REGISTERED NUMBER: 04379237 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

MJH Fabrications Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Director:

M J Hemming

Registered office:

Unit 16 Pershore Trading Estate

Station Road

Pershore

Worcestershire

WR10 2DD

Registered number:

04379237 (England and Wales)

Accountants:

Crowthers

The Courtyard

19 High Street

Pershore

Worcestershire

WR10 1AA

FIXED ASSETS

Tangible assets

4

1,015,222

1,100,092

CURRENT ASSETS

Stocks

81,930

78,500

Debtors

5

1,026,980

1,043,602

Cash at bank and in hand

875,833

690,597

1,984,743

1,812,699

CREDITORS

Amounts falling due within one year

6

922,361

857,508

NET CURRENT ASSETS

1,062,382

955,191

TOTAL ASSETS LESS CURRENT LIABILITIES

2,077,604

2,055,283

CREDITORS

Amounts falling due after more than one year

7

(31,706

)

(324,120

)

PROVISIONS FOR LIABILITIES

(252,961

)

(263,061

)

NET ASSETS

1,792,937

1,468,102

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

1,792,837

1,468,002

SHAREHOLDERS' FUNDS

1,792,937

1,468,102

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 19 October 2026 and were signed by:

M J Hemming - Director

1.	STATUTORY INFORMATION

MJH Fabrications Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payment ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Taxation

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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 balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

Hire purchase and leasing commitments

Assets acquired under finance leases are capitalised and depreciated over the shorter of the lease term and the expected useful life of the asset. Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding lease liability using the effective interest method. The related obligations, net of future finance charges, are included in creditors.

Where goods are sold using finance leases, the entity recognises turnover from the sale of goods and the rights to receive future lease payments as a debtor. Minimum lease payments are apportioned between finance income and the reduction of the lease debtor with finance income allocated so as to produce a constant periodic rate of interest on the net investment in the finance lease.

Rentals payable and receivable under operating leases are charged to the profit and loss account 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2025 - 19 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

Cost

At 1 April 2025

3,108,163

127,226

124,430

53,228

3,413,047

Additions

128,313

1,350

75,099

-

204,762

Disposals

-

-

(82,558

)

-

(82,558

)

At 31 March 2026

3,236,476

128,576

116,971

53,228

3,535,251

Depreciation

At 1 April 2025

2,119,265

74,372

82,268

37,050

2,312,955

Charge for year

223,442

10,841

22,785

6,442

263,510

Eliminated on disposal

-

-

(56,436

)

-

(56,436

)

At 31 March 2026

2,342,707

85,213

48,617

43,492

2,520,029

Net book value

At 31 March 2026

893,769

43,363

68,354

9,736

1,015,222

At 31 March 2025

988,898

52,854

42,162

16,178

1,100,092

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

Cost

At 1 April 2025

2,127,750

82,558

2,210,308

Disposals

-

(82,558

)

(82,558

)

Transfer to ownership

(823,000

)

-

(823,000

)

At 31 March 2026

1,304,750

-

1,304,750

Depreciation

At 1 April 2025

1,488,149

56,436

1,544,585

Charge for year

127,921

-

127,921

Eliminated on disposal

-

(56,436

)

(56,436

)

Transfer to ownership

(684,924

)

-

(684,924

)

At 31 March 2026

931,146

-

931,146

Net book value

At 31 March 2026

373,604

-

373,604

At 31 March 2025

639,601

26,122

665,723

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

994,608

920,662

Other debtors

32,372

122,940

1,026,980

1,043,602

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts

238,840

270,297

Trade creditors

359,712

251,023

Taxation and social security

245,383

298,842

Other creditors

68,426

27,346

922,361

857,508

Hire purchase contracts are secured against the assets they relate to.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

10,000

Hire purchase contracts

31,706

314,120

31,706

324,120

Hire purchase contracts are secured against the assets they relate to.

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

10,000

20,000

Fixed and floating charges are held over all assets of the company.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

1

100

100

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

M J Hemming

Balance outstanding at start of year

82,889

(68,061

)

Amounts advanced

-

151,262

Amounts repaid

(109,519

)

(312

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(26,630

)

82,889

The above loan is unsecured, interest free and repayable on demand.