Factory-Fit (UK) Limited 02842261 false 2025-01-01 2025-12-31 2025-12-31 The principal activity of the company is providing shopfitting and refurbishment services to industrial and commercial companies. Digita Accounts Production Advanced 6.30.9574.0 true false 02842261 2025-01-01 2025-12-31 02842261 2025-12-31 02842261 core:CurrentFinancialInstruments 2025-12-31 02842261 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 02842261 core:Non-currentFinancialInstruments 2025-12-31 02842261 core:Non-currentFinancialInstruments core:AfterOneYear 2025-12-31 02842261 core:FurnitureFittingsToolsEquipment 2025-12-31 02842261 bus:SmallEntities 2025-01-01 2025-12-31 02842261 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 02842261 bus:FilletedAccounts 2025-01-01 2025-12-31 02842261 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 02842261 bus:RegisteredOffice 2025-01-01 2025-12-31 02842261 bus:CompanySecretaryDirector1 2025-01-01 2025-12-31 02842261 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 02842261 core:ComputerEquipment 2025-01-01 2025-12-31 02842261 core:FurnitureFittingsToolsEquipment 2025-01-01 2025-12-31 02842261 core:PlantMachinery 2025-01-01 2025-12-31 02842261 1 2025-01-01 2025-12-31 02842261 countries:EnglandWales 2025-01-01 2025-12-31 02842261 2024-12-31 02842261 core:FurnitureFittingsToolsEquipment 2024-12-31 02842261 2024-01-01 2024-12-31 02842261 2024-12-31 02842261 core:CurrentFinancialInstruments 2024-12-31 02842261 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 02842261 core:Non-currentFinancialInstruments 2024-12-31 02842261 core:Non-currentFinancialInstruments core:AfterOneYear 2024-12-31 02842261 core:FurnitureFittingsToolsEquipment 2024-12-31 iso4217:GBP xbrli:pure

Registration number: 02842261

Factory-Fit (UK) Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 December 2025

Factory-Fit (UK) Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 7

Factory-Fit (UK) Limited

Company Information

Director | J R Cooper

Company secretary | J R Cooper

Registered office | 108 Main Road Newport Brough East Yorkshire HU15 2RG

Factory-Fit (UK) Limited

(Registration number: 02842261)
Balance Sheet as at 31 December 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 10,012 | 13,716
Current assets |  |  |
Stocks | 5 | 3,000 | 3,000
Debtors | 6 | 221,200 | 338,683
Cash at bank and in hand |  | 283,283 | 103,275
|  | 507,483 | 444,958
Creditors: Amounts falling due within one year | 7 | (186,593) | (282,816)
Net current assets |  | 320,890 | 162,142
Total assets less current liabilities |  | 330,902 | 175,858
Creditors: Amounts falling due after more than one year | 7 | - | (4,396)
Provisions for liabilities |  | (2,503) | (3,429)
Net assets |  | 328,399 | 168,033
Capital and reserves |  |  |
Called up share capital |  | 40 | 40
Capital redemption reserve |  | 60 | 60
Retained earnings |  | 328,299 | 167,933
Shareholders' funds |  | 328,399 | 168,033

For the financial 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.

Director's responsibilities:

• | The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The Director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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 Director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 6 February 2026

......................................... J R Cooper Company secretary and director

Factory-Fit (UK) Limited

Notes to the Unaudited 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 and the company registration number is 02842261.

The address of its registered office is:
108 Main Road
Newport
Brough
East Yorkshire
HU15 2RG

These financial statements were authorised for issue by the director on 6 February 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.

The financial statements have been prepared in sterling and are rounded to the nearest pound.

Revenue recognition

Turnover arises from the sale of bespoke fittings and the provision of design and manufacture services. Turnover is measured at the fair value of the consideration received or receivable and represents amounts for the sale of goods and/or the rendering of services in the normal course of business, net of discounts and other sales-related taxes.
Turnover from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, which is when the goods are delivered to the customer.
Turnover from the provision of services is recognised when the service is performed.
The company recognises revenue when:
The amount of revenue can be reliably measure;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met of each of the companies 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.

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.

Factory-Fit (UK) Limited

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

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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 balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measure using the rates and allowances that apply to the sale of the asset.

Tangible assets

Tangible assets are stated in the statement of financial position 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.
At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If the estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in the profit and loss account.
If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss has been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in the profit and loss account.

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
Computer equipment | 33% on cost
Plant and machinery | 25% reducing balance

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.

Trade debtors

Trade debtors are amounts due from customers for the sale of goods and the provision of services in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Factory-Fit (UK) Limited

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

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.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable 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.
Trade creditors are recognised initially at the transaction price.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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.

Dividends

Dividend distribution to the Company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

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.

3 | Staff numbers

The average number of persons employed by the Company (including the Director) during the year, was 4 (2024 - 5).

Factory-Fit (UK) Limited

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

4 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 January 2025 | 152,202 | 152,202
Additions | 6,127 | 6,127
At 31 December 2025 | 158,329 | 158,329
Depreciation
At 1 January 2025 | 138,486 | 138,486
Charge for the year | 9,831 | 9,831
At 31 December 2025 | 148,317 | 148,317
Carrying amount
At 31 December 2025 | 10,012 | 10,012
At 31 December 2024 | 13,716 | 13,716

5 | Stocks

| 2025 £ | 2024 £
Work in progress | 3,000 | 3,000

6 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 188,937 | 275,734
Prepayments | 13,557 | 16,805
Other debtors | 18,706 | 46,144
| 221,200 | 338,683

Factory-Fit (UK) Limited

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

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 8 | 4,396 | 10,397
Trade creditors |  | 64,996 | 199,676
Taxation and social security |  | 67,169 | 13,366
Accruals and deferred income |  | 19,249 | 52,316
Other creditors |  | 30,783 | 7,061
|  | 186,593 | 282,816

8 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | - | 4,396

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 4,396 | 10,397

Bank borrowings are unsecured and relate to a government-backed Bounce Back Loan. Interest is accrued on the loan at 2.5% per annum.

9 | Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £32,797 (2024 - £8,400).

10 | Related party transactions

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

11 | Parent and ultimate parent undertaking

The Company's immediate parent is Rockbury Limited, incorporated in England.
These financial statements are available upon request from 49 Beverley Road, South Cave, Brough, East Yorkshire, HU15 2BB.