Company registration number 11542827 (England and Wales)
FIXTOP ENGINEERING LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
PAGES FOR FILING WITH REGISTRAR
FIXTOP ENGINEERING LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
FIXTOP ENGINEERING LIMITED
BALANCE SHEET
AS AT 31 MARCH 2026
31 March 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
4
288,810
259,488
Current assets
Stocks
28,750
8,250
Debtors
5
569,234
327,381
Cash at bank and in hand
147,547
144,862
745,531
480,493
Creditors: amounts falling due within one year
6
(235,823)
(150,685)
Net current assets
509,708
329,808
Total assets less current liabilities
798,518
589,296
Provisions for liabilities
(18,935)
(10,503)
Net assets
779,583
578,793
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
779,483
578,693
Total equity
779,583
578,793

For the financial year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 15 May 2026
Mr K Neatby
Director
Company registration number 11542827 (England and Wales)
FIXTOP ENGINEERING LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 2 -
1
Accounting policies
Company information

Fixtop Engineering Limited is a private company limited by shares incorporated in England and Wales. The registered office is 12 Manvers House, Pioneer Close, Wath Upon Dearne, Rotherham, South Yorkshire, S63 7JZ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
50 years
Plant and equipment
10% reducing balance
Fixtures and fittings
20% reducing balance
Motor vehicles
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.5
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

FIXTOP ENGINEERING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 3 -
1.6
Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.8
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.9
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.10
Leases

Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight line basis over the lease term.

FIXTOP ENGINEERING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 4 -
2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
5
5
4
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 April 2025
220,040
80,097
300,137
Additions
-
0
45,000
45,000
At 31 March 2026
220,040
125,097
345,137
Depreciation and impairment
At 1 April 2025
2,567
38,082
40,649
Depreciation charged in the year
4,401
11,277
15,678
At 31 March 2026
6,968
49,359
56,327
Carrying amount
At 31 March 2026
213,072
75,738
288,810
At 31 March 2025
217,473
42,015
259,488
5
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
567,109
322,105
Other debtors
2,125
5,276
569,234
327,381
FIXTOP ENGINEERING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 5 -
6
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
20,665
17,527
Corporation tax
79,233
19,435
Other taxation and social security
72,620
49,330
Other creditors
63,305
64,393
235,823
150,685
7
Operating lease commitments
As lessor - operating leases

The operating leases represent leases of property. The leases are negotiated over terms of one year and rentals are fixed for one year. There are no options in place for either party to extend the lease terms.

2026-03-31 2025-04-01 false false false 15 May 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr Kevin Neatby 11542827 2025-04-01 2026-03-31 11542827 2026-03-31 11542827 2025-03-31 11542827 core:LandBuildings 2026-03-31 11542827 core:OtherPropertyPlantEquipment 2026-03-31 11542827 core:LandBuildings 2025-03-31 11542827 core:OtherPropertyPlantEquipment 2025-03-31 11542827 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-31 11542827 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 11542827 core:CurrentFinancialInstruments 2026-03-31 11542827 core:CurrentFinancialInstruments 2025-03-31 11542827 core:ShareCapital 2026-03-31 11542827 core:ShareCapital 2025-03-31 11542827 core:RetainedEarningsAccumulatedLosses 2026-03-31 11542827 core:RetainedEarningsAccumulatedLosses 2025-03-31 11542827 bus:Director1 2025-04-01 2026-03-31 11542827 core:LandBuildings core:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 11542827 core:PlantMachinery 2025-04-01 2026-03-31 11542827 core:FurnitureFittings 2025-04-01 2026-03-31 11542827 core:MotorVehicles 2025-04-01 2026-03-31 11542827 2024-04-01 2025-03-31 11542827 core:LandBuildings 2025-03-31 11542827 core:OtherPropertyPlantEquipment 2025-03-31 11542827 2025-03-31 11542827 core:LandBuildings 2025-04-01 2026-03-31 11542827 core:OtherPropertyPlantEquipment 2025-04-01 2026-03-31 11542827 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 11542827 bus:FRS102 2025-04-01 2026-03-31 11542827 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 11542827 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 11542827 bus:FullAccounts 2025-04-01 2026-03-31 xbrli:pure xbrli:shares iso4217:GBP