REGISTERED NUMBER: 04083080 (England and Wales)

FBM ENTERPRISES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Floyd

S Floyd

REGISTERED OFFICE:

2 Lakeview Stables

Lower St Clere

Kemsing

Sevenoaks

Kent

TN15 6NL

REGISTERED NUMBER:

04083080 (England and Wales)

ACCOUNTANTS:

Lakeview Southern Limited

Chartered Accountants

2 Lakeview Stables

Lower St. Clere

Kemsing

Sevenoaks

Kent

TN15 6NL

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,529,163

1,586,982

1,529,163

1,586,982

CURRENT ASSETS

Stocks

411,573

352,444

Debtors

6

536,163

533,113

Cash at bank and in hand

765,855

843,266

1,713,591

1,728,823

CREDITORS

Amounts falling due within one year

7

1,437,908

1,400,378

NET CURRENT ASSETS

275,683

328,445

TOTAL ASSETS LESS CURRENT LIABILITIES

1,804,846

1,915,427

CREDITORS

Amounts falling due after more than one year

8

(994,806

)

(1,214,908

)

PROVISIONS FOR LIABILITIES

(106,561

)

(101,170

)

NET ASSETS

703,479

599,349

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

703,379

599,249

SHAREHOLDERS' FUNDS

703,479

599,349

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 April 2026 and were signed on its behalf by:

S Floyd - Director

1.	STATUTORY INFORMATION

FBM Enterprises 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents net invoiced sales of building materials, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2000, is being amortised evenly over its estimated useful life of twenty 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.

Long leasehold

-

5% on cost

Improvements to property

-

in accordance with the property

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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 year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 year 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

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.

Hire purchase and leasing commitments

Where assets are financed by leasing agreements the assets are included in the company's balance sheet at cost less depreciation in accordance with the company's normal accounting policies. The present value of future rentals is shown as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease in proportion to the balance of capital payments outstanding.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 15 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2024

and 31 October 2025

9,600

AMORTISATION

At 1 November 2024

and 31 October 2025

9,600

NET BOOK VALUE

At 31 October 2025

-

At 31 October 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Long

to

Plant and

Motor

leasehold

property

machinery

vehicles

Totals

£

£

£

£

£

COST

At 1 November 2024

245,314

1,279,786

628,270

713,324

2,866,694

Additions

-

-

17,106

159,411

176,517

At 31 October 2025

245,314

1,279,786

645,376

872,735

3,043,211

DEPRECIATION

At 1 November 2024

49,064

344,861

382,789

502,998

1,279,712

Charge for year

12,266

63,989

65,647

92,434

234,336

At 31 October 2025

61,330

408,850

448,436

595,432

1,514,048

NET BOOK VALUE

At 31 October 2025

183,984

870,936

196,940

277,303

1,529,163

At 31 October 2024

196,250

934,925

245,481

210,326

1,586,982

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

498,530

462,254

Other debtors

3,748

-

Prepayments

33,885

70,859

536,163

533,113

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts

8,333

8,333

Hire purchase contracts

11,102

33,668

Trade creditors

1,204,838

1,067,502

Tax

50,005

107,806

Social security and other taxes

8,657

16,789

Other creditors

2,193

1,463

Directors' current accounts

147,425

159,616

Accruals and deferred income

5,355

5,201

1,437,908

1,400,378

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans - 1-2 years

-

5,000

Bank loans - 2-5 years

-

5,000

Hire purchase contracts

-

11,102

Other creditors

994,806

1,193,806

994,806

1,214,908

9.	RELATED PARTY DISCLOSURES

At the year end the company owed a Director £1,142,231 of which £994,806 is due after more than over year. (2024: £1,353,424).

10.	CONTROL OF THE COMPANY

The company is under the control of one of the directors.