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8318385falsemanufacture of metal structures2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-12-31http://www.companieshouse.gov.uk/cd:Director12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:MotorCars2023-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:MotorCars2024-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-12-31http://www.companieshouse.gov.uk/2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:FRS1022024-01-012024-12-31http://www.companieshouse.gov.uk/2024-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-01-012024-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-01-012024-12-31iso4217:GBPxbrli:sharesxbrli:pure


Registered number: 8318385






Mark Abbott Welding and Fabrication Limited


ACCOUNTS

FOR THE YEAR ENDED 31/12/2024
























Prepared By:
N B Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN


ACCOUNTS
FOR THE YEAR ENDED 31/12/2024





DIRECTORS
M A Abbott


REGISTERED OFFICE
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 8318385



BANKERS
The Royal Bank of Scotland Plc



ACCOUNTANTS
N B Lancaster & Co
Chartered Accountants
6 Brunswick Street
Carlisle
Cumbria
CA1 1PN


ACCOUNTS
FOR THEYEARENDED31/12/2024



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/12/2024

			2024		2023
	Notes		£		£

FIXED ASSETS
Tangible assets	2		22,680		30,239

CURRENT ASSETS
Stock		36,160		38,800
Debtors	4	23,681		29,496
		59,841		68,296
CREDITORS: Amounts falling due within one year	5	86,772		82,334
NET CURRENT LIABILITIES			(26,931)		(14,038)
TOTAL ASSETS LESS CURRENT LIABILITIES			(4,251)		16,201


CREDITORS: Amounts falling due after more than one year	6		4,777		14,918

NET (LIABILITIES) / ASSETS			(9,028)		1,283

CAPITAL AND RESERVES

Called up share capital	8		100		100
Profit and loss account			(9,128)		1,183
SHAREHOLDERS' FUNDS			(9,028)		1,283

For the year ending 31/12/2024 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 18/09/2025 and signed on their behalf by



.............................
M A Abbott
Director




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		reducing balance 25%
Equipment		reducing balance 25%
Motor Vehicles		reducing balance 25%




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1d. Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.




1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.




2. TANGIBLE FIXED ASSETS

	Plant and
	Machinery	Equipment	Motor Vehicles	Total
	£	£	£	£
Cost
At 01/01/2024	174,297	3,286	26,775	204,358
At 31/12/2024	174,297	3,286	26,775	204,358
Depreciation
At 01/01/2024	150,852	1,881	21,386	174,119
For the year	5,861	351	1,347	7,559
At 31/12/2024	156,713	2,232	22,733	181,678
Net Book Amounts
At 31/12/2024	17,584	1,054	4,042	22,680
At 31/12/2023	23,445	1,405	5,389	30,239




3. STOCK	2024	2023
	£	£
Stock comprises:

Stock of raw materials	7,100	5,900
Work in progress	29,060	32,900
	36,160	38,800




4. DEBTORS	2024	2023
	£	£
Amounts falling due within one year
Trade debtors	23,581	27,242
UK corporation tax	-	2,154
Other debtors	100	100
	23,681	29,496


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2024	2023
	£	£
VAT	7,519	6,847
Directors current account	25,990	12,178
Bank loans and overdrafts	39,053	37,474
Bank loans (unsecured)	10,000	10,000
Trade creditors	1,910	13,535
Accruals	2,300	2,300
	86,772	82,334




6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2024	2023
	£	£
Bank loans (unsecured) >1yr	4,777	14,918
	4,777	14,918




8. SHARE CAPITAL	2024	2023
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100	100
	100	100




7. EMPLOYEES

	2024	2023
	No.	No.
Average number of employees	2	2