CPA Fabrications Limited - Filleted accounts

Registered number

02859066

CPA Fabrications Limited

Filleted Accounts

30 September 2024

CPA Fabrications Limited
Registered number:		02859066
Balance Sheet
as at 30 September 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		260			566

Current assets
Stocks		216			607
Debtors	4	10,120			16,711
Cash at bank and in hand		156,082			200,486
		166,418			217,804

Creditors: amounts falling due within one year	5	(29,996)			(30,224)

Net current assets			136,422			187,580

Net assets			136,682			188,146

Capital and reserves
Called up share capital			50			50
Capital redemption reserve			50			50
Profit and loss account			136,582			188,046

Shareholders' funds			136,682			188,146

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




P M Austin
Director
Approved by the board on 25 March 2025

CPA Fabrications Limited
Notes to the Accounts
for the year ended 30 September 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold land and buildings			4% straight line basis
	Motor vehicles			25% reducIng balance basis
	Plant and machinery			25% straight line basis
	Fixtures and fittings			25% straight line basis

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price).

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2024		2023
Number							Number

	Average number of persons employed by the company					4		4


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 October 2023	90,758		66,742		16,100		173,600
	Additions	-		391		-		391
	At 30 September 2024	90,758		67,133		16,100		173,991

	Depreciation
	At 1 October 2023	90,192		66,742		16,100		173,034
	Charge for the year	566		131		-		697
	At 30 September 2024	90,758		66,873		16,100		173,731

	Net book value
	At 30 September 2024	-		260		-		260
	At 30 September 2023	566		-		-		566


4	Debtors					2024		2023
£							£

	Trade debtors					3,792		13,479
	Other debtors					6,328		3,232
						10,120		16,711


5	Creditors: amounts falling due within one year					2024		2023
£							£

	Trade creditors					595		959
	Corporation tax					-		(9,400)
	Other taxes and social security costs					5,664		24,791
	Other creditors					23,737		13,874
						29,996		30,224


6	Capital redemption reserve					2024		2023
£							£

	At 1 October 2023					50		50

	At 30 September 2024					50		50


7	Other financial commitments					2024		2023
£							£

	Total future minimum payments under non-cancellable operating leases					13,440		13,440


8	Other information

	CPA Fabrications Limited is a private company limited by shares and incorporated in England. Its registered office is:
	133 Middlemore Lane Industrial Estate
	Middlemore Lane
	Birmingham
	B21 0AY