01 June 2023 31 May 2024 No principle activity is included 01370522 2023-06-01 01370522 2024-05-31 01370522 2023-06-01 2024-05-31 01370522 2023-05-31 01370522 2022-06-01 2023-05-31 01370522 uk-core:WithinOneYear 2024-05-31 01370522 uk-core:WithinOneYear 2023-05-31 01370522 uk-core:ShareCapital 2024-05-31 01370522 uk-core:ShareCapital 2023-05-31 01370522 uk-core:RetainedEarningsAccumulatedLosses 2024-05-31 01370522 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 01370522 uk-bus:Director1 2023-06-01 2024-05-31 01370522 uk-curr:PoundSterling 2023-06-01 2024-05-31 01370522 uk-core:PlantMachinery 2023-06-01 2024-05-31 01370522 uk-core:OfficeEquipment 2023-06-01 2024-05-31 01370522 uk-core:VehiclesPlantMachinery 2023-05-31 01370522 uk-core:FurnitureFittingsToolsEquipment 2023-05-31 01370522 uk-core:VehiclesPlantMachinery 2024-05-31 01370522 uk-core:FurnitureFittingsToolsEquipment 2024-05-31 01370522 uk-core:VehiclesPlantMachinery 2023-06-01 2024-05-31 01370522 uk-core:FurnitureFittingsToolsEquipment 2023-06-01 2024-05-31 01370522 uk-bus:FRS102 2023-06-01 2024-05-31 01370522 uk-bus:FullAccounts 2023-06-01 2024-05-31 01370522 uk-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 01370522 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
  FABRON HYDRAULICS LIMITED
   
   
   
  UNAUDITED FINANCIAL STATEMENTS
   
   
  FOR THE YEAR ENDED 31 MAY 2024
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
  FABRON HYDRAULICS LIMITED
  FINANCIAL STATEMENTS
  FOR THE YEAR ENDED 31 MAY 2024
       
       
  DIRECTORS
       
  Mr.D.K.Bone
  Mr I Bone
       
       
  SECRETARY
       
  Mrs.M.Bone
       
  REGISTERED OFFICE
       
  25 Park Street West
Luton
Beds
LU1 3BE.
       
       
  COMPANY REGISTERED NUMBER
       
  01370522
       
       
  BANKERS
       
  H.S.B.C Plc
       
       
  ACCOUNTANTS
       
  Haartwells
  Chartered Certified Accountants
  25 Park Street West
Luton
Beds
LU1 3BE.
  page 1
  FABRON HYDRAULICS LIMITED
  FINANCIAL STATEMENTS
  FOR THE YEAR ENDED 31 MAY 2024
       
       
       
       
  CONTENTS
       
  Pages
       
       
  3 Statement of Financial Position  
       
       
  4-6 Notes to the Financial Statements  
       
     
  page 2
  FABRON HYDRAULICS LIMITED
  Company registered number: 01370522
  STATEMENT OF FINANCIAL POSITION AT 31 May 2024
           
    Note 2024 2023
      £ £ £
  FIXED ASSETS
  Property, plant and equipment 3 1,099 1,329
  CURRENT ASSETS    
  Inventories   970 1,240
  Debtors 4 4,017 6,938
  Cash at bank and in hand   19,188 20,795
      24,175 28,973
  CREDITORS: Amounts falling due within one year 5 18,622 12,894
  NET CURRENT ASSETS   5,553 16,079
  NET ASSETS   £6,652 £17,408
       
  CAPITAL AND RESERVES
  Called up share capital   150 150
  Retained earnings   6,502 17,258
  SHAREHOLDERS' FUNDS   £6,652 £17,408
       
       
       
  In approving these financial statements as directors of the company we hereby confirm the following:
       
  For the year in question 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 of its financial statements for the year ended 31 May 2024 in accordance with section 476 of the Companies Act 2006.
       
  The directors acknowledge their responsibilities for: 1) ensuring that the company keeps accounting records which comply with Sections 386 and 386 of the Companies Act 2006, and 2) preparing financial statements that give a true and fair view of the state of affairs of the company at at the end of each financial year and of its profit or loss for the 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 the financial statements, so far as they are applicable to the company.
 
 
  These 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 Income Statement has not been delivered.
       
  The financial statements were approved and authorised for issue by the board of directors on 17 February 2025
 
  Signed on behalf of the board of directors
 
 
       
  Mr.D.K.Bone, Director
       
       
  The notes on pages 4-6 form part of these financial statements
   
  page 3
  FABRON HYDRAULICS LIMITED
  NOTES TO THE ACCOUNTS
  FOR THE YEAR ENDED 31 MAY 2024
       
 
1. SIGNIFICANT ACCOUNTING POLICIES
       
         
1a. Statement of compliance
         
  Fabron Hydraulics Limited is a Private limited company incorporated in England & Wales.
         
  The company's registered number and registered office address can be found on the Company Information page.
         
  These financial statements are the first financial statements that comply with FRS 102. The date of transition is 1 June 2023.
         
  The transition to FRS 102 has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in notes and below. These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
         
 
         
  Basis of accounting
         
 
  The financial statements have been prepared under the historical cost convention. The presentation currency is £ sterling.
         
1c. Revenue recognition
         
  Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
         
1d. Taxation
         
         
  Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
       
1e. Property, plant and equipment
       
  Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.
       
  Plant and machinery Reducing balance 25%  
  Equipment Reducing balance 15%  
       
         
1f. Short term debtors and creditors
         
  Debtors and creditors receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in profit and loss.
         
  The notes on pages 4-6 form part of these financial statements
   
  page 4
  FABRON HYDRAULICS LIMITED
  NOTES TO THE ACCOUNTS (CONT.)
  FOR THE YEAR ENDED 31 MAY 2024
       
       
2. DIRECTORS AND EMPLOYEES
       
  The average weekly number of employees during the year were as follows:
    2024 2023
       
  Management and administration 2 2
  Production and sales 1 1
    3 3
   
         
3. PROPERTY, PLANT AND EQUIPMENT
    Plant & Fixtures &  
    Machinery Equipment Total
    £ £ £
  Cost
         
  At 1 June 2023 39,513 7,492 47,005
         
  At 31 May 2024 39,513 7,492 47,005
   
  Depreciation
         
  At 1 June 2023 39,201 6,475 45,676
  For the year 78 152 230
  At 31 May 2024 39,279 6,627 45,906
   
  Net Book Amounts
         
  At 31 May 2024 234 865 1,099
  At 31 May 2023 312 1,017 1,329
   
       
       
4. DEBTORS 2024 2023
    £ £
  Trade debtors 4,017 6,938
    £4,017 £6,938
   
  The notes on pages 4-6 form part of these financial statements
   
  page 5
  FABRON HYDRAULICS LIMITED
  NOTES TO THE ACCOUNTS (CONT.)
  FOR THE YEAR ENDED 31 MAY 2024
       
       
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
    2024 2023
    £ £
  Trade creditors 1,010 1,667
  Corporation tax 66 1,471
  Other taxes and social security 880 2,710
  Other creditors 15,266 5,671
  Accruals and deferred income 1,400 1,375
    £18,622 £12,894
   
       
  The notes on pages 4-6 form part of these financial statements
   
  page 6