| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MAY 2026 |
| FOR |
| J SAPSWORTH GLAZING AND DECORATING LTD |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MAY 2026 |
| FOR |
| J SAPSWORTH GLAZING AND DECORATING LTD |
| J SAPSWORTH GLAZING AND DECORATING LTD (REGISTERED NUMBER: 01308754) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the Year Ended 31 May 2026 |
| Page |
| Company Information | 1 |
| Report of the Accountants | 2 |
| Balance Sheet | 3 |
| Notes to the Financial Statements | 4 |
| J SAPSWORTH GLAZING AND DECORATING LTD |
| COMPANY INFORMATION |
| for the Year Ended 31 May 2026 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 206 Endeavour House |
| Wrest Park |
| Silsoe |
| Bedfordshire |
| MK45 4HS |
| J SAPSWORTH GLAZING AND DECORATING LTD |
| REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF |
| J SAPSWORTH GLAZING AND DECORATING LTD |
| The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies. |
| As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 May 2026 set out on pages four to eleven and you consider that the company is exempt from an audit. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
| 206 Endeavour House |
| Wrest Park |
| Silsoe |
| Bedfordshire |
| MK45 4HS |
| J SAPSWORTH GLAZING AND DECORATING LTD (REGISTERED NUMBER: 01308754) |
| BALANCE SHEET |
| 31 May 2026 |
| 2025 | 2026 |
| £ | £ | Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks | 6 |
| Debtors | 7 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| ( |
) | Amounts falling due after more than one year |
9 |
( |
) |
| ( |
) | PROVISIONS FOR LIABILITIES | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Revaluation reserve | 12 |
| Retained earnings | 12 |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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 were approved by the director and authorised for issue on |
| J SAPSWORTH GLAZING AND DECORATING LTD (REGISTERED NUMBER: 01308754) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Year Ended 31 May 2026 |
| 1. | STATUTORY INFORMATION |
| J Sapsworth Glazing & Decorating Ltd is a private company, limited by shares and registered in England and Wales. |
| The company's registered number and registered office address are as follows: |
| Registered number 01308754 |
| Registered address 94 Marsh Road |
| Luton |
| Bedfordshire |
| LU3 2NL |
| The principal activity of the company in the year under review was that of the provisions of painting, decorating and glazing. |
| The presentation currency of the financial statements is sterling (£). |
| 2. | STATEMENT OF COMPLIANCE |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Significant judgements and estimates |
| No significant judgements or estimates have had to be made by the directors in preparing these financial statements. |
| The directors have made key assumptions in the determination of the fair value of a freehold property in respect of the state of the property market in the location where the property is situated and in respect of the range of reasonable fair value estimates of the assets. |
| 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 |
| Plant & machinery | - |
| Fixtures & fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Stocks & work in progress |
| Stock and work in progress are valued at the lower of net invoiced cost and net realisable value on a first in first out basis, after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
| 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. |
| J SAPSWORTH GLAZING AND DECORATING LTD (REGISTERED NUMBER: 01308754) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31 May 2026 |
| 3. | ACCOUNTING POLICIES - continued |
| 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. |
| 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. |
| 4. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 5. | TANGIBLE FIXED ASSETS |
| Freehold | Plant & |
| Totals | property | machinery |
| £ | £ | £ |
| COST |
| At 1 June 2025 |
| and 31 May 2026 |
| DEPRECIATION |
| At 1 June 2025 |
| Charge for year |
| At 31 May 2026 |
| NET BOOK VALUE |
| At 31 May 2026 |
| At 31 May 2025 |
| J SAPSWORTH GLAZING AND DECORATING LTD (REGISTERED NUMBER: 01308754) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31 May 2026 |
| 5. | TANGIBLE FIXED ASSETS - continued |
| Fixtures | Motor | Computer |
| & fittings | vehicles | equipment |
| £ | £ | £ |
| COST |
| At 1 June 2025 |
| and 31 May 2026 |
| DEPRECIATION |
| At 1 June 2025 |
| Charge for year |
| At 31 May 2026 |
| NET BOOK VALUE |
| At 31 May 2026 |
| At 31 May 2025 |
| In freehold property above are buildings at 94 Marsh Road, Luton, Bedfordshire which were professionally revalued on 4 September 1990 at £145,000 resulting in a surplus of £74,552. |
| The company acquired on 21 December 2001 92 Marsh Road, Luton, Bedfordshire at cost of £72,551. |
| The directors consider that the overall fair value of the freehold value of all freehold property to be in the region of £680,000 In the event of the sale of these properties at the above value, the company would incur a corporation tax liability of approximately £87300.17 arising from the capital gain. |
| Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
| Motor |
| vehicles |
| £ |
| COST |
| At 1 June 2025 |
| Transfer to ownership | (52,664 | ) |
| At 31 May 2026 |
| DEPRECIATION |
| At 1 June 2025 |
| Transfer to ownership | (23,292 | ) |
| At 31 May 2026 |
| NET BOOK VALUE |
| At 31 May 2026 |
| At 31 May 2025 |
| 6. | STOCKS |
| 2026 | 2025 |
| £ | £ |
| Stock & work in progress |
| J SAPSWORTH GLAZING AND DECORATING LTD (REGISTERED NUMBER: 01308754) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31 May 2026 |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2026 | 2025 |
| £ | £ |
| Trade debtors |
| Prepayments |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2026 | 2025 |
| £ | £ |
| Bank loans and overdrafts |
| Hire purchase contracts (see note 10) |
| Trade creditors |
| Tax |
| Social security and other taxes |
| VAT | 23,017 | 6,808 |
| Directors' loan accounts | 20,921 | 56,107 |
| Accruals & deferred income |
| 9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2026 | 2025 |
| £ | £ |
| Bank loans - 1-2 years |
| Bank loans - 2-5 years |
| Bank loans more 5 years |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans more 5 years | 31,568 | 49,609 |
| 10. | LEASING AGREEMENTS |
| Minimum lease payments under hire purchase fall due as follows: |
| 2026 | 2025 |
| £ | £ |
| Gross obligations repayable: |
| Within one year |
| Finance charges repayable: |
| Within one year |
| Net obligations repayable: |
| Within one year |
| J SAPSWORTH GLAZING AND DECORATING LTD (REGISTERED NUMBER: 01308754) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31 May 2026 |
| 11. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2026 | 2025 |
| £ | £ |
| Bank loans |
| Hire purchase contracts | - | 3,529 |
| . |
| 12. | RESERVES |
| Retained | Revaluation |
| Totals | earnings | reserve |
| £ | £ | £ |
| At 1 June 2025 | 625,491 |
| Deficit for the year | ( |
) | ( |
) |
| At 31 May 2026 | 614,276 |