| Registered number: 02548272 | ||||||||
| FOR THE YEAR ENDED 30/06/2025 | ||||||||
| Prepared By: | ||||||||
| Brody Lee Kershaw Ltd | ||||||||
| Chartered Accountants | ||||||||
| Suite 2 1st Floor Metropolitan House | ||||||||
| Station Road | ||||||||
| Cheadle Hulme | ||||||||
| Cheshire | ||||||||
| SK8 7AZ | ||||||||
| S.G.I. (Safety Glass Industries) Limited | ||||||||
| ACCOUNTS | ||||||||
| FOR THE YEAR ENDED 30/06/2025 | ||||||||
| DIRECTORS | ||||||||
| SECRETARY | ||||||||
| REGISTERED OFFICE | ||||||||
| COMPANY DETAILS | ||||||||
| Private company limited by shares registered in EW - England and Wales, registered number 02548272 | ||||||||
| ACCOUNTANTS | ||||||||
| Brody Lee Kershaw Ltd | ||||||||
| Chartered Accountants | ||||||||
| Suite 2 1st Floor Metropolitan House | ||||||||
| Station Road | ||||||||
| Cheadle Hulme | ||||||||
| Cheshire | ||||||||
| SK8 7AZ | ||||||||
| S.G.I. (Safety Glass Industries) Limited | ||||||||
| ACCOUNTS | ||||||||
| FOR THEYEARENDED30/06/2025 | ||||||||
| CONTENTS | ||||||||
| Page | ||||||||
| Directors' Report | - | |||||||
| Statement Of Comprehensive Income | - | |||||||
| Balance Sheet | 3 | |||||||
| Notes To The Accounts | 4 | |||||||
| The following do not form part of the statutory financial statements: | ||||||||
| Trading And Profit And Loss Account | - | |||||||
| Profit And Loss Account Summaries | - | |||||||
| S.G.I. (Safety Glass Industries) Limited | ||||||||
| BALANCE SHEET AT | ||||||||||
| 2025 | 2024 | |||||||||
| Notes | £ | £ | ||||||||
| FIXED ASSETS | ||||||||||
| Tangible assets | 2 | |||||||||
| CURRENT ASSETS | ||||||||||
| Stock | ||||||||||
| Debtors | 4 | |||||||||
| Cash at bank and in hand | ||||||||||
| 1,038,056 | 979,059 | |||||||||
| CREDITORS: Amounts falling due within one year | 5 | |||||||||
| NET CURRENT ASSETS | 646,950 | |||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 7 | |||||||||
| Profit and loss account | 644,183 | 655,343 | ||||||||
| SHAREHOLDERS' FUNDS | ||||||||||
| Approved by the board on | ||||||||||
| ............................. | ||||||||||
| Director | ||||||||||
| S.G.I. (Safety Glass Industries) Limited | ||||||||
| NOTES TO THE ACCOUNTS | ||||||||||
| FOR THE YEAR ENDED 30/06/2025 | ||||||||||
| 1. ACCOUNTING POLICIES |
| 1a. Basis Of Accounting | ||||||||
| The accounts have been prepared under the historical cost convention. | ||||||||
| The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . | ||||||||
| 1b. Depreciation | ||||||||
| Plant and Machinery | reducing balance 25% | |||||||
| Fixtures and Fittings | reducing balance 25% | |||||||
| 1c. Stocks | ||||||||
| Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. | ||||||||
| When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs. | ||||||||
| 1d. Pension Costs | ||||||||
| The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. | ||||||||
| 1e. Research Development | ||||||||
| Expenditure on research and development is written off against profits in the year in which it is incurred. | ||||||||
| 1f. Leases | ||||||||
| Assets held under finance leases and hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of leasing payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease. All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term. | ||||||||
| S.G.I. (Safety Glass Industries) Limited | ||||||||
| 2. TANGIBLE FIXED ASSETS | ||||||
| Plant and | Fixtures | |||||
| Machinery | and Fittings | Total | ||||
| £ | £ | £ | ||||
| Cost | ||||||
| At 01/07/2024 | 105,913 | 58,534 | 164,447 | |||
| At 30/06/2025 | 105,913 | 58,534 | 164,447 | |||
| Depreciation | ||||||
| At 01/07/2024 | 102,193 | 53,761 | 155,954 | |||
| For the year | 930 | 1,193 | 2,123 | |||
| At 30/06/2025 | 103,123 | 54,954 | 158,077 | |||
| Net Book Amounts | ||||||
| At 30/06/2025 | 6,370 | |||||
| At 30/06/2024 | 8,493 | |||||
| 3. STOCK | 2025 | 2024 | ||||
| £ | £ | |||||
| Stock comprises: | ||||||
| Stock and work in progress at cost | ||||||
| 4. DEBTORS | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Amounts falling due within one year | ||||||||
| Trade debtors | 343,638 | 353,499 | ||||||
| Other debtors | 1,661 | 2,391 | ||||||
| Prepayments | 43,170 | 54,594 | ||||||
| Directors current account | 3,120 | - | ||||||
| 391,589 | 410,484 | |||||||
| S.G.I. (Safety Glass Industries) Limited | ||||||||
| 5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
| 2025 | 2024 | |||||||
| £ | £ | |||||||
| UK corporation tax | 43,923 | 8,328 | ||||||
| VAT | 39,200 | 61,441 | ||||||
| PAYE control | 12,349 | 12,663 | ||||||
| Directors current account | - | 1,503 | ||||||
| Loans | - | 53,418 | ||||||
| Trade creditors | 292,345 | 186,331 | ||||||
| Accruals | 12,326 | 8,425 | ||||||
| 400,143 | 332,109 | |||||||
| 6. EMPLOYEES | ||||||
| 2025 | 2024 | |||||
| No. | No. | |||||
| Average number of employees | 15 | |||||
| 7. SHARE CAPITAL | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 100 | 100 | |||||||
| 100 | 100 | |||||||
| 8. CONTROLLING PARTY | ||||||||
| 100% of the shares are held by S.G.I. Holdings Ltd, company number 16018110. | ||||||||
| S.G.I. (Safety Glass Industries) Limited | ||||||||
| 9. LEASE COMMITMENTS - OPERATING LEASES | ||||||||
| At 30th June 2025, the company had total commitments under non-cancellable operating leases as follows: Payable within 12 months £120,963 Payable after 1 year but less than 5 years £27,659 | ||||||||