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COMPANY REGISTRATION NUMBER: 12395290

Centregreat Fabrication Limited

Filleted Unaudited Financial Statements

31 May 2025

Centregreat Fabrication Limited

Statement of Financial Position

31 May 2025

| 2025 | 2024
Note | £ | £

Fixed assets

Tangible assets | 6 | 6,374 | 77,436

Current assets

Stocks | 7 | 411,635 | 458,878
Debtors | 8 | 938,312 | 640,823
Cash at bank and in hand | 362,433 | 337,229
| ------------ | ------------
| 1,712,380 | 1,436,930

Creditors: amounts falling due within one year | 9 | 1,205,338 | 714,359
| ------------ | ------------
Net current assets | 507,042 | 722,571
| --------- | ---------
Total assets less current liabilities | 513,416 | 800,007

Creditors: amounts falling due after more than one year | 10 | 1,344,952 | 1,229,207
| ------------ | ------------
Net liabilities | ( 831,536) | ( 429,200)
| ------------ | ------------

Capital and reserves

Called up share capital | 11 | 100 | 100
Profit and loss account | ( 831,636) | ( 429,300)
| --------- | ---------
Shareholders deficit | ( 831,536) | ( 429,200)
| --------- | ---------

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 income statement has not been delivered.
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- 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 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Centregreat Fabrication Limited

Statement of Financial Position (continued)

31 May 2025
These financial statements were approved by the board of directors and authorised for issue on 18 December 2025 , and are signed on behalf of the board by:

Mr J C Mathias
Director

Company registration number: 12395290

Centregreat Fabrication Limited

Notes to the Financial Statements

Year ended 31 May 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Parcau Isaf Farm, Laleston, Bridgend, CF320NB, Wales.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Operating leases
Lease income is recognised in profit or loss on a straight line basis over the lease term. The aggregate cost of lease incentives are recognised as a reduction to income over the lease term on a straight-line basis. Costs, including depreciation, incurred in earning the lease income are recognised as an expense. Any initial direct costs incurred in negotiating and arranging the operating lease are added to the carrying amount of the lease and recognised as an expense over the lease term on the same basis as the lease income.
Goodwill
Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

| Goodwill | - | 100% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
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:

| Short leasehold property | - | Depreciated over the term of the lease - 5 years
| Plant and machinery | - | 20% straight line

Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 39 (2024: 36 ).
5. Intangible assets

| Goodwill
| £
Cost |
At 1 June 2024 and 31 May 2025 | 6
| ----
Amortisation |
At 1 June 2024 and 31 May 2025 | 6
| ----
Carrying amount |
At 31 May 2025 | –
| ----
At 31 May 2024 | –
| ----

6. Tangible assets

| Short leasehold property | Plant and machinery | Total
| £ | £ | £
Cost |  |  |
At 1 June 2024 | 196,300 | 212,704 | 409,004
Additions | – | 7,381 | 7,381
Disposals | – | ( 2,800) | ( 2,800)
| --------- | --------- | ---------
At 31 May 2025 | 196,300 | 217,285 | 413,585
| --------- | --------- | ---------
Depreciation |  |  |
At 1 June 2024 | 147,225 | 184,343 | 331,568
Charge for the year | 49,075 | 29,368 | 78,443
Disposals | – | ( 2,800) | ( 2,800)
| --------- | --------- | ---------
At 31 May 2025 | 196,300 | 210,911 | 407,211
| --------- | --------- | ---------
Carrying amount |  |  |
At 31 May 2025 | – | 6,374 | 6,374
| --------- | --------- | ---------
At 31 May 2024 | 49,075 | 28,361 | 77,436
| --------- | --------- | ---------

7. Stocks

| 2025 | 2024
| £ | £
Raw materials and consumables | 345,968 | 450,394
Work in progress | 65,667 | 8,484
| --------- | ---------
| 411,635 | 458,878
| --------- | ---------

8. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 669,053 | 391,964
Other debtors | 269,259 | 248,859
| --------- | ---------
| 938,312 | 640,823
| --------- | ---------

9. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 10,214 | 10,214
Trade creditors | 709,187 | 312,289
Social security and other taxes | 236,614 | 221,103
Other creditors | 249,323 | 170,753
| ------------ | ---------
| 1,205,338 | 714,359
| ------------ | ---------

10. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 2,003 | 12,217
Other creditors | 1,342,949 | 1,216,990
| ------------ | ------------
| 1,344,952 | 1,229,207
| ------------ | ------------

11. Called up share capital
Issued, called up and fully paid

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £ 1 each | 100 | 100 | 100 | 100
| ---- | ---- | ---- | ----