| Ace Glazed Products Limited |
| Registered number: |
04594259 |
| Balance Sheet |
| as at 31 January 2026 |
|
| Notes |
|
|
2026 |
|
|
2025 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
28,918 |
|
|
30,547 |
|
| Current assets |
| Stocks |
|
|
87,400 |
|
|
62,850 |
| Debtors |
4 |
|
60,865 |
|
|
47,758 |
| Cash at bank and in hand |
|
|
59,254 |
|
|
89,177 |
|
|
|
207,519 |
|
|
199,785 |
|
| Creditors: amounts falling due within one year |
5 |
|
(35,344) |
|
|
(34,447) |
|
| Net current assets |
|
|
|
172,175 |
|
|
165,338 |
|
| Net assets |
|
|
|
201,093 |
|
|
195,885 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
200,993 |
|
|
195,785 |
|
| Shareholders' funds |
|
|
|
201,093 |
|
|
195,885 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| 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. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Mr C D Webber |
| Director |
| Approved by the board on 30 October 2026 |
|
| Ace Glazed Products Limited |
| Notes to the Accounts |
| for the year ended 31 January 2026 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale and installation of UPVC products . Turnover is recognised when the installation has been completed |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, and, at rates calculated to write off the cost, less estimated residual value, of each asset using reducing balance method, as follows: |
|
|
Plant and machinery |
10% reducing |
|
Motor vans |
10% reducing |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. |
|
|
| 2 |
Employees |
2026 |
|
2025 |
| Number |
Number |
|
|
Average number of persons employed by the company |
4 |
|
4 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 February 2025 |
83,892 |
|
34,166 |
|
118,058 |
|
Additions |
1,583 |
|
- |
|
1,583 |
|
At 31 January 2026 |
85,475 |
|
34,166 |
|
119,641 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 February 2025 |
64,988 |
|
22,523 |
|
87,511 |
|
Charge for the year |
2,048 |
|
1,164 |
|
3,212 |
|
At 31 January 2026 |
67,036 |
|
23,687 |
|
90,723 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 January 2026 |
18,439 |
|
10,479 |
|
28,918 |
|
At 31 January 2025 |
18,904 |
|
11,643 |
|
30,547 |
|
|
| 4 |
Debtors |
2026 |
|
2025 |
| £ |
£ |
|
|
Trade debtors |
60,865 |
|
47,758 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Trade creditors |
9,425 |
|
14,761 |
|
Taxation and social security costs |
25,201 |
|
19,674 |
|
Other creditors |
718 |
|
12 |
|
|
|
|
|
|
35,344 |
|
34,447 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Other information |
|
|
Ace Glazed Products Limited is a private company limited by shares and incorporated in Wales. Its registered office is: |
|
11 Stadium Close |
|
Penarth Road |
|
Cardiff |
|
CF11 8TS |