Company Registration No. 07910895 (England and Wales)
Montrose Glass Limited
Unaudited accounts
for the year ended 31 January 2026
Montrose Glass Limited
Statement of financial position
as at 31 January 2026
Tangible assets
131,426
132,096
Cash at bank and in hand
310,323
317,896
Creditors: amounts falling due within one year
(525,013)
(499,134)
Net current (liabilities)/assets
(16,412)
72,834
Total assets less current liabilities
115,014
204,930
Creditors: amounts falling due after more than one year
(28,649)
(45,587)
Provisions for liabilities
Called up share capital
4
4
Profit and loss account
53,504
159,339
Shareholders' funds
53,508
159,343
For the year ending 31 January 2026 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 directors acknowledge their 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 of Directors and authorised for issue on 10 August 2026 and were signed on its behalf by
Gary Bush
Director
Company Registration No. 07910895
Montrose Glass Limited
Notes to the Accounts
for the year ended 31 January 2026
Montrose Glass Limited is a private company, limited by shares, registered in England and Wales, registration number 07910895. The registered office is SUITE 8, WESTON CHAMBERS WESTON ROAD, WESTON ROAD, SOUTHEND-ON-SEA, ESSEX, SS1 1AT, UNITED KINGDOM.
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
10% Straight Line
Motor vehicles
10% Straight Line
Fixtures & fittings
10% Straight Line
Computer equipment
5% Straight Line
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.
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.
Montrose Glass Limited
Notes to the Accounts
for the year ended 31 January 2026
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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.
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.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 February 2025
-
116,311
20,468
22,471
159,250
Additions
786
679
2,312
11,129
14,906
At 31 January 2026
786
116,990
22,780
33,600
174,156
At 1 February 2025
-
19,173
5,292
2,689
27,154
Charge for the year
79
11,699
2,118
1,680
15,576
At 31 January 2026
79
30,872
7,410
4,369
42,730
At 31 January 2026
707
86,118
15,370
29,231
131,426
At 31 January 2025
-
97,138
15,176
19,782
132,096
Amounts falling due within one year
Trade debtors
185,959
249,066
Accrued income and prepayments
3,922
3,617
Amounts falling due after more than one year
Montrose Glass Limited
Notes to the Accounts
for the year ended 31 January 2026
6
Creditors: amounts falling due within one year
2026
2025
Trade creditors
131,665
107,829
Taxes and social security
210,209
182,973
Loans from directors
-
2,007
Deferred income
26,430
45,776
7
Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
25,143
31,702
8
Deferred taxation
2026
2025
Accelerated capital allowances
32,857
-
Charged to the profit and loss account
32,857
-
Provision at end of year
32,857
-
Allotted, called up and fully paid:
80 Ordinary A Shares of £0.01 each
0.80
0.80
320 Ordinary B Shares of £0.01 each
3.20
3.20
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Michael Joseph Lawrence Montrose
Interest free loans made to the company
504
-
207
297
Michael James Arnold Montrose
Interest free loans made to the company
968
2,404
-
3,372
Interest free loans made to the company
-
4,728
-
4,728
Montrose Glass Limited
Notes to the Accounts
for the year ended 31 January 2026
11
Average number of employees
During the year the average number of employees was 11 (2025: 10).
12
Reconciliations on adoption of FRS 102
As a result of implementing FRS102, a Deferred Tax charge of £32,857 was incurred in the 2026 accounts. If the Deferred Tax had been charged in 2025, this would have been a charge of £33,024. This would have then resulted in a release of £167 in the 2026 accounts.