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Registration number: 04721608

SC Fabrications (Norwich) Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 August 2025

SC Fabrications (Norwich) Limited

Contents

Balance Sheet | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 9

SC Fabrications (Norwich) Limited

Registration number: 04721608
Balance Sheet as at 31 August 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 4 | 1 | 1
Tangible assets | 5 | 534,563 | 426,970
|  | 534,564 | 426,971
Current assets |  |  |
Stocks | 6 | 30,000 | 15,000
Debtors | 7 | 310,080 | 218,718
Cash at bank and in hand |  | 144,318 | 181,093
|  | 484,398 | 414,811
Creditors: Amounts falling due within one year | 8 | (332,191) | (263,866)
Net current assets |  | 152,207 | 150,945
Total assets less current liabilities |  | 686,771 | 577,916
Creditors: Amounts falling due after more than one year | 8 | (78,970) | (120,486)
Provisions for liabilities |  | (133,641) | (106,743)
Net assets |  | 474,160 | 350,687
Capital and reserves |  |  |
Called up share capital | 9 | 3 | 3
Retained earnings |  | 474,157 | 350,684
Shareholders' funds |  | 474,160 | 350,687

The director's statements required by sections 475 (2) and (3) are shown on the following page which forms part of this Balance Sheet.

SC Fabrications (Norwich) Limited

Registration number: 04721608
Balance Sheet as at 31 August 2025 (continued)

For the financial year ending 31 August 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 accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 5 February 2026 and signed on its behalf by:

S G Copland Director | S S Copland Director |

SC Fabrications (Norwich) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Stalland Common
Great Ellingham
Norfolk
NR17 1JF
United Kingdom

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

SC Fabrications (Norwich) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

2 | Accounting policies (continued)

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and machinery | 25% reducing balance
Fixtures, fittings and equipment | 25% reducing balance
Motor vehicles | 25% reducing balance
Furniture and fittings | 25% reducing balance

SC Fabrications (Norwich) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

2 | Accounting policies (continued)

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

SC Fabrications (Norwich) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 11 (2024 - 11).

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 September 2024 | 30,218 | 30,218
At 31 August 2025 | 30,218 | 30,218
Amortisation
At 1 September 2024 | 30,217 | 30,217
At 31 August 2025 | 30,217 | 30,217
Carrying amount
At 31 August 2025 | 1 | 1
At 31 August 2024 | 1 | 1

SC Fabrications (Norwich) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

5 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Other property, plant and equipment £ | Total £
Cost or valuation
At 1 September 2024 | 87,108 | 977,053 | 258,977 | 1,323,138
Additions | 7,846 | 292,645 | - | 300,491
Disposals | - | (142,495) | (12,500) | (154,995)
At 31 August 2025 | 94,954 | 1,127,203 | 246,477 | 1,468,634
Depreciation
At 1 September 2024 | 78,677 | 612,301 | 205,190 | 896,168
Charge for the year | 4,072 | 160,838 | 13,289 | 178,199
Eliminated on disposal | - | (128,436) | (11,860) | (140,296)
At 31 August 2025 | 82,749 | 644,703 | 206,619 | 934,071
Carrying amount
At 31 August 2025 | 12,205 | 482,500 | 39,858 | 534,563
At 31 August 2024 | 8,431 | 364,752 | 53,787 | 426,970

Leased assets

6 | Stocks

| 2025 £ | 2024 £
Other inventories | 30,000 | 15,000

SC Fabrications (Norwich) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

7 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 308,184 | 149,172
Prepayments | 1,896 | 69,546
| 310,080 | 218,718

8 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Bank loans and overdrafts | 10 | 140,349 | 86,488
Trade creditors |  | 24,049 | 14,416
Directors' loan accounts |  | 2,005 | 761
Taxation and social security |  | 131,665 | 134,382
Other creditors |  | 34,123 | 27,819
|  | 332,191 | 263,866
Due after one year |  |  |
Loans and borrowings | 10 | 78,970 | 120,486

SC Fabrications (Norwich) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

9 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 3 | 3 | 3 | 3

10 | Loans and borrowings

| 2025 £ | 2024 £
Non-current loans and borrowings
Bank borrowings | 2,347 | 12,474
HP and finance lease liabilities | 76,623 | 108,012
| 78,970 | 120,486

| 2025 £ | 2024 £
Current loans and borrowings
Bank borrowings | 10,648 | 10,648
HP and finance lease liabilities | 129,701 | 75,840
| 140,349 | 86,488