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Registered number: 07464027
Alum8 Specialist Welding Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
AJI Accounting Solutions Ltd
Accsol House
High Street, Johnstown
Wrexham
LL14 2SH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 07464027
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 22,926 25,133
Tangible Assets 5 78,424 75,906
Investments 6 600,000 500,000
701,350 601,039
CURRENT ASSETS
Debtors 7 42,046 3,752
Cash at bank and in hand 237,610 416,368
279,656 420,120
Creditors: Amounts Falling Due Within One Year 8 (80,722 ) (163,076 )
NET CURRENT ASSETS (LIABILITIES) 198,934 257,044
TOTAL ASSETS LESS CURRENT LIABILITIES 900,284 858,083
NET ASSETS 900,284 858,083
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 900,282 858,081
SHAREHOLDERS' FUNDS 900,284 858,083
Page 1
Page 2
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Peter Owens
Director
30/04/2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Alum8 Specialist Welding Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07464027 . The registered office is AccSol House, High Street, Johnstown, Wrexham, LL14 2SH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery Depreciation at 15% Reducing Balance
Motor Vehicles Depreciation at 25% Reducing Balance
Computer Equipment Depreciation at 15% Reducing Balance
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2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 14 (2024: 13)
14 13
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2025 58,000
As at 31 December 2025 58,000
Amortisation
As at 1 January 2025 32,867
Provided during the period 2,207
As at 31 December 2025 35,074
Net Book Value
As at 31 December 2025 22,926
As at 1 January 2025 25,133
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5. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2025 85,213 105,131 10,900 201,244
Additions 3,495 21,995 - 25,490
Disposals - - (5,986 ) (5,986 )
As at 31 December 2025 88,708 127,126 4,914 220,748
Depreciation
As at 1 January 2025 60,410 57,164 7,764 125,338
Provided during the period 4,245 17,491 259 21,995
Disposals - - (5,009 ) (5,009 )
As at 31 December 2025 64,655 74,655 3,014 142,324
Net Book Value
As at 31 December 2025 24,053 52,471 1,900 78,424
As at 1 January 2025 24,803 47,967 3,136 75,906
6. Investments
Other
£
Cost or Valuation
As at 1 January 2025 500,000
Additions 100,000
As at 31 December 2025 600,000
Provision
As at 1 January 2025 -
As at 31 December 2025 -
Net Book Value
As at 31 December 2025 600,000
As at 1 January 2025 500,000
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7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 42,046 3,752
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 5,612 4,782
Corporation tax 46,290 119,091
Other taxes and social security 5,298 6,413
VAT 23,522 32,790
80,722 163,076
Page 6