1 April 2024 v2025.46.1 micro_entity_frs_105_v1_1_2 filingSoftwarefalsetruetruetruefalseNo description of principal activitytruexbrli:purexbrli:sharesiso4217:GBP106204122024-04-012025-03-31106204122025-03-31106204122024-03-3110620412core:WithinOneYear2025-03-3110620412core:WithinOneYear2024-03-3110620412bus:RegisteredOffice2024-04-012025-03-31106204122023-04-012024-03-3110620412bus:Director12024-04-012025-03-311062041212024-04-012025-03-3110620412countries:EnglandWales2024-04-012025-03-3110620412bus:AuditExemptWithAccountantsReport2024-04-012025-03-3110620412bus:PrivateLimitedCompanyLtd2024-04-012025-03-3110620412bus:Micro-entities2024-04-012025-03-3110620412bus:FullAccounts2024-04-012025-03-31
Company registration number:
10620412
Competition Fabrications Ltd.
Unaudited Filleted Financial Statements for the year ended
31 March 2025
Competition Fabrications Ltd.
Statement of Financial Position
31 March 2025
20252024
££
Fixed assets
130,823
 
112,253
 
   
Current assets
219,948
 
192,306
 
Prepayments and accrued income
4,053
 
3,401
 
Creditors: amounts falling due within one year
(96,110
)
(95,859
)
Net current assets
127,891
 
99,848
 
Total assets less current liabilities
258,714
 
212,101
 
Accruals and deferred income
(1,230
)
(1,405
)
Net assets
257,484
 
210,696
 
   
Capital and reserves
257,484
 
210,696
 

Notes to the Financial Statements

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Unit 15
,
Bunns Bank
,
Attleborough
,
Norfolk
,
NR17 1QD
, England.

2 Average number of employees

The average number of persons employed by the company during the year was
7
(2024:
7.00
).

3 Directors' advances, credit and guarantees

During the year the company made interest free advances to Directors amounting to £19173 of which £18960 remained outstanding at the year end but were repaid on 17/04/2025. The company also made a loan to a director of £20,000 in March 2025. Interest is payable at the rate of 2.25% per annum annually.
For the year ending
31 March 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
20 June 2025
, and are signed on behalf of the board by:
R Bensley
Director
Company registration number:
10620412