Company Registration No. 02633588 (England and Wales)
Brompton Glass Limited
Unaudited accounts
for the year ended 31 March 2026
Brompton Glass Limited
Unaudited accounts
Contents
Brompton Glass Limited
Statement of financial position
as at 31 March 2026
Tangible assets
47,955
29,442
Cash at bank and in hand
1,137,341
953,642
Creditors: amounts falling due within one year
(188,161)
(153,676)
Net current assets
988,574
843,884
Total assets less current liabilities
1,036,529
873,326
Creditors: amounts falling due after more than one year
(22,419)
(12,783)
Provisions for liabilities
Deferred tax
(11,989)
(7,360)
Net assets
1,002,121
853,183
Called up share capital
2
2
Profit and loss account
1,002,119
853,181
Shareholders' funds
1,002,121
853,183
For the year ending 31 March 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 director acknowledges his 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 and authorised for issue on 29 September 2026 and were signed on its behalf by
T R Howell
Director
Company Registration No. 02633588
Brompton Glass Limited
Notes to the Accounts
for the year ended 31 March 2026
Brompton Glass Limited is a private company, limited by shares, registered in England and Wales, registration number 02633588. The registered office is 302 Old Brompton Road, Earls Court, London, SW5 9JF.
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.
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 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:
Fixtures and fittings - includes equipment
Motor vehicles
25% on reducing balance
Fixtures & fittings
15% on reducing balance
Stocks/Inventories have been valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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.
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.
Brompton Glass Limited
Notes to the Accounts
for the year ended 31 March 2026
Hire purchase and leasing commitments
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.
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.
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2025
45,622
30,307
75,929
Additions
26,800
5,796
32,596
At 31 March 2026
72,422
36,103
108,525
At 1 April 2025
24,639
21,848
46,487
Charge for the year
11,945
2,138
14,083
At 31 March 2026
36,584
23,986
60,570
At 31 March 2026
35,838
12,117
47,955
At 31 March 2025
20,983
8,459
29,442
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Motor vehicles
35,838
20,983
Amounts falling due within one year
Trade debtors
16,868
26,119
Accrued income and prepayments
6,896
7,374
Brompton Glass Limited
Notes to the Accounts
for the year ended 31 March 2026
6
Creditors: amounts falling due within one year
2026
2025
Obligations under finance leases and hire purchase contracts
14,484
9,124
Trade creditors
29,848
28,171
Taxes and social security
70,747
31,844
Other creditors
15,934
23,034
Loans from directors
34,290
35,545
7
Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
22,419
12,783
8
Operating lease commitments
2026
2025
At 31 March 2026 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
16,250
16,000
Later than one year and not later than five years
24,750
41,000
9
Average number of employees
During the year the average number of employees was 5 (2025: 5).