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Company Registration No. 02962055 (England and Wales)
Crystal Doors Limited Unaudited accounts for the year ended 31 May 2025
Crystal Doors Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Crystal Doors Limited Company Information for the year ended 31 May 2025
Director
R S Hagan
Company Number
02962055 (England and Wales)
Registered Office
UNIT ONE TRANSPENINE TRADING ESTATE ROCHDALE OL11 2PX
Accountants
qbx- the quickbooks accountants South Cottage Wood Langham Market Rasen Lincolnshire LN8 3QR
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Crystal Doors Limited Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
324,712
450,751
Current assets
Inventories
132,805
123,125
Debtors
5
1,211,212
1,057,576
Cash at bank and in hand
-
46,224
1,344,017
1,226,925
Creditors: amounts falling due within one year
6
(307,352)
(279,177)
Net current assets
1,036,665
947,748
Total assets less current liabilities
1,361,377
1,398,499
Creditors: amounts falling due after more than one year
7
(330,617)
(402,572)
Provisions for liabilities
Deferred tax
(30,358)
(34,888)
Net assets
1,000,402
961,039
Capital and reserves
Called up share capital
1,000
1,000
Capital redemption reserve
1
1
Profit and loss account
999,401
960,038
Shareholders' funds
1,000,402
961,039
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 March 2026 and were signed on its behalf by
R S Hagan Director Company Registration No. 02962055
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Crystal Doors Limited Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Crystal Doors Limited is a private company, limited by shares, registered in England and Wales, registration number 02962055. The registered office is UNIT ONE, TRANSPENINE TRADING ESTATE, ROCHDALE, OL11 2PX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Purpose & Principles
At Crystal Doors, our purpose is based on three pillars: people, planet and profit. We believe our future viability as a business depends not only on our financial performance but also on: our role in the local community, supply chain and wider society as a responsible organisation, and our role in mitigating and building resilience to the climate and environmental emergency. As an Employer Crystal Doors Limited was sold in November 2023 to become a 100% Employee Owned Trust. Crystal Doors EOT Ltd provides all employees with a stake and profit share in Crystal Doors Ltd. Richard Hagans vision is to provide security, lifelong learning and career development for all employees. Underpinning employee security, the sale was to enable two significant investments: to provide all employees with an opportunity to buy their own home if renting or seek better homes if already home-owners, without paying more than the cost of their current home. Funding is from a joint mortgage from the asset value of Crystal Door factory premises. Personally, Richard Hagan has begun the build of his own home, less than a mile from the factory and with the aim of becoming Rochdales sustainability education experience. As a custodian of the environment. We are strongly committed to protecting the environment for future generations and continually improving our environmental performance. Gaining B Corp in April 2023 with a score within the world's top 5% at 130 points. Through our Managing Director, we are taking a lead role in the business community to encourage wider action. Environmental resilience. Customers and Suppliers are encouraged to register their environmental ambitions through our online portal and support is available through our free knowledge base at www.crystaldoors.co.uk/carbon-neutral.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% per annum on cost
Plant & machinery
20% per annum on cost
Motor vehicles
25% per annum on net book value
Fixtures & fittings
17% per annum on cost
Computer equipment
33% per annum on cost
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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Crystal Doors Limited Notes to the Accounts for the year ended 31 May 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 June 2024
304,760
3,089,317
245,821
141,090
178,080
3,959,068
Disposals
-
-
(23,888)
-
-
(23,888)
At 31 May 2025
304,760
3,089,317
221,933
141,090
178,080
3,935,180
Depreciation
At 1 June 2024
244,240
2,749,524
203,133
137,469
173,951
3,508,317
Charge for the year
12,080
92,342
10,674
1,925
3,371
120,392
On disposals
-
-
(18,241)
-
-
(18,241)
At 31 May 2025
256,320
2,841,866
195,566
139,394
177,322
3,610,468
Net book value
At 31 May 2025
48,440
247,451
26,367
1,696
758
324,712
At 31 May 2024
60,520
339,793
42,688
3,621
4,129
450,751
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
132,547
177,997
Amounts due from group undertakings etc.
1,068,369
851,205
Accrued income and prepayments
1,848
18,054
Other debtors
8,448
10,320
1,211,212
1,057,576
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
96,199
22,428
VAT
122,403
39,587
Trade creditors
17,709
121,858
Taxes and social security
40,590
56,198
Other creditors
26,806
35,461
Accruals
3,645
3,645
307,352
279,177
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
330,617
402,572
8
Average number of employees
During the year the average number of employees was 18 (2024: 24).
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