FORTIS_CONTRACTING_LIMITED_31_Mar_2026_companies_house_set_of

		2026	2025
Fixed assets
Tangible assets	5	162,997		171,677
Current assets
Stocks		-		359,013
Debtors	6	1,492,059		1,169,446
Cash at bank and in hand		286,969		1,031,589
		1,779,028		2,560,048
Creditors: amounts falling due within one year	7	(918,246	)	(1,718,899	)
Net current assets		860,782		841,149
Total assets less current liabilities		1,023,779		1,012,826
Creditors: amounts falling due after more than one year	8	(171,493	)	(219,234	)
Net assets		852,286		793,592
Capital and reserves
Called up share capital		100		100
Profit and loss account		852,186		793,492
Shareholders funds		852,286		793,592

Fortis Contracting Limited

Notes to the Financial Statements

Year ended

31 March 2026

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is

H1 Ash Tree Court

Mellors Way

Nottingham Business Park

Nottingham

NG8 6PY

, United Kingdom.

2 Statement of compliance

These

financial statements

have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The

financial statements

have been prepared on the historical cost basis, as modified by the revaluation of certain assets.

The

financial statements

are prepared in sterling, which is the functional currency of the company.

Construction contracts

Where the outcome of construction contracts cannot be estimated reliably, revenue is recognised to the extent of contract costs incurred that it is probable will be recoverable, and contract costs are recognised as an expenses in the period in which they are incurred.

When it is probable that total contract costs will exceed total contract revenue, the expected loss is expensed immediately, with a corresponding provision for an onerous contract being recognised.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated 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.

When the outcome of a transaction involving rendering of services can be reliably estimated, revenue from the rendering of services is measured by the reference to the stage of completion of the service transaction at the end of the reporting period.

When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.

Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant and machinery	25% reducing balance
Motor vehicles	25% reducing balance

Impairment

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.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.

Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.

All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4 Average number of employees

The average number of persons employed by the company during the year was

(2025:

10.00

5 Tangible assets

	Plant and machinery etc.
	£
Cost
At 1 April 2025	358,893
Additions	73,412
Disposals	(65,802	)
At 31 March 2026	366,503
Depreciation
At 1 April 2025	187,216
Charge	54,332
Disposals	(38,042	)
At 31 March 2026	203,506
Carrying amount
At 31 March 2026	162,997
At 31 March 2025	171,677

6 Debtors

	2026	2025
	£	£
Trade debtors	149,218	925,051
Amounts owed by group undertakings and undertakings in which the company has a participating interest	1,009,800	-
Other debtors	333,041	244,395
	1,492,059	1,169,446

7 Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	5,000	20,000
Trade creditors	387,082	617,900
Taxation and social security	270,775	267,866
Other creditors	255,389	813,133
	918,246	1,718,899

8 Creditors: amounts falling due after more than one year

	2026	2025
	£	£
Bank loans and overdrafts	-	5,000
Other creditors	171,493	214,234
	171,493	219,234

9 Directors' advances, credit and guarantees

During the year the company made advances to the directors. The balance outstanding at the year end was £ 201,833 (2025: £135,933). Interest has been charged on the overdrawn directors loans at the HMRC beneficial loan interest rate of 3.75%.

10 Controlling party

The ultimate parent company is Fortis Contracting (Holdings) Limited, a company whose registered office is H1 Ash Tree Court, Mellors Way, Nottingham Business Park, Nottingham, NG8 6PY

		2026		2025
	Note	£		£
Fixed assets
Tangible assets	5	162,997		171,677
Current assets
Stocks		-		359,013
Debtors	6	1,492,059		1,169,446
Cash at bank and in hand		286,969		1,031,589
		1,779,028		2,560,048
Creditors: amounts falling due within one year	7	(918,246	)	(1,718,899	)
Net current assets		860,782		841,149
Total assets less current liabilities		1,023,779		1,012,826
Creditors: amounts falling due after more than one year	8	(171,493	)	(219,234	)
Net assets		852,286		793,592
Capital and reserves
Called up share capital		100		100
Profit and loss account		852,186		793,492
Shareholders funds		852,286		793,592