Doncaster Glass & Glazing Ltd,Ltd - AccountsLtd - Accounts

Doncaster Glass & Glazing Ltd,Ltd - AccountsLtd - Accounts

DONCASTER GLASS & GLAZING LIMITED - Company Information

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2018-04-01 03165788 2019-03-31 03165788 2018-04-01 2019-03-31 03165788 2018-03-31 03165788 2017-04-01 2018-03-31 03165788 uk-core:WithinOneYear 2018-03-31 03165788 uk-core:WithinOneYear 2019-03-31 03165788 uk-core:ShareCapital 2019-03-31 03165788 uk-core:ShareCapital 2018-03-31 03165788 uk-core:RetainedEarningsAccumulatedLosses 2019-03-31 03165788 uk-core:RetainedEarningsAccumulatedLosses 2018-03-31 03165788 uk-bus:Director1 2018-04-01 2019-03-31 03165788 uk-core:PlantMachinery 2018-04-01 2019-03-31 03165788 uk-core:CommercialMotorVehicles 2018-04-01 2019-03-31 03165788 uk-core:FurnitureFittings 2018-04-01 2019-03-31 03165788 uk-core:FurnitureFittings 2018-03-31 03165788 uk-core:CommercialMotorVehicles 2018-03-31 03165788 uk-core:PlantMachinery 2018-03-31 03165788 uk-core:PlantMachinery 2019-03-31 03165788 uk-core:CommercialMotorVehicles 2019-03-31 03165788 uk-core:FurnitureFittings 2019-03-31 03165788 uk-core:WithinOneYear 2019-03-31 03165788 uk-core:WithinOneYear 2018-03-31 iso4217:GBP 03165788 uk-bus:AuditExemptWithAccountantsReport 2018-04-01 2019-03-31 03165788 uk-bus:FRS102 2018-04-01 2019-03-31 03165788 uk-bus:FullAccounts 2018-04-01 2019-03-31 03165788 uk-bus:PrivateLimitedCompanyLtd 2018-04-01 2019-03-31
Doncaster Glass & Glazing Ltd
Registered Number:03165788
For the year ended 31 March 2019
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2019
Doncaster Glass & Glazing Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 31 March 2019
Doncaster Glass & Glazing Ltd
Statement of Financial Position
Registered Number :
03165788
£
£
2018
2019
Notes
Fixed assets
Property, plant and equipment
44,507
57,294
2
44,507
57,294
Current assets
Inventories
44,455
44,018
3
Trade and other receivables
197,670
245,217
4
4,924
Cash and cash equivalents
56,434
345,669
247,049
Trade and other payables: amounts falling due within one
year
(280,287)
(343,513)
5
(33,238)
2,156
Net current assets
Total assets less current liabilities
46,663
24,056
(1,680)
(1,680)
Provisions for liabilities
44,983
Net assets
22,376
Capital and reserves
Called up share capital
50
50
Retained earnings
44,933
22,326
44,983
22,376
Shareholders' funds
For the year ended 31 March 2019 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 of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Peter Jurgens Director
These financial statements were approved and authorised for issue by the Board on 10 May 2019 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2019
Doncaster Glass & Glazing Ltd
Notes to the Financial Statements
Statutory Information
Doncaster Glass & Glazing Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 03165788.
Registered address:
PILKINGTON ROAD
KIRK SANDALL
DONCASTER
SOUTH YORKSHIRE
DN3 1BZ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
15% Reducing balance
25% Reducing balance
Motor vehicles
15% Reducing balance
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
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5
For the year ended 31 March 2019
Doncaster Glass & Glazing Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Fixtures and
fittings
Motor vehicles
Plant and
machinery
£
£
£
£
Cost or
valuation
At 01 April 2018
283,132
65,209
31,300
186,623
At 31 March 2019
186,623
31,300
65,209
283,132
Provision for depreciation and impairment
At 01 April 2018
225,838
63,135
11,858
150,845
Charge for year
12,787
2,073
3,766
6,948
At 31 March 2019
238,625
65,208
15,624
157,793
At 31 March 2019
Net book value
28,830
15,676
1
44,507
At 31 March 2018
35,778
19,442
2,074
57,294
3. Inventories
2018
2019
£
£
Stocks
44,018
44,455
4. Trade and other receivables
2018
2019
£
£
Trade debtors
245,217
197,670
5. Trade and other payables: amounts falling due within one year
2018
2019
£
£
Bank loans and overdraft
12,132
51,969
Trade creditors
274,812
192,168
Taxation and social security
55,589
35,206
Other creditors
980
944
343,513
280,287
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