Ian Harvey Fabrications Limited

Ian Harvey Fabrications Limited
Registered number:		04685050
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		1,370,455			1,297,586

Current assets
Stocks		112,317			118,001
Debtors	4	223,119			250,483
Cash at bank and in hand		740,142			620,518
		1,075,578			989,002

Creditors: amounts falling due within one year	5	(528,086)			(568,913)

Net current assets			547,492			420,089

Net assets			1,917,947			1,717,675

Capital and reserves
Called up share capital			100			100
Profit and loss account			1,917,847			1,717,575

Shareholders' funds			1,917,947			1,717,675

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




I W Harvey
Director
Approved by the board on 24 August 2026

Ian Harvey Fabrications Limited
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land and buildings, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor vehicles			25% Written down value
	Plant and machinery			25% Written down value
	Office equipment			25% Written down value

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					10		10


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2025	925,698		805,698		216,826		1,948,222
	Additions	-		144,644		42,608		187,252
	Disposals	-		(14,917)		-		(14,917)
	At 31 March 2026	925,698		935,425		259,434		2,120,557

	Depreciation
	At 1 April 2025	-		524,852		125,784		650,636
	Charge for the year	-		83,259		29,786		113,045
	On disposals	-		(13,579)		-		(13,579)
	At 31 March 2026	-		594,532		155,570		750,102

	Net book value
	At 31 March 2026	925,698		340,893		103,864		1,370,455
	At 31 March 2025	925,698		280,846		91,042		1,297,586


4	Debtors					2026		2025
£							£

	Trade debtors					172,704		209,190
	Other debtors					50,415		41,293
						223,119		250,483


5	Creditors: amounts falling due within one year					2026		2025
£							£

	Trade creditors					254,709		150,765
	Corporation tax					89,801		119,328
	Other taxes and social security costs					25,186		19,194
	Other creditors					158,390		279,626
						528,086		568,913


6	Other information

	Ian Harvey Fabrications Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Pitchings Farm
	Waterfall, Waterhouses
	Stoke on Trent
	Staffordshire
	ST10 3JF