FORTH WINDOWS & DOORS LTD


Director	Sean Hardie


Registered Address	Unit T Telford Road
	Eastfield Industrial Estate
	Glenrothes
	KY7 4NX


Registered Number	SC437247 (Scotland)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Intangible assets	3		9,084		10,284
Tangible assets	4		501,857		483,625
Investments	5		11,313		11,313
			522,254		505,222
Current assets
Stocks		270,343		347,648
Debtors	6	1,645,379		963,296
Cash at bank and on hand		763,831		972,937
		2,679,553		2,283,881
Creditors amounts falling due within one year	7	(593,282)		(459,637)
Net current assets (liabilities)			2,086,271		1,824,244
Total assets less current liabilities			2,608,525		2,329,466
Provisions for liabilities			(23,113)		(20,613)
Net assets			2,585,412		2,308,853
Capital and reserves
Called up share capital			1		1
Profit and loss account			2,585,411		2,308,852
Shareholders' funds			2,585,412		2,308,853

The company was entitled to exemption from audit for this reporting period 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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 26 August 2025, and are signed on its behalf by:

Sean Hardie
Director
Registered Company No. SC437247

FORTH WINDOWS & DOORS LTD

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

	Employee benefits
	The company operates a defined contribution pension scheme. Contributions payable to the companys pension scheme are charged to profit or loss in the period to which they relate.

	Current 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.

Current 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.

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.

	Intangible assets
	Intangible assets, being the Company domain name, are being amortised over ten years.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Freehold Property - straight line over 50 years Improvements to property - straight line over 50 years Plant & Machinery - 15% on reducing balance Fixtures & Fittings - 25% on cost and 10% on cost Motor Vehicles - 25% on reducing balance

	Investments
	Fixed asset investments are stated at cost less provision for any diminution in value.

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

2.	Average number of employees


		2024		2023
	Average number of employees during the year	26		30

3.	Intangible assets

	Goodwill	Other	Total
	£	£	£
Cost or valuation
At 01 January 24	22,400	12,000	34,400
At 31 December 24	22,400	12,000	34,400
Amortisation and impairment
At 01 January 24	22,400	1,716	24,116
Charge for year	-	1,200	1,200
At 31 December 24	22,400	2,916	25,316
Net book value
At 31 December 24	-	9,084	9,084
At 31 December 23	-	10,284	10,284

4.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Fixtures & fittings	Total
	£	£	£	£	£
Cost or valuation
At 01 January 24	460,291	19,442	106,133	163,389	749,255
Additions	22,688	2,704	42,755	3,179	71,326
Disposals	-	-	(28,533)	-	(28,533)
At 31 December 24	482,979	22,146	120,355	166,568	792,048
Depreciation and impairment
At 01 January 24	64,305	8,912	58,899	133,514	265,630
Charge for year	9,267	1,785	18,899	16,990	46,941
On disposals	-	-	(22,380)	-	(22,380)
At 31 December 24	73,572	10,697	55,418	150,504	290,191
Net book value
At 31 December 24	409,407	11,449	64,937	16,064	501,857
At 31 December 23	395,986	10,530	47,234	29,875	483,625

5.	Fixed asset investments

	Other investments¹	Total
	£	£
Cost or valuation
At 01 January 24	11,313	11,313
At 31 December 24	11,313	11,313
Net book value
At 31 December 24	11,313	11,313
At 31 December 23	11,313	11,313

	Notes
	¹Other investments other than loans

6.	Debtors: amounts due within one year

	2024	2023
	£	£
Trade debtors / trade receivables	363,658	354,152
Other debtors	1,278,271	597,403
Prepayments and accrued income	3,450	11,741
Total	1,645,379	963,296

7.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	302,491	221,062
Taxation and social security	264,733	214,242
Other creditors	17,022	15,384
Accrued liabilities and deferred income	9,036	8,949
Total	593,282	459,637


	The Royal Bank of Scotland holds a fixed and floating charge over the assets of the Company.

8.	Creditors: amounts due after one year
	The Royal Bank of Scotland holds a fixed and floating charge over the assets of the Company.