Doncaster Glass & Glazing Ltd,Ltd - AccountsLtd - Accounts

Doncaster Glass & Glazing Ltd,Ltd - AccountsLtd - Accounts


2020-04-01 03165788 2021-03-31 03165788 2020-04-01 2021-03-31 03165788 2020-03-31 03165788 2019-04-01 2020-03-31 03165788 uk-core:WithinOneYear 2020-03-31 03165788 uk-core:WithinOneYear 2021-03-31 03165788 uk-core:ShareCapital 2021-03-31 03165788 uk-core:ShareCapital 2020-03-31 03165788 uk-core:RetainedEarningsAccumulatedLosses 2021-03-31 03165788 uk-core:RetainedEarningsAccumulatedLosses 2020-03-31 03165788 uk-bus:Director1 2020-04-01 2021-03-31 03165788 uk-core:PlantMachinery 2020-04-01 2021-03-31 03165788 uk-core:CommercialMotorVehicles 2020-04-01 2021-03-31 03165788 uk-core:FurnitureFittings 2020-04-01 2021-03-31 03165788 uk-core:FurnitureFittings 2020-03-31 03165788 uk-core:CommercialMotorVehicles 2020-03-31 03165788 uk-core:PlantMachinery 2020-03-31 03165788 uk-core:PlantMachinery 2021-03-31 03165788 uk-core:CommercialMotorVehicles 2021-03-31 03165788 uk-core:FurnitureFittings 2021-03-31 03165788 uk-core:WithinOneYear 2021-03-31 03165788 uk-core:WithinOneYear 2020-03-31 iso4217:GBP xbrli:pure 03165788 uk-bus:AuditExemptWithAccountantsReport 2020-04-01 2021-03-31 03165788 uk-bus:FRS102 2020-04-01 2021-03-31 03165788 uk-bus:FullAccounts 2020-04-01 2021-03-31 03165788 uk-bus:PrivateLimitedCompanyLtd 2020-04-01 2021-03-31
Doncaster Glass & Glazing Ltd
Registered Number:03165788
For the year ended 31 March 2021
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2021
Doncaster Glass & Glazing Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
03165788
As at 31 March 2021
Doncaster Glass & Glazing Ltd
Statement of Financial Position
£
£
2020
2021
Notes
Fixed assets
Property, plant and equipment
40,614
41,346
2
40,614
41,346
Current assets
Inventories
25,949
60,580
3
Trade and other receivables
267,201
316,938
4
52,609
Cash and cash equivalents
280,078
657,596
345,759
Trade and other payables: amounts falling due within one
year
(316,012)
(520,802)
5
29,747
136,794
Net current assets
Total assets less current liabilities
177,408
71,093
(1,680)
(1,680)
Provisions for liabilities
175,728
Net assets
69,413
Capital and reserves
Called up share capital
50
50
Retained earnings
175,678
69,363
175,728
69,413
Shareholders' funds
For the year ended 31 March 2021 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 2021 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.
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4
Registered Number :
03165788
For the year ended 31 March 2021
Doncaster Glass & Glazing Ltd
Statement of Financial Position Continued
Peter Jurgens Director
These financial statements were approved and authorised for issue by the Board on 18 June 2021 and were signed by:
The notes form part of these financial statements
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5
For the year ended 31 March 2021
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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6
For the year ended 31 March 2021
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 2020
283,832
65,209
32,000
186,623
12,236
-
-
12,236
Additions
At 31 March 2021
198,859
32,000
65,209
296,068
Provision for depreciation and impairment
At 01 April 2020
242,486
65,208
14,742
162,536
Charge for year
12,968
1
4,315
8,652
At 31 March 2021
255,454
65,209
19,057
171,188
At 31 March 2021
Net book value
27,671
12,943
-
40,614
At 31 March 2020
24,087
17,258
1
41,346
3. Inventories
2020
2021
£
£
Stocks
60,580
25,949
4. Trade and other receivables
2020
2021
£
£
Trade debtors
316,938
267,201
5. Trade and other payables: amounts falling due within one year
2020
2021
£
£
Bank loans and overdraft
50,000
25,524
Trade creditors
370,254
230,347
Taxation and social security
99,568
59,161
Other creditors
980
980
520,802
316,012
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7
For the year ended 31 March 2021
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 0 (2020 : 23)
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