1-2-1 Windscreen Services Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 05885972

1-2-1 Windscreen Services Limited

Filleted Unaudited Financial Statements

31 August 2026

1-2-1 Windscreen Services Limited

Statement of Financial Position

31 August 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible assets	5		3,859	4,282

Current assets

Stocks		8,262	7,437
Debtors	6	18,980	23,983
Cash at bank and in hand		31,147	33,137
		--------	--------
		58,389	64,557

Creditors: amounts falling due within one year	7	34,860		34,250
		--------		--------
Net current assets			23,529	30,307
			--------	--------
Total assets less current liabilities			27,388	34,589

Provisions

Taxation including deferred tax	965	1,071
	--------	--------
Net assets	26,423	33,518
	--------	--------

Capital and reserves

Called up share capital	100	100
Profit and loss account	26,323	33,418
	--------	--------
Shareholders funds	26,423	33,518
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 August 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

1-2-1 Windscreen Services Limited

Statement of Financial Position (continued)

31 August 2026

These financial statements were approved by the board of directors and authorised for issue on 4 November 2026 , and are signed on behalf of the board by:

Mr S M Trevor	Mr W T Trevor
Director	Director

Company registration number: 05885972

1-2-1 Windscreen Services Limited

Notes to the Financial Statements

Year ended 31 August 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 4 Meadows View, Rhosddu Industrial Estate, WREXHAM, LL11 4YL.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

The turnover shown in the profit and loss account represents amounts invoiced during the year for the supply and fit of replacement windscreens, exclusive of Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and Machinery	-	25% reducing balance
Motor Vehicles	-	25% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Government grants

Government grants are recognised using the accrual model. Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

The following assets and liabilities within the accounts are classified as financial instruments - trade debtors, trade creditors and directors loans. Directors loans (being repayable upon demand), trade debtors and trade creditors, are measured at the undiscounted amount of cash or other consideration expected to be paid or received. Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If such evidence is found, an impairment loss is recognised in the statement of Income and Retained Earnings.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2025: 2 ).

5. Tangible assets

	Plant and machinery	Motor vehicles	Total
	£	£	£
Cost
At 1 September 2025	14,600	20,991	35,591
Additions	874	–	874
Disposals	( 2,966)	–	( 2,966)
	--------	--------	--------
At 31 August 2026	12,508	20,991	33,499
	--------	--------	--------
Depreciation
At 1 September 2025	12,351	18,958	31,309
Charge for the year	784	508	1,292
Disposals	( 2,961)	–	( 2,961)
	--------	--------	--------
At 31 August 2026	10,174	19,466	29,640
	--------	--------	--------
Carrying amount
At 31 August 2026	2,334	1,525	3,859
	--------	--------	--------
At 31 August 2025	2,249	2,033	4,282
	--------	--------	--------

6. Debtors

	2026	2025
	£	£
Trade debtors	15,526	19,351
Other debtors	3,454	4,632
	--------	--------
	18,980	23,983
	--------	--------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	–	2,988
Trade creditors	10,408	4,570
Social security and other taxes	5,368	6,238
Other creditors	19,084	20,454
	--------	--------
	34,860	34,250
	--------	--------

8. Directors' advances, credits and guarantees

The directors operate a loan account within the company, the opening balance of which was £18,930 in credit, with net movement of £1,383 debit and a closing balance of £17,547 credit.