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REGISTERED NUMBER: 03334094 (England and Wales)















Fatra U.K. Limited

Financial Statements for the Year Ended 31 March 2025






Fatra U.K. Limited (Registered number: 03334094)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Fatra U.K. Limited

Company Information
for the Year Ended 31 March 2025







Directors: K J Douglas
M A Shaw
S R Thorn





Registered office: Unit 12 The Timber Yard
East Moors Road
Cardiff
CF24 5EE





Registered number: 03334094 (England and Wales)





Auditors: Menzies LLP, Statutory Auditors
5th Floor Hodge House
114-116 St Mary Street
Cardiff
CF10 1DY

Fatra U.K. Limited (Registered number: 03334094)

Balance Sheet
31 March 2025

2025 2024
Notes £    £   
Fixed assets
Tangible assets 4 317,454 352,958

Current assets
Stocks 634,467 476,801
Debtors 5 2,295,792 2,023,538
Cash at bank and in hand 2,666,421 2,005,838
5,596,680 4,506,177
Creditors
Amounts falling due within one year 6 (3,282,844 ) (2,540,173 )
Net current assets 2,313,836 1,966,004
Total assets less current liabilities 2,631,290 2,318,962

Creditors
Amounts falling due after more than one
year

7

(4,639

)

(18,556

)

Provisions for liabilities (10,929 ) (15,225 )
Net assets 2,615,722 2,285,181

Capital and reserves
Called up share capital 1,000 1,000
Revaluation reserve 9 66,019 67,172
Retained earnings 2,548,703 2,217,009
2,615,722 2,285,181

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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 October 2025 and were signed on its behalf by:





M A Shaw - Director


Fatra U.K. Limited (Registered number: 03334094)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. Statutory information

Fatra U.K. 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from the sale of goods is recognised when the significant risks and rwards of ownership have passed to the buyer, the amount can be measured reliably and it is probable that economic benefits will flow to the entity.

Revenue from contracts is recognised by reference to the relevant stage of completion, providing this can be estimated reliably. The stage of completion is calculated by comparing costs incurred as a proportion of total costs.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Long leasehold - 2% on cost
Improvements to property - 25% on cost
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on cost

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

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

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.

3. Employees and directors

The average number of employees during the year was 14 (2024 - 14 ) .

Fatra U.K. Limited (Registered number: 03334094)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. Tangible fixed assets
Improvements
Long to Plant and Motor
leasehold property machinery vehicles Totals
£    £    £    £    £   
Cost
At 1 April 2024 370,000 86,200 52,032 53,355 561,587
Disposals - - (4,744 ) - (4,744 )
At 31 March 2025 370,000 86,200 47,288 53,355 556,843
Depreciation
At 1 April 2024 96,200 67,942 24,733 19,754 208,629
Charge for year 7,400 10,921 6,825 10,339 35,485
Eliminated on disposal - - (4,725 ) - (4,725 )
At 31 March 2025 103,600 78,863 26,833 30,093 239,389
Net book value
At 31 March 2025 266,400 7,337 20,455 23,262 317,454
At 31 March 2024 273,800 18,258 27,299 33,601 352,958

5. Debtors: amounts falling due within one year
2025 2024
£    £   
Trade debtors 2,217,265 1,951,221
Other debtors 4,784 9,155
Directors' current accounts 1,324 287
Prepayments 72,419 62,875
2,295,792 2,023,538

6. Creditors: amounts falling due within one year
2025 2024
£    £   
Finance leases (see note 8) 13,917 13,916
Trade creditors 2,043,441 1,575,746
Tax 480,893 348,075
Social security and other taxes 19,625 18,485
VAT 529,503 466,946
Directors' current accounts 1,206 625
Accruals and deferred income 194,259 116,380
3,282,844 2,540,173

7. Creditors: amounts falling due after more than one year
2025 2024
£    £   
Finance leases (see note 8) 4,639 18,556

Fatra U.K. Limited (Registered number: 03334094)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

8. Leasing agreements

Minimum lease payments fall due as follows:

Finance leases
2025 2024
£    £   
Net obligations repayable:
Within one year 13,917 13,916
Between one and five years 4,639 18,556
18,556 32,472

Non-cancellable
operating leases
2025 2024
£    £   
Within one year 28,337 49,442
Between one and five years 26,073 21,852
54,410 71,294

9. Reserves
Revaluation
reserve
£   
At 1 April 2024 67,172
Depreciation on revalued
tangible fixed assets (1,153 )

At 31 March 2025 66,019

10. Disclosure under Section 444(5B) of the Companies Act 2006

The Report of the Auditors was unqualified.

Clive Edwards (Senior Statutory Auditor)
for and on behalf of Menzies LLP, Statutory Auditors

11. Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 2024
£    £   
K J Douglas
Balance outstanding at start of year - (658 )
Amounts advanced 214,227 310,733
Amounts repaid (213,750 ) (310,075 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 477 -

M A Shaw
Balance outstanding at start of year (625 ) (2,017 )
Amounts advanced 64,971 106,163
Amounts repaid (63,500 ) (104,771 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 846 (625 )

Fatra U.K. Limited (Registered number: 03334094)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

11. Directors' advances, credits and guarantees - continued

S R Thorn
Balance outstanding at start of year 286 (1,826 )
Amounts advanced 240,729 364,928
Amounts repaid (242,221 ) (362,816 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,206 ) 286

12. Financial commitments, guarantees and contingent liabilities

The company offers guarantees of 15 to 30 years (which are covered by solvency insurance for 15 years from completion of work) on many of the roofing contracts undertaken and as such, there is a contingent liability in respect of future claims. No provision has been made for these as it is not considered practicable to make an estimate due to the uncertainties of climatic conditions and the extent of remedial works required. The directors are not aware of any circumstances which could rise to abnormally high or material claims.