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Registration number: 11191941

Albany Fabrications Ltd
Unaudited Financial Statements
for the Year Ended 28 February 2026

Albany Fabrications Ltd

Contents

Balance Sheet | 1
Notes to the Unaudited Financial Statements | 2 to 5

Albany Fabrications Ltd

(Registration number: 11191941)
Balance Sheet as at 28 February 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 4 | 20,825 | 25,820
Current assets |  |  |
Stocks | 5 | 2,056 | 2,000
Debtors | 6 | 132,595 | 65,240
Cash at bank and in hand |  | 92,748 | 115,783
|  | 227,399 | 183,023
Creditors: Amounts falling due within one year | 7 | (103,323) | (99,921)
Net current assets |  | 124,076 | 83,102
Total assets less current liabilities |  | 144,901 | 108,922
Provisions for liabilities |  | (5,190) | (6,238)
Net assets |  | 139,711 | 102,684
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | 139,611 | 102,584
Shareholders' funds |  | 139,711 | 102,684

For the financial year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 27 June 2026 and signed on its behalf by:

......................................... Mr T Allen Director

Albany Fabrications Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 9
Albany Court
Airfield Industrial Estate
Ashbourne
Derbyshire
DE6 1HA
UK

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Judgements

In the application of the company's accounting policies, the directors are 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 revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Albany Fabrications Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets less residual value, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and machinery | 25% Reducing balance
Vehicles | 25% Reducing balance
Furniture, fittings and equipment | 33% Straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2025 - 6).

Albany Fabrications Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

4 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Plant and machinery | Total £
Cost or valuation
At 1 March 2025 | 2,154 | 9,491 | 45,829 | 57,474
Additions | 729 | - | 1,305 | 2,034
At 28 February 2026 | 2,883 | 9,491 | 47,134 | 59,508
Depreciation
At 1 March 2025 | 765 | 4,152 | 26,737 | 31,654
Charge for the year | 876 | 1,335 | 4,818 | 7,029
At 28 February 2026 | 1,641 | 5,487 | 31,555 | 38,683
Carrying amount
At 28 February 2026 | 1,242 | 4,004 | 15,579 | 20,825
At 28 February 2025 | 1,389 | 5,339 | 19,092 | 25,820

5 | Stocks

| 2026 £ | 2025 £
Stock | 2,056 | 2,000

6 | Debtors

Current | 2026 £ | 2025 £
Trade debtors | 129,836 | 62,534
Other debtors | 2,759 | 2,706
| 132,595 | 65,240

Albany Fabrications Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026

7 | Creditors

Creditors: amounts falling due within one year

| 2026 £ | 2025 £
Due within one year |  |
Taxation and social security | 41,474 | 28,826
Other creditors | 61,849 | 71,095
| 103,323 | 99,921

8 | Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £195 (2025 - £195).