REGISTERED NUMBER: 08744541 (England and Wales)

Financial Statements for the Year Ended 31 December 2025

for

Frescrete Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

I V Staines

D Clugston

J H McKinlay

REGISTERED OFFICE:

Unit 2

Springwell Court

Leeds

England

LS12 1AL

REGISTERED NUMBER:

08744541 (England and Wales)

ACCOUNTANTS:

Richard Smedley Limited

Chartered Accountants & Registered Auditors

Richmond House

Lawnswood Business Park

Redvers Close

Leeds

West Yorkshire

LS16 6QY

FIXED ASSETS

Tangible assets

4

276,409

251,898

CURRENT ASSETS

Stocks

1,303

840

Debtors

5

887,629

1,429,515

Cash at bank and in hand

432,675

281,076

1,321,607

1,711,431

CREDITORS

Amounts falling due within one year

6

456,447

483,307

NET CURRENT ASSETS

865,160

1,228,124

TOTAL ASSETS LESS CURRENT LIABILITIES

1,141,569

1,480,022

CREDITORS

Amounts falling due after more than one year

7

(37,505

)

(96,065

)

PROVISIONS FOR LIABILITIES

(67,811

)

(62,332

)

NET ASSETS

1,036,253

1,321,625

CAPITAL AND RESERVES

Called up share capital

80

100

Capital redemption reserve

20

-

Retained earnings

1,036,153

1,321,525

SHAREHOLDERS' FUNDS

1,036,253

1,321,625

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 July 2026 and were signed on its behalf by:

I V Staines - Director

C P Maltby - Director

1.	STATUTORY INFORMATION

Frescrete Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover comprises the value of sales (excluding VAT) of goods and services provided in the normal course of business. Revenue is recognised when the company obtains the right to receive consideration for services provided.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 January 2025

7,170

355,817

362,987

Additions

-

105,674

105,674

Disposals

-

(2,000

)

(2,000

)

At 31 December 2025

7,170

459,491

466,661

DEPRECIATION

At 1 January 2025

7,170

103,919

111,089

Charge for year

-

81,163

81,163

Eliminated on disposal

-

(2,000

)

(2,000

)

At 31 December 2025

7,170

183,082

190,252

NET BOOK VALUE

At 31 December 2025

-

276,409

276,409

At 31 December 2024

-

251,898

251,898

The net book value of assets held under hire purchase agreements at 31st December 2025 is £216,175 (2024: £197,459).

5.

DEBTORS

31.12.25

31.12.24

£

£

Amounts falling due within one year:

Trade debtors

110,795

84,297

Amounts recoverable on contract

45,418

36,589

Other debtors

665,820

1,254,589

822,033

1,375,475

Amounts falling due after more than one year:

Other debtors

65,596

54,040

Aggregate amounts

887,629

1,429,515

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

5,000

10,000

Hire purchase contracts

85,866

86,741

Trade creditors

49,485

59,481

Taxation and social security

266,234

151,663

Other creditors

49,862

175,422

456,447

483,307

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

-

5,000

Hire purchase contracts

37,505

91,065

37,505

96,065

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

£

C P Maltby

Balance outstanding at start of year

72,083

51,283

Amounts advanced

75,544

21,300

Amounts repaid

(146,782

)

(500

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

845

72,083

I V Staines

Balance outstanding at start of year

113,718

51,834

Amounts advanced

184,516

171,884

Amounts repaid

(205,000

)

(110,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

93,234

113,718

J H McKinlay

Balance outstanding at start of year

-

-

Amounts advanced

104,115

-

Amounts repaid

(45,000

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

59,115

-

D Clugston

Balance outstanding at start of year

-

-

Amounts advanced

30,125

-

Amounts repaid

(10,000

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

20,125

-

Interest is charged on overdrawn loan accounts at the official rate.