Company Registration No. 04834491 (England and Wales)
MC Lead Glaziers Limited
Unaudited accounts
for the year ended 30 November 2025
MC Lead Glaziers Limited
Unaudited accounts
Contents
MC Lead Glaziers Limited
Company Information
for the year ended 30 November 2025
Company Number
04834491 (England and Wales)
Registered Office
Unit 2 251 Holt Road
Horsford
Norwich
Norfolk
NR10 3EB
Accountants
Mrs A C Howell
13 Ipswich Grove
Norwich
Norfolk
NR2 2LU
MC Lead Glaziers Limited
Statement of financial position
as at 30 November 2025
Intangible assets
107,153
117,869
Tangible assets
28,608
35,221
Cash at bank and in hand
55,093
54,142
Creditors: amounts falling due within one year
(131,900)
(144,752)
Net current liabilities
(61,529)
(74,618)
Total assets less current liabilities
74,232
78,472
Creditors: amounts falling due after more than one year
-
(4,653)
Provisions for liabilities
Deferred tax
(1,843)
(2,870)
Called up share capital
1
1
Profit and loss account
72,388
70,948
Shareholders' funds
72,389
70,949
For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 August 2026 and were signed on its behalf by
P M Campling
Director
Company Registration No. 04834491
MC Lead Glaziers Limited
Notes to the Accounts
for the year ended 30 November 2025
MC Lead Glaziers Limited is a private company, limited by shares, registered in England and Wales, registration number 04834491. The registered office is Unit 2 251 Holt Road, Horsford, Norwich, Norfolk, NR10 3EB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
25% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Stock has been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
MC Lead Glaziers Limited
Notes to the Accounts
for the year ended 30 November 2025
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill
At 1 December 2024
246,313
At 30 November 2025
246,313
At 1 December 2024
128,444
Charge for the year
10,716
At 30 November 2025
139,160
At 30 November 2025
107,153
At 30 November 2024
117,869
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 December 2024
83,412
66,044
149,456
At 30 November 2025
84,928
66,044
150,972
At 1 December 2024
71,199
43,036
114,235
Charge for the year
2,377
5,752
8,129
At 30 November 2025
73,576
48,788
122,364
At 30 November 2025
11,352
17,256
28,608
At 30 November 2024
12,213
23,008
35,221
Amounts falling due within one year
Accrued income and prepayments
2,243
8,673
MC Lead Glaziers Limited
Notes to the Accounts
for the year ended 30 November 2025
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
5,240
10,648
Trade creditors
6,052
2,256
Taxes and social security
2,377
208
Loans from directors
117,311
130,402
8
Creditors: amounts falling due after more than one year
2025
2024
9
Average number of employees
During the year the average number of employees was 2 (2024: 3).