Registration number: 04502615

Hayward Decorative Stained Glass Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 8

Hayward Decorative Stained Glass Limited

Company Information

Director

Mrs Lynda Hayward

Company secretary

Mr Derek Hayward

Registered office

19 Shiphay Park Road Shiphay Torquay Devon TQ2 7DJ

Accountants

Neil Wilson & Co Chartered Accountants Bank Chambers 260-262 Union Street Torquay Devon TQ2 5QU

Hayward Decorative Stained Glass Limited

(Registration number: 04502615)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	223	298
Current assets
Stocks	5	12,303	12,650
Debtors	6	1,864	376
Cash at bank and in hand		16,477	53,025
		30,644	66,051
Creditors: Amounts falling due within one year	7	(44,767)	(60,607)
Net current (liabilities)/assets		(14,123)	5,444
Net (liabilities)/assets		(13,900)	5,742
Capital and reserves
Called up share capital	8	2	2
Retained earnings		(13,902)	5,740
Shareholders' (deficit)/funds		(13,900)	5,742

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 25 March 2026
 

......................................... Mrs Lynda Hayward Director

Hayward Decorative Stained Glass Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
19 Shiphay Park Road
Shiphay
Torquay
Devon
TQ2 7DJ

These financial statements were authorised for issue by the director on 25 March 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Hayward Decorative Stained Glass Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% reducing balance
Office equipment	25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Hayward Decorative Stained Glass Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

Hayward Decorative Stained Glass Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Other tangible assets £	Total £
Cost or valuation
At 1 January 2025	10,828	8,268	19,096
At 31 December 2025	10,828	8,268	19,096
Depreciation
At 1 January 2025	10,598	8,200	18,798
Charge for the year	58	17	75
At 31 December 2025	10,656	8,217	18,873
Carrying amount
At 31 December 2025	172	51	223
At 31 December 2024	230	68	298

5

Stocks

	2025 £	2024 £
Raw materials and consumables	3,280	3,280
Finished goods and goods for resale	9,023	9,370
	12,303	12,650

6

Debtors

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Taxation and social security	813	-
Accruals and deferred income	750	725
Other creditors	43,204	59,882
	44,767	60,607

Hayward Decorative Stained Glass Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100

9

Dividends

		2025		2024
		£		£
Interim dividend of £Nil (2024 - £500.00) per ordinary share		-		1,000

10	Related party transactions

Transactions with the director

2025	At 1 January 2025 £	Advances to director £	At 31 December 2025 £
Mrs Lynda Hayward
Director loan	(59,882)	14,678	(45,204)

2024	At 1 January 2024 £	Advances to director £	At 31 December 2024 £
Mrs Lynda Hayward
Director loan	(67,253)	7,371	(59,882)

Director's remuneration

The director's remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	9,578	5,600

Dividends paid to the director

Hayward Decorative Stained Glass Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

		2025 £		2024 £
Mrs Lynda Hayward
Final dividend paid		-		-
Interim dividend paid		-		500
		-		500