Wigwam Glass Ltd - Filleted accounts

Registered number

16131771

Wigwam Glass Ltd

Filleted Accounts

31 December 2025

Wigwam Glass Ltd
Registered number:		16131771
Balance Sheet
as at 31 December 2025

Notes			2025
£
Fixed assets
Tangible assets	3		367
			367

Current assets
Debtors	4	913
Cash at bank and in hand		227
		1,140

Creditors: amounts falling due within one year	5	(1,380)

Net current liabilities			(240)

Total assets less current liabilities			127




Net assets			127

Capital and reserves
Called up share capital			100
Profit and loss account			27

Shareholder's funds			127

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Hadi Delavari
Director
Approved by the board on 18 February 2026

Wigwam Glass Ltd
Notes to the Accounts
for the period from 11 December 2024 to 31 December 2025


1	Accounting policies

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:


	Plant and machinery	33% straight line

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		0		0


3	Tangible fixed assets
					Plant and machinery etc	Plant and machinery etc
£						£
	Cost
	Additions				550	550
	At 31 December 2025				550	550

	Depreciation
	Charge for the period				183	183
	At 31 December 2025				183	183

	Net book value
	At 31 December 2025				367	367


4	Debtors		2025		2024
£				£

	Other debtors		913		-


5	Creditors: amounts falling due within one year		2025		2024
£				£

	Taxation and social security costs		1,380		-
	Accruals and deferred income		-		-

6	Related party transactions

	Other debtors at the year-end represented £913 due from the director which was repaid within nine months of the year. The company charged interest @2.5% on above loan on average basis.

7	Other information


	Wigwam Glass Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	74 Marlborough Road
	Chingford
	London
	United Kingdom
	E4 9AL