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Registered number: 10963685
Windowtech (NE) Ltd
Unaudited Financial Statements
For The Year Ended 30 November 2025
Hector Accountancy
14
Magpie Court
Ashington
Northumberland
NE63 8LN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10963685
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 72,827 92,341
72,827 92,341
CURRENT ASSETS
Debtors 5 3,294 705
Cash at bank and in hand 729,015 612,749
732,309 613,454
Creditors: Amounts Falling Due Within One Year 6 (403,786 ) (122,376 )
NET CURRENT ASSETS (LIABILITIES) 328,523 491,078
TOTAL ASSETS LESS CURRENT LIABILITIES 401,350 583,419
PROVISIONS FOR LIABILITIES
Provisions For Charges (30,000 ) (30,000 )
NET ASSETS 371,350 553,419
CAPITAL AND RESERVES
Called up share capital 8 55 105
Capital redemption reserve (299,352 ) -
Profit and Loss Account 670,647 553,314
SHAREHOLDERS' FUNDS 371,350 553,419
Page 1
Page 2
For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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
Mr David Alsop
Director
09/01/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Windowtech (NE) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10963685 . The registered office is 15 Stakeford Road, Bedlington, Northumberland, NE22 7JU.
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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. 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 20% SL
Motor Vehicles 25% RB
Computer Equipment 25% SL
2.4. 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.
2.5. 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 years 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 assets reflect 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.
...CONTINUED
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2.5. Taxation - continued
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: 8 (2024: 8)
8 8
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 December 2024 65,556 153,023 1,196 219,775
Additions - 19,961 - 19,961
Disposals - (42,572 ) - (42,572 )
As at 30 November 2025 65,556 130,412 1,196 197,164
Depreciation
As at 1 December 2024 49,166 77,421 847 127,434
Provided during the period 13,111 16,512 299 29,922
Disposals - (33,019 ) - (33,019 )
As at 30 November 2025 62,277 60,914 1,146 124,337
Net Book Value
As at 30 November 2025 3,279 69,498 50 72,827
As at 1 December 2024 16,390 75,602 349 92,341
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 1,864 645
Other debtors 1,430 60
3,294 705
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 3,185 7,788
Trade creditors - 1
Corporation tax 62,173 64,012
Other taxes and social security 4,091 3,049
VAT 34,461 32,392
Capital on Tap (635 ) 1,543
DL loan account 293,857 -
Director's loan account 6,654 13,591
403,786 122,376
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Page 5
7. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 3,185 7,788
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 55 105
Page 5