Sycamore Windows & Conservatories Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 06215869

Sycamore Windows & Conservatories Limited

Filleted Unaudited Financial Statements

31 March 2025

Sycamore Windows & Conservatories Limited

Statement of Financial Position

31 March 2025

	2025		2024
			(restated)
Note	£	£	£	£

Fixed Assets

Tangible assets	5		47,001		53,657

Current Assets

Stocks		9,450	22,875
Debtors	6	550,145	362,806
Cash at bank and in hand		387,048	1,194,402
		---------	------------
		946,643	1,580,083

Creditors: amounts falling due within one year	7	33,378		544,416
		---------		------------
Net Current Assets			913,265		1,035,667
			---------		------------
Total Assets Less Current Liabilities			960,266		1,089,324

Provisions

Taxation including deferred tax	11,750	13,414
	---------	------------
Net Assets	948,516	1,075,910
	---------	------------

Sycamore Windows & Conservatories Limited

Statement of Financial Position (continued)

31 March 2025

	2025		2024
			(restated)
Note	£	£	£	£

Capital and Reserves

Called up share capital	9	100	100
Profit and loss account		948,416	1,075,810
		---------	------------
Shareholders Funds		948,516	1,075,910
		---------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 22 December 2025 , and are signed on behalf of the board by:

Ms S D Court
Director

Company registration number: 06215869

Sycamore Windows & Conservatories Limited

Notes to the Financial Statements

Year Ended 31 March 2025

1. General Information

The company is a private company limited by shares, registered in England. The address of the registered office is 115 Church Hill, Hednesford, Staffordshire, WS12 1BD.

2. Statement of Compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting Policies

1 Basis of Preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

2 Revenue Recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

3 Income Tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

4 Operating Leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

5 Tangible Assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

6 Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures, fittings and equipment	-	25% reducing balance
Motor vehicles	-	25% reducing balance

7 Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

8 Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

9 Defined Contribution Plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee Numbers

The average number of persons employed by the company during the year amounted to 5 (2024: 8 ).

5. Tangible Assets

	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£
Cost
At 1 April 2024 (as restated)	18,729	83,995	102,724
Additions	–	14,074	14,074
Disposals	–	( 12,000)	( 12,000)
	--------	--------	---------
At 31 March 2025	18,729	86,069	104,798
	--------	--------	---------
Depreciation
At 1 April 2024	11,756	37,311	49,067
Charge for the year	1,744	13,924	15,668
Disposals	–	( 6,938)	( 6,938)
	--------	--------	---------
At 31 March 2025	13,500	44,297	57,797
	--------	--------	---------
Carrying amount
At 31 March 2025	5,229	41,772	47,001
	--------	--------	---------
At 31 March 2024	6,973	46,684	53,657
	--------	--------	---------

6. Debtors

	2025	2024
		(restated)
	£	£
Trade debtors	37,484	39,476
Prepayments and accrued income	8,085	10,135
Director's loan account	382,235	–
Amounts recoverable on contracts	58,147	306,270
Other debtors	64,194	6,925
	---------	---------
	550,145	362,806
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
		(restated)
	£	£
Trade creditors	24,699	242,275
Social security and other taxes	3,028	246,787
Other creditors	5,651	55,354
	--------	---------
	33,378	544,416
	--------	---------

8. Prior Period Adjustments

During the year, it was identified that amounts recoverable under contracts was overstated by £90,559 with regard to retentions, which were not ultimately payable. The correction requires a prior year adjustment to restate the financial statements. Consequently, for the year ended 31 March 2024 the following adjustments have been made:- Turnover reduced by £90,559 Corporation tax provision reduced by £22,640 Net profits and retained earnings reduced by £67,919

9. Called Up Share Capital

Issued, called up and fully paid

	2025		2024
			(restated)
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	----

10. Operating Leases

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

	2025	2024
		(restated)
	£	£
Not later than 1 year	458	458
	----	----

11. Director's Advances, Credits and Guarantees

During the year the directors lent money from the company on an interest free basis. The amount outstanding on this loan as at 31 March 2025 was £382,235 (2024 - £Nil).