Alan Joy Windows Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 03761837 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023

FOR

ALAN JOY WINDOWS LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R J Davis

I Dowell

REGISTERED OFFICE:

541 Outmarsh

Semington

Melksham

Wiltshire

SN12 6NE

REGISTERED NUMBER:

03761837 (England and Wales)

ACCOUNTANTS:

Graham Barber Accountancy Limited

4 Beaufort West

Bath

BA1 6QB

BANKERS:

HSBC Bank plc

45 Milsom Street

Bath

BA1 1DU

FIXED ASSETS

Tangible assets

4

216,279

141,255

CURRENT ASSETS

Stocks

85,925

71,615

Debtors

229,367

229,904

Cash at bank and in hand

744,675

664,202

1,059,967

965,721

CREDITORS

Amounts falling due within one year

(579,575

)

(624,770

)

NET CURRENT ASSETS

480,392

340,951

TOTAL ASSETS LESS CURRENT LIABILITIES

696,671

482,206

CREDITORS

Amounts falling due after more than one year

(52,829

)

(27,621

)

PROVISIONS FOR LIABILITIES

(37,580

)

(21,850

)

NET ASSETS

606,262

432,735

CAPITAL AND RESERVES

Called up share capital

6

1,000

1,000

Retained earnings

605,262

431,735

SHAREHOLDERS' FUNDS

606,262

432,735

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 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.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 30 April 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 18 April 2024 and were signed on its behalf by:

R J Davis - Director

I Dowell - Director

1.	STATUTORY INFORMATION

Alan Joy Windows Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

10% on cost

Fixtures and fittings

-

20% on reducing balance and 10% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2022 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2022

423,489

Additions

142,251

Disposals

(72,180

)

At 30 April 2023

493,560

DEPRECIATION

At 1 May 2022

282,234

Charge for year

50,834

Eliminated on disposal

(55,787

)

At 30 April 2023

277,281

NET BOOK VALUE

At 30 April 2023

216,279

At 30 April 2022

141,255

5.	SECURED DEBTS

The following secured debts are included within creditors:

2023

2022

£

£

Hire purchase contracts

103,663

57,537

The hire purchase debt is secured on the assets financed.

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2023

2022

value:

£

£

1,000

Ordinary

£1

1,000

1,000

7.	OTHER FINANCIAL COMMITMENTS

At 30 April 2023 the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £245,737 (2022 £257,580).

Outstanding pension payments included in current liabilities were £1,946 (2022 £2,161).