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Registered number:
FOR THE PERIOD ENDED 31 JANUARY 2026
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HAZLEMERE WINDOW COMPANY LIMITED
COMPANY INFORMATION
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HAZLEMERE WINDOW COMPANY LIMITED
CONTENTS
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HAZLEMERE WINDOW COMPANY LIMITED
STRATEGIC REPORT
FOR THE PERIOD ENDED 31 JANUARY 2026
The directors present their Strategic report for the year ended 31 January 2026.
The directors present the financial statements for the year ended 31 January 2026.
Turnover for the year decreased by £3,780,632 from £17,156,862 in 2025 to £13,376,230 in 2026 and gross profit has decreased from £4,430,735 to £2,935,099. The gross profit margin has decreased from 26% to 22%. The loss for the year before tax was £702,217 (2025 - profit before tax was £586,136). The directors’ focus for the coming year is to attract more customers and ensure that the company continues to deliver top quality customer service.
The main risks arising for the company, and the measures in place to mitigate them, are:
Credit risk All customers who wish to trade on credit terms are subject to credit verification procedures. Interest rate risk The company is exposed to fair value interest rate risk on its variable rate borrowings. The company seeks to reduce this risk by keeping any borrowings to a minimum.
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HAZLEMERE WINDOW COMPANY LIMITED
STRATEGIC REPORT (CONTINUED)
FOR THE PERIOD ENDED 31 JANUARY 2026
The directors monitor the progress of the company by reference to the following financial key performance indicators:
The company's turnover was £13,376,230 (2025 - £17,156,862). The company's gross profit margin was 22% (2025 - 26%). The company had net assets of £3,005,115 (2025 - £3,621,688).
In 2026 the directors have continued to focus on developing the company's retail and commercial businesses. Future plans will include capital expenditure to promote growth.
This report was approved by the board on 21 October 2026 and signed on its behalf.
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HAZLEMERE WINDOW COMPANY LIMITED
DIRECTORS' REPORT
FOR THE PERIOD ENDED 31 JANUARY 2026
The directors present their report and the financial statements for the year ended 31 January 2026.
The directors are responsible for preparing the Strategic report, the Directors' report and the financial statements in accordance with applicable law and regulations.
In preparing these financial statements, the directors are required to:
∙select suitable accounting policies for the Company's financial statements and then apply them consistently;
∙make judgments and accounting estimates that are reasonable and prudent;
∙state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Going concern assumption The financial statements have been prepared on a going concern basis. The directors have considered the factors which impact the company's future development, performance, cash flow, and financial position in forming their opinion on the going concern basis. The directors believe that the company has adequate resources to continue to operate and meet obligations as they fall due for the foreseeable future and therefore use of the going concern assumption is appropriate.
The loss for the year, after taxation, amounted to £616,822 (2025 - profit £424,622).
Dividends of £Nil (2025 - £3,000,001) were paid during the year.
The directors who served during the year were:
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HAZLEMERE WINDOW COMPANY LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE PERIOD ENDED 31 JANUARY 2026
The company has chosen in accordance with section 414C of Companies Act 2006 to set out the following information, which would otherwise be required within the Directors' report, within the Strategic report: financial risk management and future developments.
There have been no significant events affecting the Company since the year end.
The auditors, Barnes Roffe Audit Limited, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.
This report was approved by the board on
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HAZLEMERE WINDOW COMPANY LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF HAZLEMERE WINDOW COMPANY LIMITED
We have audited the financial statements of Hazlemere Window Company Limited (the 'Company') for the year ended 31 January 2026, which comprise the Statement of comprehensive income, the Statement of financial position, the Statement of changes in equity and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
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HAZLEMERE WINDOW COMPANY LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF HAZLEMERE WINDOW COMPANY LIMITED (CONTINUED)
The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' report thereon. The directors are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
In our opinion, based on the work undertaken in the course of the audit:
∙the information given in the Strategic report and the Directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
∙the Strategic report and the Directors' report have been prepared in accordance with applicable legal requirements.
In the light of the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic report or the Directors' report.
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HAZLEMERE WINDOW COMPANY LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF HAZLEMERE WINDOW COMPANY LIMITED (CONTINUED)
Auditors' responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below. Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with law and regulations, was as follows: i) Companies Act 2006. ii) FRS102. iii) Tax legislation. iv) FCA regulations.
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HAZLEMERE WINDOW COMPANY LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF HAZLEMERE WINDOW COMPANY LIMITED (CONTINUED)
We assessed the susceptibility of the company’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur by:
∙Making enquiries of management as to where they consider there was susceptibility to fraud and their knowledge of actual suspected and alleged fraud;
∙Considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations;
∙Reviewing the financial statements and testing the disclosures against supporting documentation;
∙Performing analytical procedures to identify any unusual or unexpected trends or anomalies;
∙Inspecting and testing journal entries to identify unusual or unexpected transactions;
∙Assessing whether judgement and assumptions made in determining significant accounting estimates, were indicative of management bias; and
∙Investigating the rationale behind significant transactions, or transactions that are unusual or outside the company’s usual course of business.
The areas that we identified as being susceptible to misstatement through fraud were:
∙Management bias in the estimates and judgements made;
∙Management override of controls; and
∙Posting of unusual journals or transactions.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' report.
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HAZLEMERE WINDOW COMPANY LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF HAZLEMERE WINDOW COMPANY LIMITED (CONTINUED)
This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed.
for and on behalf of
Chartered Accountants & Statutory Auditors
3 Brook Business Centre
Cowley Mill Road
Middlesex
UB8 2FX
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HAZLEMERE WINDOW COMPANY LIMITED
STATEMENT OF COMPREHENSIVE INCOME
FOR THE PERIOD ENDED 31 JANUARY 2026
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HAZLEMERE WINDOW COMPANY LIMITED
REGISTERED NUMBER: 02185969
STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2026
The financial statements were approved and authorised for issue by the board and were signed on its behalf on
The notes on pages 13 to 25 form part of these financial statements.
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HAZLEMERE WINDOW COMPANY LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 JANUARY 2026
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HAZLEMERE WINDOW COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2026
Hazlemere Window Company Limited is a company limited by shares, incorporated in England and Wales. The address of the registered office is Wellington Road, Cressex Industrial Estate, High Wycombe, Buckinghamshire, HP12 3PR.
The company specialises in the manufacture and installation of replacement windows and the construction of conservatories.
2.Accounting policies
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The financial statements have been prepared on a going concern basis. The directors have considered the factors which impact the company's future development, performance, cash flow, and financial position in forming their opinion on the going concern basis. The directors believe that the company has adequate resources to continue to operate and meet obligations as they fall due for the foreseeable future and therefore use of the going concern assumption is appropriate.
The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
- the requirements of Section 7 Statement of Cash Flows; - the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d). This information is included in the consolidated financial statements of Hazlemere Holdings Limited as at year ended 31 January 2026 and these financial statements may be obtained from Companies House, Crown Way, Maindy, Cardiff, CF14 3UZ. Revenue on retail contracts is recognised on the date of supply and installation of the goods. In respect of long term contracts, revenue represents the value of work done in the year, including estimates of amounts not invoiced. Revenue in respect of long-term contracts is recognised by reference to the stage of completion of the contracts. The portion of revenue from a contract under retention is only recognised as revenue once monies relating to the retention have been received.
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HAZLEMERE WINDOW COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2026
2.Accounting policies (continued)
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following basis:
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of comprehensive income.
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
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HAZLEMERE WINDOW COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2026
2.Accounting policies (continued)
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of comprehensive income.
For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract. For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the reporting date. Financial assets and liabilities are offset and the net amount reported in the Statement of financial position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
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HAZLEMERE WINDOW COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2026
2.Accounting policies (continued)
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HAZLEMERE WINDOW COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2026
1. Determine whether there are indicators of impairment of the company's tangible assets. Factors taken into consideration in reaching such a decision include the economic viability and expected future financial performance of the asset. 2. Retentions are only recognised as revenue once monies have been received. Management are of the opinion that retentions do not meet the definition and recognition criteria of revenue as there is no unconditional right to receive funds, thereby reducing the probability of the funds being received, until such time as the final sign-off has been agreed with the client. Other key sources of estimation uncertainty: 1. Tangible fixed assets are depreciated over their useful lives taking into account residual values, where appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending on a number of factors. In re-assessing the asset lives, factors such as technological innovation, product life cycles and maintenance programmes are taken into account. Residual value assessments consider issues such as future market conditions, the remaining life of the asset and projected disposal values. 2. Some element of estimation is required in connection with the assessment of long-term contracts due to the nature of the work being undertaken. Whilst recognising this, the methods used by the company to assess the position of a contract at a point in time are robust and ensure that any such variances are insignificant and have no material effect on the reported results.
The whole of the turnover is attributable to the replacement of windows and construction of conservatories, and all arises in the UK.
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HAZLEMERE WINDOW COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2026
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HAZLEMERE WINDOW COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2026
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HAZLEMERE WINDOW COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2026
11.Taxation (continued)
There are no significant factors that may affect future tax charges.
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HAZLEMERE WINDOW COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2026
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HAZLEMERE WINDOW COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2026
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HAZLEMERE WINDOW COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2026
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HAZLEMERE WINDOW COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2026
Capital redemption reserve
Profit and loss account
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HAZLEMERE WINDOW COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2026
The company has given an unlimited cross guarantee to its bankers in respect of the borrowings of its parent company, Hazlemere Holdings Limited.
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £Nil (2025 - £5,680).
The immediate and ultimate parent undertaking is Hazlemere Holdings Limited, a company incorporated in England and Wales, and whose registered address is Wellington Road, Cressex Industrial Estate, High Wycombe, Buckinghamshire, HP12 3PR.
There is no ultimate
Consolidated accounts for Hazlemere Holdings Limited are available at Companies House, Crown Way, Maindy, Cardiff, CF14 3UZ. This is the only company in the group which prepares consolidated accounts in which the company is included.
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