Symphony (Windows, Doors & Conservatories) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03591365

Symphony (Windows, Doors & Conservatories) Limited

Unaudited financial statements

31 March 2025

Symphony (Windows, Doors & Conservatories) Limited

Statement of financial position

31 March 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		130,295		113,239

Current assets

Stocks		995,196	870,492
Debtors	6	3,876,274	3,005,230
Cash at bank and in hand		1,977,704	600,616
		-----------	-----------
		6,849,174	4,476,338

Prepayments and accrued income	28,860		15,387

Creditors: Amounts falling due within one year	7	( 1,617,477)		( 1,407,275)
		-----------		-----------
Net current assets			5,260,557		3,084,450
			-----------		-----------
Total assets less current liabilities			5,390,852		3,197,689

Creditors: Amounts falling due after more than one year	8		( 28,333)		( 198,333)

Provisions

Taxation including deferred tax		( 25,079)		( 20,530)

Accruals and deferred income	( 3,153,124)	( 1,238,274)
	-----------	-----------
Net assets	2,184,316	1,740,552
	-----------	-----------

Capital and reserves

Called up share capital	1,000	1,000
Profit and loss account	2,183,316	1,739,552
	-----------	-----------
Shareholders funds	2,184,316	1,740,552
	-----------	-----------

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.

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.

Directors' 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Symphony (Windows, Doors & Conservatories) Limited

Statement of financial position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 2 September 2025 , and are signed on behalf of the board by:

Mr P T Gavin

Director

Company registration number: 03591365

Symphony (Windows, Doors & Conservatories) Limited

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 and Wales. The address of the registered office is Bankside 300, Peachman Way, Broadland Business Park, Norwich, Norfolk, NR7 0LB. The place of business is Unit 14, Salamanca Road, Tharston Industrial Estate, Long Stratton, Norfolk, NR15 2PF.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the 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.

Revenue recognition

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.

Income tax

Provision is made, under the liability method, to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences .

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and 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 equity, 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 equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity 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:

Freehold property	-	20% straight line
Plant and machinery	-	10% reducing balance
Motor vehicles	-	25% reducing balance
Computer equipment	-	33% straight line

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 stock to its 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 as a finance cost 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 as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of employees during the year was 30 (2024: 31 ).

5. Tangible assets

	Land and buildings	Plant and machinery	Motor vehicles	Equipment	Total
	£	£	£	£	£
Cost
At 1 April 2024	66,363	227,156	212,393	22,545	528,457
Additions	–	–	37,357	5,156	42,513
Disposals	–	–	( 56,057)	–	( 56,057)
	-------	---------	---------	-------	---------
At 31 March 2025	66,363	227,156	193,693	27,701	514,913
	-------	---------	---------	-------	---------
Depreciation
At 1 April 2024	66,347	148,523	180,613	19,735	415,218
Charge for the year	–	7,866	8,374	1,943	18,183
Disposals	–	–	( 48,783)	–	( 48,783)
	-------	---------	---------	-------	---------
At 31 March 2025	66,347	156,389	140,204	21,678	384,618
	-------	---------	---------	-------	---------
Carrying amount
At 31 March 2025	16	70,767	53,489	6,023	130,295
	-------	---------	---------	-------	---------
At 31 March 2024	16	78,633	31,780	2,810	113,239
	-------	---------	---------	-------	---------

6. Debtors

	2025	2024
	£	£
Trade debtors	226,641	374,676
Amounts owed by group undertakings	2,081,383	1,258,178
Other debtors	1,568,250	1,372,376
	-----------	-----------
	3,876,274	3,005,230
	-----------	-----------

7. Creditors: Amounts falling due within one year

	2025	2024
	£	£
Bank loans	170,000	170,000
Trade creditors	1,185,260	1,089,578
Social security and other taxes	256,108	146,514
Other creditors	6,109	1,183
	-----------	-----------
	1,617,477	1,407,275
	-----------	-----------

8. Creditors: Amounts falling due after more than one year

	2025	2024
	£	£
Bank loans	28,333	198,333
	-------	---------

9. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	96,000	96,000
Later than 1 year and not later than 5 years	25,412	121,412
	---------	---------
	121,412	217,412
	---------	---------