The Windscreen Company Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—7

1. General Information

The Windscreen Company Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03545701 . The registered office is 5 Tudor Works, Turret Lane, Ipswich, Suffolk, IP4 1DL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% on cost
Motor Vehicles	20% on cost
Fixtures & Fittings	20% on cost
Computer Equipment	20% on cost

2.5. Leasing and Hire Purchase Contracts

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods.

The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period. The capital element of future payments is treated as a liability.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

2.6. Stocks and Work in Progress

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 stocks.

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The Windscreen Company Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.7. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss, except to the extent it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Deferred tax is recognised in respect of all timing differences that have originated but have 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 reversal of deferred tax liabilities or other future taxable profits.

2.8. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.9. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 29 (2024: 26)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 January 2025	66,172	565,111	4,100	635,383
Additions	61,102	309,048	2,225	372,375
Disposals	-	(51,350 )	-	(51,350 )

As at 31 December 2025	127,274	822,809	6,325	956,408

Depreciation
As at 1 January 2025	57,159	305,830	2,941	365,930
Provided during the period	10,974	127,441	964	139,379
Disposals	-	(51,350 )	-	(51,350 )

As at 31 December 2025	68,133	381,921	3,905	453,959

Net Book Value
As at 31 December 2025	59,141	440,888	2,420	502,449

As at 1 January 2025	9,013	259,281	1,159	269,453

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

	2025	2024
	£	£
Motor Vehicles	420,747	217,471

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The Windscreen Company Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

5. Stocks

	2025	2024
	£	£
Stock	141,043	107,865

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	718,336	591,962
Prepayments and accrued income	69,777	34,576
Other debtors	14,255	28,126
Corporation tax recoverable assets	12,201	4,163
Director's loan account	23,817	2,151

	838,386	660,978

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	161,538	74,019
Trade creditors	397,975	251,693
Bank loans and overdrafts	4,416	10,260
Corporation tax	66,267	79,061
Other taxes and social security	37,493	33,729
VAT	106,696	95,150
Net wages	2,005	-
Other creditors	5,877	-
Factoring	351,709	345,491
Accruals and deferred income	6,332	6,016
Amounts owed to parent undertaking	186,567	-
Credit card	15,340	12,454

	1,342,215	907,873

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	151,465	74,348
Bank loans	-	4,552

	151,465	78,900

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The Windscreen Company Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

9. Secured Creditors

Of the creditors falling due within and after more than one year the following amounts are secured.

Hire purchase liabilities are secured on the assets to which they relate.

HSBC bank hold a debenture and fixed and floating charges over all assets in relation to the overdraft and invoice financing.

The HSBC Bounce Bank Loan is covered by the Government backed scheme attached to the loan.

Other creditors below is made up solely of Factoring

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	313,003	148,367
Bank loans and overdrafts	4,416	14,812
Other Creditors	351,709	345,491

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	134	134

11. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2025	2024
	£	£
Not later than one year	56,880	35,380
Later than one year and not later than five years	140,953	95,708

	197,833	131,088

12. Directors Advances, Credits and Guarantees

Included within debtors are the following loans from directors:

	As at 1 January 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2025
	£	£	£	£	£
Mr Barry Hegley	2,151	25,000	(3,333 )	-	23,817

The above loan is unsecured, interest free and repayable on demand.

13. Related Party Transactions

The company was under the daily management of Mr Hegley throughout the current and previous year. The immediate and ultimate parent company is TWC Holdco Limited, a company registered in England and Wales. The parent company's registered office address is C/O Master Auto Glass, 4 Cumberland Avenue, Park Royal, London, NW10 7QL.

Amounts owed to the Director by the company are shown in the debtors (2023- creditors) note above.

At the year end the company owed £186,567 (2024-£NIL) to its parent company.

During the year, dividends totalling £83,380 (2024-£22,500) were declared to a director.

During the year, dividends totalling £186,567 (2024-£NIL) were declared to its parent company.

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The Windscreen Company Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

14. Audit Information

The auditor's report on the accounts of The Windscreen Company Limited for the year ended 31 December 2025 was unqualified.

The auditor's report was signed by Simon Carr (Senior Statutory Auditor) for and on behalf of Barnes Roffe Audit Limited , Statutory Auditor.

Barnes Roffe Audit Limited

3 Brook Business Centre

Cowley Mill Road

Uxbridge

Middlesex

UX8 2FX

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		502,449		269,453

			502,449		269,453
CURRENT ASSETS
Stocks	5	141,043		107,865
Debtors	6	838,386		660,978
Cash at bank and in hand		375,763		218,683

		1,355,192		987,526
Creditors: Amounts Falling Due Within One Year	7	(1,342,215 )		(907,873 )

NET CURRENT ASSETS (LIABILITIES)			12,977		79,653

TOTAL ASSETS LESS CURRENT LIABILITIES			515,426		349,106

Creditors: Amounts Falling Due After More Than One Year	8		(151,465 )		(78,900 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(113,446 )		(66,818 )

NET ASSETS			250,515		203,388

CAPITAL AND RESERVES
Called up share capital	10		134		134
Profit and Loss Account			250,381		203,254

SHAREHOLDERS' FUNDS			250,515		203,388