REGISTERED NUMBER: 05180788 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

FIXINGS PLUS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs L Fisher

S E J Whitehouse

REGISTERED OFFICE:

1110 Elliott Court

Coventry Business Park

Herald Avenue

Coventry

West Midlands

CV5 6UB

REGISTERED NUMBER:

05180788 (England and Wales)

AUDITORS:

Luckmans Duckett Parker Limited

Chartered Accountants

Statutory Auditors

1110 Elliott Court

Herald Avenue

Coventry Business Park

Coventry

West Midlands

CV5 6UB

FIXED ASSETS

Tangible assets

4

92,245

49,298

CURRENT ASSETS

Stocks

244,566

252,116

Debtors

5

1,511,053

1,598,000

Cash at bank

641,546

549,672

2,397,165

2,399,788

CREDITORS

Amounts falling due within one year

6

319,609

390,827

NET CURRENT ASSETS

2,077,556

2,008,961

TOTAL ASSETS LESS CURRENT LIABILITIES

2,169,801

2,058,259

PROVISIONS FOR LIABILITIES

7

22,520

11,100

NET ASSETS

2,147,281

2,047,159

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

2,147,181

2,047,059

SHAREHOLDERS' FUNDS

2,147,281

2,047,159

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 22 May 2026 and were signed on its behalf by:

S E J Whitehouse - Director

1.	STATUTORY INFORMATION

Fixings Plus Ltd 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.

Tangible fixed assets

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

Stocks

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

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 September 2024

18,362

52,160

100,645

1,058

172,225

Additions

-

-

75,646

-

75,646

Disposals

-

-

(18,700

)

-

(18,700

)

At 31 August 2025

18,362

52,160

157,591

1,058

229,171

DEPRECIATION

At 1 September 2024

18,362

41,117

63,051

397

122,927

Charge for year

-

3,027

25,992

263

29,282

Eliminated on disposal

-

-

(15,283

)

-

(15,283

)

At 31 August 2025

18,362

44,144

73,760

660

136,926

NET BOOK VALUE

At 31 August 2025

-

8,016

83,831

398

92,245

At 31 August 2024

-

11,043

37,594

661

49,298

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

506,322

594,775

Amounts owed by group undertakings

941,520

946,300

Tax

7,543

8,080

Prepayments

55,668

48,845

1,511,053

1,598,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade creditors

221,062

288,599

Amounts owed to group undertakings

25,803

24,283

Social security and other taxes

7,822

8,657

VAT

51,531

54,554

Other creditors

2,163

4,899

Accruals and deferred income

11,228

9,835

319,609

390,827

7.	PROVISIONS FOR LIABILITIES

31.8.25

31.8.24

£

£

Deferred tax

Accelerated capital allowances

23,061

12,325

Other timing differences

(541

)

(1,225

)

22,520

11,100

Deferred

tax

£

Balance at 1 September 2024

11,100

Charge to Income Statement during year

11,420

Balance at 31 August 2025

22,520

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

£

100

Ordinary

£1

100

100

9.

RESERVES

Retained

earnings

£

At 1 September 2024

2,047,059

Profit for the year

100,122

At 31 August 2025

2,147,181

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was qualified on the following basis:

Basis for qualified opinion

We were not appointed as auditor of the company until after 31 August 2023 and thus did not observe the counting of physical inventories at the end of of the year ended 31 August 2023. We were unable to satisfy ourselves by alternative means concerning the inventory quantities held at 31 August 2023, which are included in the balance sheet at £246,010, by using other audit procedures. Consequently we were unable to determine whether any adjustment to this amount was necessary.

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our qualified opinion.

Mark Spafford FCCA ACA (Senior Statutory Auditor)

for and on behalf of Luckmans Duckett Parker Limited

11.	PENSION COMMITMENTS

Included in other creditors is £2,163 (2024 - £4,899) of outstanding pension contributions.

12.	PARENT UNDERTAKING

The company is a wholly owned subsidiary of Stulou Limited, a company registered in England and Wales.