Company registration number 02489086 (England and Wales)
M T FABRICATIONS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
PAGES FOR FILING WITH REGISTRAR
M T FABRICATIONS LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 8
M T FABRICATIONS LIMITED
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF M T FABRICATIONS LIMITED FOR THE YEAR ENDED 30 APRIL 2025
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of M T Fabrications Limited for the year ended 30 April 2025 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the b oard of d irectors of M T Fabrications Limited, as a body, in accordance with the terms of our engagement letter dated 25 January 2024. Our work has been undertaken solely to prepare for your approval the financial statements of M T Fabrications Limited and state those matters that we have agreed to state to the b oard of d irectors of M T Fabrications Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than M T Fabrications Limited and its b oard of d irectors as a body, for our work or for this report.

It is your duty to ensure that M T Fabrications Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of M T Fabrications Limited. You consider that M T Fabrications Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of M T Fabrications Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory f inancial statements.

Carpenter Box
13 January 2026
Chartered Accountants
Amelia House
Crescent Road
Worthing
West Sussex
BN11 1RL
M T FABRICATIONS LIMITED
BALANCE SHEET
AS AT
30 APRIL 2025
30 April 2025
- 2 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
440,528
553,205
Current assets
Stocks
10,000
10,000
Debtors
4
167,227
210,371
Cash at bank and in hand
110,444
115,692
287,671
336,063
Creditors: amounts falling due within one year
5
(250,673)
(165,596)
Net current assets
36,998
170,467
Total assets less current liabilities
477,526
723,672
Creditors: amounts falling due after more than one year
6
(164,391)
(364,438)
Provisions for liabilities
(110,000)
(138,100)
Net assets
203,135
221,134
Capital and reserves
Called up share capital
7
100
100
Profit and loss reserves
203,035
221,034
Total equity
203,135
221,134

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

M T FABRICATIONS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 APRIL 2025
30 April 2025
- 3 -
The financial statements were approved by the board of directors and authorised for issue on 13 January 2026 and are signed on its behalf by:
Mr M T Purkis
Director
Company Registration No. 02489086
M T FABRICATIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
- 4 -
1
Accounting policies
Company information

M T Fabrications Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit 17, Timberlaine Industrial Estate, Decoy Road, Worthing, West Sussex, BN14 8ND.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover is recognised at the fair value of the consideration receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery
15% per annum on a diminishing balance basis
Fixtures, fittings and equipment
15% per annum on a diminishing balance basis
Computer equipment
25% per annum on a straight line basis
Motor vehicles
25% per annum on a diminishing balance basis

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

1.6
Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

M T FABRICATIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
1
Accounting policies
(Continued)
- 5 -
1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

1.8
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.9
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

1.11
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

M T FABRICATIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
1
Accounting policies
(Continued)
- 6 -
1.12
Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to the profit and loss account so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals payable under operating leases, including any lease incentives received, are charged to income on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was 9 (202 4 - 9).

3
Tangible fixed assets
Plant and machinery
Fixtures, fittings and equipment
Computer equipment
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 May 2024
766,469
19,754
32,965
149,837
969,025
Additions
39,331
-
0
-
0
-
0
39,331
Disposals
(104,338)
-
0
-
0
-
0
(104,338)
At 30 April 2025
701,462
19,754
32,965
149,837
904,018
Depreciation and impairment
At 1 May 2024
270,839
18,800
31,719
94,462
415,820
Depreciation charged in the year
74,516
143
691
13,843
89,193
Eliminated in respect of disposals
(41,523)
-
0
-
0
-
0
(41,523)
At 30 April 2025
303,832
18,943
32,410
108,305
463,490
Carrying amount
At 30 April 2025
397,630
811
555
41,532
440,528
At 30 April 2024
495,630
954
1,246
55,375
553,205
M T FABRICATIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
- 7 -
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
125,934
166,406
Other debtors
41,293
43,965
167,227
210,371
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
10,484
10,228
Trade creditors
91,714
111,548
Taxation and social security
93,703
6,786
Other creditors
54,772
37,034
250,673
165,596

The obligations under hire purchases contracts totalling £51,099 (20 24- £31,571) included within other creditors are secured on the underlying assets.

6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
886
11,369
Other creditors
163,505
353,069
164,391
364,438

The obligations under hire purchases contracts totalling £163,505 (2024 - £353,069) included within other creditors are secured on the underlying assets.

7
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary Shares of £1 each
100
100
100
100
M T FABRICATIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
- 8 -
8
Operating lease commitments
Lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2025
2024
£
£
22,600
13,884
2025-04-30 2024-05-01 false false false 13 January 2026 CCH Software CCH Accounts Production 2025.200 No description of principal activity Mr M T Purkis Mrs D Purkis Mrs D Purkis 9 9 02489086 2024-05-01 2025-04-30 02489086 2025-04-30 02489086 2024-04-30 02489086 core:PlantMachinery 2025-04-30 02489086 core:FurnitureFittings 2025-04-30 02489086 core:ComputerEquipment 2025-04-30 02489086 core:MotorVehicles 2025-04-30 02489086 core:PlantMachinery 2024-04-30 02489086 core:FurnitureFittings 2024-04-30 02489086 core:ComputerEquipment 2024-04-30 02489086 core:MotorVehicles 2024-04-30 02489086 core:CurrentFinancialInstruments core:WithinOneYear 2025-04-30 02489086 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 02489086 core:Non-currentFinancialInstruments core:AfterOneYear 2025-04-30 02489086 core:Non-currentFinancialInstruments core:AfterOneYear 2024-04-30 02489086 core:CurrentFinancialInstruments 2025-04-30 02489086 core:CurrentFinancialInstruments 2024-04-30 02489086 core:Non-currentFinancialInstruments 2025-04-30 02489086 core:Non-currentFinancialInstruments 2024-04-30 02489086 core:ShareCapital 2025-04-30 02489086 core:ShareCapital 2024-04-30 02489086 core:RetainedEarningsAccumulatedLosses 2025-04-30 02489086 core:RetainedEarningsAccumulatedLosses 2024-04-30 02489086 core:ShareCapitalOrdinaryShareClass1 2025-04-30 02489086 core:ShareCapitalOrdinaryShareClass1 2024-04-30 02489086 bus:Director1 2024-05-01 2025-04-30 02489086 core:PlantMachinery 2024-05-01 2025-04-30 02489086 core:FurnitureFittings 2024-05-01 2025-04-30 02489086 core:ComputerEquipment 2024-05-01 2025-04-30 02489086 core:MotorVehicles 2024-05-01 2025-04-30 02489086 core:PlantMachinery 2024-04-30 02489086 core:FurnitureFittings 2024-04-30 02489086 core:ComputerEquipment 2024-04-30 02489086 core:MotorVehicles 2024-04-30 02489086 2024-04-30 02489086 core:WithinOneYear 2025-04-30 02489086 core:WithinOneYear 2024-04-30 02489086 bus:OrdinaryShareClass1 2024-05-01 2025-04-30 02489086 bus:OrdinaryShareClass1 2025-04-30 02489086 bus:OrdinaryShareClass1 2024-04-30 02489086 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 02489086 bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 02489086 bus:FRS102 2024-05-01 2025-04-30 02489086 bus:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 02489086 bus:Director2 2024-05-01 2025-04-30 02489086 bus:CompanySecretary1 2024-05-01 2025-04-30 02489086 bus:FullAccounts 2024-05-01 2025-04-30 02489086 2023-05-01 2024-04-30 xbrli:pure xbrli:shares iso4217:GBP