REGISTERED NUMBER: 11762034 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2026

for

FIS Refractory Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

JL Turvey

L F Turvey

REGISTERED OFFICE:

Croxton Cottage

Church Lane

Croxton Stafford

Sutton Coldfield

West Midlands

ST21 6PG

REGISTERED NUMBER:

11762034 (England and Wales)

ACCOUNTANTS:

Dalton Pardoe Limited

Chartered Accountants

794 High Street

Kingswinford

West Midlands

DY6 8BQ

FIXED ASSETS

Tangible assets

4

84,138

100,474

CURRENT ASSETS

Stocks

1,200

1,000

Debtors

5

196,643

102,060

Cash at bank

279,695

374,039

477,538

477,099

CREDITORS

Amounts falling due within one year

6

141,509

130,855

NET CURRENT ASSETS

336,029

346,244

TOTAL ASSETS LESS CURRENT LIABILITIES

420,167

446,718

PROVISIONS FOR LIABILITIES

12,913

17,051

NET ASSETS

407,254

429,667

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

407,154

429,567

SHAREHOLDERS' FUNDS

407,254

429,667

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 June 2026 and were signed on its behalf by:

L F Turvey - Director

1.	STATUTORY INFORMATION

FIS Refractory 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

50% 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 5 (2025 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 May 2025

27,398

1,366

137,382

13,994

180,140

Additions

1,344

-

-

-

1,344

At 30 April 2026

28,742

1,366

137,382

13,994

181,484

DEPRECIATION

At 1 May 2025

12,867

527

55,997

10,275

79,666

Charge for year

3,175

168

12,477

1,860

17,680

At 30 April 2026

16,042

695

68,474

12,135

97,346

NET BOOK VALUE

At 30 April 2026

12,700

671

68,908

1,859

84,138

At 30 April 2025

14,531

839

81,385

3,719

100,474

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

£

Trade debtors

149,542

74,560

Other debtors

47,101

27,500

196,643

102,060

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

£

Trade creditors

44,748

16,769

Tax

66,896

83,966

Social security and other taxes

1,791

1,815

VAT

23,087

18,579

Other creditors

-

6,058

Directors' current accounts

1,912

311

Accrued expenses

3,075

3,357

141,509

130,855

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.26

30.4.25

value:

£

£

1

Ordinary

£1

100

100

8.

RESERVES

Retained

earnings

£

At 1 May 2025

429,567

Profit for the year

142,385

Dividends

(164,798

)

At 30 April 2026

407,154

9.	RELATED PARTY DISCLOSURES

Dividends were paid to the following directors during the year:

J Turvey £82,399

L Turvey £82,399

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is JL Turvey.