Fab-Tech (Telford) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 11997120 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2026

FOR

FAB-TECH (TELFORD) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R L Lavender

S Parkes

SECRETARY:

A J Griffiths

REGISTERED OFFICE:

Unit K

Tweedale Industrial Estate

Madeley

Telford

TF7 4JR

REGISTERED NUMBER:

11997120 (England and Wales)

ACCOUNTANTS:

Crowe U.K. LLP

Black Country House

Rounds Green Road

Oldbury

West Midlands

B69 2DG

FIXED ASSETS

Tangible assets

4

1,549,726

1,195,896

CURRENT ASSETS

Stocks

337,862

248,681

Debtors

5

1,322,402

2,018,722

Cash at bank and in hand

157,871

33,291

1,818,135

2,300,694

CREDITORS

Amounts falling due within one year

6

1,877,120

2,421,742

NET CURRENT LIABILITIES

(58,985

)

(121,048

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,490,741

1,074,848

CREDITORS

Amounts falling due after more than one year

7

(251,331

)

(418,064

)

PROVISIONS FOR LIABILITIES

(384,839

)

(167,508

)

NET ASSETS

854,571

489,276

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

854,471

489,176

SHAREHOLDERS' FUNDS

854,571

489,276

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 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 12 August 2026 and were signed on its behalf by:

R L Lavender - Director

1.	STATUTORY INFORMATION

Fab-Tech (Telford) 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 the cost less estimated residual value of each asset over its estimated useful life.

Improvements to property

-

33.33% on cost

Plant and machinery

-

at varying rates on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

33.33% on 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 is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 42 (2025 - 40 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

Cost

At 1 May 2025

6,100

1,856,846

27,644

-

1,890,590

Additions

-

736,659

5,281

6,250

748,190

At 30 April 2026

6,100

2,593,505

32,925

6,250

2,638,780

Depreciation

At 1 May 2025

840

666,210

27,644

-

694,694

Charge for year

2,013

389,466

1,162

1,719

394,360

At 30 April 2026

2,853

1,055,676

28,806

1,719

1,089,054

Net book value

At 30 April 2026

3,247

1,537,829

4,119

4,531

1,549,726

At 30 April 2025

5,260

1,190,636

-

1,195,896

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

1,175,491

1,899,181

Amounts owed by associates

-

25,000

Other debtors

146,911

94,541

1,322,402

2,018,722

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

436,785

1,178,725

Hire purchase contracts (see note 8)

418,640

333,640

Trade creditors

614,954

660,015

Taxation and social security

327,868

133,929

Other creditors

78,873

115,433

1,877,120

2,421,742

Hire purchase liabilities are secured over the assets to which they relate.

Included in bank loans and overdrafts is a finance facility which is secured by a fixed and floating charge over all the property of the company and contains a negative pledge.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2026

2025

£

Hire purchase contracts (see note 8)

251,331

407,003

Other creditors

-

11,061

251,331

418,064

Hire purchase liabilities are secured over the assets to which they relate.

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2026

2025

£

Net obligations repayable:

Within one year

418,640

333,640

Between one and five years

251,331

407,003

669,971

740,643

Non-cancellable

operating leases

2026

2025

£

Within one year

93,273

87,303

Between one and five years

37,868

31,898

In more than five years

11,722

6,747

142,863

125,948

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

70

Ordinary shares A

70

10

Ordinary shares B

10

20

Ordinary shares C

20

100

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2026 and 30 April 2025:

2026

2025

£

R L Lavender

Balance outstanding at start of year

930

-

Amounts advanced

-

930

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

930

The above loan is repayable on demand and is not interest bearing.