REGISTERED NUMBER: 03389589 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

CHICAGO GLASS (UK) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Button

T Baker

Mrs WA Shaw

REGISTERED OFFICE:

Kingston House

Waterside Court, Neptune Way

Medway City Estate

Rochester

Kent

ME2 4NZ

REGISTERED NUMBER:

03389589 (England and Wales)

ACCOUNTANTS:

Sargeant Partnership Limited

Chartered Accountants

5 White Oak Square

London Road

Swanley

Kent

BR8 7AG

FIXED ASSETS

Tangible assets

4

58,425

76,544

Investments

5

372,759

372,759

431,184

449,303

CURRENT ASSETS

Stocks

4,476

7,754

Debtors

6

257,046

226,312

Cash at bank and in hand

20,753

38,868

282,275

272,934

CREDITORS

Amounts falling due within one year

7

294,183

145,467

NET CURRENT (LIABILITIES)/ASSETS

(11,908

)

127,467

TOTAL ASSETS LESS CURRENT LIABILITIES

419,276

576,770

PROVISIONS FOR LIABILITIES

13,222

17,663

NET ASSETS

406,054

559,107

CAPITAL AND RESERVES

Called up share capital

8

900

900

Share premium

9

190,500

190,500

Capital redemption reserve

9

300

300

Retained earnings

9

214,354

367,407

SHAREHOLDERS' FUNDS

406,054

559,107

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 22 December 2025 and were signed on its behalf by:

Mrs WA Shaw - Director

1.	STATUTORY INFORMATION

Chicago Glass (UK) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Preparation of consolidated financial statements

The financial statements contain information about Chicago Glass (UK) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

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

Tangible fixed assets

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

Plant and machinery

-

25% per annum on reducing balance

Fixtures and fittings

-

25% per annum on reducing balance

Motor vehicles

-

25% per annum on reducing balance

Computer equipment

-

10% per annum on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 18 (2024 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

9,890

39,719

152,499

11,785

213,893

DEPRECIATION

At 1 April 2024

9,468

37,693

87,180

3,008

137,349

Charge for year

105

506

16,330

1,178

18,119

At 31 March 2025

9,573

38,199

103,510

4,186

155,468

NET BOOK VALUE

At 31 March 2025

317

1,520

48,989

7,599

58,425

At 31 March 2024

422

2,026

65,319

8,777

76,544

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

372,759

NET BOOK VALUE

At 31 March 2025

372,759

At 31 March 2024

372,759

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Trade debtors

111,153

79,830

Amounts owed by group undertakings

144,897

144,897

Other debtors

996

1,585

257,046

226,312

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as restated

£

£

Trade creditors

270,811

104,753

Taxation and social security

11,622

5,627

Other creditors

11,750

35,087

294,183

145,467

8.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2025

2024

value:

as restated

£

£

900

Share capital 1

£1

900

900

9.

RESERVES

Capital

Retained

Share

redemption

earnings

premium

reserve

Totals

£

£

£

£

At 1 April 2024

1,489,752

190,500

300

1,680,552

Prior year adjustment

(1,122,345

)

(1,122,345

)

367,407

558,207

Deficit for the year

(30,334

)

(30,334

)

Dividends

(122,719

)

(122,719

)

At 31 March 2025

214,354

190,500

300

405,154

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, the company owed A Button £8,580 (2024 : £31,242).

11.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

12.	ULTIMATE CONTROLLING PARTY