Andover Fabrications Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04882701

Andover Fabrications Limited

Filleted Unaudited Financial Statements

31 December 2025

Andover Fabrications Limited

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		282,363	148,182

Current assets

Stocks		300	300
Debtors	6	31,467	65,494
Cash at bank and in hand		211,020	247,654
		---------	---------
		242,787	313,448

Creditors: amounts falling due within one year	7	141,490		137,379
		---------		---------
Net current assets			101,297	176,069
			---------	---------
Total assets less current liabilities			383,660	324,251

Creditors: amounts falling due after more than one year	8		56,162	78,717

Provisions

Taxation including deferred tax	39,258	4,858
	---------	---------
Net assets	288,240	240,676
	---------	---------

Capital and reserves

Called up share capital	100	100
Revaluation reserve	108,444	–
Profit and loss account	179,696	240,576
	---------	---------
Shareholders funds	288,240	240,676
	---------	---------

These 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 income statement has not been delivered.

For the year ending 31 December 2025 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Andover Fabrications Limited

Statement of Financial Position (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 2 July 2026 , and are signed on behalf of the board by:

J Patel
Director

Company registration number: 04882701

Andover Fabrications Limited

Notes to the Financial Statements

Year ended 31 December 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 The Old Mill, 9 Soar Lane, Leicester, LE3 5DE.

2. Statement of compliance

These 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 financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities measured at fair value through profit or loss.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied, stated net of discounts and of Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold Property	-	4% straight line
Plant & machinery	-	15% straight line
Fixtures & fittings	-	33% or 15% Straight line
Motor Vehicles	-	25% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 7 (2024: 7 ).

5. Tangible assets

	Land and buildings	Plant and machinery	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£	£
Cost or valuation
At 1 January 2025	259,995	102,841	8,215	33,960	405,011
Disposals	–	–	( 2,612)	–	( 2,612)
Revaluations	5	–	–	–	5
	---------	---------	-------	--------	---------
At 31 December 2025	260,000	102,841	5,603	33,960	402,404
	---------	---------	-------	--------	---------
Depreciation
At 1 January 2025	144,587	85,653	5,974	20,615	256,829
Charge for the year	–	4,108	99	4,448	8,655
Disposals	–	–	( 856)	–	( 856)
Revaluations	( 144,587)	–	–	–	( 144,587)
	---------	---------	-------	--------	---------
At 31 December 2025	–	89,761	5,217	25,063	120,041
	---------	---------	-------	--------	---------
Carrying amount
At 31 December 2025	260,000	13,080	386	8,897	282,363
	---------	---------	-------	--------	---------
At 31 December 2024	115,408	17,188	2,241	13,345	148,182
	---------	---------	-------	--------	---------

The property has been revalued by the directors at the year end. The director's consider that the property is disclosed at the fair value.

6. Debtors

	2025	2024
	£	£
Trade debtors	19,687	60,538
Other debtors	11,780	4,956
	--------	--------
	31,467	65,494
	--------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	22,122	27,752
Trade creditors	28,094	21,004
Corporation tax	1,542	8,850
Social security and other taxes	21,895	17,081
Other creditors	67,837	62,692
	---------	---------
	141,490	137,379
	---------	---------

Included within creditors payable within 1 year are secured liabilities of £22,122 (2024: £27,752) related to bank loans.

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	56,162	78,717
	--------	--------

Included within creditors: amounts falling due after more than one year is an amount of £17,761 (2024: £26,594) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date.

Included within creditors payable after 1 year are secured liabilities of £56,161 (2024: £78,717) related to bank loans.

9. Directors' advances, credits and guarantees

At the balance sheet date the directors were owed £59,523 (2024: £50,399) by the company.