REGISTERED NUMBER: 02115619 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

Firma-Chrome Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Nicol

P A Marsden

S K Hallatt

SECRETARY:

D Nicol

REGISTERED OFFICE:

Soho Works

Saxon Road

Sheffield

S8 0XZ

REGISTERED NUMBER:

02115619 (England and Wales)

ACCOUNTANTS:

A&MPG Limited

6 Meadowhead

Sheffield

South Yorkshire

S8 7UD

FIXED ASSETS

Tangible assets

4

137,915

129,374

CURRENT ASSETS

Stocks

5

25,061

21,865

Debtors

6

281,234

288,281

Cash at bank and in hand

122,965

119,436

429,260

429,582

CREDITORS

Amounts falling due within one year

7

199,242

194,125

NET CURRENT ASSETS

230,018

235,457

TOTAL ASSETS LESS CURRENT LIABILITIES

367,933

364,831

CREDITORS

Amounts falling due after more than one year

8

(32,047

)

(53,525

)

PROVISIONS FOR LIABILITIES

9

(25,979

)

(24,577

)

NET ASSETS

309,907

286,729

CAPITAL AND RESERVES

Called up share capital

10

15,000

15,000

Retained earnings

11

294,907

271,729

SHAREHOLDERS' FUNDS

309,907

286,729

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 December 2025 and were signed on its behalf by:

D Nicol - Director

1.	STATUTORY INFORMATION

Firma-Chrome 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

at varying rates 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 15 (2024 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 July 2024

368,690

Additions

32,946

At 30 June 2025

401,636

DEPRECIATION

At 1 July 2024

239,316

Charge for year

24,405

At 30 June 2025

263,721

NET BOOK VALUE

At 30 June 2025

137,915

At 30 June 2024

129,374

5.

STOCKS

2025

2024

£

£

Raw materials

25,061

21,865

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

188,800

195,928

Prepayments and accrued income

2,434

2,353

191,234

198,281

Amounts falling due after more than one year:

Amounts owed by group undertakings

90,000

90,000

Aggregate amounts

281,234

288,281

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

30,000

30,000

Hire purchase contracts

4,261

816

Trade creditors

43,587

71,034

Tax

8,581

8,408

Social security and other taxes

8,933

11,322

VAT

36,928

29,950

Other creditors

3,577

3,703

Accruals and deferred income

63,375

38,892

199,242

194,125

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

23,525

53,525

Hire purchase contracts

8,522

-

32,047

53,525

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

25,979

24,577

Deferred

tax

£

Balance at 1 July 2024

24,577

Charge to Income Statement during year

1,402

Balance at 30 June 2025

25,979

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

15,000

Ordinary shares

1

15,000

15,000

11.

RESERVES

Retained

earnings

£

At 1 July 2024

271,729

Profit for the year

38,178

Dividends

(15,000

)

At 30 June 2025

294,907

12.	CAPITAL COMMITMENTS

2025

2024

£

£

Contracted but not provided for in the

financial statements

17,208

498

Vehicle leasing commitment

13.	RELATED PARTY DISCLOSURES

The controlling party is Brook Bros. Limited.

The ultimate controlling party is D Nicol.