REGISTERED NUMBER: 13096492 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

LC GLASS & GLAZING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

L Clowes

REGISTERED OFFICE:

100 Church Street

Brighton

East Sussex

BN1 1UJ

REGISTERED NUMBER:

13096492 (England and Wales)

ACCOUNTANTS:

Paddenburg & Co Limited

100 Church Street

Brighton

East Sussex

BN1 1UJ

FIXED ASSETS

Tangible assets

4

34,120

38,975

CURRENT ASSETS

Stocks

20,000

11,500

Debtors

5

161,229

97,668

Cash at bank and in hand

51,566

153,624

232,795

262,792

CREDITORS

Amounts falling due within one year

6

129,819

183,985

NET CURRENT ASSETS

102,976

78,807

TOTAL ASSETS LESS CURRENT LIABILITIES

137,096

117,782

CREDITORS

Amounts falling due after more than one year

7

(6,224

)

(8,240

)

PROVISIONS FOR LIABILITIES

8

(6,043

)

(8,287

)

NET ASSETS

124,829

101,255

CAPITAL AND RESERVES

Called up share capital

101

101

Retained earnings

124,728

101,154

124,829

101,255

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 10 July 2026 and were signed by:

L Clowes - Director

1.	STATUTORY INFORMATION

LC Glass & Glazing 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.

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but 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 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 4 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2025

10,154

48,600

770

59,524

Additions

-

5,500

483

5,983

At 31 December 2025

10,154

54,100

1,253

65,507

DEPRECIATION

At 1 January 2025

4,319

15,960

270

20,549

Charge for year

1,945

8,585

308

10,838

At 31 December 2025

6,264

24,545

578

31,387

NET BOOK VALUE

At 31 December 2025

3,890

29,555

675

34,120

At 31 December 2024

5,835

32,640

500

38,975

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

Motor

vehicles

£

COST

At 1 January 2025

and 31 December 2025

29,950

DEPRECIATION

At 1 January 2025

13,845

Charge for year

4,025

At 31 December 2025

17,870

NET BOOK VALUE

At 31 December 2025

12,080

At 31 December 2024

16,105

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

83,587

90,083

Other debtors

5,125

4,125

Directors' loan accounts

52,380

-

Tax

17,678

-

Accrued income

-

345

Prepayments

2,459

3,115

161,229

97,668

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

5,506

6,111

Trade creditors

48,351

79,147

Tax

56,195

55,680

Social security and other taxes

256

756

VAT

11,731

4,567

Pension control

72

-

Directors' loan accounts

-

26,600

Deferred income

4,108

7,524

Accrued expenses

3,600

3,600

129,819

183,985

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

5,151

8,240

Wages control

1,073

-

6,224

8,240

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

6,043

8,287

Deferred

tax

£

Balance at 1 January 2025

8,287

Accelerated capital allowances

(2,244

)

Balance at 31 December 2025

6,043

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is L Clowes.