Glass Northwest Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 14550742

		31 December 2024		31 December 2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		85,886		97,028

			85,886		97,028
CURRENT ASSETS
Stocks	5	201,891		54,391
Debtors	6	277,043		183,145
Cash at bank and in hand		3,494		18,452

		482,428		255,988
Creditors: Amounts Falling Due Within One Year	7	(320,010 )		(214,787 )

NET CURRENT ASSETS (LIABILITIES)			162,418		41,201

TOTAL ASSETS LESS CURRENT LIABILITIES			248,304		138,229

Creditors: Amounts Falling Due After More Than One Year	8		(162,423 )		(171,823 )

NET ASSETS/(LIABILITIES)			85,881		(33,594 )

CAPITAL AND RESERVES
Called up share capital	9		1		1
Profit and Loss Account			85,880		(33,595 )

SHAREHOLDERS' FUNDS			85,881		(33,594)

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Glass Northwest Ltd

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Christopher Wiggins

Director

29/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Glass Northwest Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14550742 . The registered office is Unit 3/4 West Float, Dock Road, Birkenhead, Merseyside, CH41 1AE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	10% Straight Line
Motor Vehicles	15% Reducing Balance
Fixtures & Fittings	5% Straight Line
Computer Equipment	n/a

No Depreciation as all assets where purchases within 9 months or earlier to year end.

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 25 (2023: 21)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 January 2024	62,028	25,500	9,500	97,028

As at 31 December 2024	62,028	25,500	9,500	97,028

...CONTINUED

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Glass Northwest Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Depreciation
As at 1 January 2024	-	-	-	-
Provided during the period	6,842	3,825	475	11,142

As at 31 December 2024	6,842	3,825	475	11,142

Net Book Value
As at 31 December 2024	55,186	21,675	9,025	85,886

As at 1 January 2024	62,028	25,500	9,500	97,028

5. Stocks

	31 December 2024	31 December 2023
	£	£
Materials	110,208	30,208
Work in progress	91,683	24,183

	201,891	54,391

6. Debtors

	31 December 2024	31 December 2023
	£	£
Due within one year
Trade debtors	269,963	183,145
Other debtors	7,080	-

	277,043	183,145

7. Creditors: Amounts Falling Due Within One Year

	31 December 2024	31 December 2023
	£	£
Trade creditors	206,886	74,892
Other creditors	11,032	9,167
Taxation and social security	102,092	130,728

	320,010	214,787

8. Creditors: Amounts Falling Due After More Than One Year

	31 December 2024	31 December 2023
	£	£
Other loans	111,000	121,000
Other creditors	51,423	50,823

	162,423	171,823

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Glass Northwest Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

9. Share Capital

	31 December 2024	31 December 2023
	£	£
Allotted, Called up and fully paid	1	1

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