CASTLE GLASS & WINDOWS LIMITED

CASTLE GLASS & WINDOWS LIMITED

CASTLE GLASS & WINDOWS LIMITED - Company Information

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CASTLE GLASS & WINDOWS LIMITED

Company Registration Number:
05729175 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2023

Period of accounts

Start date: 01 October 2022

End date: 30 September 2023

CASTLE GLASS & WINDOWS LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2023

Balance sheet
Notes

CASTLE GLASS & WINDOWS LIMITED

Balance sheet

As at 30 September 2023


Notes
2023
2022


£
£
Fixed assets
Tangible assets: 3 21,744 5,000
Total fixed assets: 21,744 5,000
Current assets
Stocks: 43,234 37,095
Debtors:   305,550 117,885
Cash at bank and in hand: 419,646 640,864
Total current assets: 768,430 795,844
Creditors: amounts falling due within one year:   (230,565) (289,091)
Net current assets (liabilities): 537,865 506,753
Total assets less current liabilities: 559,609 511,753
Total net assets (liabilities): 559,609 511,753
Capital and reserves
Called up share capital: 4 4
Profit and loss account: 559,605 511,749
Shareholders funds: 559,609 511,753

The notes form part of these financial statements

CASTLE GLASS & WINDOWS LIMITED

Balance sheet statements

For the year ending 30 September 2023 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 28 March 2024
and signed on behalf of the board by:

Name: B 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 2023

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 supplied, netof 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

Tangible assets are initially measured at cost, and are subsequently measured at cost less anyaccumulated depreciation and accumulated impairment losses or at a revalued amount.Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluationless any subsequent accumulated depreciation and subsequent accumulated impairment losses.An increase in the carrying amount of an asset as a result of a revaluation is recognised in othercomprehensive income and accumulated in capital and reserves. However, the increase is recognisedin profit or loss to the extent that it reverses a revaluation decrease of the same asset previouslyrecognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluationis recognised in other comprehensive income to the extent of any previously recognised revaluationincrease accumulated in capital and reserves. If a revaluation decrease exceeds the accumulatedrevaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognisedin profit or loss.Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, overthe useful economic life of that asset as follows:Motor vehicles 25% straight line

Valuation and information policy

Stocks 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 2023

2. Employees

2023 2022
Average number of employees during the period 5 5

CASTLE GLASS & WINDOWS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

3. Tangible Assets

Total
Cost £
At 01 October 2022 103,074
Additions 28,992
At 30 September 2023 132,066
Depreciation
At 01 October 2022 98,074
Charge for year 12,248
At 30 September 2023 110,322
Net book value
At 30 September 2023 21,744
At 30 September 2022 5,000