Select Window Installations Ltd - Accounts to registrar (filleted) - small 18.2

Select Window Installations Ltd - Accounts to registrar (filleted) - small 18.2


IRIS Accounts Productionv20.1.5.7103811593director1.9.1931.8.2031.8.20falsetruefalsefalsetruefalseiso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure038115932019-08-31038115932020-08-31038115932019-09-012020-08-31038115932018-08-31038115932018-09-012019-08-31038115932019-08-3103811593ns16:EnglandWales2019-09-012020-08-3103811593ns15:PoundSterling2019-09-012020-08-3103811593ns11:Director12019-09-012020-08-3103811593ns11:PrivateLimitedCompanyLtd2019-09-012020-08-3103811593ns11:SmallEntities2019-09-012020-08-3103811593ns11:AuditExempt-NoAccountantsReport2019-09-012020-08-3103811593ns11:SmallCompaniesRegimeForDirectorsReport2019-09-012020-08-3103811593ns11:SmallCompaniesRegimeForAccounts2019-09-012020-08-3103811593ns11:FullAccounts2019-09-012020-08-3103811593ns11:CompanySecretary12019-09-012020-08-3103811593ns11:RegisteredOffice2019-09-012020-08-3103811593ns6:CurrentFinancialInstruments2020-08-3103811593ns6:CurrentFinancialInstruments2019-08-3103811593ns6:ShareCapital2020-08-3103811593ns6:ShareCapital2019-08-3103811593ns6:RetainedEarningsAccumulatedLosses2020-08-3103811593ns6:RetainedEarningsAccumulatedLosses2019-08-3103811593ns6:PlantMachinery2019-09-012020-08-3103811593ns6:PlantMachinery2019-08-3103811593ns6:PlantMachinery2020-08-3103811593ns6:PlantMachinery2019-08-3103811593ns6:CurrentFinancialInstrumentsns6:WithinOneYear2020-08-3103811593ns6:CurrentFinancialInstrumentsns6:WithinOneYear2019-08-31
REGISTERED NUMBER: 03811593(England and Wales)


















































Financial Statements

for the Year Ended 31 August 2020

for

Select Window Installations Ltd

Select Window Installations Ltd (Registered number: 03811593)






Contents of the Financial Statements
for the Year Ended 31 August 2020




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Select Window Installations Ltd

Company Information
for the Year Ended 31 August 2020







DIRECTOR: C J Hylands





SECRETARY: L C Hiscock





REGISTERED OFFICE: The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR





REGISTERED NUMBER: 03811593(England and Wales)





ACCOUNTANTS: Mander Duffill
Chartered Accountants
The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR

Select Window Installations Ltd (Registered number: 03811593)

Balance Sheet
31 August 2020

31.8.20 31.8.19
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 484 294

CURRENT ASSETS
Stocks 600 600
Debtors 5 32,763 66,308
Cash at bank 28,953 30,695
62,316 97,603
CREDITORS
Amounts falling due within one year 6 10,460 10,032
NET CURRENT ASSETS 51,856 87,571
TOTAL ASSETS LESS CURRENT
LIABILITIES

52,340

87,865

PROVISIONS FOR LIABILITIES 92 120
NET ASSETS 52,248 87,745

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 52,148 87,645
SHAREHOLDERS' FUNDS 52,248 87,745

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 6 November 2020and
were signed by:



C J Hylands- Director


Select Window Installations Ltd (Registered number: 03811593)

Notes to the Financial Statements
for the Year Ended 31 August 2020

1. STATUTORY INFORMATION

Select Window Installations 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.

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.
Plant and machinery etc - 25% on cost and 20% on reducing balance

Stocks
Stocks have been valued at the lower of cost and estimated selling price less costs to sell. In respect
of work in progress and finished goods, cost includes a relevant proportion of overheads according to
the stage of manufacture or completion.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1(2019 - 1) .

Select Window Installations Ltd (Registered number: 03811593)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2020

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2019 1,835
Additions 332
At 31 August 2020 2,167
DEPRECIATION
At 1 September 2019 1,541
Charge for year 142
At 31 August 2020 1,683
NET BOOK VALUE
At 31 August 2020 484
At 31 August 2019 294

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.20 31.8.19
£    £   
Trade debtors 6,165 172
Other debtors 26,598 66,136
32,763 66,308

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.20 31.8.19
£    £   
Trade creditors - 939
Other creditors 10,460 9,093
10,460 10,032