1 April 2025 v2026.17.1 limited_company_frs_102_section_1a_v1_1_3 companies_house Software false true true true No description of principal activity false true xbrli:pure xbrli:shares iso4217:GBP SC371478 2025-04-01 2026-03-31 SC371478 2026-03-31 SC371478 2025-03-31 SC371478 core:WithinOneYear 2026-03-31 SC371478 core:WithinOneYear 2025-03-31 SC371478 core:AfterOneYear 2026-03-31 SC371478 core:AfterOneYear 2025-03-31 SC371478 core:ShareCapital 2026-03-31 SC371478 core:ShareCapital 2025-03-31 SC371478 core:RevaluationReserve 2026-03-31 SC371478 core:RevaluationReserve 2025-03-31 SC371478 core:RetainedEarningsAccumulatedLosses 2026-03-31 SC371478 core:RetainedEarningsAccumulatedLosses 2025-03-31 SC371478 bus:Director1 2025-04-01 2026-03-31 SC371478 bus:RegisteredOffice 2025-04-01 2026-03-31 SC371478 core:LandBuildings 2025-04-01 2026-03-31 SC371478 core:PlantMachinery 2025-04-01 2026-03-31 SC371478 core:FurnitureFittings 2025-04-01 2026-03-31 SC371478 core:MotorVehicles 2025-04-01 2026-03-31 SC371478 2024-04-01 2025-03-31 SC371478 core:LandBuildings 2025-04-01 SC371478 core:PlantMachinery 2025-04-01 SC371478 2025-04-01 SC371478 core:LandBuildings 2026-03-31 SC371478 core:PlantMachinery 2026-03-31 SC371478 core:LandBuildings 2025-03-31 SC371478 core:PlantMachinery 2025-03-31 SC371478 1 2025-04-01 2026-03-31 SC371478 countries:Scotland 2025-04-01 2026-03-31 SC371478 bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 SC371478 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 SC371478 bus:SmallEntities 2025-04-01 2026-03-31 SC371478 bus:FullAccounts 2025-04-01 2026-03-31
Company registration number:
SC371478
Clyde Windows And Construction Limited
Unaudited Filleted Financial Statements for the year ended
31 March 2026
Clyde Windows And Construction Limited
Statement of Financial Position
31 March 2026

|  | 2026 | 2025
--- | --- | --- | ---
| Note | £ | £
Fixed assets |  |  |  |  |
Tangible assets | 5 | 897,910 |  | 907,497 |
Current assets |  |  |  |  |
Stocks |  | 171,860 |  | 171,860 |
Debtors | 6 | 346,958 |  | 308,999 |
Cash at bank and in hand |  | 646,253 |  | 118,053 |
|  | 1,165,071 |  | 598,912 |
Creditors: amounts falling due within one year | 7 | (1,244,830 | ) | (773,140 | )
Net current liabilities |  | (79,759 | ) | (174,228 | )
Total assets less current liabilities |  | 818,151 |  | 733,269 |
Creditors: amounts falling due after more than one year | 8 | (239,120 | ) | (239,120 | )
Provisions for liabilities |  | (120,410 | ) | (116,676 | )
Net assets |  | 458,621 |  | 377,473 |
Capital and reserves |  |  |  |  |
Called up share capital |  | 100 |  | 100 |
Revaluation reserve |  | 407,923 |  | 407,923 |
Profit and loss account |  | 50,598 |  | (30,550 | )
Shareholders funds |  | 458,621 |  | 377,473 |

For the year ending
31 March 2026
, 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 year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
15 May 2026
, and are signed on behalf of the board by:

R Duckett
Director

Company registration number:
SC371478
Clyde Windows And Construction Limited
Notes to the Financial Statements
Year ended
31 March 2026

## 1 General information

The company is a private company limited by shares and is registered in Scotland. The address of the registered office is
Block 2, Unit 9-10 Hindsland Road
,
Larkhall Industrial Estate
,
Larkhall
,
ML9 2PA
, United Kingdom.

## 2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

## 3 Accounting policies

## Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

## Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

## Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

## Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Land and buildings | Straight line over 40 years
Plant and machinery | 25% straight line
Fixtures and fittings | 25% straight line
Motor vehicles | 25% straight line

## Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

## Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

## Construction contracts

Where the outcome of construction contracts can be reliably estimated, contract revenue and contract costs are recognised by reference to the stage of completion of the contract activity as at the period end.
Where the outcome of construction contracts cannot be estimated reliably, revenue is recognised to the extent of contract costs incurred that it is probable will be recoverable, and contract costs are recognised as an expense in the period in which they are incurred.
The entity uses the percentage of completion method to determine the amounts to be recognised in the period. The stage of completion is measured by reference to the contract costs incurred up to the end of the reporting period as a percentage of total estimated costs for each contract. Costs incurred for work performed to date do not include costs relating to future activity, such as for materials or prepayments.

## Government grants

Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the entity will comply with the conditions attaching to them and the grants will be received.
Government grants are recognised using the accrual model and the performance model.
Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable.
Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income and not deducted from the carrying amount of the asset.
Under the performance model, where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.

## Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

## Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

## Provisions for liabilities

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

## Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

## 4 Average number of employees

The average number of persons employed by the company during the year was
44
(2025:
39.00
).

## 5 Tangible assets

| Land and buildings | Plant and machinery etc. | Total
--- | --- | --- | ---
| £ | £ | £
Cost |  |  |  |  |  |
At 1 April 2025 | 500,000 |  | 1,309,948 |  | 1,809,948 |
Additions | - |  | 137,105 |  | 137,105 |
At 31 March 2026 | 500,000 |  | 1,447,053 |  | 1,947,053 |
Depreciation |  |  |  |  |  |
At 1 April 2025 | 73,004 |  | 829,447 |  | 902,451 |
Charge | 20,000 |  | 126,692 |  | 146,692 |
At 31 March 2026 | 93,004 |  | 956,139 |  | 1,049,143 |
Carrying amount |  |  |  |  |  |
At 31 March 2026 | 406,996 |  | 490,914 |  | 897,910 |
At 31 March 2025 | 426,996 |  | 480,501 |  | 907,497 |

## Tangible assets held at valuation

In respect of tangible assets held at valuation, the comparable amounts that would have been recognised if the assets had been carried under the historical cost model are as follows:

| Land and buildings | Land and buildings
--- | --- | ---
| 2026 | 2025
| £ | £
Aggregate historical cost | 92,077 |  | 92,077 |
Carrying amount | 92,077 |  | 92,077 |

## 6 Debtors

| 2026 | 2025
--- | --- | ---
| £ | £
Trade debtors | 142,958 |  | 103,499 |
Amounts owed by group undertakings and undertakings in which the company has a participating interest | 203,500 |  | 203,500 |
Other debtors | 500 |  | 2,000 |
| 346,958 |  | 308,999 |

## 7 Creditors: amounts falling due within one year

| 2026 | 2025
--- | --- | ---
| £ | £
Trade creditors | 221,513 |  | 182,220 |
Taxation and social security | 497,167 |  | 282,742 |
Other creditors | 526,150 |  | 308,178 |
| 1,244,830 |  | 773,140 |

## 8 Creditors: amounts falling due after more than one year

| 2026 | 2025
--- | --- | ---
| £ | £
Other creditors | 239,120 |  | 239,120 |

## 9 Controlling party

The issued share capital is held by CWC Holdings Group Limited.