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REGISTERED NUMBER: 04182831 (England and Wales)












A B GLASS (DOORS & WINDOWS) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2018






A B GLASS (DOORS & WINDOWS) LIMITED (REGISTERED NUMBER: 04182831)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 10

A B GLASS (DOORS & WINDOWS) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2018







DIRECTORS: A Brayley
J E Morgan
N Harvey
Mrs S Newton





REGISTERED OFFICE: Clifford House
Felinfach
Swansea West Industrial Park
Fforestfach
Swansea
SA5 4HF





REGISTERED NUMBER: 04182831 (England and Wales)





ACCOUNTANTS: Bevan & Buckland
Chartered Accountants
Langdon House
Langdon Road
SA1 Swansea Waterfront
Swansea
SA1 8QY

A B GLASS (DOORS & WINDOWS) LIMITED (REGISTERED NUMBER: 04182831)

BALANCE SHEET
31 JANUARY 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 714,314 712,694

CURRENT ASSETS
Stocks 104,895 92,273
Debtors 5 1,253,688 1,045,680
Cash at bank and in hand 961,197 916,046
2,319,780 2,053,999
CREDITORS
Amounts falling due within one year 6 1,585,716 924,926
NET CURRENT ASSETS 734,064 1,129,073
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,448,378

1,841,767

CREDITORS
Amounts falling due after more than one
year

7

(21,056

)

(774,277

)

PROVISIONS FOR LIABILITIES (23,190 ) (22,204 )

ACCRUALS AND DEFERRED INCOME (7,069 ) (8,317 )
NET ASSETS 1,397,063 1,036,969

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 9 303,709 303,709
Retained earnings 1,093,254 733,160
SHAREHOLDERS' FUNDS 1,397,063 1,036,969

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2018 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.

A B GLASS (DOORS & WINDOWS) LIMITED (REGISTERED NUMBER: 04182831)

BALANCE SHEET - continued
31 JANUARY 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 on 27 April 2018 and were signed on its
behalf by:





A Brayley - Director


A B GLASS (DOORS & WINDOWS) LIMITED (REGISTERED NUMBER: 04182831)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2018

1. STATUTORY INFORMATION

A B Glass (Doors & Windows) Limited 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 the provisions of Section 1A "Small Entities" 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 cost convention as modified by the revaluation of certain assets.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Freehold property - 2% on cost
Plant and machinery - 15% reducing balance
Fixtures and fittings - 15% on cost
Motor vehicles - 25% reducing balance
Computer equipment - 25% on cost

Government and other grants
Capital grants received are credited to the profit & loss account over the useful working life of the
assets to which they relate. Revenue grants are credited to the profit & loss account on an accruals
basis.

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 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.


A B GLASS (DOORS & WINDOWS) LIMITED (REGISTERED NUMBER: 04182831)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2018

2. ACCOUNTING POLICIES - continued
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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.
Those held under hire purchase contracts are depreciated over their estimated useful lives. Those
held under finance leases are depreciated over their estimated useful lives or the lease term,
whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The
capital element of the future payments is treated as a liability.

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.

Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short
maturity of three months or less from the date of acquisition or opening of the deposit or similar
account.

Creditors and provisions
Creditors and provisions are recognised where the company has a present obligation (legal and
constructive) resulting from a past event that will probably result in the transfer of funds to a third party
and the amount due to settle the obligation can be measured or estimated reliably. Creditors and
provisions are normally recognised at their settlement amount after allowing for any trade discounts
due.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 39 (2017 - 37 ) .

A B GLASS (DOORS & WINDOWS) LIMITED (REGISTERED NUMBER: 04182831)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2018

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST OR VALUATION
At 1 February 2017 610,000 264,916 -
Additions - 1,145 15,240
Disposals - (12,836 ) -
Reclassification/transfer - (77,019 ) 21,501
At 31 January 2018 610,000 176,206 36,741
DEPRECIATION
At 1 February 2017 39,650 199,214 -
Charge for year 12,200 5,065 2,755
Eliminated on disposal - (10,647 ) -
Reclassification/transfer - (44,607 ) 4,507
At 31 January 2018 51,850 149,025 7,262
NET BOOK VALUE
At 31 January 2018 558,150 27,181 29,479
At 31 January 2017 570,350 65,702 -

Motor Computer
vehicles equipment Totals
£    £    £   
COST OR VALUATION
At 1 February 2017 112,825 3,631 991,372
Additions 34,648 11,784 62,817
Disposals (26,751 ) - (39,587 )
Reclassification/transfer - 55,519 1
At 31 January 2018 120,722 70,934 1,014,603
DEPRECIATION
At 1 February 2017 39,327 487 278,678
Charge for year 21,414 14,554 55,988
Eliminated on disposal (23,730 ) - (34,377 )
Reclassification/transfer - 40,100 -
At 31 January 2018 37,011 55,141 300,289
NET BOOK VALUE
At 31 January 2018 83,711 15,793 714,314
At 31 January 2017 73,498 3,144 712,694

A B GLASS (DOORS & WINDOWS) LIMITED (REGISTERED NUMBER: 04182831)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2018

4. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 31 January 2018 is represented by:

Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
Valuation in 2013 255,320 - -
Cost 354,680 176,206 36,741
610,000 176,206 36,741

Motor Computer
vehicles equipment Totals
£    £    £   
Valuation in 2013 - - 255,320
Cost 120,722 70,934 759,283
120,722 70,934 1,014,603

If the freehold property had not been revalued it would have been included at the following historical
cost:

2018 2017
£    £   
Cost 354,680 354,680
Aggregate depreciation 76,764 69,670

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST OR VALUATION
At 1 February 2017 86,074
Additions 9,583
Transfer to ownership (7,495 )
At 31 January 2018 88,162
DEPRECIATION
At 1 February 2017 22,696
Charge for year 13,271
Transfer to ownership (3,367 )
At 31 January 2018 32,600
NET BOOK VALUE
At 31 January 2018 55,562
At 31 January 2017 63,378

A B GLASS (DOORS & WINDOWS) LIMITED (REGISTERED NUMBER: 04182831)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2018

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 996,231 823,378
Amounts owed by group undertakings 243,870 215,570
Other debtors 13,587 6,732
1,253,688 1,045,680

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Bank loans and overdrafts 406,544 25,304
Hire purchase contracts 25,409 23,210
Trade creditors 787,302 515,759
Taxation and social security 131,638 149,558
Other creditors 234,823 211,095
1,585,716 924,926

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2018 2017
£    £   
Bank loans - 409,221
Hire purchase contracts 21,056 39,675
Trade creditors - 325,381
21,056 774,277

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 years - 308,005

8. SECURED DEBTS

The following secured debts are included within creditors:

2018 2017
£    £   
Bank loans 406,544 434,525
Hire purchase contracts 46,465 62,885
453,009 497,410

Bank loans and overdrafts are secured by way of a debenture and a fixed and floating charge over the
assets of the company.

Hire purchase liabilities are secured by the assets to which the agreement relates, and are included
within tangible fixed assets.

A B GLASS (DOORS & WINDOWS) LIMITED (REGISTERED NUMBER: 04182831)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2018

9. RESERVES
Revaluation
reserve
£   
At 1 February 2017
and 31 January 2018 303,709

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
A B GLASS (DOORS & WINDOWS) LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's
annual unaudited financial statements. In accordance with the Companies Act 2006, the company is
only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain
other primary statements and the Report of the Directors are not required to be filed with the
Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval
the financial statements of A B Glass (Doors & Windows) Limited for the year ended 31 January 2018 which
comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the
company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of A B Glass (Doors & Windows) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of A B Glass (Doors & Windows) Limited and state those matters that we have agreed to state to the Board of Directors of A B Glass (Doors & Windows) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A B Glass (Doors & Windows) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that A B Glass (Doors & Windows) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of A B Glass (Doors & Windows) Limited. You consider that A B Glass (Doors & Windows) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of A B Glass (Doors & Windows) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Bevan & Buckland
Chartered Accountants
Langdon House
Langdon Road
SA1 Swansea Waterfront
Swansea
SA1 8QY


30 April 2018