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REGISTERED NUMBER: 02603874 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2025

FOR

KEYMER DOUBLE GLAZING LTD

KEYMER DOUBLE GLAZING LTD (REGISTERED NUMBER: 02603874) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| KEYMER DOUBLE GLAZING LTD |

COMPANY INFORMATION

FOR THE YEAR ENDED 31ST MAY 2025

| DIRECTORS: | M J Bonner

| K. J. Collins

| REGISTERED OFFICE: | 225 London Road

| Burgess Hill

| West Sussex

| RH15 9QU

| REGISTERED NUMBER: | 02603874 (England and Wales)

| ACCOUNTANTS: | Peter Lawson & Co.

| 225 London Road

| Burgess Hill

| West Sussex

| RH15 9QU

KEYMER DOUBLE GLAZING LTD (REGISTERED NUMBER: 02603874) |

BALANCE SHEET

31ST MAY 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 67,032 |  | 74,729 |  |

67,032 |  | 74,729 |  |

CURRENT ASSETS

Stocks | 106,267 |  | 103,547 |  |

Debtors | 6 | 83,418 |  | 108,481 |  |

Cash at bank and in hand | 80,748 |  | 52,874 |  |

270,433 |  | 264,902 |  |

CREDITORS

Amounts falling due within one year | 7 | 356,067 |  | 397,396 |  |

NET CURRENT LIABILITIES | (85,634 | ) | (132,494 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (18,602 | ) | (57,765 | ) |

CREDITORS

Amounts falling due after more than one year | 8 | (23,836 | ) | (52,526 | ) |

PROVISIONS FOR LIABILITIES | (2,617 | ) | (3,380 | ) |

NET LIABILITIES | (45,055 | ) | (113,671 | ) |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | (45,155 | ) | (113,771 | ) |

SHAREHOLDERS' FUNDS | (45,055 | ) | (113,671 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 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.

KEYMER DOUBLE GLAZING LTD (REGISTERED NUMBER: 02603874) |

BALANCE SHEET - continued

31ST MAY 2025

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 14th November 2025 and were signed on its behalf by:

M J Bonner - Director

K. J. Collins - Director

KEYMER DOUBLE GLAZING LTD (REGISTERED NUMBER: 02603874) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2025

1. | STATUTORY INFORMATION

| Keymer Double Glazing Ltd 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.

| The financial statements are prepared in accordance with applicable accounting standards and under the historical cost convention and include the results of the business' operations, all of which are continuing.

| The principle accounting policies, which the directors have adopted, are set out below.

| Turnover

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

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| 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 etc | - | 33% on cost and 25% on reducing balance

| Stocks

| Stocks and work-in-progress (except long-term contract balances) are stated at the lower of cost and net realisable value. Cost is calculated using the first-in-first-out method and consists of material and direct labour costs together with an appropriate proportion of production overheads.

| Long-term contract balances are stated at net cost less foreseeable losses less any applicable payments on account. The amount recorded as turnover in respect of long term contracts is ascertained by reference to the value of work carried out to date. Attributable profit is recognised as the difference between recorded turnover and related costs.

| 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.

KEYMER DOUBLE GLAZING LTD (REGISTERED NUMBER: 02603874) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MAY 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Going concern

| As at 31st May 2024, the company had a net deficiency which may cause doubt on the company's ability to continue as a going concern. The directors, having reviewed operations and expenditure, future trading, profitability, anticipated activities and financial requirements have a reasonable expectation that the company will continue to operate for the foreseeable future.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 9 (2024 - 8 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1st June 2024

| and 31st May 2025 | 1,201,500 |  |

| AMORTISATION

| At 1st June 2024

| and 31st May 2025 | 1,201,500 |  |

| NET BOOK VALUE

| At 31st May 2025 | - |  |

| At 31st May 2024 | - |  |

KEYMER DOUBLE GLAZING LTD (REGISTERED NUMBER: 02603874) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MAY 2025

5. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1st June 2024

| and 31st May 2025 | 46,374 |  | 99,612 |  | 145,986 |  |

| DEPRECIATION

| At 1st June 2024 | 786 |  | 70,471 |  | 71,257 |  |

| Charge for year | - |  | 7,697 |  | 7,697 |  |

| At 31st May 2025 | 786 |  | 78,168 |  | 78,954 |  |

| NET BOOK VALUE

| At 31st May 2025 | 45,588 |  | 21,444 |  | 67,032 |  |

| At 31st May 2024 | 45,588 |  | 29,141 |  | 74,729 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 76,643 |  | 100,181 |  |

| Other debtors | 6,775 |  | 8,300 |  |

83,418 |  | 108,481 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Hire purchase contracts | 8,689 |  | 9,040 |  |

| Trade creditors | 174,692 |  | 222,166 |  |

| Taxation and social security | 83,313 |  | 80,718 |  |

| Other creditors | 89,373 |  | 85,472 |  |

356,067 |  | 397,396 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | 15,000 |  | 35,000 |  |

| Hire purchase contracts | 8,836 |  | 17,526 |  |

23,836 |  | 52,526 |  |

9. | CONTINGENT LIABILITIES

| There were no known contingent liabilities as at the Balance sheet date.

KEYMER DOUBLE GLAZING LTD (REGISTERED NUMBER: 02603874) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MAY 2025

10. | CAPITAL COMMITMENTS

2025 | 2024 |

£ | £ |

| Contracted but not provided for in the

| financial statements | - |  | - |  |

11. | RELATED PARTY DISCLOSURES

| KDG Management Limited is a company controlled by M Bonner and K Collins and, from 2nd August 2021,

| acquired a 76% shareholding in the company. It provides management services in the day to day running of Keymer Double Glazing Limited of which M Bonner and K Collins are directors.

| Amounts due to KDG Management Limited at 31st May 2025 - £52,590 (2024 - ££52,590 )

| Amounts due from KDG Management Limited at 31st May 2025 - £49,696 (2024 - £49,696).

12. | ULTIMATE CONTROLLING PARTY

| The controlling party is KDG Management Limited.