Company No: 01938445 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	187,841		187,486
		187,841		187,486
Current assets
Debtors
- due within one year	4	866,547		795,465
- due after more than one year	4	50,000		50,000
Cash at bank and in hand		1,009,773		946,805
		1,926,320		1,792,270
Creditors: amounts falling due within one year	5	( 663,196)		( 506,685)
Net current assets		1,263,124		1,285,585
Total assets less current liabilities		1,450,965		1,473,071
Provision for liabilities		( 15,900)		( 15,000)
Net assets		1,435,065		1,458,071
Capital and reserves
Called-up share capital	6	1,000		1,000
Profit and loss account		1,434,065		1,457,071
Total shareholder's funds		1,435,065		1,458,071

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.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Aspect Windows (Western) Limited (registered number: 01938445) were approved and authorised for issue by the Director on 04 December 2025. They were signed on its behalf by:

Mr S Cooling Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Aspect Windows (Western) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 8 Apple Lane, Sowton 30 Trading Estate, Exeter, EX2 5GL, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Land and buildings	50 years straight line
Plant and machinery etc.	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	12		13

3. Tangible assets

	Land and buildings		Plant and machinery etc.		Total
	£		£		£
Cost
At 01 April 2024	204,028		15,166		219,194
Additions	2,814		7,727		10,541
At 31 March 2025	206,842		22,893		229,735
Accumulated depreciation
At 01 April 2024	22,613		9,095		31,708
Charge for the financial year	4,139		6,047		10,186
At 31 March 2025	26,752		15,142		41,894
Net book value
At 31 March 2025	180,090		7,751		187,841
At 31 March 2024	181,415		6,071		187,486

4. Debtors

	2025		2024
	£		£
Debtors: amounts falling due within one year
Trade debtors	66,757		52,729
Amounts owed by Group undertakings	583,264		584,249
Amounts owed by director	29,863		0
Prepayments	186,663		158,487
	866,547		795,465
Debtors: amounts falling due after more than one year
Other debtors	50,000		50,000

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	166,684		125,561
Accruals	33,475		21,287
Corporation tax	22,100		37,340
Other taxation and social security	3,014		18,126
Other creditors	437,923		304,371
	663,196		506,685

6. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
1,000 Ordinary shares of £ 1.00 each	1,000		1,000

7. Financial commitments

Commitments

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

	2025		2024
	£		£
within one year	14,481		3,208

8. Related party transactions

Transactions with owners holding a participating interest in the entity

	2025		2024
	£		£
Aspect Windows (Holdings) Limited	583,264		584,249

The loan is interest free and repayable on demand.

Transactions with the entity's director

	2025		2024
	£		£
Amounts due by Director	29,863		0

The loan is interest free and repayable on demand.