Silverfin false false 31/10/2024 01/11/2023 31/10/2024 P Rogers 03/10/2005 P Rogers 03/10/2005 28 July 2025 The principal activity of the company during the financial year was that of the manufacture and installation of UPVC windows, doors and conservatories. 04384112 2024-10-31 04384112 bus:Director1 2024-10-31 04384112 bus:Director2 2024-10-31 04384112 2023-10-31 04384112 core:CurrentFinancialInstruments 2024-10-31 04384112 core:CurrentFinancialInstruments 2023-10-31 04384112 core:Non-currentFinancialInstruments 2024-10-31 04384112 core:Non-currentFinancialInstruments 2023-10-31 04384112 core:ShareCapital 2024-10-31 04384112 core:ShareCapital 2023-10-31 04384112 core:RetainedEarningsAccumulatedLosses 2024-10-31 04384112 core:RetainedEarningsAccumulatedLosses 2023-10-31 04384112 core:LandBuildings 2023-10-31 04384112 core:PlantMachinery 2023-10-31 04384112 core:Vehicles 2023-10-31 04384112 core:FurnitureFittings 2023-10-31 04384112 core:OfficeEquipment 2023-10-31 04384112 core:LandBuildings 2024-10-31 04384112 core:PlantMachinery 2024-10-31 04384112 core:Vehicles 2024-10-31 04384112 core:FurnitureFittings 2024-10-31 04384112 core:OfficeEquipment 2024-10-31 04384112 core:ImmediateParent core:CurrentFinancialInstruments 2024-10-31 04384112 core:ImmediateParent core:CurrentFinancialInstruments 2023-10-31 04384112 bus:OrdinaryShareClass1 2024-10-31 04384112 2023-11-01 2024-10-31 04384112 bus:FilletedAccounts 2023-11-01 2024-10-31 04384112 bus:SmallEntities 2023-11-01 2024-10-31 04384112 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 04384112 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 04384112 bus:Director1 2023-11-01 2024-10-31 04384112 bus:Director2 2023-11-01 2024-10-31 04384112 core:PlantMachinery 2023-11-01 2024-10-31 04384112 core:Vehicles 2023-11-01 2024-10-31 04384112 core:FurnitureFittings 2023-11-01 2024-10-31 04384112 core:OfficeEquipment core:TopRangeValue 2023-11-01 2024-10-31 04384112 2022-11-01 2023-10-31 04384112 core:LandBuildings 2023-11-01 2024-10-31 04384112 core:OfficeEquipment 2023-11-01 2024-10-31 04384112 core:Non-currentFinancialInstruments 2023-11-01 2024-10-31 04384112 bus:OrdinaryShareClass1 2023-11-01 2024-10-31 04384112 bus:OrdinaryShareClass1 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 04384112 (England and Wales)

POLAR GLAZE WINDOWS DOORS AND CONSERVATORIES LIMITED

Unaudited Financial Statements
For the financial year ended 31 October 2024
Pages for filing with the registrar

POLAR GLAZE WINDOWS DOORS AND CONSERVATORIES LIMITED

Unaudited Financial Statements

For the financial year ended 31 October 2024

Contents

POLAR GLAZE WINDOWS DOORS AND CONSERVATORIES LIMITED

BALANCE SHEET

As at 31 October 2024
POLAR GLAZE WINDOWS DOORS AND CONSERVATORIES LIMITED

BALANCE SHEET (continued)

As at 31 October 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 457,578 496,578
457,578 496,578
Current assets
Stocks 4 5,000 5,000
Debtors 5 271,945 327,142
Cash at bank and in hand 320,261 328,933
597,206 661,075
Creditors: amounts falling due within one year 6 ( 513,423) ( 540,889)
Net current assets 83,783 120,186
Total assets less current liabilities 541,361 616,764
Creditors: amounts falling due after more than one year 7 ( 34,863) ( 111,345)
Provision for liabilities ( 59,184) ( 68,707)
Net assets 447,314 436,712
Capital and reserves
Called-up share capital 8 20 20
Profit and loss account 447,294 436,692
Total shareholder's funds 447,314 436,712

For the financial year ending 31 October 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Polar Glaze Windows Doors and Conservatories Limited (registered number: 04384112) were approved and authorised for issue by the Board of Directors on 28 July 2025. They were signed on its behalf by:

P Rogers
Director
POLAR GLAZE WINDOWS DOORS AND CONSERVATORIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2024
POLAR GLAZE WINDOWS DOORS AND CONSERVATORIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Polar Glaze Windows Doors and Conservatories Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.
Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.
Revenue from services is recognised as they are delivered.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
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 financial statements. 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 tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line, reducing balance basis over its expected useful life, as follows:

Land and buildings not depreciated
Plant and machinery 15 % reducing balance
Vehicles 25 % reducing balance
Fixtures and fittings 15 % reducing balance
Office equipment 3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 16 15

3. Tangible assets

Land and buildings Plant and machinery Vehicles Fixtures and fittings Office equipment Total
£ £ £ £ £ £
Cost
At 01 November 2023 206,655 302,299 264,587 137,706 16,047 927,294
Disposals 0 0 ( 17,265) 0 0 ( 17,265)
At 31 October 2024 206,655 302,299 247,322 137,706 16,047 910,029
Accumulated depreciation
At 01 November 2023 0 110,191 202,196 103,650 14,679 430,716
Charge for the financial year 0 16,676 15,355 5,109 888 38,028
Disposals 0 0 ( 16,293) 0 0 ( 16,293)
At 31 October 2024 0 126,867 201,258 108,759 15,567 452,451
Net book value
At 31 October 2024 206,655 175,432 46,064 28,947 480 457,578
At 31 October 2023 206,655 192,108 62,391 34,056 1,368 496,578

4. Stocks

2024 2023
£ £
Stocks 5,000 5,000

5. Debtors

2024 2023
£ £
Trade debtors 56,049 110,183
Amounts owed by Parent undertakings 165,643 165,643
Other debtors 50,253 51,316
271,945 327,142

6. Creditors: amounts falling due within one year

2024 2023
£ £
Bank loans 22,400 22,400
Trade creditors 172,506 200,728
Taxation and social security 82,934 63,566
Obligations under finance leases and hire purchase contracts 4,524 4,524
Other creditors 231,059 249,671
513,423 540,889

7. Creditors: amounts falling due after more than one year

2024 2023
£ £
Bank loans 34,266 106,224
Obligations under finance leases and hire purchase contracts 597 5,121
34,863 111,345

There are no amounts included above in respect of which any security has been given by the small entity.

8. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
20 Ordinary shares of £ 1.00 each 20 20

9. Related party transactions

Transactions with the entity's directors

2024 2023
£ £
Key management 1,568 20,000

Interest has been charged on overdrawn loan balance in line with HMRC official rate.

10. Ultimate controlling party

Parent Company:

Polar Holdings Limited
Towngate House, 2-8 Parkstone Road, Poole, Dorset, United Kingdom, BH15 2PW