Von Metal Fabrications Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: SC520641

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		11,187		15,038

			11,187		15,038
CURRENT ASSETS
Stocks	5	13,460		5,000
Debtors	6	3,556		4,122
Cash at bank and in hand		17,173		18,751

		34,189		27,873
Creditors: Amounts Falling Due Within One Year	7	(37,075 )		(26,891 )

NET CURRENT ASSETS (LIABILITIES)			(2,886 )		982

TOTAL ASSETS LESS CURRENT LIABILITIES			8,301		16,020

Creditors: Amounts Falling Due After More Than One Year	8		(5,949 )		(10,348 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(2,126 )		(2,857 )

NET ASSETS			226		2,815

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			126		2,715

SHAREHOLDERS' FUNDS			226		2,815

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Von Metal Fabrications Limited

Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Michael Gilhooley

Director

25/08/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Von Metal Fabrications Limited is a private company, limited by shares, incorporated in Scotland, registered number SC520641 . The registered office is The Walled Garden, South Building, Bush Estate, Edinburgh, Midlothian, EH26 0SD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% reducing balance
Motor Vehicles	25% reducing balance
Computer Equipment	33% straight line

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

2.7. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

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Von Metal Fabrications Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 December 2024	5,788	29,670	1,009	36,467

As at 30 November 2025	5,788	29,670	1,009	36,467

Depreciation
As at 1 December 2024	4,976	15,819	634	21,429
Provided during the period	203	3,463	185	3,851

As at 30 November 2025	5,179	19,282	819	25,280

Net Book Value
As at 30 November 2025	609	10,388	190	11,187

As at 1 December 2024	812	13,851	375	15,038

5. Stocks

	2025	2024
	£	£
Materials	5,000	5,000
Work in progress	8,460	-

	13,460	5,000

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	1,679	2,979
Other debtors	1,877	1,143

	3,556	4,122

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	3,399	3,399
Trade creditors	10,012	436
Bank loans and overdrafts	1,000	2,000
Other creditors	9,009	13,011
Taxation and social security	13,655	8,045

	37,075	26,891

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Von Metal Fabrications Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	5,949	9,348
Bank loans	-	1,000

	5,949	10,348

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

10. Related Party Transactions

The directors are of the opinion that all related party transactions are conducted under normal market conditions and on an arm's length basis and therefore do not need to be disclosed under FRS 102 section 1A appendix C.

11. Ultimate Controlling Party

The company's ultimate controlling party is Michael Gilhooley by virtue of his ownership of 100% of the issued share capital in the company.

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