REGISTERED NUMBER: 13816347 (England and Wales)

Financial Statements

for the Year Ended 31 December 2025

for

Centre for Window and Cladding

Technology Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Bunting

S Pasetto

R White

J Downes

SECRETARY:

D W Metcalfe

REGISTERED OFFICE:

RSM, Priory Place

New London Road

Chelmsford

Essex

CM2 0PP

REGISTERED NUMBER:

13816347 (England and Wales)

FIXED ASSETS

Tangible assets

4

4,107

2,353

CURRENT ASSETS

Stocks

33,500

52,768

Debtors

5

19,781

37,015

Cash at bank

826,159

876,508

879,440

966,291

CREDITORS

Amounts falling due within one year

6

311,887

244,683

NET CURRENT ASSETS

567,553

721,608

TOTAL ASSETS LESS CURRENT LIABILITIES

571,660

723,961

RESERVES

Income and expenditure account

571,660

723,961

571,660

723,961

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 Board of Directors and authorised for issue on 30 July 2026 and were signed on its behalf by:

R White - Director

1.	STATUTORY INFORMATION

Centre for Window & Cladding Technology is a private company, limited by guarantee and 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 FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Turnover

Turnover consists of subscription income and research contract income. Subscription income represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of services falling within the company's ordinary activities.

Research contract revenue represents amounts chargeable to clients for research projects carried out during the year, and is exclusive of value added tax. Revenue is now recognised as research project services provided based on the extent of the performance of contractual obligations and the agreed rates for these services. To the extent that fees are recognised in advance of the client being billed they are included in debtors under amounts recoverable on contracts.

The total turnover of the company for the year has been derived from its principal activity wholly undertaken in the UK.

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:

Fixtures, fittings and equipment: 20% reducing balance

Residual value is calculated on prices prevailing at the reporting date, after estimated costs of disposal, for the asset as if it were the age and in the condition expected at the end of its

useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss

Work in progress

Work in progress is valued on the basis of the value of recoverable cost or percentage of completion. Provision is made for any foreseeable losses where appropriate.

Taxation

The tax expense represents the sum of the current tax expense and deferred tax expense. Current tax assets are recognised when tax paid exceeds the tax payable. Current and deferred tax is charged or credited to profit or loss, except when it relates to items charged or credited to other comprehensive income or equity, when the tax follows the transaction or event it relates to and is also charged or credited to other comprehensive income, or equity.

Current tax assets and current tax liabilities and deferred tax assets and deferred tax liabilities are offset, if and only if, there is a legally enforceable right to set off the amounts and the entity intends either to settle on the net basis or to realise the asset and settle the liability simultaneously.

Current tax is based on taxable profit for the year. Current tax assets and liabilities are measured using tax rates that have been enacted or substantively enacted by the reporting date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date where transactions or events that result in an obligation to pay more tax in the future or a right to pay less tax in the future have occurred at the reporting date. Timing differences are differences between the company's taxable profits and its results as stated in the financial statements that arise from the inclusion of gains and losses in tax assessments in periods different from those in which they are recognised in the financial statements.

Deferred tax is measured at the average tax rates that are expected to apply in the periods in which timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the reporting date. Deferred tax is measured on a non-discounted basis.

Deferred tax assets are recognised only to the extent that the directors consider that they can be reliably measured and it is probable that there will be suitable taxable profits from which the future reversal of the underlying timing difference can be deducted.

Hire purchase and leasing commitments

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

Pension costs and other post-retirement benefits

The company operates a defined contribution scheme in respect of the employees. The scheme and its assets are held by independent managers.

Company limited by guarantee

Every Member of the company undertakes to contribute such amounts as may be required (not exceeding £1) to the company's assets if it should be wound up while he is a Member or within one year after he ceases to be a member, for payment of the company's debts and liabilities contracted before he ceases to be a Member, and of the costs, charges and expenses of winding up, and for the adjustment of the rights of the contributor's amongst themselves.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2025

2,853

Additions

2,904

At 31 December 2025

5,757

DEPRECIATION

At 1 January 2025

500

Charge for year

1,150

At 31 December 2025

1,650

NET BOOK VALUE

At 31 December 2025

4,107

At 31 December 2024

2,353

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Prepayments and accrued income

19,781

37,015

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Social security and other taxes

18,394

18,000

VAT

31,281

13,900

Other creditors

17,086

14,222

Accruals and deferred income

245,126

198,561

311,887

244,683

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

36,139

36,139

Between one and five years

60,561

96,700

96,700

132,839

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Martin Longmore (Senior Statutory Auditor)

for and on behalf of Sumer Auditco Limited

9.	TRANSACTIONS WITH DIRECTORS

S Pasetto, a director, is an employee of an organisation that is a member of the company. C Birch is a consultant to an organisation that is a member of the company. The organisations pay the company for membership and services which are provided in the normal course of the company's business and at market rates.

Legal and professional fees include fees of £20,687 (2024 - £16,910) for services provided by RSM for accounting support. Richard White, a director, is an employee of RSM.

The company paid £2,880 (2024: £3,680) for payroll services to Mrs C S White, the wife of Mr R White, a director.

10.	ULTIMATE CONTROLLING PARTY

No one individual or organisation has overall control of the company.