SRS Windows And Doors Limited - Filleted accounts

Registered number

09323315

SRS Windows And Doors Limited

Filleted Accounts

28 February 2026

SRS Windows And Doors Limited
Registered number:		09323315
Balance Sheet
as at 28 February 2026

Notes			2026			2024
£				£
Fixed assets
Tangible assets	3		161,607			226,096

Current assets
Debtors	4	136,175			80,575
Cash at bank and in hand		12,842			50,258
		149,017			130,833

Creditors: amounts falling due within one year	5	(141,159)			(149,746)

Net current assets/(liabilities)			7,858			(18,913)

Total assets less current liabilities			169,465			207,183

Creditors: amounts falling due after more than one year	6		(134,449)			(186,440)

Provisions for liabilities			-			(11,731)


Net assets			35,016			9,012

Capital and reserves
Called up share capital			2			2
Profit and loss account			35,014			9,010

Shareholders' funds			35,016			9,012

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.




W J Crowe
Director
Approved by the board on 24 July 2026

SRS Windows And Doors Limited
Notes to the Accounts
for the period from 1 December 2024 to 28 February 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 (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. 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:

	Motor Vehicle			25% reducing balance method
	Plant and machinery			25% reducing balance method

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.











	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2026		2024
Number							Number

	Average number of persons employed by the company					5		5












3	Tangible fixed assets
				Plant and machinery etc		Motor vehicles		Total
£					£		£
	Cost
	At 1 December 2024			2,068		312,345		314,413
	Additions			-		76,408		76,408
	Disposals			-		(125,191)		(125,191)
	At 28 February 2026			2,068		263,562		265,630

	Depreciation
	At 1 December 2024			905		87,412		88,317
	Charge for the period			291		53,578		53,869
	On disposals			-		(38,163)		(38,163)
	At 28 February 2026			1,196		102,827		104,023

	Net book value
	At 28 February 2026			872		160,735		161,607
	At 30 November 2024			1,163		224,933		226,096


4	Debtors					2026		2024
£							£

	Trade debtors					75,730		73,575
	Deferred tax asset					2,473		-
	Other debtors					57,972		7,000
						136,175		80,575


5	Creditors: amounts falling due within one year					2026		2024
£							£

	Bank loans and overdrafts					10,139		16,651
	Obligations under finance lease and hire purchase contracts					51,448		56,270
	Trade creditors					14,647		2,604
	Taxation and social security costs					64,925		72,919
	Other creditors					-		1,302
						141,159		149,746









6	Creditors: amounts falling due after one year					2026		2024
£							£

	Bank loans					-		4,318
	Obligations under finance lease and hire purchase contracts					134,449		182,122
						134,449		186,440


7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	W J Crowe
	DLA overdrawn at period ended 28/2/2026 - repaid 31/5/2026 - interest charged at 3.75%	-		22,717		-		22,717

	N T Parris
	DLA overdrawn at period ended 28/2/2026 - repaid 31/5/2026 - interest charged at 3.75%	-		22,682		-		22,682

		-		45,399		-		45,399


8	Other information

	SRS Windows And Doors Limited is a private company limited by shares and incorporated in England. Its registered office is:
	11 Mount Avenue
	Chaldon
	Caterham
	CR3 5BB