Fabicon Ltd

	Page
Abridged Balance Sheet	1—2
Statement of Changes in Equity	3
Notes to the Abridged Financial Statements	4—5

Registered number: 09352551

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		10,818		10,806

			10,818		10,806
CURRENT ASSETS
Stocks		27,000		15,000
Debtors		50,623		61,445
Cash at bank and in hand		19,598		18,487

		97,221		94,932
Creditors: Amounts Falling Due Within One Year		(30,701 )		(21,784 )

NET CURRENT ASSETS (LIABILITIES)			66,520		73,148

TOTAL ASSETS LESS CURRENT LIABILITIES			77,338		83,954

Creditors: Amounts Falling Due After More Than One Year			(25,393 )		(30,763 )

NET ASSETS			51,945		53,191

CAPITAL AND RESERVES
Called up share capital	5		10		10
Profit and Loss Account			51,935		53,181

SHAREHOLDERS' FUNDS			51,945		53,191

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Fabicon Ltd

Abridged Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Arkadiusz Fabisiewicz

Director

23/09/2025

The notes on pages 4 to 5 form part of these financial statements.

	Share Capital	Profit and Loss Account	Total
	£	£	£
As at 1 January 2023	10	53,045	53,055
Profit for the year and total comprehensive income	-	136	136

As at 31 December 2023 and 1 January 2024	10	53,181	53,191


Loss for the year and total comprehensive income	-	(1,246 )	(1,246)

As at 31 December 2024	10	51,935	51,945

1. General Information

Fabicon Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09352551 . The registered office is 1A Ealand Road, Batley, WF17 8HS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% on WDV
Motor Vehicles	25% on WDV

2.4. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. 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.

Current tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.

2.6. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2023: 7)

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Fabicon Ltd

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 December 2024

4. Tangible Assets

	Total
	£
Cost
As at 1 January 2024	72,024
Additions	3,741
Disposals	(4,487 )

As at 31 December 2024	71,278

Depreciation
As at 1 January 2024	61,218
Provided during the period	3,191
Disposals	(3,949 )

As at 31 December 2024	60,460

Net Book Value
As at 31 December 2024	10,818

As at 1 January 2024	10,806

5. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	10	10

6. Pension Commitments

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of 2024 Nil (2023: £12) were due to the fund. They are included in Other Creditors.

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