Sterling Glass Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04645311 (England and Wales)

STERLING GLASS LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 27TH DECEMBER 2019

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Rotherwick Directors Limited

D Kahan

SECRETARY:

Rotherwick Directors Limited

REGISTERED OFFICE:

923 Finchley Road

Golders Green

London

NW11 7PE

REGISTERED NUMBER:

04645311 (England and Wales)

ACCOUNTANTS:

Joseph Kahan Associates LLP

Chartered Accountants

923 Finchley Road

London

NW11 7PE

CURRENT ASSETS

Debtors

4

308,355

276,891

Cash at bank and in hand

8,693

30,436

317,048

307,327

CREDITORS

Amounts falling due within one year

5

483,757

472,637

NET CURRENT LIABILITIES

(166,709

)

(165,310

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(166,709

)

(165,310

)

CAPITAL AND RESERVES

Called up share capital

6

1

1

Retained earnings

7

(166,710

)

(165,311

)

SHAREHOLDERS' FUNDS

(166,709

)

(165,310

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 27th December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 27th December 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 13th September 2021 and were signed on its behalf by:

Rotherwick Directors Limited - Director

1.	STATUTORY INFORMATION

Sterling 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2018 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

299,165

267,701

Income tax recoverable

8,940

8,940

VAT

250

250

308,355

276,891

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade and other creditors

1

1

Amounts owed to group undertakings

481,256

469,386

Accrued expenses

2,500

3,250

483,757

472,637

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

£

£

1

Ordinary

£1

1

1

7.

RESERVES

Retained

earnings

£

At 28th December 2018

(165,311

)

Deficit for the year

(1,399

)

At 27th December 2019

(166,710

)

8.	ULTIMATE CONTROLLING PARTY

The company is ultimately controlled by Sterling Glass Co. Limited (Gibraltar).