REGISTERED NUMBER: 05765211 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

I.D. Glass & Glazing Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D A Rathbone

Mrs M D Rathbone

SECRETARY:

Mrs M D Rathbone

REGISTERED OFFICE:

Unit 40-41 Cosgrove Business Park

Daisy Bank Lane, Soot Hill

Anderton

Northwich

Cheshire

CW9 6FY

REGISTERED NUMBER:

05765211 (England and Wales)

ACCOUNTANTS:

Emmerson Accountancy Ltd

Atlantic Business Centre

Atlantic Street

Altrincham

Cheshire

WA14 5NQ

FIXED ASSETS

Tangible assets

4

34,297

42,758

CURRENT ASSETS

Stocks

8,057

8,500

Debtors

5

263,601

190,528

Cash at bank

18,107

8,034

289,765

207,062

CREDITORS

Amounts falling due within one year

6

263,434

236,079

NET CURRENT ASSETS/(LIABILITIES)

26,331

(29,017

)

TOTAL ASSETS LESS CURRENT LIABILITIES

60,628

13,741

CREDITORS

Amounts falling due after more than one year

7

100,280

48,506

NET LIABILITIES

(39,652

)

(34,765

)

CAPITAL AND RESERVES

Called up share capital

8

6

6

Retained earnings

9

(39,658

)

(34,771

)

SHAREHOLDERS' FUNDS

(39,652

)

(34,765

)

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 31 December 2025 and were signed on its behalf by:

Mrs M D Rathbone - Director

1.	STATUTORY INFORMATION

I.D. Glass & Glazing 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.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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 13 (2024 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

41,477

8,957

91,496

25,794

167,724

Additions

-

-

-

613

613

At 31 March 2025

41,477

8,957

91,496

26,407

168,337

DEPRECIATION

At 1 April 2024

25,665

7,078

71,482

20,741

124,966

Charge for year

2,372

282

5,003

1,417

9,074

At 31 March 2025

28,037

7,360

76,485

22,158

134,040

NET BOOK VALUE

At 31 March 2025

13,440

1,597

15,011

4,249

34,297

At 31 March 2024

15,812

1,879

20,014

5,053

42,758

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

107,900

89,321

Other debtors

155,701

101,207

263,601

190,528

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

9,210

16,630

Trade creditors

144,954

108,477

Tax

-

5,683

Social security and other taxes

26,669

23,219

VAT

73,780

67,812

Other creditors

7,081

12,518

Accrued expenses

1,740

1,740

263,434

236,079

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Business Interruption Loan

12,653

26,867

Funding Circle

87,627

21,639

100,280

48,506

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

6

Ordinary

£1

6

6

9.

RESERVES

Retained

earnings

£

At 1 April 2024

(34,771

)

Deficit for the year

(4,887

)

At 31 March 2025

(39,658

)