COMPANY REGISTRATION NUMBER:
12844301
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MR GB GLASS SOLUTIONS LTD |
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Filleted Unaudited Financial Statements |
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MR GB GLASS SOLUTIONS LTD |
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31 August 2025
Current assets
|
Debtors |
5 |
8,533 |
35,698 |
|
Cash at bank and in hand |
1,366 |
7,340 |
|
------- |
-------- |
|
9,899 |
43,038 |
|
|
|
|
|
Creditors: amounts falling due within one year |
6 |
18,773 |
40,961 |
|
-------- |
-------- |
|
Net current (liabilities)/assets |
(
8,874) |
2,077 |
|
------- |
------- |
|
Total assets less current liabilities |
(
8,874) |
2,077 |
|
------- |
------- |
|
Net (liabilities)/assets |
(
8,874) |
2,077 |
|
------- |
------- |
|
|
|
|
Capital and reserves
|
Called up share capital |
7 |
100 |
100 |
|
Profit and loss account |
(
8,974) |
1,977 |
|
------- |
------- |
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Shareholders (deficit)/funds |
(
8,874) |
2,077 |
|
------- |
------- |
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|
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These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
28 August 2026
, and are signed on behalf of the board by:
Company registration number:
12844301
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MR GB GLASS SOLUTIONS LTD |
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Notes to the Financial Statements |
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Year ended 31 August 2025
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2nd Floor, 159a Chase Side, Enfield, Middlesex, EN2 0PW.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Staff numbers
The company had no employees during the year other than the directors.
4.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is measured at the amounts of tax expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
5.
Debtors
|
2025 |
2024 |
|
£ |
£ |
|
Other debtors |
8,533 |
35,698 |
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------- |
-------- |
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6.
Creditors:
amounts falling due within one year
|
2025 |
2024 |
|
£ |
£ |
|
Corporation tax |
5,139 |
27,680 |
|
Social security and other taxes |
585 |
– |
|
Other creditors |
13,049 |
13,281 |
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-------- |
-------- |
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18,773 |
40,961 |
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-------- |
-------- |
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7.
Called up share capital
Issued, called up and fully paid
|
2025 |
2024 |
|
No. |
£ |
No. |
£ |
|
Ordinary shares of £ 1 each |
100 |
100 |
100 |
100 |
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