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Company Registration No. 06728316 (England and Wales)
THE GLASS SHOP (DAGENHAM) LIMITED Unaudited accounts for the year ended 31 January 2025
THE GLASS SHOP (DAGENHAM) LIMITED Unaudited accounts Contents
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THE GLASS SHOP (DAGENHAM) LIMITED Company Information for the year ended 31 January 2025
Director
G Beer
Company Number
06728316 (England and Wales)
Registered Office
429 BECONTREE AVENUE DAGENHAM RM8 3UH ENGLAND
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THE GLASS SHOP (DAGENHAM) LIMITED Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
309,560 
340,861 
Investments
63,495 
63,495 
373,055 
404,356 
Current assets
Inventories
20,750 
5,750 
Debtors
642,575 
364,654 
Cash at bank and in hand
477,719 
514,942 
1,141,044 
885,346 
Creditors: amounts falling due within one year
(663,867)
(531,083)
Net current assets
477,177 
354,263 
Total assets less current liabilities
850,232 
758,619 
Creditors: amounts falling due after more than one year
(187,224)
(226,449)
Net assets
663,008 
532,170 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
662,998 
532,160 
Shareholders' funds
663,008 
532,170 
For the year ending 31 January 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 6 June 2025 and were signed on its behalf by
G Beer Director Company Registration No. 06728316
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THE GLASS SHOP (DAGENHAM) LIMITED Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
THE GLASS SHOP (DAGENHAM) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06728316. The registered office is 429 BECONTREE AVENUE, DAGENHAM, RM8 3UH, 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
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.
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.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Deferred taxation
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.
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THE GLASS SHOP (DAGENHAM) LIMITED Notes to the Accounts for the year ended 31 January 2025
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.
Investments
Investments are held at cost.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2024
78,855 
574,497 
653,352 
Additions
5,029 
104,731 
109,760 
At 31 January 2025
83,884 
679,228 
763,112 
Depreciation
At 1 February 2024
33,202 
279,289 
312,491 
Charge for the year
16,475 
124,586 
141,061 
At 31 January 2025
49,677 
403,875 
453,552 
Net book value
At 31 January 2025
34,207 
275,353 
309,560 
At 31 January 2024
45,653 
295,208 
340,861 
5
Investments
Other investments 
£ 
Valuation at 1 February 2024
63,495 
Valuation at 31 January 2025
63,495 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
615,416 
352,937 
Other debtors
27,159 
11,717 
642,575 
364,654 
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THE GLASS SHOP (DAGENHAM) LIMITED Notes to the Accounts for the year ended 31 January 2025
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
167,386 
99,748 
Trade creditors
246,406 
39,920 
Taxes and social security
129,394 
97,992 
Other creditors
678 
550 
Loans from directors
3 
1,873 
Accruals
120,000 
291,000 
663,867 
531,083 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
16,892 
25,877 
Obligations under finance leases and hire purchase contracts
170,332 
200,572 
187,224 
226,449 
9
Average number of employees
During the year the average number of employees was 17 (2024: 15).
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