Company Registration number: 05281966

Kevin Dickinson UPVC Limited

Contents

Pages

Balance sheet	1 to 2
Notes to the financial statements	3 to 7

Kevin Dickinson UPVC Limited

Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	-	20,063
Current assets
Stocks	5	-	17,029
Debtors	6	219,933	337,062
Cash at bank and in hand		373,296	351,881
		593,229	705,972
Creditors: Amounts falling due within one year	7	(25,967)	(18,706)
Net current assets		567,262	687,266
Total assets less current liabilities		567,262	707,329
Provisions for liabilities		-	(3,813)
Net assets		567,262	703,516
Capital and reserves
Called up share capital		104	104
Retained earnings		567,158	703,412
Shareholders' funds		567,262	703,516

Kevin Dickinson UPVC Limited

Balance Sheet as at 31 March 2025 (continued)

For the financial 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Company registration number: 05281966

Approved and authorised by the Board on 30 May 2025 and signed on its behalf by:
 

......................................... Mr K M Dickinson Director

......................................... Mrs A J Dickinson Company secretary and director

Kevin Dickinson UPVC Limited

Notes to the financial statements for the Year Ended 31 March 2025

1	GENERAL INFORMATION

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Unit 6
Peart Road
Derwent Howe
Workington
CA14 3YT

These financial statements were authorised for issue by the Board on 30 May 2025.

2	ACCOUNTING POLICIES

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity. Monetary amounts in these financial statements are rounded to the nearest £.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Actual results may differ from these estimates.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Kevin Dickinson UPVC Limited

Notes to the financial statements for the Year Ended 31 March 2025 (continued)

2	ACCOUNTING POLICIES (continued)

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
 

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures, fittings and equipment	25% straight line
Motor vehicles	25% straight line

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Kevin Dickinson UPVC Limited

Notes to the financial statements for the Year Ended 31 March 2025 (continued)

2	ACCOUNTING POLICIES (continued)

Financial instruments

Classification
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
 Recognition and measurement
Basic financial instruments are initially recognised at the transaction price.
 Impairment
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

3	STAFF NUMBERS

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 4).

Kevin Dickinson UPVC Limited

Notes to the financial statements for the Year Ended 31 March 2025 (continued)

4	TANGIBLE ASSETS

	Motor vehicles  £	Fixtures, fittings and equipment £	Total £
Cost or valuation
At 1 April 2024	62,918	16,061	78,979
Disposals	(62,918)	(16,061)	(78,979)
At 31 March 2025	-	-	-
Depreciation
At 1 April 2024	43,558	15,358	58,916
Eliminated on disposal	(43,558)	(15,358)	(58,916)
At 31 March 2025	-	-	-
Carrying amount
At 31 March 2025	-	-	-
At 31 March 2024	19,360	703	20,063

5

STOCKS

	2025 £	2024 £
Work in progress	-	11,168
Stocks	-	5,861
	-	17,029

6

DEBTORS

Current	2025 £	2024 £
Trade debtors	6,695	87,923
Prepayments	4,108	4,688
Other debtors	209,130	244,451
	219,933	337,062

Kevin Dickinson UPVC Limited

Notes to the financial statements for the Year Ended 31 March 2025 (continued)

7

CREDITORS

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	5,447	8,966
Taxation and social security	16,296	6,030
Accruals and deferred income	4,224	3,710
	25,967	18,706

8	RELATED PARTY TRANSACTIONS

Transactions with directors

2025	At 1 April 2024 £	Advances to director £	At 31 March 2025 £
Mr K M Dickinson
Directors loan account	67,999	12,047	80,046
Mrs A J Dickinson
Directors loan account	67,998	12,048	80,046

2024	At 1 April 2023 £	Advances to director £	Repayments by director £	At 31 March 2024 £
Mr K M Dickinson
Directors loan account	67,557	41,719	(41,277)	67,999
Mrs A J Dickinson
Directors loan account	67,557	41,718	(41,277)	67,998