| Glazedale Limited |
|
| Report to the directors on the preparation of the unaudited statutory accounts of Glazedale Limited for the year ended 30 April 2026 |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Glazedale Limited for the year ended 30 April 2026 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us. |
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/ |
| Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. |
|
| Coalesco Accountants Limited |
| Chartered Certified Accountants |
| 156 Russell Drive |
| Wollaton |
| Nottingham |
| Nottinghamshire |
| NG8 2BE |
|
| 15 July 2026 |
|
| Glazedale Limited |
| Registered number: |
00678876 |
| Balance Sheet |
| as at 30 April 2026 |
|
| Notes |
|
|
2026 |
|
|
2025 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
|
|
|
259,323 |
|
|
898,395 |
|
| Current assets |
| Stocks |
|
|
114,616 |
|
|
112,865 |
| Debtors |
3 |
|
96,422 |
|
|
42,379 |
| Cash at bank and in hand |
|
|
247,240 |
|
|
240,075 |
|
|
|
458,278 |
|
|
395,319 |
|
| Creditors: amounts falling due within one year |
4 |
|
(640,331) |
|
|
(578,929) |
|
| Net current liabilities |
|
|
|
(182,053) |
|
|
(183,610) |
|
| Total assets less current liabilities |
|
|
|
77,270 |
|
|
714,785 |
|
| Creditors: amounts falling due after more than one year |
5 |
|
|
(61,677) |
|
|
(85,475) |
|
| Provisions for liabilities |
|
|
|
(9,773) |
|
|
(9,773) |
|
|
| Net assets |
|
|
|
5,820 |
|
|
619,537 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
2,000 |
|
|
2,000 |
| Profit and loss account |
|
|
|
3,820 |
|
|
617,537 |
|
| Shareholders' funds |
|
|
|
5,820 |
|
|
619,537 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| CC Shelbourn |
| Director |
| Approved by the board on 15 July 2026 |
|
| Glazedale Limited |
| Notes to the Accounts |
| for the year ended 30 April 2026 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Tangible fixed assets |
|
Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Land and buildings |
0% straight line |
|
Plant and machinery |
20% straight line |
|
Motor vehicles |
25% reducing balance |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value.
|
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. |
|
|
Leased assets |
|
Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability.
The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.
Rentals paid under operating leases are charged to income on a straight line basis over the lease term.
|
|
|
Pensions |
|
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
|
|
|
| 2 |
Employees |
2026 |
|
2025 |
| Number |
Number |
|
|
Average number of persons employed by the company |
29 |
|
29 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Debtors |
2026 |
|
2025 |
| £ |
£ |
|
|
Trade debtors |
46,422 |
|
42,379 |
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
|
50,000 |
|
- |
|
|
|
|
|
|
96,422 |
|
42,379 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Bank loans and overdrafts |
3,570 |
|
10,904 |
|
Obligations under finance lease and hire purchase contracts |
39,226 |
|
30,562 |
|
Trade creditors |
229,874 |
|
195,848 |
|
Corporation tax |
29,660 |
|
56,039 |
|
Other taxes and social security costs |
105,617 |
|
102,171 |
|
Other creditors |
232,384 |
|
183,405 |
|
|
|
|
|
|
640,331 |
|
578,929 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due after one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Bank loans |
- |
|
1,675 |
|
Obligations under finance lease and hire purchase contracts |
61,677 |
|
83,800 |
|
|
|
|
|
|
61,677 |
|
85,475 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Loans |
2026 |
|
2025 |
| £ |
£ |
|
Creditors include: |
|
|
Hire purchase agreements |
|
|
|
|
100,903 |
|
114,362 |
|
|
|
|
|
|
|
|
|
|
These agreements are secured on the assets to which they relate. |
|
|
| 7 |
Other information |
|
|
Glazedale Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
96 Station Road |
|
Langley Mill |
|
Nottingham |
|
NG16 4BP |