REGISTERED NUMBER: 04394904 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

GLAZE-TECH SERVICES LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

59,848

71,227

CURRENT ASSETS

Stocks

8,635

8,635

Debtors: amounts falling due within one year

5

71,946

79,185

Cash at bank

197,993

265,671

278,574

353,491

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

6

(42,000

)

(60,918

)

NET CURRENT ASSETS

236,574

292,573

TOTAL ASSETS LESS CURRENT LIABILITIES

296,422

363,800

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

7

(4,947

)

(7,382

)

PROVISIONS FOR LIABILITIES

(14,962

)

(17,807

)

NET ASSETS

276,513

338,611

CAPITAL AND RESERVES

Called up share capital

60

60

Capital redemption reserve

80

80

Retained earnings

276,373

338,471

276,513

338,611

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 December 2025 and were signed on its behalf by:

J Gilham - Director

P M Gilham - Director

1.	STATUTORY INFORMATION

Glaze-Tech Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04394904

Registered office:

Unit 8, 2M Trade Park

Beddow Way

Aylesford

Maidstone

Kent

ME20 7BT

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

The company supplies, fits and repairs uPVC windows, doors and conservatories. Revenue from the sales of goods are delivered / fitted and legal title is passed.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location & condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Financial instruments

The company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

1,873

2,094

146,036

2,807

152,810

Additions

-

-

28,998

570

29,568

Disposals

-

-

(27,995

)

-

(27,995

)

At 31 March 2025

1,873

2,094

147,039

3,377

154,383

DEPRECIATION

At 1 April 2024

819

1,961

76,208

2,595

81,583

Charge for year

264

33

19,458

196

19,951

Eliminated on disposal

-

-

(6,999

)

-

(6,999

)

At 31 March 2025

1,083

1,994

88,667

2,791

94,535

NET BOOK VALUE

At 31 March 2025

790

100

58,372

586

59,848

At 31 March 2024

1,054

133

69,828

212

71,227

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

61,028

69,161

Other debtors

10,918

10,024

71,946

79,185

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Hire purchase contracts

5,088

4,858

Trade creditors

12,491

12,011

Taxation and social security

19,785

33,678

Other creditors

4,636

10,371

42,000

60,918

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Hire purchase contracts

4,947

7,382