Financial Statements for the Year Ended 31 August 2025

for

Mirrors & Glass (Stockport) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P S Hilgart

REGISTERED OFFICE:

84/86, Wellington Road North

Stockport

Cheshire

SK4 1HW

REGISTERED NUMBER:

00886904 (England and Wales)

ACCOUNTANTS:

Statera Accountants LLP

186 Lowndes Lane

Stockport

Cheshire

SK2 6DB

FIXED ASSETS

Tangible assets

4

342,918

377,187

CURRENT ASSETS

Stocks

5

14,877

16,950

Debtors

6

6,639

6,596

Cash at bank

8,438

20,226

29,954

43,772

CREDITORS

Amounts falling due within one year

7

136,352

133,926

NET CURRENT LIABILITIES

(106,398

)

(90,154

)

TOTAL ASSETS LESS CURRENT LIABILITIES

236,520

287,033

CREDITORS

Amounts falling due after more than one year

8

58,024

96,209

NET ASSETS

178,496

190,824

CAPITAL AND RESERVES

Called up share capital

112

112

Revaluation reserve

9

136,900

136,900

Capital redemption reserve

88

88

Retained earnings

41,396

53,724

SHAREHOLDERS' FUNDS

178,496

190,824

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 28 August 2026 and were signed by:

P S Hilgart - Director

1.	STATUTORY INFORMATION

Mirrors & Glass (Stockport) 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.

Freehold property

-

Nil

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 12 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 September 2024

168,970

588,021

59,663

Additions

-

987

-

At 31 August 2025

168,970

589,008

59,663

DEPRECIATION

At 1 September 2024

-

414,350

54,544

Charge for year

-

27,150

770

At 31 August 2025

-

441,500

55,314

NET BOOK VALUE

At 31 August 2025

168,970

147,508

4,349

At 31 August 2024

168,970

173,671

5,119

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 September 2024

66,852

11,338

894,844

Additions

-

389

1,376

At 31 August 2025

66,852

11,727

896,220

DEPRECIATION

At 1 September 2024

37,831

10,932

517,657

Charge for year

7,256

469

35,645

At 31 August 2025

45,087

11,401

553,302

NET BOOK VALUE

At 31 August 2025

21,765

326

342,918

At 31 August 2024

29,021

406

377,187

5.

STOCKS

31.8.25

31.8.24

£

£

Stocks

14,877

16,950

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

4,020

3,674

Other debtors

2,619

2,922

6,639

6,596

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

21,379

21,887

Hire purchase contracts

21,703

23,644

Trade creditors

14,647

28,047

Taxation and social security

19,153

22,135

Other creditors

59,470

38,213

136,352

133,926

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans

28,024

44,506

Hire purchase contracts

30,000

51,703

58,024

96,209

The Bank Loan is secured by a charge over the Freehold Land and Buildings.

9.

RESERVES

Revaluation

reserve

£

At 1 September 2024

and 31 August 2025

136,900