REGISTERED NUMBER: 00080479 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st July 2025

for

STANDARD PATENT GLAZING COMPANY

LIMITED(THE)

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J J J Llewellyn

Mr C J Riley

SECRETARY:

Harrison Blakeley Accountancy Limited

REGISTERED OFFICE:

Flagship House, Forge Lane

Dewsbury

West Yorkshire

WF12 9EL

REGISTERED NUMBER:

00080479 (England and Wales)

ACCOUNTANTS:

Harrison Blakeley Accountancy Limited

21 Church Street

Horbury

Wakefield

West Yorkshire

WF4 6LT

FIXED ASSETS

Tangible assets

4

205,466

200,823

CURRENT ASSETS

Stocks

5

917,079

768,989

Debtors

6

1,242,546

641,151

Cash at bank and in hand

559,207

794,104

2,718,832

2,204,244

CREDITORS

Amounts falling due within one year

7

889,831

321,524

NET CURRENT ASSETS

1,829,001

1,882,720

TOTAL ASSETS LESS CURRENT LIABILITIES

2,034,467

2,083,543

CREDITORS

Amounts falling due after more than one year

8

(63,588

)

(63,588

)

PROVISIONS FOR LIABILITIES

(50,517

)

(49,357

)

NET ASSETS

1,920,362

1,970,598

CAPITAL AND RESERVES

Called up share capital

15,500

15,500

Share premium

1,000

1,000

Capital redemption reserve

1,630

1,630

Retained earnings

1,902,232

1,952,468

1,920,362

1,970,598

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 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 19th December 2025 and were signed on its behalf by:

Mr J J J Llewellyn - Director

Mr C J Riley - Director

1.	STATUTORY INFORMATION

Standard Patent Glazing Company Limited(the) 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 the cost less estimated residual value of each asset over its estimated useful life.

Freehold property

-

2% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

Income recognition

Income is recognised when goods have been delivered to customers such that the risks and rewards of ownership have transferred to them.

Hire purchase and leasing commitments

Rentals payable under operating leases are charged to the profit and loss account on a straight line basis over the period of the leases. The benefits of lease incentives are recognised in the profit and loss account over the lease period on a straight line basis.

Government grants

Grants receivable in relation to profit and loss expenditure are credited to the profit and loss for the year for which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 32 (2024 - 36 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1st August 2024

33,974

474,932

210,776

202,790

922,472

Additions

-

7,077

-

52,764

59,841

Disposals

-

-

-

(33,245

)

(33,245

)

At 31st July 2025

33,974

482,009

210,776

222,309

949,068

DEPRECIATION

At 1st August 2024

30,577

365,351

195,625

130,096

721,649

Charge for year

-

28,065

3,788

19,538

51,391

Eliminated on disposal

-

-

-

(29,438

)

(29,438

)

At 31st July 2025

30,577

393,416

199,413

120,196

743,602

NET BOOK VALUE

At 31st July 2025

3,397

88,593

11,363

102,113

205,466

At 31st July 2024

3,397

109,581

15,151

72,694

200,823

5.

STOCKS

31/7/25

31/7/24

£

£

Stocks

611,326

687,808

Work-in-progress

305,753

81,181

917,079

768,989

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/7/25

31/7/24

£

£

Trade debtors

725,122

510,992

Other debtors

517,424

130,159

1,242,546

641,151

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/7/25

31/7/24

£

£

Trade creditors

477,902

97,807

Taxation and social security

57,694

152,676

Other creditors

354,235

71,041

889,831

321,524

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/7/25

31/7/24

£

£

Other creditors

63,588

63,588

Amounts falling due in more than five years:

Repayable otherwise than by instalments

3% Redeemable Participating Preference Shares

(10,000 shares)

10,000

10,000

6% Cumulative Redeemable Preference Shares

53,588

53,588

(42,870 shares)

63,588

63,588

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31/7/25

31/7/24

£

£

Within one year

915

2,053

Between one and five years

-

856

915

2,909