REGISTERED NUMBER: 01504584 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

PROVINCIAL WINDOWS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

C Robinson

REGISTERED OFFICE:

3 Blacklands Crescent

Forest Row

East Sussex

RH18 5NN

REGISTERED NUMBER:

01504584 (England and Wales)

ACCOUNTANTS:

Charles Lamb

Chartered Accountants

3 Blacklands Crescent

Forest Row

East Sussex

RH18 5NN

FIXED ASSETS

Tangible assets

4

82,784

124,746

CURRENT ASSETS

Stocks

63,211

85,601

Debtors

5

249,811

592,390

Cash at bank and in hand

62,033

129,587

375,055

807,578

CREDITORS

Amounts falling due within one year

6

664,277

782,378

NET CURRENT (LIABILITIES)/ASSETS

(289,222

)

25,200

TOTAL ASSETS LESS CURRENT LIABILITIES

(206,438

)

149,946

CREDITORS

Amounts falling due after more than one year

7

(99,610

)

(86,505

)

PROVISIONS FOR LIABILITIES

(11,141

)

(32,513

)

NET (LIABILITIES)/ASSETS

(317,189

)

30,928

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

(317,193

)

30,924

SHAREHOLDERS' FUNDS

(317,189

)

30,928

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 23 June 2026 and were signed by:

C Robinson - Director

1.	STATUTORY INFORMATION

Provincial Windows Limited 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Short leasehold

-

10% on cost

Plant and machinery

-

25% on cost

Motor vehicles

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 14 (2023 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Short

Plant and

Motor

leasehold

machinery

vehicles

Totals

£

£

£

£

COST

At 1 January 2024

34,340

233,305

245,588

513,233

Additions

-

5,521

33,033

38,554

Disposals

-

(989

)

(25,500

)

(26,489

)

At 31 December 2024

34,340

237,837

253,121

525,298

DEPRECIATION

At 1 January 2024

33,788

198,839

155,860

388,487

Charge for year

552

21,213

58,751

80,516

Eliminated on disposal

-

(989

)

(25,500

)

(26,489

)

At 31 December 2024

34,340

219,063

189,111

442,514

NET BOOK VALUE

At 31 December 2024

-

18,774

64,010

82,784

At 31 December 2023

552

34,466

89,728

124,746

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 January 2024

201,968

Additions

33,033

Transfer to ownership

(35,000

)

At 31 December 2024

200,001

DEPRECIATION

At 1 January 2024

112,240

Charge for year

58,751

Transfer to ownership

(35,000

)

At 31 December 2024

135,991

NET BOOK VALUE

At 31 December 2024

64,010

At 31 December 2023

89,728

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

182,075

266,474

Amounts owed by group undertakings

35,579

-

Amounts owed by associates

-

284,630

Other debtors

32,157

41,286

249,811

592,390

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

30,053

20,000

Hire purchase contracts

42,350

40,100

Trade creditors

156,194

155,948

Amounts owed to group undertakings

-

11,820

Taxation and social security

68,509

87,618

Other creditors

367,171

466,892

664,277

782,378

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

57,021

30,024

Hire purchase contracts

42,589

56,481

99,610

86,505

8.	RELATED PARTY DISCLOSURES