COMPANY REGISTRATION NUMBER:
02936270
|
Filleted Unaudited Abridged Financial Statements |
|
|
Abridged Statement of Financial Position |
|
31 December 2025
Current assets
|
Stocks |
255,670 |
|
280,318 |
|
Debtors |
493,992 |
|
623,226 |
|
Cash at bank and in hand |
90,407 |
|
108,501 |
|
--------- |
|
------------ |
|
840,069 |
|
1,012,045 |
|
|
|
|
|
Creditors: amounts falling due within one year |
658,004 |
|
792,545 |
|
--------- |
|
------------ |
|
Net current assets |
|
182,065 |
219,500 |
|
|
--------- |
--------- |
|
Total assets less current liabilities |
|
182,065 |
219,500 |
|
|
|
|
|
Creditors: amounts falling due after more than one year |
|
– |
12,500 |
|
|
--------- |
--------- |
|
Net assets |
|
182,065 |
207,000 |
|
|
--------- |
--------- |
|
|
|
|
Capital and reserves
|
Called up share capital |
|
7,948 |
7,948 |
|
Other reserves |
|
112,052 |
112,052 |
|
Profit and loss account |
|
62,065 |
87,000 |
|
|
--------- |
--------- |
|
Shareholders funds |
|
182,065 |
207,000 |
|
|
--------- |
--------- |
|
|
|
|
These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
.
All of the members have consented to the preparation of the abridged statement of financial position for the year ending 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.
|
Abridged Statement of Financial Position (continued) |
|
31 December 2025
These abridged financial statements were approved by the
board of directors
and authorised for issue on
17 September 2026
, and are signed on behalf of the board by:
Company registration number:
02936270
|
Notes to the Abridged Financial Statements |
|
Year ended 31 December 2025
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 19 Longbridge Hayes Industrial Estate, Chemical Lane, Longport, Stoke on Trent, ST6 4DS.
2.
Statement of compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
(a)
Basis of preparation
The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The abridged financial statements are prepared in sterling, which is the functional currency of the entity.
(b)
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
(c)
Taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax, with the following exceptions: 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 tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.
(d)
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
(e)
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
|
Plant & Machinery |
- |
ten years |
|
Fixtures, fittings & equipment |
- |
seven years |
|
Motor vehicles |
- |
five years |
|
Computer equipment |
- |
three years |
|
|
|
|
(f)
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
(g)
Stocks
Stock is valued at the lower of cost and net realisable value. In determining the cost of raw materials, consumables and goods purchased for resale, the weighted average purchase price is used. Net realisable value is based on estimated selling price less additional costs to completion and disposal.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
15
(2024:
17
).
5.
Tangible assets
|
£ |
|
Cost |
|
|
At 1 January 2025 and 31 December 2025 |
917,653 |
|
--------- |
|
Depreciation |
|
|
At 1 January 2025 and 31 December 2025 |
917,653 |
|
--------- |
|
Carrying amount |
|
|
At 31 December 2025 |
– |
|
--------- |
|
At 31 December 2024 |
– |
|
--------- |
|
|
6.
Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:
|
2025 |
2024 |
|
£ |
£ |
|
Not later than 1 year |
12,381 |
12,381 |
|
Later than 1 year and not later than 5 years |
18,001 |
30,382 |
|
-------- |
-------- |
|
30,382 |
42,763 |
|
-------- |
-------- |
|
|
|