REGISTERED NUMBER: 01749618 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Newglaze Windows Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S M Rogers

N Wyman

Mrs R Donnelly

A McCoy

S J Loader

SECRETARY:

S M Rogers

REGISTERED OFFICE:

20a High Street

Glastonbury

Somerset

BA6 9DU

REGISTERED NUMBER:

01749618 (England and Wales)

ACCOUNTANTS:

Edward Howells Associates Limited

Chartered Certified Accountants

20a High Street

Glastonbury

Somerset

BA6 9DU

BANKERS:

National Westminster Bank

7 High Street

Wells

Somerset

BA5 2AD

SOLICITORS:

Rutters

2 Bimport

Shaftesbury

Dorset

SP7 8AY

FIXED ASSETS

Tangible assets

4

181,595

214,034

Investments

5

1

1

181,596

214,035

CURRENT ASSETS

Stocks

140,000

125,000

Debtors

6

509,510

724,958

Cash at bank and in hand

1,456,354

1,351,193

2,105,864

2,201,151

CREDITORS

Amounts falling due within one year

7

1,238,991

1,325,660

NET CURRENT ASSETS

866,873

875,491

TOTAL ASSETS LESS CURRENT LIABILITIES

1,048,469

1,089,526

CREDITORS

Amounts falling due after more than one year

8

-

(50,000

)

PROVISIONS FOR LIABILITIES

(42,988

)

(50,935

)

NET ASSETS

1,005,481

988,591

CAPITAL AND RESERVES

Called up share capital

64

64

Capital redemption reserve

32

32

Retained earnings

1,005,385

988,495

SHAREHOLDERS' FUNDS

1,005,481

988,591

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 7 September 2026 and were signed on its behalf by:

S M Rogers - Director

N Wyman - Director

1.	STATUTORY INFORMATION

Newglaze Windows 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

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 42 (2024 - 44 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

15,359

1,737

463,582

35,586

516,264

Additions

-

-

26,995

1,398

28,393

Disposals

(1,768

)

-

-

(2,925

)

(4,693

)

At 31 December 2025

13,591

1,737

490,577

34,059

539,964

DEPRECIATION

At 1 January 2025

12,374

1,637

269,082

19,137

302,230

Charge for year

835

-

54,775

4,907

60,517

Eliminated on disposal

(1,718

)

-

-

(2,660

)

(4,378

)

At 31 December 2025

11,491

1,637

323,857

21,384

358,369

NET BOOK VALUE

At 31 December 2025

2,100

100

166,720

12,675

181,595

At 31 December 2024

2,985

100

194,500

16,449

214,034

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 January 2025

101,975

Additions

26,995

Transfer to ownership

(81,980

)

At 31 December 2025

46,990

DEPRECIATION

At 1 January 2025

37,370

Charge for year

10,680

Transfer to ownership

(37,370

)

At 31 December 2025

10,680

NET BOOK VALUE

At 31 December 2025

36,310

At 31 December 2024

64,605

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2025

and 31 December 2025

1

NET BOOK VALUE

At 31 December 2025

1

At 31 December 2024

1

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

312,249

332,341

Other debtors

197,261

392,617

509,510

724,958

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

50,000

120,000

Hire purchase contracts

25,667

27,500

Trade creditors

204,938

238,147

Taxation and social security

185,696

190,110

Other creditors

772,690

749,903

1,238,991

1,325,660

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

-

50,000

9.	CAPITAL REDEMPTION RESERVE

In 2024 the company purchased 32 of its own shares, which were duly cancelled.

In order to maintain the reserves, a transfer was made to the capital redemption reserve.