Fabricast Group Limited

	Page
Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—7

1. General Information

Fabricast Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01997780 . The registered office is Serco Works, Cannon Street, Hull, East Yorkshire, HU2 0AB.

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.

Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

The directors, having taken into the factors discussed above as well as the uncertainties of the current economic environment, have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

2.2. Significant judgements and estimations

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Although these estimates are based on the Directors’ best knowledge of the amount, events or actions, actual results ultimately differ from these estimates. The Directors do not consider there to be any material estimates and judgements.

2.3. Turnover

Turnover is the amount derived from ordinary activities, measured at the fair value of the consideration received or receivable. Turnover excludes value added tax and trade discounts.

Turnover from the sale of goods is recognised at the point of sale.

Turnover from services is recognised on completion of service, or when those services span the year end date, by reference to the stage of completion at the balance sheet date.

All sales are recognised at the point which the company has fulfilled its contractual obligations and the risks and rewards attached to the product, have been transferred to the customer.

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	25% on cost and 20% on cost
Motor Vehicles	25% on cost
Fixtures & Fittings	25% on cost

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

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Fabricast Group Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 December 2025

2.6. Stocks and Work in Progress

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell, after making, due allowance for obsolete and slow moving items. 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. Stock is

calculated on the first in first out basis.

In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacture/completion.

2.7. Financial Instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments, including trade and other debtors and creditors are initially recognised at transaction value and subsequently measured at their settlement value.

2.8. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.9. 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 years 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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.10. Preparation of Consolidated Financial Statements

The financial statements contain information about Fabricast Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 14 (2024: 14)

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Fabricast Group Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 December 2025

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£	£
Cost
As at 1 January 2025	251,900	255,598	174,504	127,922	809,924
Additions	-	1,000	-	544	1,544

As at 31 December 2025	251,900	256,598	174,504	128,466	811,468

Depreciation
As at 1 January 2025	-	191,131	137,813	125,097	454,041
Provided during the period	-	18,027	16,362	1,615	36,004

As at 31 December 2025	-	209,158	154,175	126,712	490,045

Net Book Value
As at 31 December 2025	251,900	47,440	20,329	1,754	321,423

As at 1 January 2025	251,900	64,467	36,691	2,825	355,883

5. Investments

	Unlisted
	£
Cost or Valuation
As at 1 January 2025	-
Transfers	1,599

As at 31 December 2025	1,599

Provision
As at 1 January 2025	-

As at 31 December 2025	-

Net Book Value
As at 31 December 2025	1,599

As at 1 January 2025	-

6. Stocks

	2025	2024
	£	£
Stock	307,995	300,000

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Fabricast Group Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 December 2025

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	661,108	862,501
Amounts owed by group undertakings	1,978,482	1,977,852
Other debtors	21,426	17,284

	2,661,016	2,857,637

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	8,095	15,654
Trade creditors	610,618	685,665
Bank loans and overdrafts	636,259	741,797
Amounts owed to group undertakings	341,348	341,838
Other creditors	14,123	6,428
Taxation and social security	133,289	62,654

	1,743,732	1,854,036

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	10,119	18,214
Bank loans	99,782	122,137

	109,901	140,351

10. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	8,888	17,830
Later than one year and not later than five years	11,110	19,998

	19,998	37,828
Less: Finance charges allocated to future periods	1,784	3,960

	18,214	33,868

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,108	1,108

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Fabricast Group Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 December 2025

12. Related Party Transactions

Fabricast Plastic Supplies Ltd

Company in which Fabricast Group Limited owns 100% of the shares

As at the period end, Fabricast Group Limited owed £600 (2024: £600) by way of an intercompany loan.

Fabricast Multi Metals Ltd

Company in which Fabricast Group Limited owns 100% of the shares

As at the period end, Fabricast Group Limited owed £999 (2024: £999) by way of an intercompany loan.

W&H Holdings Limited

Ultimate Parent Company

As at the period end, Fabricast Group Limited was owed £1,978,482 (2024: £1,977,852) by way of an intercompany loan.

CKM Group Limited

Parent Company

As at the period end, Fabricast Group Limited owed £339,749 (2024: £340,239) by way of an intercompany loan.

13. Ultimate Parent Undertaking and Controlling Party

The immediate undertaking of Fabricast Group Limited is by CKM Group Limited and the ultimate parent undertaking is W&H Holdings Limited. The registered offices for both of these companies is at Fabricast, Main Street, Hull, HU2 0LF. The ultimate parent company has taken the option under Section 399 (2a) of the Companies Act 2006 not to prepare consolidated financial statements.

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		321,423		355,883
Investments	5		1,599		-

			323,022		355,883
CURRENT ASSETS
Stocks	6	307,995		300,000
Debtors	7	2,661,016		2,857,637
Cash at bank and in hand		89,580		10,509

		3,058,591		3,168,146
Creditors: Amounts Falling Due Within One Year	8	(1,743,732 )		(1,854,036 )

NET CURRENT ASSETS (LIABILITIES)			1,314,859		1,314,110

TOTAL ASSETS LESS CURRENT LIABILITIES			1,637,881		1,669,993

Creditors: Amounts Falling Due After More Than One Year	9		(109,901 )		(140,351 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(17,380 )		(25,995 )

NET ASSETS			1,510,600		1,503,647

CAPITAL AND RESERVES
Called up share capital	11		1,108		1,108
Share premium account			186,442		186,442
Profit and Loss Account			1,323,050		1,316,097

SHAREHOLDERS' FUNDS			1,510,600		1,503,647

Mrs S Whitworth Director	Mr E R Whitworth Director
19/06/2026