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Registered number: 10658675
Discount Windows & Conservatories Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
P A Rushton Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 10658675
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 40,000 60,000
Tangible Assets 5 55,861 69,547
95,861 129,547
CURRENT ASSETS
Stocks 6 1,922 8,770
Debtors 7 74,829 133,900
Cash at bank and in hand 391,232 420,747
467,983 563,417
Creditors: Amounts Falling Due Within One Year 8 (140,988 ) (156,381 )
NET CURRENT ASSETS (LIABILITIES) 326,995 407,036
TOTAL ASSETS LESS CURRENT LIABILITIES 422,856 536,583
Creditors: Amounts Falling Due After More Than One Year 9 (50,200 ) (65,069 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,405 ) -
NET ASSETS 371,251 471,514
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account 371,151 471,414
SHAREHOLDERS' FUNDS 371,251 471,514
Page 1
Page 2
For the 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.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Helen Swinbourne
Director
Mr Steven Swinbourne
Director
30/07/2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Discount Windows & Conservatories Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10658675 . The registered office is Kenilworth, Rectory Road, Clacton-on-sea, Essex, CO16 9BH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. 
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of 10 years.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are the business website and this is amortised to the profit and loss account over its estimated economic life of 5 years.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% on a reducing balance basis
Motor Vehicles 20% on a reducing balance basis
Fixtures & Fittings 25% on a reducing balance basis
Computer Equipment 33.3% on a cost basis
2.6. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.7. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. 
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2.8. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 5)
4 5
4. Intangible Assets
Goodwill Other Total
£ £ £
Cost
As at 1 April 2024 200,000 2,800 202,800
As at 31 March 2025 200,000 2,800 202,800
Amortisation
As at 1 April 2024 140,000 2,800 142,800
Provided during the period 20,000 - 20,000
As at 31 March 2025 160,000 2,800 162,800
Net Book Value
As at 31 March 2025 40,000 - 40,000
As at 1 April 2024 60,000 - 60,000
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 21,118 75,000 5,211 6,621 107,950
Additions - - - 1,122 1,122
As at 31 March 2025 21,118 75,000 5,211 7,743 109,072
...CONTINUED
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Page 5
Depreciation
As at 1 April 2024 14,160 15,000 2,835 6,408 38,403
Provided during the period 1,739 12,000 488 581 14,808
As at 31 March 2025 15,899 27,000 3,323 6,989 53,211
Net Book Value
As at 31 March 2025 5,219 48,000 1,888 754 55,861
As at 1 April 2024 6,958 60,000 2,376 213 69,547
6. Stocks
2025 2024
£ £
Stock 1,922 8,770
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 56,521 71,563
Prepayments and accrued income 1,251 -
Other debtors 1,672 400
Deferred tax current asset - 130
Directors' loan accounts 15,285 61,707
Called up share capital not paid 100 100
74,829 133,900
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 3,916 2,207
Trade creditors 20,510 32,825
Bank loans and overdrafts 10,951 9,835
Corporation tax 72,762 73,739
Other taxes and social security 2,188 2,684
VAT 28,548 32,884
Sundry creditors 370 370
Pensions Due 243 337
Accruals and deferred income 1,500 1,500
140,988 156,381
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 48,343 52,259
Bank loans 1,857 12,810
50,200 65,069
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10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 3,916 2,207
Later than one year and not later than five years 48,343 52,259
52,259 54,466
52,259 54,466
11. Share Capital
2025 2024
£ £
Called Up Share Capital not Paid 100 100
Amount of Allotted, Called Up Share Capital 100 100
12. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mrs Helen Swinbourne 31,325 125,149 147,000 - 9,474
Mr Steven Swinbourne 30,383 122,783 147,355 - 5,811
The above loan is unsecured, interest free and repayable on demand.
Dividends paid to directors
2025 2024
£ £
Mrs Helen Swinbourne 147,000 105,000
Mr Steven Swinbourne 147,000 105,000
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