REGISTERED NUMBER: 07162726 (England and Wales)

Unaudited Financial Statements

for the Period 1 April 2024 to 31 August 2025

for

Demand Fabrications Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J R Barnes

Mr J S Dodd

Mr W Jackson

REGISTERED OFFICE:

Marland House

13 Huddersfield Road

Barnsley

South Yorkshire

S70 2LW

REGISTERED NUMBER:

07162726 (England and Wales)

ACCOUNTANTS:

Harris & Co Limited

Chartered Accountants

Marland House

13 Huddersfield Road

Barnsley

South Yorkshire

S70 2LW

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

284,398

111,796

284,398

111,796

CURRENT ASSETS

Stocks

545,537

258,549

Debtors

7

504,035

399,590

Cash at bank and in hand

150,945

64,437

1,200,517

722,576

CREDITORS

Amounts falling due within one year

8

(1,227,520

)

(565,078

)

NET CURRENT (LIABILITIES)/ASSETS

(27,003

)

157,498

TOTAL ASSETS LESS CURRENT LIABILITIES

257,395

269,294

CREDITORS

Amounts falling due after more than one year

9

(11,081

)

(25,424

)

PROVISIONS FOR LIABILITIES

(7,966

)

(16,859

)

NET ASSETS

238,348

227,011

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

238,248

226,911

SHAREHOLDERS' FUNDS

238,348

227,011

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2025.

The members have not required the Company to obtain an audit of its financial statements for the period ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 March 2026 and were signed on its behalf by:

Mr W Jackson - Director

1.	STATUTORY INFORMATION

The presentation and functional currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in compliance with FRS 102, 'The Financial Standard Applicable in the UK and the Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared on a going concern basis under the historical cost convention.

Significant judgements and estimates

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

Turnover

Turnover represents amounts earned on goods and services supplied during the year, and in the case of long-term contracts, comprises the value of work executed during the year.

Amounts recoverable on long term contracts, which are included in debtors, are stated at the net sales value of the work done after provisions for contingencies and anticipated future losses on contracts, less amounts received as progress payments on account. Excess progress payments are included in creditors as payments received on account.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

All fixed assets are initially recorded at cost.

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 21 (2024 - 23 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 August 2025

2,001

AMORTISATION

At 1 April 2024

and 31 August 2025

2,001

NET BOOK VALUE

At 31 August 2025

-

At 31 March 2024

-

6.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

24,387

286,708

311,095

Additions

-

223,448

223,448

Disposals

-

(11,000

)

(11,000

)

At 31 August 2025

24,387

499,156

523,543

DEPRECIATION

At 1 April 2024

2,438

196,861

199,299

Charge for period

3,454

46,475

49,929

Eliminated on disposal

-

(10,083

)

(10,083

)

At 31 August 2025

5,892

233,253

239,145

NET BOOK VALUE

At 31 August 2025

18,495

265,903

284,398

At 31 March 2024

21,949

89,847

111,796

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

490,323

332,790

Other debtors

13,712

66,800

504,035

399,590

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 10)

10,438

10,438

Trade creditors

256,875

313,588

Taxation and social security

102,055

875

Other creditors

858,152

240,177

1,227,520

565,078

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 10)

11,081

25,424

10.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

10,438

10,438

Between one and five years

11,081

25,424

21,519

35,862

Non-cancellable

operating leases

2025

2024

£

£

Within one year

143,415

13,794

Between one and five years

529,946

7,673

In more than five years

660,833

-

1,334,194

21,467

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

40

Ordinary "A"

£1

40

49

30

Ordinary "B"

£1

30

49

30

Ordinary "C"

£1

30

2

100

100

12.	RELATED PARTY DISCLOSURES

Included within other creditors are interest free loans owed to other connected entities totalling £830,863.