Falon Nameplates Limited - Filleted accounts

Registered number

03633066

Falon Nameplates Limited

Filleted Accounts

31 December 2025

Falon Nameplates Limited
Registered number:		03633066
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		62,909			77,528

Current assets
Stocks		64,080			63,608
Debtors	5	71,441			52,258
Cash at bank and in hand		7			14,525
		135,528			130,391

Creditors: amounts falling due within one year	6	(142,983)			(125,040)

Net current (liabilities)/assets			(7,455)			5,351

Total assets less current liabilities			55,454			82,879

Creditors: amounts falling due after more than one year	7		(39,999)			(63,802)

Provisions for liabilities			(11,953)			(7,450)


Net assets			3,502			11,627

Capital and reserves
Called up share capital			10,000			10,000
Profit and loss account			(6,498)			1,627

Shareholders' funds			3,502			11,627

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




K More
Director
Approved by the board on 12 June 2026

Falon Nameplates Limited
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			15% reducing balance
	Fixtures, fittings, tools and equipment			25% 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.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					15		18


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 January 2025							72,469
	At 31 December 2025							72,469

	Amortisation
	At 1 January 2025							72,469
	At 31 December 2025							72,469

	Net book value
	At 31 December 2025							-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 January 2025	53,919		379,056		37,933		470,908
	Additions	-		284		-		284
	At 31 December 2025	53,919		379,340		37,933		471,192

	Depreciation
	At 1 January 2025	48,458		336,887		8,035		393,380
	Charge for the year	788		6,640		7,475		14,903
	At 31 December 2025	49,246		343,527		15,510		408,283

	Net book value
	At 31 December 2025	4,673		35,813		22,423		62,909
	At 31 December 2024	5,461		42,169		29,898		77,528


5	Debtors					2025		2024
£							£

	Trade debtors					64,826		48,573
	Other debtors					6,615		3,685
						71,441		52,258


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					77,616		69,149
	Obligations under finance lease and hire purchase contracts					11,117		11,117
	Trade creditors					17,450		12,173
	Taxation and social security costs					34,209		25,462
	Other creditors					2,591		7,139
						142,983		125,040


7	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					17,529		31,773
	Obligations under finance lease and hire purchase contracts					22,470		32,029
						39,999		63,802


8	Other information

	Falon Nameplates Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Units 10- Stephenson Court
	Barrington Industrial Estate
	Bedlington
	Northumberland
	NE22 7DN