IRIS Accounts Production v18.3.0.592 04441078 Board of Directors 1.6.17 31.5.18 31.5.18 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure044410782017-05-31044410782018-05-31044410782017-06-012018-05-31044410782016-05-31044410782016-06-012017-05-31044410782017-05-3104441078ns15:EnglandWales2017-06-012018-05-3104441078ns14:PoundSterling2017-06-012018-05-3104441078ns10:Director12017-06-012018-05-3104441078ns10:PrivateLimitedCompanyLtd2017-06-012018-05-3104441078ns10:SmallEntities2017-06-012018-05-3104441078ns10:AuditExempt-NoAccountantsReport2017-06-012018-05-3104441078ns10:SmallCompaniesRegimeForDirectorsReport2017-06-012018-05-3104441078ns10:SmallCompaniesRegimeForAccounts2017-06-012018-05-3104441078ns10:AbridgedAccounts2017-06-012018-05-310444107812017-06-012018-05-3104441078ns10:Director22017-06-012018-05-3104441078ns10:RegisteredOffice2017-06-012018-05-3104441078ns5:CurrentFinancialInstruments2018-05-3104441078ns5:CurrentFinancialInstruments2017-05-3104441078ns5:Non-currentFinancialInstruments2018-05-3104441078ns5:Non-currentFinancialInstruments2017-05-3104441078ns5:ShareCapital2018-05-3104441078ns5:ShareCapital2017-05-3104441078ns5:RetainedEarningsAccumulatedLosses2018-05-3104441078ns5:RetainedEarningsAccumulatedLosses2017-05-3104441078ns5:NetGoodwill2017-06-012018-05-3104441078ns5:PlantMachinery2017-06-012018-05-3104441078ns5:FurnitureFittings2017-06-012018-05-3104441078ns5:MotorVehicles2017-06-012018-05-3104441078ns5:ComputerEquipment2017-06-012018-05-31


REGISTERED NUMBER: 04441078 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2018

FOR

UPMINSTER FENCING LIMITED

UPMINSTER FENCING LIMITED (REGISTERED NUMBER: 04441078)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 May 2018




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


UPMINSTER FENCING LIMITED

COMPANY INFORMATION
for the year ended 31 May 2018







DIRECTORS: Mr P A Simmonds
Mrs S L Simmonds-Edge





REGISTERED OFFICE: 19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD





REGISTERED NUMBER: 04441078 (England and Wales)





ACCOUNTANTS: Raffingers LLP
Chartered Certified Accountants
19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD

UPMINSTER FENCING LIMITED (REGISTERED NUMBER: 04441078)

ABRIDGED BALANCE SHEET
31 May 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 15,973 18,780
15,973 18,780

CURRENT ASSETS
Stocks 6,950 7,250
Cash at bank and in hand 32,488 48,301
39,438 55,551
CREDITORS
Amounts falling due within one year 40,838 50,661
NET CURRENT (LIABILITIES)/ASSETS (1,400 ) 4,890
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,573

23,670

CREDITORS
Amounts falling due after more than one
year

-

(4,553

)

PROVISIONS FOR LIABILITIES (3,035 ) (3,597 )
NET ASSETS 11,538 15,520

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 11,438 15,420
SHAREHOLDERS' FUNDS 11,538 15,520

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2018 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.

UPMINSTER FENCING LIMITED (REGISTERED NUMBER: 04441078)

ABRIDGED BALANCE SHEET - continued
31 May 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 May 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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 on 26 October 2018 and were signed on its behalf by:





Mr P A Simmonds - Director


UPMINSTER FENCING LIMITED (REGISTERED NUMBER: 04441078)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 May 2018

1. STATUTORY INFORMATION

Upminster Fencing 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.

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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on the going concern basis even though the company's current
liabilities exceed its current assets due to the continued support of the directors.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off 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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due 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.

UPMINSTER FENCING LIMITED (REGISTERED NUMBER: 04441078)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 May 2018

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases
are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element
of the future payments is treated as a liability.

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 7 (2017 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2017
and 31 May 2018 60,000
AMORTISATION
At 1 June 2017
and 31 May 2018 60,000
NET BOOK VALUE

At 31 May 2018 -
At 31 May 2017 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2017 52,750
Additions 2,515
At 31 May 2018 55,265
DEPRECIATION
At 1 June 2017 33,970
Charge for year 5,322
At 31 May 2018 39,292
NET BOOK VALUE
At 31 May 2018 15,973
At 31 May 2017 18,780

UPMINSTER FENCING LIMITED (REGISTERED NUMBER: 04441078)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 May 2018

5. TANGIBLE FIXED ASSETS - continued

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

Totals
£   
COST
At 1 June 2017
and 31 May 2018 14,619
DEPRECIATION
At 1 June 2017 8,452
Charge for year 1,541
At 31 May 2018 9,993
NET BOOK VALUE
At 31 May 2018 4,626
At 31 May 2017 6,167

6. SECURED DEBTS

The following secured debts are included within creditors:

2018 2017
£    £   
Hire purchase contracts - 7,037

7. RELATED PARTY DISCLOSURES

The company was controlled throughout the current and previous years by the director, Mr P A Simmonds and
Mrs S L Simmonds-Edge by virtue of his ownership of the entire issued share capital.

At the balance sheet date the company owed £1,349 (2017 - £1,969) to the director.