Somerglaze Windows Ltd - Filleted accounts

Registered number

06698467

Somerglaze Windows Ltd

Filleted Accounts

31 March 2025

Somerglaze Windows Ltd
Registered number:		06698467
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		45,034			33,998

Current assets
Stocks		600			600
Debtors	4	504			33,398
Cash at bank and in hand		1,807			68,182
		2,911			102,180

Creditors: amounts falling due within one year	5	(20,388)			(102,005)

Net current (liabilities)/assets			(17,477)			175

Total assets less current liabilities			27,557			34,173


Provisions for liabilities			(6,585)			(4,261)


Net assets			20,972			29,912

Capital and reserves
Called up share capital			100			100
Profit and loss account			20,872			29,812

Shareholders' funds			20,972			29,912

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr Gary Hembrow
Director
Approved by the board on 29 August 2025

Somerglaze Windows Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			25% reducing balance
	Motor Vehicles			25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					1		1


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	13,766		41,844		30,033		85,643
	Additions	-		2,108		31,600		33,708
	Disposals	-		-		(29,033)		(29,033)
	At 31 March 2025	13,766		43,952		32,600		90,318

	Depreciation
	At 1 April 2024	-		34,610		17,035		51,645
	Charge for the year	-		2,336		8,088		10,424
	On disposals	-		-		(16,785)		(16,785)
	At 31 March 2025	-		36,946		8,338		45,284

	Net book value
	At 31 March 2025	13,766		7,006		24,262		45,034
	At 31 March 2024	13,766		7,234		12,998		33,998


4	Debtors					2025		2024
£							£

	Trade debtors					-		33,398
	Other debtors					504		-
						504		33,398


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Directors loan account					8		1,443
	Trade creditors					11,762		20,074
	Taxation and social security costs					7,368		27,143
	Other creditors					1,250		53,345
						20,388		102,005


6	Other information

	Somerglaze Windows Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Panborough House
	Panborough
	Wells
	Somerset
	BA5 1PN