REGISTERED NUMBER: 04218505 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 March 2025

for

ELITE FABRICATION (MIDLANDS) LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

B Godfrey

SECRETARY:

B Godfrey

REGISTERED OFFICE:

573 Chester Road

Sutton Coldfield

West Midlands

B73 5HU

REGISTERED NUMBER:

04218505 (England and Wales)

ACCOUNTANTS:

A K Papadamou & Co

Accountants & Tax Advisors

573 Chester Road

Sutton Coldfield

West Midlands

B73 5HU

BANKERS:

Barclays Bank PLC

238 High Street

Erdington

Birmingham

B23 6XT

FIXED ASSETS

Tangible assets

4

7,244

8,755

CURRENT ASSETS

Stocks

2,663

2,617

Debtors

5

296,449

164,780

Cash at bank and in hand

30,112

216,009

329,224

383,406

CREDITORS

Amounts falling due within one year

6

104,872

128,556

NET CURRENT ASSETS

224,352

254,850

TOTAL ASSETS LESS CURRENT LIABILITIES

231,596

263,605

CREDITORS

Amounts falling due after more than one year

7

6,660

14,660

NET ASSETS

224,936

248,945

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

224,933

248,942

SHAREHOLDERS' FUNDS

224,936

248,945

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 22 April 2026 and were signed by:

B Godfrey - Director

1.	STATUTORY INFORMATION

Elite Fabrication (Midlands) 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 represents net invoiced sales of goods & services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 7 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 31 March 2024

54,425

9,947

45,650

25,475

135,497

Additions

300

-

-

-

300

At 30 March 2025

54,725

9,947

45,650

25,475

135,797

DEPRECIATION

At 31 March 2024

50,873

8,843

44,588

22,438

126,742

Charge for year

771

221

212

607

1,811

At 30 March 2025

51,644

9,064

44,800

23,045

128,553

NET BOOK VALUE

At 30 March 2025

3,081

883

850

2,430

7,244

At 30 March 2024

3,552

1,104

1,062

3,037

8,755

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

89,060

12

Other debtors

207,389

164,768

296,449

164,780

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

330

-

Taxation and social security

82,502

123,780

Other creditors

22,040

4,776

104,872

128,556

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

6,660

14,660