Registration number: 03261140

R & D Glass Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

R & D Glass Limited

Company Information

Directors

Mr R H Pauli Mrs D M Pauli

Registered office

Stourton Farmhouse Greensforge Lane Stourton Stourbridge West Midlands DY7 5BD

Accountants

Neil Westwood & Co Chartered Accountants101 Dixons Green Road Dudley West Midlands DY2 7DJ

R & D Glass Limited

(Registration number: 03261140)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	843,718	882,972
Other financial assets	5	11,230	11,230
		854,948	894,202
Current assets
Stocks	6	53,730	58,145
Debtors	7	56,082	2,317
Cash at bank and in hand		355,476	540,180
		465,288	600,642
Creditors: Amounts falling due within one year	8	(39,345)	(37,758)
Net current assets		425,943	562,884
Net assets		1,280,891	1,457,086
Capital and reserves
Called up share capital	9	641,432	641,432
Retained earnings		639,459	815,654
Shareholders' funds		1,280,891	1,457,086

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.

Approved and authorised by the Board on 14 December 2025 and signed on its behalf by:
 

Mr R H Pauli Director

R & D Glass Limited

Notes to the Unaudited 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:
Stourton Farmhouse
Greensforge Lane
Stourton
Stourbridge
West Midlands
DY7 5BD

These financial statements were authorised for issue by the Board on 14 December 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.

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.

R & D Glass Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

2	Accounting policies (continued)

Tax

The tax expense for the period comprises 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 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.

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
Plant and machinery	20% on reducing balance
Motor vehicles	10% on reducing balance
Computer equipment	33% on cost

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 and 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.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2024 - 1).

R & D Glass Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

4	Tangible assets

	Land and buildings £	Plant, machinery and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 April 2024	803,585	232,288	15,939	1,051,812
Additions	-	6,617	-	6,617
At 31 March 2025	803,585	238,905	15,939	1,058,429
Depreciation
At 1 April 2024	-	154,895	13,945	168,840
Charge for the year	-	45,672	199	45,871
At 31 March 2025	-	200,567	14,144	214,711
Carrying amount
At 31 March 2025	803,585	38,338	1,795	843,718
At 31 March 2024	803,585	77,393	1,994	882,972

Included within the net book value of land and buildings above is £803,585 (2024 - £803,585) in respect of freehold land and buildings.
 

5	Other financial assets (current and non-current)

	2025 £	2024 £
Non-current financial assets
Financial assets at cost less impairment	11,230	11,230

6

Stocks

	2025 £	2024 £
Raw materials and consumables	53,730	58,145

R & D Glass Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

7

Debtors

Current	Note	2025 £	2024 £
Amounts owed by related parties		55,000	-
Other debtors		1,082	2,317
		56,082	2,317

8

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Taxation and social security	1,057	718
Accruals and deferred income	1,378	2,414
Other creditors	36,910	34,626
	39,345	37,758

9	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	641,432	641,432	641,432	641,432