REGISTERED NUMBER: 00966059 (England and Wales)

Unaudited Financial Statements For The Year Ended 31 March 2025

for

Anglia Fabrication & Design Limited

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

Directors:

M J Nicholas

J M Nicholas

G K Grainger

Registered office:

13 Depot Road

Newmarket

CB8 0AL

Registered number:

00966059 (England and Wales)

Accountants:

SMD Accounts LLP

Chartered Certified Accountants

The Vineyards

Knox Lane, Bardwell

Bury St Edmunds

Suffolk

IP31 1AX

Fixed assets

Tangible assets

4

135,575

145,994

Current assets

Stocks

69,361

65,927

Debtors

5

259,193

278,116

Cash at bank and in hand

153,078

227,805

481,632

571,848

Creditors

Amounts falling due within one year

6

178,299

252,795

Net current assets

303,333

319,053

Total assets less current liabilities

438,908

465,047

Creditors

Amounts falling due after more than one year

7

(2,500

)

(12,500

)

Provisions for liabilities

9

(17,763

)

(19,136

)

Net assets

418,645

433,411

Capital and reserves

Called up share capital

10

315

315

Retained earnings

418,330

433,096

Shareholders' funds

418,645

433,411

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 September 2025 and were signed on its behalf by:

M J Nicholas - Director

1.	Statutory information

Anglia Fabrication & Design 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.

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.

Going concern

The directors have reviewed the financial situation of the company and feel it is appropriate to prepare the financial statements on the going concern basis. The directors believe there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods provided in the normal course of business, and is shown net of VAT and other sales related taxes.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

2.5% on cost

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

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

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.

Construction contracts

Where the outcome of a construction contract can be estimated reliably, revenue and costs are recognised by reference to the stage of completion of the contract activity at the reporting end date. Variations in contract work, claims and incentive payments are included to the extent that the amount can be measured

reliably and its receipt is considered probable.

When it is probable that total contract costs will exceed total contract turnover, the expected loss is recognised as an expense immediately.

Where the outcome of a construction contract cannot be estimated reliably, contract costs are recognised as expenses in the period in which they are incurred and contract revenue is recognised to the extent of contract costs incurred where it is probable that they will be recoverable.

The "percentage of completion method" is used to determine the appropriate amount to recognise in a given period. The stage of completion is measured by the proportion of contract costs incurred for work performed to date compared to the estimated total contract costs. Costs incurred in the year in connection with future activity on a contract are excluded from contract costs in determining the stage of completion. These costs are presented as stocks, prepayments or other assets depending on their nature, and provided it is probable they will be recovered.

3.	Employees and directors

The average number of employees during the year was 18 (2024 - 17 ) .

4.	Tangible fixed assets

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Cost

At 1 April 2024

192,702

376,860

569,562

Additions

-

8,935

8,935

At 31 March 2025

192,702

385,795

578,497

Depreciation

At 1 April 2024

124,945

298,623

423,568

Charge for year

4,818

14,536

19,354

At 31 March 2025

129,763

313,159

442,922

Net book value

At 31 March 2025

62,939

72,636

135,575

At 31 March 2024

67,757

78,237

145,994

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

237,182

248,187

Other debtors

22,011

29,929

259,193

278,116

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

54,220

91,033

Taxation and social security

83,241

102,843

Other creditors

40,838

58,919

178,299

252,795

7.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Other creditors

2,500

12,500

8.	Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

28,760

19,099

Between one and five years

74,271

40,291

In more than five years

487,500

220,000

590,531

279,390

Included within the above is an annual commitment of £12,500 (2024: £5,500) relating to a lease which expires in 2069.

9.	Provisions for liabilities

2025

2024

£

£

Deferred tax

Accelerated capital allowances

18,031

19,403

Other timing differences

(268

)

(267

)

17,763

19,136

Deferred

tax

£

Balance at 1 April 2024

19,136

Credit to Statement of income and retained earnings during year

(1,373

)

Balance at 31 March 2025

17,763

10.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

313

Ordinary

£1

313

313

2

Ordinary A

£1

2

2

315

315

The shares rank pari passu in all respects except that the company can declare different dividends in respect of each class of share.

11.	Directors' advances, credits and guarantees

At the year end JM Nicholas, a director, owed the company £nil (2024: £9,163) in respect of his directors loan account. The maximum outstanding during the year was £nil (2024: £9,163).

At the year end G Grainger, a director, owed the company £nil (2024: £2,295) in respect of his directors loan account. The maximum outstanding during the year was £nil (2024: £2,295).