Company registration number:
NI065765
Fabrite Holdings Limited
Unaudited filleted abridged financial statements
31 March 2025
Fabrite Holdings Limited
Contents
Directors and other information
Accountant's report
Abridged statement of financial position
Notes to the financial statements
Fabrite Holdings Limited
Directors and other information
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Directors |
Mr Kenneth McAleenon |
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Mr David McAleenon |
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Secretary |
Iris McAleenon |
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Company number |
NI065765 |
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Registered office |
4C Hallstown Road |
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Ballinderry Upper |
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Lisburn |
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Co Antrim |
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BT28 2NE |
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Accountant |
GDP Accountants Ltd |
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122A Moore Street |
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Aughnacloy |
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Co Tyrone |
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BT69 6AA |
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Fabrite Holdings Limited
Report to the board of directors on the preparation of the
unaudited statutory financial statements of Fabrite Holdings Limited
Year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of Fabrite Holdings Limited for the year ended 31 March 2025 as set out on pages 5 to 10 from the company's accounting records and from information and explanations you have given me.
As a practising member of the Association of Chartered Certified Accountants , I am subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.
This report is made solely to the board of directors of Fabrite Holdings Limited, as a body, in accordance with the terms of my engagement letter dated 17 February 2024. My work has been undertaken solely to prepare for your approval the financial statements of Fabrite Holdings Limited and state those matters that we have agreed to state to the board of directors of Fabrite Holdings Limited as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than Fabrite Holdings Limited and its board of directors as a body for my work or for this report.
It is your duty to ensure that Fabrite Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Fabrite Holdings Limited. You consider that Fabrite Holdings Limited is exempt from the statutory audit requirement for the year.
I have not been instructed to carry out an audit or a review of the financial statements of Fabrite Holdings Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.
GDP Accountants Ltd
Chartered Certified Accountants
122A Moore Street
Aughnacloy
Co Tyrone
BT69 6AA
1 October 2025
Fabrite Holdings Limited
Abridged statement of financial position
31 March 2025
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2025 |
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2024 |
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Note |
£ |
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£ |
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£ |
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£ |
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Fixed assets |
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Tangible assets |
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5 |
821,414 |
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824,557 |
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________ |
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________ |
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821,414 |
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824,557 |
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Current assets |
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Debtors |
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1,500 |
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40,374 |
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Cash at bank and in hand |
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12,029 |
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497 |
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________ |
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________ |
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13,529 |
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40,871 |
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Creditors: amounts falling due |
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within one year |
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(
257,490) |
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(
251,108) |
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________ |
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________ |
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Net current liabilities |
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(
243,961) |
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(
210,237) |
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________ |
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Total assets less current liabilities |
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577,453 |
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614,320 |
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Creditors: amounts falling due |
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after more than one year |
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(
2,974) |
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(
12,929) |
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________ |
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Net assets |
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574,479 |
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601,391 |
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________ |
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Capital and reserves |
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Called up share capital |
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51 |
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51 |
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Other reserves |
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49 |
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49 |
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Profit and loss account |
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574,379 |
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601,291 |
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________ |
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Shareholders funds |
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574,479 |
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601,391 |
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________ |
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________ |
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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:
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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;
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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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
All of the members have consented to the preparation of the abridged statement of financial position for the current year ending 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.
These financial statements were approved by the
board of directors
and authorised for issue on
01 October 2025
, and are signed on behalf of the board by:
Mr Kenneth McAleenon
Director
Company registration number:
NI065765
Fabrite Holdings Limited
Notes to the financial statements
Year ended 31 March 2025
1.
General information
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 4C Hallstown Road, Ballinderry Upper, Lisburn, Co Antrim, BT28 2NE.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
Accounting policies
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
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Fittings fixtures and equipment |
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15 % |
reducing balance |
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Motor vehicles |
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10 % |
reducing balance |
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If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
3
(2024:
3
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5.
Tangible assets
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£ |
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Cost |
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At 1 April 2024 and 31 March 2025 |
984,730 |
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Depreciation |
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At 1 April 2024 |
160,173 |
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Charge for the year |
3,143 |
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At 31 March 2025 |
163,316 |
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Carrying amount |
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At 31 March 2025 |
821,414 |
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________ |
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At 31 March 2024 |
824,557 |
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6.
Creditors: amounts falling due within one year
The bank loans and overdrafts of £12,585 (2024: £22,586) are secured by a fixed and floating charge over the assets of the company.