 core:ShareCapital 2024-03-31 06538707 core:RetainedEarningsAccumulatedLosses 2025-03-31 06538707 core:RetainedEarningsAccumulatedLosses 2024-03-31 06538707 core:LandBuildings core:LongLeaseholdAssets 2024-03-31 06538707 core:FurnitureFittingsToolsEquipment 2024-03-31 06538707 core:MotorVehicles 2024-03-31 06538707 bus:SmallEntities 2024-04-01 2025-03-31 06538707 bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 06538707 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 06538707 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06538707 bus:FullAccounts 2024-04-01 2025-03-31 06538707 core:LandBuildings core:ShortLeaseholdAssets 2024-04-01 2025-03-31
Company registration number: 06538707
Johnsons Glazing Contractors Ltd
Unaudited filleted financial statements
31 March 2025
Johnsons Glazing Contractors Ltd
Contents
Directors and other information
Statement of financial position
Notes to the financial statements
Johnsons Glazing Contractors Ltd
Directors and other information
Director M Johnson
Company number 06538707
Registered office 124 - 126 Church Hill
Loughton
Essex
IG10 1LH
Accountants Pollock Taylor Ltd
Chartered Certified Accountants
124 - 126 Church Hill
Loughton
Essex
IG10 1LH
Johnsons Glazing Contractors Ltd
Statement of financial position
31 March 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 6 104,626 152,453
_________ _________
104,626 152,453
Current assets
Stocks 11,240 33,440
Debtors 7 1,281,111 731,615
Cash at bank and in hand 24,577 59,892
_________ _________
1,316,928 824,947
Creditors: amounts falling due
within one year 8 ( 1,276,316) ( 882,307)
_________ _________
Net current assets/(liabilities) 40,612 ( 57,360)
_________ _________
Total assets less current liabilities 145,238 95,093
Provisions for liabilities ( 16,967) ( 25,864)
_________ _________
Net assets 128,271 69,229
_________ _________
Capital and reserves
Called up share capital 100 100
Profit and loss account 128,171 69,129
_________ _________
Shareholders funds 128,271 69,229
_________ _________
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.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 04 July 2025 , and are signed on behalf of the board by:
M Johnson
Director
Company registration number: 06538707
Johnsons Glazing Contractors Ltd
Notes to the financial statements
Year ended 31 March 2025
1. General information
The company is a private company limited by shares, registered in England. The address of the registered office is 124 - 126 Church Hill, Loughton, Essex, IG10 1LH.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Short leasehold property - Straight Line over the life of the lease
Fittings fixtures and equipment - 15 % reducing balance
Motor vehicles - 20 % reducing balance
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 11 (2024: 11 ).
5. Tax on profit
Major components of tax expense
2025 2024
£ £
Current tax:
UK current tax expense 81,453 45,755
_________ _________
Deferred tax:
Origination and reversal of timing differences ( 8,897) 4,424
_________ _________
Tax on profit 72,556 50,179
_________ _________
6. Tangible assets
Long leasehold property Fixtures, fittings and equipment Motor vehicles Total
£ £ £ £
Cost
At 1 April 2024 31,060 108,137 119,734 258,931
Additions - 2,632 9,000 11,632
Disposals - ( 78,914) ( 10,000) ( 88,914)
_________ _________ _________ _________
At 31 March 2025 31,060 31,855 118,734 181,649
_________ _________ _________ _________
Depreciation
At 1 April 2024 11,179 64,294 31,005 106,478
Charge for the year 1,242 2,508 17,946 21,696
Disposals - ( 49,151) ( 2,000) ( 51,151)
_________ _________ _________ _________
At 31 March 2025 12,421 17,651 46,951 77,023
_________ _________ _________ _________
Carrying amount
At 31 March 2025 18,639 14,204 71,783 104,626
_________ _________ _________ _________
At 31 March 2024 19,881 43,843 88,729 152,453
_________ _________ _________ _________
7. Debtors
2025 2024
£ £
Trade debtors 1,030,889 593,895
Other debtors 250,222 137,720
_________ _________
1,281,111 731,615
_________ _________
8. Creditors: amounts falling due within one year
2025 2024
£ £
Bank loans and overdrafts 143,100 88,755
Trade creditors 874,758 521,242
Corporation tax 81,453 45,796
Social security and other taxes 15,222 13,672
Other creditors 161,783 212,842
_________ _________
1,276,316 882,307
_________ _________