REGISTERED NUMBER: 09165914 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

NORTH EAST FABRICATION LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Duffy

Mrs R Duffy

SECRETARY:

Mrs R Duffy

REGISTERED OFFICE:

Unit 4 Trend House

Camperdown Industrial Estate

Newcastle Upon Tyne

NE12 5RF

REGISTERED NUMBER:

09165914 (England and Wales)

ACCOUNTANTS:

Mitchells Grievson Limited

Kensington House

3 Kensington

Bishop Auckland

Co. Durham

DL14 6HX

FIXED ASSETS

Tangible assets

4

102,718

41,885

CURRENT ASSETS

Debtors

5

71,271

113,012

Cash at bank and in hand

9,865

9,910

81,136

122,922

CREDITORS

Amounts falling due within one year

6

75,082

82,870

NET CURRENT ASSETS

6,054

40,052

TOTAL ASSETS LESS CURRENT LIABILITIES

108,772

81,937

CREDITORS

Amounts falling due after more than one year

7

(88,519

)

(50,711

)

PROVISIONS FOR LIABILITIES

(19,516

)

-

NET ASSETS

737

31,226

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

735

31,224

737

31,226

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 12 December 2025 and were signed on its behalf by:

A Duffy - Director

1.	STATUTORY INFORMATION

North East Fabrication 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

20% on cost

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 9 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 September 2024

76,610

783

-

927

78,320

Additions

59,915

-

34,521

746

95,182

Disposals

(30,799

)

-

-

-

(30,799

)

At 31 August 2025

105,726

783

34,521

1,673

142,703

DEPRECIATION

At 1 September 2024

35,778

64

-

593

36,435

Charge for year

19,566

157

586

169

20,478

Eliminated on disposal

(16,928

)

-

-

-

(16,928

)

At 31 August 2025

38,416

221

586

762

39,985

NET BOOK VALUE

At 31 August 2025

67,310

562

33,935

911

102,718

At 31 August 2024

40,832

719

-

334

41,885

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 September 2024

58,794

Additions

29,090

At 31 August 2025

87,884

DEPRECIATION

At 1 September 2024

26,458

Charge for year

13,798

At 31 August 2025

40,256

NET BOOK VALUE

At 31 August 2025

47,628

At 31 August 2024

32,336

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

30,460

102,817

Other debtors

40,811

10,195

71,271

113,012

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

38,043

12,102

Hire purchase contracts

19,644

8,230

Trade creditors

1,741

12,385

Taxation and social security

12,500

46,169

Other creditors

3,154

3,984

75,082

82,870

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

38,410

28,483

Hire purchase contracts

50,109

22,228

88,519

50,711

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

69,753

30,458

The hire purchase contracts are secured on the assets to which they relate.

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2025

2024

£

£

A Duffy and Mrs R Duffy

Balance outstanding at start of year

-

-

Amounts advanced

20,553

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

20,553

-

The Directors Current Account is repayable upon demand and interest has been charged at the appropriate rate.