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DONCASTER GLASS & GLAZING LIMITED - Company Information

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Doncaster Glass & Glazing Ltd

Registered Number:03165788

For the year ended 31 March 2020

England and Wales

Unaudited Financial Statements

For the year ended 31 March 2020

Doncaster Glass & Glazing Ltd

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

As at 31 March 2020

Doncaster Glass & Glazing Ltd

Statement of Financial Position

Registered Number :

03165788

2019

2020

Notes

Fixed assets

Property, plant and equipment

41,346

44,507

41,346

44,507

Current assets

Inventories

44,018

25,949

Trade and other receivables

245,217

267,201

56,434

Cash and cash equivalents

52,609

345,759

345,669

Trade and other payables: amounts falling due within one

year

(343,513)

(316,012)

2,156

29,747

Net current assets

Total assets less current liabilities

71,093

46,663

(1,680)

Provisions for liabilities

69,413

Net assets

44,983

Capital and reserves

Called up share capital

Retained earnings

69,363

44,933

69,413

44,983

Shareholders' funds

For the year ended 31 March 2020 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 2020 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 07 September 2020 and were signed by:

The notes form part of these financial statements

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For the year ended 31 March 2020

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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For the year ended 31 March 2020

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 2019

283,132

65,209

31,300

186,623

10,500

Additions

(9,800)

Disposals

(9,800)

At 31 March 2020

186,623

32,000

65,209

283,832

Provision for depreciation and impairment

At 01 April 2019

238,625

65,208

15,624

157,793

Charge for year

10,495

5,752

4,743

(6,634)

On disposal

At 31 March 2020

242,486

65,208

14,742

162,536

At 31 March 2020

Net book value

24,087

17,258

41,346

At 31 March 2019

28,830

15,676

44,507

3. Inventories

2019

2020

Stocks

25,949

44,018

4. Trade and other receivables

2019

2020

Trade debtors

267,201

245,217

5. Trade and other payables: amounts falling due within one year

2019

2020

Bank loans and overdraft

25,524

12,132

Trade creditors

230,347

274,812

Taxation and social security

59,161

55,589

Other creditors

980

316,012

343,513

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For the year ended 31 March 2020

Doncaster Glass & Glazing Ltd

Notes to the Financial Statements Continued

6. Average number of persons employed

During the year the average number of employees was 23 (2019 : 23)

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