IRIS Accounts Production v25.2.0.378 SC260015 director 1.1.24 31.12.24 31.12.24 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC260015 2023-12-31 SC260015 2024-12-31 SC260015 2024-01-01 2024-12-31 SC260015 2022-12-31 SC260015 2023-01-01 2023-12-31 SC260015 2023-12-31 SC260015 ns15:Scotland 2024-01-01 2024-12-31 SC260015 ns14:PoundSterling 2024-01-01 2024-12-31 SC260015 ns10:Director1 2024-01-01 2024-12-31 SC260015 ns10:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 SC260015 ns10:SmallEntities 2024-01-01 2024-12-31 SC260015 ns10:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 SC260015 ns10:SmallCompaniesRegimeForDirectorsReport 2024-01-01 2024-12-31 SC260015 ns10:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 SC260015 ns10:FullAccounts 2024-01-01 2024-12-31 SC260015 1 2024-01-01 2024-12-31 SC260015 ns10:CompanySecretary1 2024-01-01 2024-12-31 SC260015 ns10:RegisteredOffice 2024-01-01 2024-12-31 SC260015 ns5:CurrentFinancialInstruments 2024-12-31 SC260015 ns5:CurrentFinancialInstruments 2023-12-31 SC260015 ns5:Non-currentFinancialInstruments 2024-12-31 SC260015 ns5:Non-currentFinancialInstruments 2023-12-31 SC260015 ns5:ShareCapital 2024-12-31 SC260015 ns5:ShareCapital 2023-12-31 SC260015 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 SC260015 ns5:RetainedEarningsAccumulatedLosses 2023-12-31 SC260015 ns5:IntangibleAssetsOtherThanGoodwill 2024-01-01 2024-12-31 SC260015 ns5:LeaseholdImprovements 2024-01-01 2024-12-31 SC260015 ns5:PlantMachinery 2024-01-01 2024-12-31 SC260015 ns5:ComputerEquipment 2024-01-01 2024-12-31 SC260015 ns5:NetGoodwill 2023-12-31 SC260015 ns5:NetGoodwill 2024-01-01 2024-12-31 SC260015 ns5:NetGoodwill 2024-12-31 SC260015 ns5:NetGoodwill 2023-12-31 SC260015 ns5:LeaseholdImprovements 2023-12-31 SC260015 ns5:PlantMachinery 2023-12-31 SC260015 ns5:ComputerEquipment 2023-12-31 SC260015 ns5:LeaseholdImprovements 2024-12-31 SC260015 ns5:PlantMachinery 2024-12-31 SC260015 ns5:ComputerEquipment 2024-12-31 SC260015 ns5:LeaseholdImprovements 2023-12-31 SC260015 ns5:PlantMachinery 2023-12-31 SC260015 ns5:ComputerEquipment 2023-12-31 SC260015 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 SC260015 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2023-12-31 SC260015 1 ns10:Director1 2023-12-31 SC260015 1 ns10:Director1 2022-12-31 SC260015 1 ns10:Director1 2024-01-01 2024-12-31 SC260015 1 ns10:Director1 2023-01-01 2023-12-31 SC260015 1 ns10:Director1 2024-12-31 SC260015 1 ns10:Director1 2023-12-31

REGISTERED NUMBER: SC260015 (Scotland)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 DECEMBER 2024 |

| FOR |

| UNIVERSAL WINDOWS & DOORS LIMITED |

UNIVERSAL WINDOWS & DOORS LIMITED (REGISTERED NUMBER: SC260015) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| UNIVERSAL WINDOWS & DOORS LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2024

| DIRECTOR: | J Allan

| SECRETARY: | C Allan

| REGISTERED OFFICE: | Stanley House

| 69/71 Hamilton Road

| Motherwell

| ML1 3DG

| BUSINESS ADDRESS: | 129 Holytown Road

| Bellshill

| ML3 6JT

| REGISTERED NUMBER: | SC260015 (Scotland)

| ACCOUNTANTS: | McDaid & Partners

| Stanley House

| 69/71 Hamilton Road

| Motherwell

| Lanarkshire

| ML1 3DG

UNIVERSAL WINDOWS & DOORS LIMITED (REGISTERED NUMBER: SC260015) |

BALANCE SHEET

31 DECEMBER 2024

| 31.12.24 | 31.12.23 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | 1 |  |

Tangible assets | 5 | 20,451 |  | 25,167 |  |

20,451 |  | 25,168 |  |

CURRENT ASSETS

Stocks | 10,000 |  | 10,000 |  |

Debtors | 6 | 251,500 |  | 313,928 |  |

Cash at bank and in hand | 56,320 |  | 60,642 |  |

317,820 |  | 384,570 |  |

CREDITORS

Amounts falling due within one year | 7 | 157,755 |  | 195,925 |  |

NET CURRENT ASSETS | 160,065 |  | 188,645 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 180,516 |  | 213,813 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (4,167 | ) | (14,167 | ) |

PROVISIONS FOR LIABILITIES | (1,289 | ) | (1,250 | ) |

NET ASSETS | 175,060 |  | 198,396 |  |

CAPITAL AND RESERVES

Called up share capital | 2 |  | 2 |  |

Retained earnings | 175,058 |  | 198,394 |  |

175,060 |  | 198,396 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

UNIVERSAL WINDOWS & DOORS LIMITED (REGISTERED NUMBER: SC260015) |

BALANCE SHEET - continued

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 March 2025 and were signed by:

J Allan - Director

UNIVERSAL WINDOWS & DOORS LIMITED (REGISTERED NUMBER: SC260015) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1. | STATUTORY INFORMATION

| Universal Windows & Doors Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention.

| Turnover

| Turnover is stated net of VAT and trade discounts. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where the contract has only been partially completed at the balance sheet date turnover represents the value of the service provided to date based on a proportion of the total contract value. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Property improvements | - | Straight line over 20 years

| Plant & machinery | - | 25% on reducing balance

| Computer equipment | - | 20% on cost

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Financial instruments

| Trade debtors

| Trade debtors are amounts due from customers for goods or services performed in the ordinary course of business.

| Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

| Trade Creditors

| Trade creditors are amounts due to suppliers for goods or services obtained in the ordinary course of business.

| Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

| Cash

| Cash and cash equivalents are basic financial assets and include cash on hand, deposits held at call with banks, other short-term liquid investments and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

UNIVERSAL WINDOWS & DOORS LIMITED (REGISTERED NUMBER: SC260015) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

2. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred 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.

| Deferred tax

| 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.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 10 (2023 - 10 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 January 2024

| and 31 December 2024 | 30,000 |  |

| AMORTISATION

| At 1 January 2024 | 29,999 |  |

| Amortisation for year | 1 |  |

| At 31 December 2024 | 30,000 |  |

| NET BOOK VALUE

| At 31 December 2024 | - |  |

| At 31 December 2023 | 1 |  |

UNIVERSAL WINDOWS & DOORS LIMITED (REGISTERED NUMBER: SC260015) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

5. | TANGIBLE FIXED ASSETS

| Property |  | Plant & |  | Computer |

| improvements |  | machinery |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 January 2024

| and 31 December 2024 | 72,485 |  | 66,093 |  | 4,295 |  | 142,873 |  |

| DEPRECIATION

| At 1 January 2024 | 51,687 |  | 61,724 |  | 4,295 |  | 117,706 |  |

| Charge for year | 3,624 |  | 1,092 |  | - |  | 4,716 |  |

| At 31 December 2024 | 55,311 |  | 62,816 |  | 4,295 |  | 122,422 |  |

| NET BOOK VALUE

| At 31 December 2024 | 17,174 |  | 3,277 |  | - |  | 20,451 |  |

| At 31 December 2023 | 20,798 |  | 4,369 |  | - |  | 25,167 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.24 |  | 31.12.23

£ | £ |

| Trade debtors | - |  | 42,428 |  |

| Other debtors | 251,500 |  | 271,500 |  |

251,500 |  | 313,928 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.24 |  | 31.12.23

£ | £ |

| Bank loans and overdrafts | 10,000 |  | 10,000 |  |

| Trade creditors | 28,775 |  | 10,388 |  |

| Taxation and social security | 19,556 |  | 41,660 |  |

| Other creditors | 99,424 |  | 133,877 |  |

157,755 |  | 195,925 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.12.24 |  | 31.12.23

£ | £ |

| Bank loans | 4,167 |  | 14,167 |  |

9. | OTHER FINANCIAL COMMITMENTS

| The total amount of lease commitments is £27,445 (2023 £21,108).

UNIVERSAL WINDOWS & DOORS LIMITED (REGISTERED NUMBER: SC260015) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

10. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

| 31.12.24 |  | 31.12.23

£ | £ |

| J Allan

| Balance outstanding at start of year | 1,743 |  | 663 |  |

| Amounts advanced | 2,720 |  | 66,175 |  |

| Amounts repaid | (3,482 | ) | (65,095 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 981 |  | 1,743 |  |

| Loan from director is interest free and repayable on demand.

11. | RELATED PARTY DISCLOSURES

| C Allan & J Allan are 100% shareholders of Calmac Properties Limited. Included within other debtors is a balance of £251,500 (2023: £271,500) due from the company.