Company No: 07065022 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	72,299		94,304
		72,299		94,304
Current assets
Stocks	4	8,000		5,000
Debtors	5	301,245		333,486
Cash at bank and in hand		112,755		121,792
		422,000		460,278
Creditors: amounts falling due within one year	6	( 180,464)		( 140,319)
Net current assets		241,536		319,959
Total assets less current liabilities		313,835		414,263
Creditors: amounts falling due after more than one year	7	( 33,165)		( 49,916)
Provision for liabilities	8	( 18,075)		( 23,576)
Net assets		262,595		340,771
Capital and reserves
Called-up share capital		200		200
Profit and loss account		262,395		340,571
Total shareholders' funds		262,595		340,771

For the financial year ending 31 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Clarkes Windows Limited (registered number: 07065022) were approved and authorised for issue by the Board of Directors on 02 May 2026. They were signed on its behalf by:

Mrs A J Clarke Director

Mr A J Clarke Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Clarkes Windows Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Leanne House East Wing Ground, 6 Avon Close, Weymouth, DT4 9UX, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date that are expected to apply when the timing differences reverse. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax liabilities are presented within provisions for liabilities on the balance sheet.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Vehicles	25 % reducing balance
Tools and equipment	15 % reducing balance

Borrowing costs

Borrowing costs that are directly attributable to acquisition, construction or production of qualifying assets, are capitalised as part of the cost of those assets. Capitalisation begins when both finance costs and expenditures for the asset are being incurred and activities that are necessary to get the asset ready for use are in progress. Capitalisation ceases when substantially all the activities that are necessary to get the asset ready for use are complete.

All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	13		15

3. Tangible assets

	Vehicles		Tools and equipment		Total
	£		£		£
Cost
At 01 January 2025	94,044		20,437		114,481
Additions	0		869		869
At 31 December 2025	94,044		21,306		115,350
Accumulated depreciation
At 01 January 2025	7,407		12,770		20,177
Charge for the financial year	21,659		1,215		22,874
At 31 December 2025	29,066		13,985		43,051
Net book value
At 31 December 2025	64,978		7,321		72,299
At 31 December 2024	86,637		7,667		94,304

4. Stocks

	2025		2024
	£		£
Stocks	8,000		5,000

5. Debtors

	2025		2024
	£		£
Trade debtors	120,580		203,393
Other debtors	180,665		130,093
	301,245		333,486

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans and overdrafts	57,102		2,880
Trade creditors	25,811		31,450
Taxation and social security	76,123		84,500
Obligations under finance leases and hire purchase contracts	15,687		15,687
Other creditors	5,741		5,802
	180,464		140,319

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	0		1,065
Obligations under finance leases and hire purchase contracts	33,165		48,851
	33,165		49,916

The finance leases are secured on the assets concerned.

8. Provision for liabilities

	2025		2024
	£		£
Deferred tax	18,075		23,576

9. Related party transactions

Transactions with the entity's directors

The directors' loan account is repayable on demand and interest has been charged on overdrawn balance(s) exceeding £10,000 at the official HMRC rates.

At 1 January 2025 the balance owed from the directors was £119,983. During the year, the company made advances to directors amounting to £164,666 and received repayments of £120,984 leaving a balance due from the directors of £163,665.

At 1 January 2024 the balance owed from the directors was £163,659. During the year, the company made advances to directors amounting to £148,186 and received repayments of £191,862 leaving a balance due from the directors of £119,983.