REGISTERED NUMBER: 07285914 (England and Wales)

Amelia Art Glass Ltd

Unaudited Financial Statements for the Year Ended 31 August 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

P L Burbridge

REGISTERED OFFICE:

Unit 7, Wares Farm

Redwall Lane

Linton

Maidstone

Kent

ME17 4BA

REGISTERED NUMBER:

07285914 (England and Wales)

ACCOUNTANTS:

Aggarwal & Co

Chartered Accountants

5 London Road

Rainham

Gillingham

Kent

ME8 7RG

FIXED ASSETS

Tangible assets

4

30,323

31,658

CURRENT ASSETS

Inventories

544,084

571,396

Debtors

5

80,410

90,107

Cash in hand

696

20

625,190

661,523

CREDITORS

Amounts falling due within one year

6

755,864

766,579

NET CURRENT LIABILITIES

(130,674

)

(105,056

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(100,351

)

(73,398

)

CREDITORS

Amounts falling due after more than one year

7

-

(24,599

)

PROVISIONS FOR LIABILITIES

-

(1,358

)

NET LIABILITIES

(100,351

)

(99,355

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(100,353

)

(99,357

)

SHAREHOLDERS' FUNDS

(100,351

)

(99,355

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 21 May 2026 and were signed by:

P L Burbridge - Director

1.	STATUTORY INFORMATION

Amelia Art Glass 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

At the year end the company had net liabilities of £100,351. Included within creditors is an amount of £1,540 owed to the director and £487,088 owed to a shareholder.

The company is dependent on the financial support of its director and shareholder, who have continued to provide this support since the year end. The director and shareholder have confirmed that they will not withdraw the sums due to themselves until there are sufficient funds to do so.

On this basis, the director considers it appropriate to prepare the financial statements on the going concern basis.

Income recognition

Income represents the fair value of consideration received or receivable derived from the provision of goods and services to customers during the year (excluding value added tax) and is recognised when the company becomes entitled to it, usually on the rendering of an invoice.

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

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.

Plant and machinery etc

-

25% on reducing balance, 20% on reducing balance and 10% on cost

Inventories

Inventories are measured at the lower of cost and estimated selling price less costs to complete and sell.

Financial instruments

The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties. Basic financial instruments are recognised at amortised cost.

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 statement of financial positionstatement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2024

97,434

Additions

3,596

At 31 August 2025

101,030

DEPRECIATION

At 1 September 2024

65,776

Charge for year

4,931

At 31 August 2025

70,707

NET BOOK VALUE

At 31 August 2025

30,323

At 31 August 2024

31,658

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

64,854

81,296

Other debtors

15,556

8,811

80,410

90,107

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

32,936

65,135

Trade creditors

146,699

182,367

Taxation and social security

10,817

20,479

Other creditors

565,412

498,598

755,864

766,579

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

24,599

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdrafts

8,337

16,906

The bank overdraft is guaranteed for the amount of £50,000 by the director's spouse.

9.	RELATED PARTY DISCLOSURES

Included in other creditors is £487,088 owed to a shareholder.