Ael Glazing Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 07318644 (England and Wales)

Financial Statements

for the Period 1 August 2024 to 31 May 2025

for

Ael Glazing Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G M Phillips

T S Walker

SECRETARY:

T S Walker

REGISTERED OFFICE:

Unit 6c Peel Road

West Pimbo Industrial Estate

Skelmersdale

Lancashire

WN8 9PT

REGISTERED NUMBER:

07318644 (England and Wales)

ACCOUNTANTS:

John Greenall & Co Limited

20 Crewe Road

Sandbach

Cheshire

CW11 4NE

CURRENT ASSETS

Debtors

5

1,929,733

1,541,068

Cash at bank

683,245

680,008

2,612,978

2,221,076

CREDITORS

Amounts falling due within one year

6

1,848,098

1,665,895

NET CURRENT ASSETS

764,880

555,181

TOTAL ASSETS LESS CURRENT
LIABILITIES

764,880

555,181

CREDITORS

Amounts falling due after more than one
year

7

724

9,262

NET ASSETS

764,156

545,919

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

764,154

545,917

SHAREHOLDERS' FUNDS

764,156

545,919

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

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

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 23 April 2026 and were signed on its behalf by:

G M Phillips - Director

1.	STATUTORY INFORMATION

Ael 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.

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 each asset over its estimated useful life.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Taxation

Taxation for the period 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 period 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 period was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

COST

At 1 August 2024

and 31 May 2025

96,723

5,823

102,546

DEPRECIATION

At 1 August 2024

and 31 May 2025

96,723

5,823

102,546

NET BOOK VALUE

At 31 May 2025

-

At 31 July 2024

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.7.24

£

Trade debtors

1,163,966

896,470

Amounts owed by associates

336,966

Other debtors

428,801

307,632

1,929,733

1,541,068

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.7.24

£

Bank loans and overdrafts

10,648

Trade creditors

1,009,644

685,893

Taxation and social security

292,116

184,704

Other creditors

535,690

784,650

1,848,098

1,665,895

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.5.25

31.7.24

£

Bank loans

724

9,262