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Registered number: 05230329
Opal Fabrication Limited
Unaudited Financial Statements
For the Period 1 September 2024 to 31 March 2025
Xeinadin South Essex Limited
Cumberland House
24 - 28 Baxter Avenue
Southend on Sea
Essex
SS2 6HZ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05230329
31 March 2025 31 August 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 359,126 411,677
359,126 411,677
CURRENT ASSETS
Stocks 5 35,503 35,503
Debtors 6 288,534 63,128
Cash at bank and in hand - 5,245
324,037 103,876
Creditors: Amounts Falling Due Within One Year 7 (571,941 ) (624,913 )
NET CURRENT ASSETS (LIABILITIES) (247,904 ) (521,037 )
TOTAL ASSETS LESS CURRENT LIABILITIES 111,222 (109,360 )
Creditors: Amounts Falling Due After More Than One Year 8 (84,864 ) (73,873 )
NET ASSETS/(LIABILITIES) 26,358 (183,233 )
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 26,356 (183,235 )
SHAREHOLDERS' FUNDS 26,358 (183,233)
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Page 2
For the period ending 31 March 2025 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.
On behalf of the board
Mr Stefan Dodd
Director
10/12/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Opal Fabrication Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05230329 . The registered office is c/o Devonports LAS Accountants Ltd, The Rivendell Centre, White Horse Lane, Maldon, Essex, CM9 5QP.
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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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:
Leasehold 60 years straight line
Plant & Machinery 10 years straight line
Motor Vehicles 25% reducing balance
Fixtures & Fittings 15% reducing balance
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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 8 (2024: 8)
8 8
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Page 4
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 September 2024 70,084 935,228 53,268 44,194 1,102,774
Additions - 91 - - 91
As at 31 March 2025 70,084 935,319 53,268 44,194 1,102,865
Depreciation
As at 1 September 2024 11,681 597,378 45,305 36,733 691,097
Provided during the period 681 49,857 1,161 943 52,642
As at 31 March 2025 12,362 647,235 46,466 37,676 743,739
Net Book Value
As at 31 March 2025 57,722 288,084 6,802 6,518 359,126
As at 1 September 2024 58,403 337,850 7,963 7,461 411,677
5. Stocks
31 March 2025 31 August 2024
£ £
Stock 35,503 35,503
6. Debtors
31 March 2025 31 August 2024
£ £
Due within one year
Amounts recoverable on contracts 288,534 63,128
7. Creditors: Amounts Falling Due Within One Year
31 March 2025 31 August 2024
£ £
Other creditors 571,941 624,913
Page 4
Page 5
8. Creditors: Amounts Falling Due After More Than One Year
31 March 2025 31 August 2024
£ £
Other creditors 84,864 73,873
9. Share Capital
31 March 2025 31 August 2024
£ £
Allotted, Called up and fully paid 2 2
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