Doors and Windows Limited 01726521 false true 2014-04-01 2015-03-31 2015-03-31 01726521 2014-04-01 2015-03-31 01726521 2015-03-31 01726521 uk-bus:OrdinaryShareClass1 2015-03-31 01726521 uk-bus:PreferenceShareClass1 uk-bus:Non-cumulativeNon-redeemableShares 2015-03-31 01726521 uk-bus:Director3 2014-04-01 2015-03-31 01726521 uk-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 01726521 uk-bus:PreferenceShareClass1 uk-bus:Non-cumulativeNon-redeemableShares 2014-04-01 2015-03-31 01726521 uk-gaap:Buildings 2014-04-01 2015-03-31 01726521 uk-gaap:FixturesFittings 2014-04-01 2015-03-31 01726521 uk-gaap:MotorVehicles 2014-04-01 2015-03-31 01726521 uk-gaap:OfficeEquipment 2014-04-01 2015-03-31 01726521 uk-gaap:PlantMachinery 2014-04-01 2015-03-31 01726521 2014-03-31 01726521 2014-03-31 01726521 uk-bus:OrdinaryShareClass1 2014-03-31 01726521 uk-bus:PreferenceShareClass1 uk-bus:Non-cumulativeNon-redeemableShares 2014-03-31 iso4217:GBP xbrli:shares


 

 

 

 

 

 

 

 
Doors and Windows Limited
 

 
Unaudited Abbreviated Accounts
 
Year Ended 31 March 2015
 

 
Company Registration Number: 01726521

 

Doors and Windows Limited
Contents

Abbreviated Balance Sheet

1 to 2

Notes to the Abbreviated Accounts

3 to 5

 

Doors and Windows Limited
Abbreviated Balance Sheet
31 March 2015

   

Note

   

2015
£

   

2014
£

 

Fixed assets

 

             

Tangible fixed assets

 

2

   

256,420

   

258,544

 

Current assets

 

             

Stocks

 

   

22,061

   

18,991

 

Debtors

 

   

4,957

   

4,749

 

Cash at bank and in hand

 

   

82,101

   

86,575

 
   

   

109,119

   

110,315

 

Creditors: Amounts falling due within one year

 

   

(69,728)

   

(77,608)

 

Net current assets

 

   

39,391

   

32,707

 

Total assets less current liabilities

 

   

295,811

   

291,251

 

Creditors: Amounts falling due after more than one year

 

   

(239,692)

   

(245,753)

 

Net assets

 

   

56,119

   

45,498

 

Capital and reserves

 

             

Called up share capital

 

4

   

100

   

100

 

Profit and loss account

 

   

56,019

   

45,398

 

Shareholders' funds

 

   

56,119

   

45,498

 

The notes on pages 3 to 5 form an integral part of these financial statements.
Page 1

 

Doors and Windows Limited
Abbreviated Balance Sheet
31 March 2015 ......... continued

For the year ending 31 March 2015 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.

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

Approved by the Board on 16 July 2015 and signed on its behalf by:

Mr R A Horwell
Director


Company Registration Number: 01726521

The notes on pages 3 to 5 form an integral part of these financial statements.
Page 2

 

Doors and Windows Limited
Notes to the Abbreviated Accounts
Year Ended 31 March 2015 ......... continued

1

Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers. Revenue is recognised at date of completion.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class

Depreciation method and rate

Freehold Land & Property

over 50 years

Plant & Machinery

20% reducing balance

Fixtures & Fittings

15% reducing balance

Motor Vehicles

25% reducing balance

Office Equipment

15% reducing balance

Stock and work in progress

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.


Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

 

Doors and Windows Limited
Notes to the Abbreviated Accounts
Year Ended 31 March 2015 ......... continued

2

Fixed assets

   

Tangible assets
£

   

Total
£

 

Cost

           

At 1 April 2014

 

352,961

   

352,961

 

Additions

 

7,193

   

7,193

 

Disposals

 

(7,000)

   

(7,000)

 

At 31 March 2015

 

353,154

   

353,154

 

Depreciation

           

At 1 April 2014

 

94,417

   

94,417

 

Charge for the year

 

9,317

   

9,317

 

Eliminated on disposals

 

(7,000)

   

(7,000)

 

At 31 March 2015

 

96,734

   

96,734

 

Net book value

           

At 31 March 2015

 

256,420

   

256,420

 

At 31 March 2014

 

258,544

   

258,544

 

3

Creditors

Creditors includes the following liabilities, on which security has been given by the company:

 

2015
£

   

2014
£

 

 

   

 

Amounts falling due within one year

 

10,000

   

10,000

 

Amounts falling due after more than one year

 

134,005

   

139,778

 

Total secured creditors

 

144,005

   

149,778

 
 

Doors and Windows Limited
Notes to the Abbreviated Accounts
Year Ended 31 March 2015 ......... continued

Included in the creditors are the following amounts due after more than five years:

 

2015
£

   

2014
£

 

 

   

 

After more than five years by instalments

 

94,000

   

99,000

 

4

Share capital

Allotted, called up and fully paid shares

 

2015

2014

   

No.

   

£

   

No.

   

£

 

Ordinary of £1 each

 

100

   

100

   

100

   

100

 

Non-cumulative redeemable 'A' Preference shares of £1 each

 

1

   

1

   

1

   

1

 
   

101

   

101

   

101

   

101

 

Redeemable preference shares

The Non-cumulative redeemable 'A' Preference shares are redeemable at the option of the holder. They are redeemable at £1 per share and carry no voting rights.