Great Yarmouth Glass Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03536588 (England and Wales)

Abridged Unaudited Financial Statements for the Year Ended 31 March 2026

for

Great Yarmouth Glass Limited

Page

Company Information

1

Chartered Accountants' Report

2

Abridged Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

S D Page

REGISTERED OFFICE:

113 Nelson Road Central

Great Yarmouth

Norfolk

NR30 2NJ

REGISTERED NUMBER:

03536588 (England and Wales)

ACCOUNTANTS:

JDC Chartered Accountants and Business Advisors

Dencora Court

2 Meridian Way

Norwich

Norfolk

NR7 0TA

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.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Great Yarmouth Glass Limited for the year ended 31 March 2026 which comprise the Income Statement, Abridged Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Great Yarmouth Glass Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Great Yarmouth Glass Limited and state those matters that we have agreed to state to the director of Great Yarmouth Glass Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Great Yarmouth Glass Limited and its director for our work or for this report.

It is your duty to ensure that Great Yarmouth Glass Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Great Yarmouth Glass Limited. You consider that Great Yarmouth Glass Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Great Yarmouth Glass Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

JDC Chartered Accountants and Business Advisors

Dencora Court

2 Meridian Way

Norwich

Norfolk

NR7 0TA

4 November 2026

FIXED ASSETS

Tangible assets

4

29,067

37,186

CURRENT ASSETS

Stocks

32,968

28,910

Debtors

5

142,862

73,320

Cash at bank and in hand

367,100

375,122

542,930

477,352

CREDITORS

Amounts falling due within one year

164,088

125,000

NET CURRENT ASSETS

378,842

352,352

TOTAL ASSETS LESS CURRENT
LIABILITIES

407,909

389,538

CREDITORS

Amounts falling due after more than one
year

(1,100

)

(7,699

)

PROVISIONS FOR LIABILITIES

(70,187

)

(72,437

)

NET ASSETS

336,622

309,402

CAPITAL AND RESERVES

Called up share capital

460

Capital redemption reserve

540

Retained earnings

335,622

308,402

SHAREHOLDERS' FUNDS

336,622

309,402

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 November 2026 and were signed by:

S D Page - Director

1.	STATUTORY INFORMATION

Great Yarmouth Glass Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax, provided to customers and work carried out in respect of services provided to customers.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Stocks and work in progress

Stocks and work in progress are stated at the lower of cost and net realisable value. Cost is determined on a first in first out basis and includes all direct costs incurred. Net realisable value is based on estimated selling price allowing for all further costs of completion.

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.

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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Warranty provision

The company makes provisions for warranty work in relation to the products it sells which are subject to warranty. Where applicable the periods range from 5 to 10 years and a provision has been made based on turnover, past experience and the industry standard.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2025 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2025

and 31 March 2026

138,229

DEPRECIATION

At 1 April 2025

101,043

Charge for year

8,119

At 31 March 2026

109,162

NET BOOK VALUE

At 31 March 2026

29,067

At 31 March 2025

37,186

5.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.26

31.3.25

£

Other debtors

24,046

-

6.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.3.26

31.3.25

£

Net obligations repayable:

Within one year

6,599

Between one and five years

1,100

7,699

14,298

Non-cancellable

operating leases

31.3.26

31.3.25

£

Within one year

22,327

526

Between one and five years

19,915

1,052

42,242

1,578

7.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

Hire purchase contracts

7,699

14,298

Hire purchase creditors are secured on the assets concerned.

8.	TRANSACTIONS WITH DIRECTORS

The following loan to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

S D Page

Balance outstanding at start of year

-

8,444

Amounts advanced

71,248

-

Amounts repaid

-

(8,444

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

71,248

-

The director's loan account balance is unsecured, interest free and repayable on demand.