CASTLE GLASS & WINDOWS LIMITED

CASTLE GLASS & WINDOWS LIMITED

CASTLE GLASS & WINDOWS LIMITED - Company Information

Print Friendly Version

CASTLE GLASS & WINDOWS LIMITED

Company Registration Number:
05729175 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2021

Period of accounts

Start date: 01 October 2020

End date: 30 September 2021

CASTLE GLASS & WINDOWS LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2021

Balance sheet
Notes

CASTLE GLASS & WINDOWS LIMITED

Balance sheet

As at 30 September 2021


Notes
2021
2020


£
£
Fixed assets
Tangible assets: 3 10,000 15,000
Total fixed assets: 10,000 15,000
Current assets
Stocks: 22,476 14,777
Debtors:   153,908 274,185
Cash at bank and in hand: 345,169 248,638
Total current assets: 521,553 537,600
Creditors: amounts falling due within one year: 4 (171,846) (198,321)
Net current assets (liabilities): 349,707 339,279
Total assets less current liabilities: 359,707 354,279
Total net assets (liabilities): 359,707 354,279
Capital and reserves
Called up share capital: 4 6
Profit and loss account: 359,703 354,273
Shareholders funds: 359,707 354,279

The notes form part of these financial statements

CASTLE GLASS & WINDOWS LIMITED

Balance sheet statements

For the year ending 30 September 2021 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 01 March 2022
and signed on behalf of the board by:

Name: Gerald Victor Castle
Status: Director

The notes form part of these financial statements

CASTLE GLASS & WINDOWS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods suppliedand services rendered, net of discounts and Value Added Tax.Revenue from the sale of goods is recognised when the significant risks and rewards of ownership havetransferred to the buyer (usually on despatch of the goods); the amount of revenue can be measuredreliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurredor to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

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:If there is an indication that there has been a significant change in depreciation rate, useful life orresidual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates

Valuation and information policy

StocksStocks 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 stocksto their present location and condition.

CASTLE GLASS & WINDOWS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2021

2. Employees

2021 2020
Average number of employees during the period 5 5

CASTLE GLASS & WINDOWS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2021

3. Tangible Assets

Total
Cost £
At 01 October 2020 103,074
At 30 September 2021 103,074
Depreciation
At 01 October 2020 88,074
Charge for year 5,000
At 30 September 2021 93,074
Net book value
At 30 September 2021 10,000
At 30 September 2020 15,000

CASTLE GLASS & WINDOWS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2021

4. Creditors: amounts falling due within one year note

Trade creditors 2021 - £113,231 2020 - £117,104Cororation tax 2021 - £29,246 2020 - £47,595Social security & other taxes 2021 - £19,653 2020 - £24,186Other creditors 2021 - £9,716 2020 - £9,436TOTAL 2021 - £171,846 2020 - £198,321