REGISTERED NUMBER: 02752406 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 June 2026

for

FORMKRAFT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs G Smith

J S Smith

Mrs C A Grasier

Mrs J E Higgins

SECRETARY:

Mrs E Reed

REGISTERED OFFICE:

Clough Bank House

Edmund Road

Sheffield

South Yorkshire

S2 4EL

REGISTERED NUMBER:

02752406 (England and Wales)

ACCOUNTANTS:

S Burgess & Co Ltd

11 Slayleigh Avenue

Sheffield

South Yorkshire

S10 3RA

FIXED ASSETS

Tangible assets

4

38,927

35,078

CURRENT ASSETS

Stocks

139,719

175,351

Debtors

5

751,395

649,622

Cash at bank and in hand

899,310

1,075,661

1,790,424

1,900,634

CREDITORS

Amounts falling due within one year

6

1,009,764

1,041,150

NET CURRENT ASSETS

780,660

859,484

TOTAL ASSETS LESS CURRENT LIABILITIES

819,587

894,562

PROVISIONS FOR LIABILITIES

8

7,324

6,106

NET ASSETS

812,263

888,456

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

812,063

888,256

SHAREHOLDERS' FUNDS

812,263

888,456

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 21 October 2026 and were signed on its behalf by:

J S Smith - Director

1.	STATUTORY INFORMATION

Formkraft 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.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax, and is recognised when the goods are despatched to customers.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

25% on cost

Fixtures and fittings

-

10% on cost

Motor vehicles

-

25% on cost

Stocks

Stocks are valued at cost price, after making allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments

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.

Debtors and creditors due within one year

Debtors and creditors with no stated interest rate, which are due within one year, are stated at the transaction price. Any losses arising from impairment are recognised in the statement of comprehensive income within administrative expenses.

Impairment

At each balance sheet date, assets not measured at fair value are reviewed for any indication that the asset may be impaired at the balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in the profit and loss account unless the asset is carried at a revalued amount, where the impairment loss is recognised as a revaluation reduction.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2025 - 20 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Office

and

Motor

equipment

fittings

vehicles

Totals

£

£

£

£

COST

At 1 July 2025

230,887

65,044

24,986

320,917

Additions

31,208

-

-

31,208

At 30 June 2026

262,095

65,044

24,986

352,125

DEPRECIATION

At 1 July 2025

197,399

63,454

24,986

285,839

Charge for year

26,672

687

-

27,359

At 30 June 2026

224,071

64,141

24,986

313,198

NET BOOK VALUE

At 30 June 2026

38,024

903

-

38,927

At 30 June 2025

33,488

1,590

-

35,078

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.26

30.6.25

£

£

Trade debtors

660,563

595,646

Prepayments

90,832

53,976

751,395

649,622

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.26

30.6.25

£

£

Trade creditors

668,693

732,914

Corporation tax

40,928

42,399

Social security and other taxes

21,068

23,037

VAT

63,001

67,387

Other creditors

118,930

114,500

Accruals and deferred income

97,144

60,913

1,009,764

1,041,150

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

30.6.26

30.6.25

£

£

Within one year

85,633

102,759

Between one and five years

-

85,633

85,633

188,392

8.	PROVISIONS FOR LIABILITIES

30.6.26

30.6.25

£

£

Deferred tax

7,324

6,106

Deferred

tax

£

Balance at 1 July 2025

6,106

Accelerated capital allowances

1,218

Balance at 30 June 2026

7,324