Elglaze Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03990147

Elglaze Limited

Unaudited financial statements

31 July 2025

Elglaze Limited

Statement of financial position

31 July 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		73,023		93,328

Current assets

Stocks		12,150	12,150
Debtors	6	688,185	611,958
Cash at bank and in hand		44,387	109,146
		---------	---------
		744,722	733,254

Creditors: Amounts falling due within one year	7	( 563,823)		( 591,940)
		---------		---------
Net current assets			180,899		141,314
			---------		---------
Total assets less current liabilities			253,922		234,642

Creditors: Amounts falling due after more than one year	8		( 48,059)		( 29,721)

Provisions

Taxation including deferred tax	( 18,204)	( 23,284)
	---------	---------
Net assets	187,659	181,637
	---------	---------

Capital and reserves

Called up share capital	1,000	1,000
Profit and loss account	186,659	180,637
	---------	---------
Shareholders funds	187,659	181,637
	---------	---------

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 July 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 .

Elglaze Limited

Statement of financial position (continued)

31 July 2025

These financial statements were approved by the board of directors and authorised for issue on 1 October 2025 , and are signed on behalf of the board by:

S Martin

Director

Company registration number: 03990147

Elglaze Limited

Notes to the financial statements

Year ended 31 July 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 First Floor Suite, 2 Hillside Business Park. Suffolk, IP32 7EA. The trading address of the company is Unit 7, Meadow Drove Industrial Estate, Earith, Cambridgeshire, PE28 3QF.

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.

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:

Land and buildings	-	12% straight line
Plant and machinery	-	20% straight line
Fixtures and fittings	-	20% straight line
Motor vehicles	-	25% 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.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

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 4 (2024: 4 ).

5. Tangible assets

	Land and buildings	Plant and machinery	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£	£
Cost
At 1 August 2024	52,696	3,462	25,078	166,961	248,197
Additions	–	–	1,620	59,238	60,858
Disposals	( 52,696)	–	( 6,527)	( 92,800)	( 152,023)
	-------	------	-------	---------	---------
At 31 July 2025	–	3,462	20,171	133,399	157,032
	-------	------	-------	---------	---------
Depreciation
At 1 August 2024	52,696	3,462	15,521	83,190	154,869
Charge for the year	–	–	4,008	35,580	39,588
Disposals	( 52,696)	–	( 6,527)	( 51,225)	( 110,448)
	-------	------	-------	---------	---------
At 31 July 2025	–	3,462	13,002	67,545	84,009
	-------	------	-------	---------	---------
Carrying amount
At 31 July 2025	–	–	7,169	65,854	73,023
	-------	------	-------	---------	---------
At 31 July 2024	–	–	9,557	83,771	93,328
	-------	------	-------	---------	---------

6. Debtors

	2025	2024
	£	£
Trade debtors	390,295	388,747
Amounts owed by group undertakings	180,419	110,944
Other debtors	117,471	112,267
	---------	---------
	688,185	611,958
	---------	---------

7. Creditors: Amounts falling due within one year

	2025	2024
	£	£
Trade creditors	114,470	148,631
Social security and other taxes	57,307	70,431
Other creditors	392,046	372,878
	---------	---------
	563,823	591,940
	---------	---------

Obligations under hire purchase agreements of £12,675 (2024: £20,603) are secured on the assets concerned.

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

	2025	2024
	£	£
Other creditors	48,059	29,721
	-------	-------

Obligations under hire purchase agreements of £48,059 (2024: £29,721) are secured on the assets concerned.

9. Operating leases

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

	2025	2024
	£	£
Not later than 1 year	15,600	–
Later than 1 year and not later than 5 years	45,500	–
	-------	----
	61,100	–
	-------	----