Firth Brothers Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00222965 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Firth Brothers Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs J E Firth

Ms S J Firth

Mr D I Firth

Mrs P A Firth

SECRETARY:

Mr D I Firth

REGISTERED OFFICE:

10 Busker Lane

Skelmanthorpe

Huddersfield

West Yorkshire

HD8 9EP

REGISTERED NUMBER:

00222965 (England and Wales)

ACCOUNTANTS:

Harris & Co Limited

Chartered Accountants

Marland House

13 Huddersfield Road

Barnsley

South Yorkshire

S70 2LW

FIXED ASSETS

Tangible assets

5

3,733

4,709

Investments

6

2

Investment property

7

1,400,000

1,403,735

1,404,711

CURRENT ASSETS

Debtors: amounts falling due within one
year

8

12,655

65,020

Debtors: amounts falling due after more
than one year

8

250,668

209,103

Cash at bank

71,345

105,924

334,668

380,047

CREDITORS

Amounts falling due within one year

9

97,153

104,023

NET CURRENT ASSETS

237,515

276,024

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,641,250

1,680,735

CREDITORS

Amounts falling due after more than one
year

10

-

4,317

NET ASSETS

1,641,250

1,676,418

CAPITAL AND RESERVES

Called up share capital

11

100,000

Fair value reserve

601,544

Retained earnings

939,706

974,874

SHAREHOLDERS' FUNDS

1,641,250

1,676,418

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 22 April 2026 and were signed on its behalf by:

Mr D I Firth - Director

1.	STATUTORY INFORMATION

Firth Brothers 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.

The presentation and functional currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on a going concern basis under the historical cost convention, other than investment properties which are shown at their most recent valuation.

Significant judgements and estimates

The principal accounting policies and significant judgements and estimates applied in the preparation of these financial statements are set out below. These policies, judgements and estimates have been

consistently applied to all years presented unless otherwise stated.

Turnover

Turnover represents amounts earned as landlords and services provided during the year falling within the company's ordinary activities.

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

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

All fixed assets are initially recorded at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

COST

At 1 January 2025

and 31 December 2025

10,203

21,600

31,803

DEPRECIATION

At 1 January 2025

8,197

18,897

27,094

Charge for year

301

675

976

At 31 December 2025

8,498

19,572

28,070

NET BOOK VALUE

At 31 December 2025

1,705

2,028

3,733

At 31 December 2024

2,006

2,703

4,709

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2025

and 31 December 2025

2

NET BOOK VALUE

At 31 December 2025

2

At 31 December 2024

2

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

and 31 December 2025

1,400,000

NET BOOK VALUE

At 31 December 2025

1,400,000

At 31 December 2024

1,400,000

Fair value at 31 December 2025 is represented by:

£

Valuation in 2005

653,893

Valuation in 2017

(377,349

)

Valuation in 2018

115,000

Valuation in 2020

(20,000

)

Valuation in 2021

20,695

Valuation in 2023

210,000

Cost

797,761

1,400,000

The land and buildings were valued, after taking professional advice, as at the balance sheet date by the directors.

8.

DEBTORS

2025

2024

£

Amounts falling due within one year:

Trade debtors

8,716

8,696

Other debtors

3,939

56,324

12,655

65,020

Amounts falling due after more than one year:

Other debtors

250,668

209,103

Aggregate amounts

263,323

274,123

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

3,992

6,395

Trade creditors

1,020

1,474

Taxation and social security

9,443

16,963

Other creditors

82,698

79,191

97,153

104,023

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans

-

4,317

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

60,150

Ordinary A

£1

60,150

1,850

Ordinary B

£1

1,850

4,000

Ordinary C

£1

4,000

Ordinary D

£1

4,000

30,000

Ordinary E

£1

30,000

100,000