Company registration number: 07539636
Unaudited financial statements
for the year ended 31 December 2024
for
CGWC Limited
Pages for filing with the Registrar
Company registration number: 07539636
CGWC Limited
Balance sheet
as at 31 December 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 4 230,897 252,863
230,897 252,863
Current assets
Debtors 13,816 34,136
Cash at bank and in hand 438,837 497,731
452,653 531,867
Creditors: amounts falling due within one
year
(147,811) (215,660)
Net current assets 304,842 316,207
Total assets less current liabilities 535,739 569,070
NET ASSETS 535,739 569,070
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 534,739 568,070
TOTAL EQUITY 535,739 569,070
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 December 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 07539636
CGWC Limited
Balance sheet - continued
as at 31 December 2024
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mrs S Lightfoot, Director
25 August 2025
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CGWC Limited
Notes to the financial statements
for the year ended 31 December 2024
1 Company information
CGWC Limited is a private company registered in England and Wales. Its registered number is 07539636. The company is limited by shares. Its registered office is Camberley Glass & Windows, 453 London Road, Camberley, Surrey, GU15 3JA.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property - 0% reducing balance
Plant and machinery etc.:
Plant and machinery - 25% reducing balance
Fixtures & fittings - 25% reducing balance
Computer equipment - 25% reducing balance
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
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CGWC Limited
Notes to the financial statements - continued
for the year ended 31 December 2024
2 Accounting policies - continued
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 14 (2023 - 16).
4 Tangible fixed assets
Land and
buildings
Plant and
machinery
etc.
Totals
£ £ £
Cost
At 1 January 2024 165,000 185,377 350,377
At 31 December 2024 165,000 185,377 350,377
Depreciation
At 1 January 2024 - 97,514 97,514
Charge for year - 21,966 21,966
At 31 December 2024 - 119,480 119,480
Net book value
At 31 December 2024 165,000 65,897 230,897
At 31 December 2023 165,000 87,863 252,863
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