REGISTERED NUMBER: 07590828 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

FOR

ABBEY PIPEWORK FABRICATORS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

8

DIRECTORS:

S Brady

Mrs S Hayes

J Hall-Brady

REGISTERED OFFICE:

Independence House

14a Nelson Street

Southend-on-Sea

Essex

SS1 1EF

REGISTERED NUMBER:

07590828 (England and Wales)

ACCOUNTANTS:

Ashton Wallace

Chartered Certified Accountants

Independence House

14a Nelson Street

Southend-on-Sea

Essex

SS1 1EF

FIXED ASSETS

Intangible assets

4

461,760

527,726

Tangible assets

5

263,928

283,917

Investments

6

100

100

725,788

811,743

CURRENT ASSETS

Stocks

174,328

200,734

Debtors

7

1,541,442

1,156,658

Cash at bank and in hand

416,496

394,159

2,132,266

1,751,551

CREDITORS

Amounts falling due within one year

8

563,341

773,905

NET CURRENT ASSETS

1,568,925

977,646

TOTAL ASSETS LESS CURRENT LIABILITIES

2,294,713

1,789,389

CREDITORS

Amounts falling due after more than one year

9

(33,322

)

(40,799

)

PROVISIONS FOR LIABILITIES

(65,982

)

(70,979

)

NET ASSETS

2,195,409

1,677,611

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,195,309

1,677,511

SHAREHOLDERS' FUNDS

2,195,409

1,677,611

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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 29th July 2026 and were signed on its behalf by:

S Brady - Director

1.	STATUTORY INFORMATION

Abbey Pipework Fabricators 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 represents net invoiced sales of good and services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

No depreciation is charged in respect of the buildings element of freehold property as, in the director's opinion, the company's repair and maintenance policy is such that the useful life of the industrial units are extended indefinitely.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

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

Cost includes all direct expenditure.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 7 (2025 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2025

and 31st March 2026

1,319,318

AMORTISATION

At 1st April 2025

791,592

Amortisation for year

65,966

At 31st March 2026

857,558

NET BOOK VALUE

At 31st March 2026

461,760

At 31st March 2025

527,726

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st April 2025

215,133

266,027

291,851

89,957

862,968

Additions

-

30,839

40,989

416

72,244

Disposals

-

-

(29,309

)

-

(29,309

)

At 31st March 2026

215,133

296,866

303,531

90,373

905,903

DEPRECIATION

At 1st April 2025

167,754

171,691

157,655

81,951

579,051

Charge for year

11,855

25,029

42,059

6,335

85,278

Eliminated on disposal

-

-

(22,354

)

-

(22,354

)

At 31st March 2026

179,609

196,720

177,360

88,286

641,975

NET BOOK VALUE

At 31st March 2026

35,524

100,146

126,171

2,087

263,928

At 31st March 2025

47,379

94,336

134,196

8,006

283,917

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1st April 2025

165,623

Additions

40,989

At 31st March 2026

206,612

DEPRECIATION

At 1st April 2025

49,270

Charge for year

39,336

At 31st March 2026

88,606

NET BOOK VALUE

At 31st March 2026

118,006

At 31st March 2025

116,353

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1st April 2025

and 31st March 2026

100

NET BOOK VALUE

At 31st March 2026

100

At 31st March 2025

100

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

873,806

985,173

Amounts owed by group undertakings

357,341

43,701

Other debtors

310,295

127,784

1,541,442

1,156,658

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts

48,466

37,637

Trade creditors

228,718

413,981

Amounts owed to group undertakings

100

125,530

Taxation and social security

214,502

139,488

Other creditors

71,555

57,269

563,341

773,905

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts

33,322

40,799

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31st March 2026 set out on pages three to ten and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Ashton Wallace

Chartered Certified Accountants

Independence House

14a Nelson Street

Southend-on-Sea

Essex

SS1 1EF

Date: .............................................