Salford Glass Ltd

Salford Glass Ltd
Statement of Financial Position
As at 31 January 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	25,009	11,000
		25,009	11,000
Current assets
Stocks		300	300
Debtors		114,754	112,770
Cash at bank and in hand		435,003	437,820
		550,057	550,890
Creditors: amount falling due within one year		(29,842)	(40,512)
Net current assets		520,215	510,378

Total assets less current liabilities		545,224	521,378
Creditors: amount falling due after more than one year		0	(2,043)
Provisions for liabilities		(278)	(277)
Net assets		544,946	519,058

Capital and reserves
Called up share capital	4	100	100
Share Premium Account		3,207	3,207
Profit and loss account		541,639	515,751
Shareholders' funds		544,946	519,058

For the year ended 31 January 2026 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 accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 14 October 2026 and were signed on its behalf by:

-------------------------------
Nicholas Anthony Walsh
Director

Salford Glass Ltd
Notes to the Abridged Financial Statements
For the year ended 31 January 2026

General Information

Salford Glass Ltd is a private company, limited by shares, registered in England & Northern Ireland, registration number 08870093, registration address Unit 1 The Yard, Dorchester Road, Swinton, M27 5NU.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment	30% Reducing Balance
Plant and Machinery	15% and 30% Reducing Balance
Motor Vehicles	25% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 5 (2025 : 5).

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
At 01 February 2025	14,577	20,990	3,361	38,928
Additions	158	21,500	-	21,658
Disposals	(235)	-	-	(235)
At 31 January 2026	14,500	42,490	3,361	60,351
Depreciation
At 01 February 2025	7,306	18,071	2,551	27,928
Charge for year	1,240	6,105	243	7,588
On disposals	(174)	-	-	(174)
At 31 January 2026	8,372	24,176	2,794	35,342
Net book values
Closing balance as at 31 January 2026	6,128	18,314	567	25,009
Opening balance as at 01 February 2025	7,271	2,919	810	11,000

Share Capital

Allotted, called up and fully paid	2026 £		2025 £
100 Class A shares of £1.00 each	100		100
	100		100