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Registration number: 07548623

Fabrique Ltd
Filleted Financial Statements
for the Year Ended 31 December 2025

Fabrique Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Financial Statements | 3 to 9

Fabrique Ltd

Company Information

Directors | A C Zetterström G A J Goodwille D R Zetterström

Company secretary | Goodwille Limited

Registered office | 1 Chapel Street Warwick Warwickshire United Kingdom CV34 4HL

Auditors | Bourner Bullock Chartered Accountants 114 St Martin's Lane Covent Garden London WC2N 4BE

Fabrique Ltd

(Registration number: 07548623)
Balance Sheet as at 31 December 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 6 | 76,817 | 110,233
Current assets |  |  |
Stocks | 7 | 24,277 | 19,143
Debtors | 8 | 942,099 | 780,245
Cash at bank and in hand |  | 193,219 | 100,652
|  | 1,159,595 | 900,040
Creditors: Amounts falling due within one year | 10 | (275,388) | (241,369)
Net current assets |  | 884,207 | 658,671
Total assets less current liabilities |  | 961,024 | 768,904
Provisions for liabilities |  | (18,822) | -
Net assets |  | 942,202 | 768,904
Capital and reserves |  |  |
Called up share capital | 9 | 100 | 100
Retained earnings |  | 942,102 | 768,804
Shareholders' funds |  | 942,202 | 768,904

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 8 April 2026 and signed on its behalf by:

.........................................

D R Zetterström
Director

Fabrique Ltd

Notes to the Financial Statements for the Year Ended 31 December 2025

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:
1 Chapel Street
Warwick
Warwickshire
CV34 4HL
United Kingdom

Principal activity

The principal activity of the Company is running bakeries that specialise in Swedish-style breads and pastries.

These financial statements were authorised for issue by the Board on 8 April 2026.

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.

Going concern

The company made a profit in the year and has net current assets. Support is available from the group should it be required. The accounts have been prepared on a going concern basis.

Turnover recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the Company’s activities. Turnover is shown net of 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.

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.

Fabrique Ltd

Notes to the Financial Statements for the Year Ended 31 December 2025

The current income 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 income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the Company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

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, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Leasehold improvements | 25% straight line
Fixtures and fittings | 25% straight line

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans to related parties and investments in non-puttable ordinary shares.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.

Fabrique Ltd

Notes to the Financial Statements for the Year Ended 31 December 2025

Debtors

Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.
Trade debtors are amounts due from customers for merchandise sold in the ordinary course of business.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Creditors

Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Fabrique Ltd

Notes to the Financial Statements for the Year Ended 31 December 2025

3 | Significant judgements and key sources of estimation uncertainty

Judgements

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the Directors' opinion there are no significant judgements or key sources of estimation uncertainty.

4 | Summary audit opinion

Audit report

The Independent Auditor's Report was unqualified.

The name of the Senior Statutory Auditor who signed the audit report on 8 April 2026 was David Wheeler, who signed for and on behalf of Bourner Bullock.

5 | Staff numbers

The average number of persons employed by the Company (including directors) during the year, was 44 (2024 - 53).

6 | Tangible assets

| Land and buildings £ | Plant and machinery £ | Total £
Cost or valuation
At 1 January 2025 | 288,635 | 253,785 | 542,420
Additions | 7,217 | - | 7,217
Disposals | - | (199,971) | (199,971)
At 31 December 2025 | 295,852 | 53,814 | 349,666
Depreciation
At 1 January 2025 | 185,126 | 247,061 | 432,187
Charge for the year | 36,361 | 3,297 | 39,658
Eliminated on disposal | - | (198,996) | (198,996)
At 31 December 2025 | 221,487 | 51,362 | 272,849
Carrying amount
At 31 December 2025 | 74,365 | 2,452 | 76,817
At 31 December 2024 | 103,510 | 6,723 | 110,233

Fabrique Ltd

Notes to the Financial Statements for the Year Ended 31 December 2025

7 | Stocks

| 2025 £ | 2024 £
Other inventories | 24,277 | 19,143

8 | Debtors

Current | Note | 2025 £ | 2024 £
Trade debtors |  | 53,341 | 31,988
Amounts owed by related parties |  | 574,252 | 448,561
Prepayments |  | 98,197 | 60,137
Other debtors |  | 216,309 | 239,559
|  | 942,099 | 780,245

9 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 100 | 100 | 100 | 100

Fabrique Ltd

Notes to the Financial Statements for the Year Ended 31 December 2025

10 | Creditors

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Trade creditors |  | 41,449 | 79,646
Amounts owed to Group undertakings and undertakings in which the Company has a participating interest |  | 23,912 | 32,298
Taxation and social security |  | 40,138 | 29,297
Other creditors |  | 169,889 | 100,128
|  | 275,388 | 241,369

11 | Dividends

|  | 2025 |  | 2024
|  | £ |  | £
Final dividend of £Nil (2024 - £Nil) per ordinary share |  | - |  | -

Fabrique Ltd

Notes to the Financial Statements for the Year Ended 31 December 2025

12 | Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

| 2025 £ | 2024 £
Not later than one year | 252,885 | 172,102
Later than one year and not later than five years | 574,710 | 431,517
| 827,595 | 603,619

13 | Parent and ultimate parent undertaking

The company's immediate and ultimate parent is Sockerkringlan AB, incorporated in Sweden.
The parent of the smallest group in which these financial statements are consolidated is Sockerkringlan AB, incorporated in Sweden. The financial statements of Sockerkringlan AB are available upon request from Sockerkringlan AB, Rosenlundsgatan 28 A 0TR, 118 53 Stockholm, Sweden.