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Registration number: 05195565

C P Fabs Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 July 2025

C P Fabs Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Financial Statements | 4 to 10

C P Fabs Limited

Company Information

Director | Mr CR Joyce

Company secretary | Mr CR Joyce

Registered office | Unit 7 Halas Industrial Estate Forge Lane Halesowen West Midlands B62 8EB

Accountants | CLG Accountants & Business Advisors Hagley Road Business Hub 8 Hagley Road Stourbridge West Midlands DY8 1PS

C P Fabs Limited

(Registration number: 05195565)
Balance Sheet as at 31 July 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 47,812 | 54,799
Current assets |  |  |
Stocks | 5 | 3,850 | 4,950
Debtors | 6 | 896,686 | 742,295
Cash at bank and in hand |  | 9 | 9
|  | 900,545 | 747,254
Creditors: Amounts falling due within one year | 7 | (570,852) | (426,982)
Net current assets |  | 329,693 | 320,272
Total assets less current liabilities |  | 377,505 | 375,071
Creditors: Amounts falling due after more than one year | 7 | (3,697) | (30,621)
Provisions for liabilities |  | (9,562) | (11,110)
Net assets |  | 364,246 | 333,340
Capital and reserves |  |  |
Called up share capital | 9 | 300 | 300
Retained earnings |  | 363,946 | 333,040
Shareholders' funds |  | 364,246 | 333,340

For the financial year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 24 February 2026

C P Fabs Limited

(Registration number: 05195565)
Balance Sheet as at 31 July 2025

......................................... Mr CR Joyce Company secretary and director

C P Fabs Limited

Notes to the Financial Statements for the Year Ended 31 July 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:
Unit 7 Halas Industrial Estate
Forge Lane
Halesowen
West Midlands
B62 8EB
England

The principal place of business is:
Unit 7 Halas Industrial Estate
Forge Lane
Halesowen
West Midlands
B62 8EB
England

These financial statements were authorised for issue by the director on 24 February 2026.

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 including Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

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.

C P Fabs Limited

Notes to the Financial Statements for the Year Ended 31 July 2025

Going concern

The financial statements have been prepared on a going concern basis with the Director having given due consideration to the potential impact of Brexit. He is of the opinion that neither the Company's ability to trade nor the value of its assets will be significantly impaired.

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.

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:

C P Fabs Limited

Notes to the Financial Statements for the Year Ended 31 July 2025

Asset class | Depreciation method and rate
Other property, plant and machinery | 25% on reducing balance
Motor vehicles | 25% on reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

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.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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.

C P Fabs Limited

Notes to the Financial Statements for the Year Ended 31 July 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

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.

C P Fabs Limited

Notes to the Financial Statements for the Year Ended 31 July 2025

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 5 (2024 - 4).

4 | Tangible assets

| Motor vehicles £ | Other tangible assets £ | Total £
Cost or valuation
At 1 August 2024 | 1,200 | 228,542 | 229,742
Additions | 6,000 | 2,950 | 8,950
At 31 July 2025 | 7,200 | 231,492 | 238,692
Depreciation
At 1 August 2024 | 1,110 | 173,833 | 174,943
Charge for the year | 1,522 | 14,415 | 15,937
At 31 July 2025 | 2,632 | 188,248 | 190,880
Carrying amount
At 31 July 2025 | 4,568 | 43,244 | 47,812
At 31 July 2024 | 90 | 54,709 | 54,799

5 | Stocks

| 2025 £ | 2024 £
Other inventories | 3,850 | 4,950

6 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 889,590 | 741,017
Prepayments | 1,096 | 1,278
Other debtors | 6,000 | -
| 896,686 | 742,295

C P Fabs Limited

Notes to the Financial Statements for the Year Ended 31 July 2025

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 11 | 41,935 | 31,350
Trade creditors |  | 316,495 | 153,904
Taxation and social security |  | 195,447 | 233,835
Accruals and deferred income |  | 875 | 5,375
Other creditors |  | 16,100 | 2,518
|  | 570,852 | 426,982

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 11 | 3,697 | 30,621

8 | Obligations under leases and hire purchase contracts

Finance leases

The total of future minimum lease payments is as follows:

| 2025 £ | 2024 £
Not later than one year | 21,066 | 17,369
Later than one year and not later than five years | - | 21,066
| 21,066 | 38,435

9 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary £1 of £1 each | 300 | 300 | 300 | 300

C P Fabs Limited

Notes to the Financial Statements for the Year Ended 31 July 2025

10 | Related party transactions

Key management personnel

At the year end the Company owed key management £16,100. These monies are repayable upon demand and have been advanced on an unsecured, interest free basis.

Other transactions with the director

11 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | - | 9,555
Other borrowings | 3,697 | 21,066
| 3,697 | 30,621

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 9,555 | 10,227
Bank overdrafts | 15,011 | 3,754
Other borrowings | 17,369 | 17,369
| 41,935 | 31,350

Bank borrowings

Bounce back loan scheme is denominated in sterling with a nominal interest rate of 2.5%, and the final instalment is due on 31 July 2026. The carrying amount at year end is £9,555 (2024 - £19,782). The facility is fully guaranteed by the UK Government under the Bounce Back Loan Scheme (BBLS) managed by the British Business Bank.

Other borrowings

Hire Purchase contract is denominated in sterling and the final instalment is due on 15 October 2026. The carrying amount at year end is £21,066 (2024 - £38,435).