4_FABRICATIONS_LIMITED - Accounts

4 FABRICATIONS LIMITED - Company Information

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Company Registration No. 04242383 (England and Wales)

4 FABRICATIONS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2014

4 FABRICATIONS LIMITED

CONTENTS

Page

Accountants' report

Abbreviated balance sheet

Notes to the abbreviated accounts

3 - 4

4 FABRICATIONS LIMITED

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF 4 FABRICATIONS LIMITED FOR THE YEAR ENDED 31 AUGUST 2014

- 1 -

The following reproduces the text of the Accountants' Report prepared in respect of the company's annual unaudited financial statements, from which the unaudited abbreviated financial statements set out on pages 2 to 4 have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of 4 Fabrications Limited for the year ended 31 August 2014 set out on pages 3 to 8 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www2.accaglobal.com/members/professional_standards/rules_standards/rulebook.

This report is made solely to the Board of Directors of 4 Fabrications Limited, as a body, in accordance with the terms of our engagement letter dated 18 February 2013. Our work has been undertaken solely to prepare for your approval the financial statements of 4 Fabrications Limited and state those matters that we have agreed to state to the Board of Directors of 4 Fabrications Limited, as a body, in this report in accordance with the requirements of Association of Chartered Certified Accountants as detailed at http://www2.accaglobal.com/members/publications/technical_factsheets/downloads/163.doc. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 4 Fabrications Limited and it's Board of Directors as a body, for our work or for this report.

It is your duty to ensure that 4 Fabrications Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of 4 Fabrications Limited. You consider that 4 Fabrications Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of 4 Fabrications Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Baldwin Gravestock & Owen Limited

30 January 2015

Chartered Certified Accountants

St David's Court

Union Street

Wolverhampton

West Midlands

WV1 3JE

4 FABRICATIONS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 AUGUST 2014

- 2 -

2014

2013

Notes

Fixed assets

Intangible assets

1,124

1,687

Tangible assets

4,234

4,395

5,358

6,082

Current assets

Stocks

1,963

2,709

Debtors

76,330

53,136

Cash at bank and in hand

20,455

34,344

98,748

90,189

Creditors: amounts falling due within one year

(72,119)

(70,991)

Net current assets

26,629

19,198

Total assets less current liabilities

31,987

25,280

Capital and reserves

Called up share capital

204

Profit and loss account

31,783

25,076

Shareholders' funds

31,987

25,280

For the financial year ended 31 August 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 19 January 2015

Mr David Scott

Mr Ian Hetherington

Mr David Horspool

Director

Company Registration No. 04242383

4 FABRICATIONS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2014

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

25% per annum straight line

Computer equipment

33.33% per annum straight line

Fixtures, fittings & equipment

25% per annum straight line

Motor vehicles

25% per annum straight line

1.5

Stock

Stock is valued at the lower of cost and net realisable value.

1.6

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

4 FABRICATIONS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2014

- 4 -

Fixed assets

Intangible assets

Tangible assets

Total

Cost

At 1 September 2013

81,325

Additions

2,250

3,349

5,599

At 31 August 2014

2,250

84,674

86,924

Depreciation

At 1 September 2013

563

76,930

77,493

Charge for the year

563

3,510

4,073

At 31 August 2014

1,126

80,440

81,566

Net book value

At 31 August 2014

1,124

4,234

5,358

At 31 August 2013

1,687

4,395

6,082

Share capital

2014

2013

Allotted, called up and fully paid

204 ordinary shares of £1 each

204