COMPANY REGISTRATION NUMBER:
04486307
|
Filleted Unaudited Abridged Financial Statements |
|
|
Abridged Statement of Financial Position |
|
30 September 2025
Fixed assets
|
Tangible assets |
5 |
1,366,582 |
1,471,779 |
|
|
|
|
Current assets
|
Stocks |
1,260 |
1,375 |
|
Debtors |
321,226 |
307,150 |
|
Cash at bank and in hand |
500 |
47,302 |
|
--------- |
--------- |
|
322,986 |
355,827 |
|
|
|
|
Creditors: amounts falling due within one year |
581,002 |
547,978 |
|
--------- |
--------- |
|
Net current liabilities |
258,016 |
192,151 |
|
------------ |
------------ |
|
Total assets less current liabilities |
1,108,566 |
1,279,628 |
|
|
|
|
Creditors: amounts falling due after more than one year |
180,016 |
402,506 |
|
|
|
|
Provisions |
104,477 |
120,002 |
|
------------ |
------------ |
|
Net assets |
824,073 |
757,120 |
|
------------ |
------------ |
|
|
|
Capital and reserves
|
Called up share capital |
55 |
55 |
|
Share premium account |
45 |
45 |
|
Profit and loss account |
823,973 |
757,020 |
|
--------- |
--------- |
|
Shareholders funds |
824,073 |
757,120 |
|
--------- |
--------- |
|
|
|
These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
.
All of the members have consented to the preparation of the abridged statement of financial position for the year ending 30 September 2025 in accordance with Section 444(2A) of the Companies Act 2006.
|
Abridged Statement of Financial Position (continued) |
|
30 September 2025
These abridged financial statements were approved by the
board of directors
and authorised for issue on
11 March 2026
, and are signed on behalf of the board by:
Company registration number:
04486307
|
Notes to the Abridged Financial Statements |
|
Year ended 30 September 2025
1.
General information
The company is a private company limited by shares, registered in England and Wales.
The address of the registered office is Latherford Close,
Four Ashes,
Wolverhampton, WV10 7DY.
2.
Statement of compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The abridged financial statements are prepared in sterling, which is the functional currency of the entity.
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful life.
Plant & machinery-15% reducing balance
Motor vehicles-20% reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
26
(2024:
29
).
5.
Tangible assets
|
£ |
|
Cost |
|
|
At 1 October 2024 |
2,728,061 |
|
Additions |
85,750 |
|
Disposals |
(
126,615) |
|
------------ |
|
At 30 September 2025 |
2,687,196 |
|
------------ |
|
Depreciation |
|
|
At 1 October 2024 |
1,256,282 |
|
Charge for the year |
155,324 |
|
Disposals |
(
90,992) |
|
------------ |
|
At 30 September 2025 |
1,320,614 |
|
------------ |
|
Carrying amount |
|
|
At 30 September 2025 |
1,366,582 |
|
------------ |
|
At 30 September 2024 |
1,471,779 |
|
------------ |
|
|