REGISTERED NUMBER: 09144680 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30th April 2025

for

Glass Decorative Colours Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr B J Cowen

Mr G A Evans

Mr S J Murray

Mrs J L Brown

REGISTERED OFFICE:

Unit A Harvey Court

Dovefields

Uttoxeter

Staffordshire

ST14 8HU

REGISTERED NUMBER:

09144680 (England and Wales)

ACCOUNTANTS:

Rice & Co Limited

Chartered Accountants

14a Market Place

Uttoxeter

Staffordshire

ST14 8HP

FIXED ASSETS

Tangible assets

4

1,710

2,280

CURRENT ASSETS

Stocks

164,150

113,048

Debtors

5

102,231

71,835

Cash at bank and in hand

239,936

326,480

506,317

511,363

CREDITORS

Amounts falling due within one year

6

192,004

208,919

NET CURRENT ASSETS

314,313

302,444

TOTAL ASSETS LESS CURRENT LIABILITIES

316,023

304,724

PROVISIONS FOR LIABILITIES

453

604

NET ASSETS

315,570

304,120

CAPITAL AND RESERVES

Called up share capital

176

176

Retained earnings

315,394

303,944

SHAREHOLDERS' FUNDS

315,570

304,120

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 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 17th January 2026 and were signed on its behalf by:

Mr B J Cowen - Director

Mr G A Evans - Director

Mrs J L Brown - Director

Mr S J Murray - Director

1.	STATUTORY INFORMATION

Glass Decorative Colours 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 and value added tax. Turnover is recognised upon despatch of the related goods.

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% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1st May 2024

and 30th April 2025

15,387

3,868

19,255

DEPRECIATION

At 1st May 2024

14,315

2,660

16,975

Charge for year

268

302

570

At 30th April 2025

14,583

2,962

17,545

NET BOOK VALUE

At 30th April 2025

804

906

1,710

At 30th April 2024

1,072

1,208

2,280

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

98,925

71,665

Other debtors

3,306

170

102,231

71,835

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

3,784

1,770

Taxation and social security

63,349

39,518

Other creditors

124,871

167,631

192,004

208,919

7.	RELATED PARTY DISCLOSURES

Included in creditors due within one year is £120,611 (2024 - £160,611) owed to the directors of the company.