Brownlee Fabrications Limited

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

Registered number: 01480498

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		15,601		20,606

			15,601		20,606
CURRENT ASSETS
Stocks	5	9,687		4,417
Debtors	6	64,830		83,917
Cash at bank and in hand		66,573		58,888

		141,090		147,222
Creditors: Amounts Falling Due Within One Year	7	(54,281 )		(47,810 )

NET CURRENT ASSETS (LIABILITIES)			86,809		99,412

TOTAL ASSETS LESS CURRENT LIABILITIES			102,410		120,018

PROVISIONS FOR LIABILITIES
Deferred Taxation			(3,900 )		(5,151 )

NET ASSETS			98,510		114,867

CAPITAL AND RESERVES
Called up share capital	8		200		200
Profit and Loss Account			98,310		114,667

SHAREHOLDERS' FUNDS			98,510		114,867

Page 1

Page 2

Brownlee Fabrications Limited

Balance Sheet (continued)

As At 31 May 2026

For the year ending 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

The directors acknowledge their 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

Mrs M A Harpham

Director

3 November 2026

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

1. General Information

Brownlee Fabrications Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01480498 . The registered office is Suite 5, The Willows, Ransom Wood Business Park, Southwell Road West, Rainworth, Mansfield, Nottinghamshire, NG21 0HJ.

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 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

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	20% reducing balance basis
Motor Vehicles	25% reducing balance basis

2.4. 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.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2025: 3)

Page 3

Page 4

Brownlee Fabrications Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2026

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 June 2025	69,650	31,400	101,050
Disposals	(5,889 )	-	(5,889 )

As at 31 May 2026	63,761	31,400	95,161

Depreciation
As at 1 June 2025	65,970	14,474	80,444
Provided during the period	728	4,232	4,960
Disposals	(5,844 )	-	(5,844 )

As at 31 May 2026	60,854	18,706	79,560

Net Book Value
As at 31 May 2026	2,907	12,694	15,601

As at 1 June 2025	3,680	16,926	20,606

5. Stocks

	2026	2025
	£	£
Materials	4,951	1,967
Work in progress	4,736	2,450

	9,687	4,417

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	60,464	79,577
Prepayments and accrued income	4,366	4,340

	64,830	83,917

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	12,809	18,844
Corporation tax	26,408	13,886
Other taxes and social security	254	409
VAT	12,294	12,267
Net wages	-	164
Accruals and deferred income	1,992	1,977
Directors' loan accounts	524	263

	54,281	47,810

Page 4

Page 5

Brownlee Fabrications Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2026

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	200	200

Page 5