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REGISTERED NUMBER: 06904634 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 MAY 2023

FOR

AA FENCING UK LIMITED

AA FENCING UK LIMITED (REGISTERED NUMBER: 06904634)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 28 May 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AA FENCING UK LIMITED

COMPANY INFORMATION
for the Year Ended 28 May 2023







DIRECTOR: L J Gorman





REGISTERED OFFICE: Edward House
North Mersey Business Centre
Knowsley Industrial Park
Liverpool
Merseyside
L33 7UY





REGISTERED NUMBER: 06904634 (England and Wales)





ACCOUNTANTS: Williamson Croft (Liverpool) Limited
Chartered Certified Accountants
Edward House
North Mersey Business Centre
Knowsley Industrial Park
Liverpool
Merseyside
L33 7UY

AA FENCING UK LIMITED (REGISTERED NUMBER: 06904634)

BALANCE SHEET
28 May 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 290,116 348,389

CURRENT ASSETS
Stocks 294,000 245,000
Debtors 5 447,916 673,997
Cash at bank 2,199,701 1,380,168
2,941,617 2,299,165
CREDITORS
Amounts falling due within one year 6 2,577,576 2,027,410
NET CURRENT ASSETS 364,041 271,755
TOTAL ASSETS LESS CURRENT
LIABILITIES

654,157

620,144

CREDITORS
Amounts falling due after more than one year 7 40,708 124,906
NET ASSETS 613,449 495,238

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 613,349 495,138
SHAREHOLDERS' FUNDS 613,449 495,238

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 May 2023 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.

AA FENCING UK LIMITED (REGISTERED NUMBER: 06904634)

BALANCE SHEET - continued
28 May 2023


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 February 2024 and were signed by:





L J Gorman - Director


AA FENCING UK LIMITED (REGISTERED NUMBER: 06904634)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 28 May 2023


1. STATUTORY INFORMATION

AA Fencing UK 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
This is the first time adoption of Financial Reporting Standard 102; there are no effects on transition which require disclosure in these financial statements.

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 each asset over its estimated useful life.
Plant and machinery etc. - at varying rates on cost

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 Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss 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.

AA FENCING UK LIMITED (REGISTERED NUMBER: 06904634)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 May 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 42 (2022 - 40 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc.
£   
COST
At 29 May 2022 988,663
Additions 86,789
Disposals (9,275 )
At 28 May 2023 1,066,177
DEPRECIATION
At 29 May 2022 640,274
Charge for year 145,062
Eliminated on disposal (9,275 )
At 28 May 2023 776,061
NET BOOK VALUE
At 28 May 2023 290,116
At 28 May 2022 348,389

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 440,337 391,405
Other debtors 7,579 282,592
447,916 673,997

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts - 5,833
Hire purchase contracts 54,198 71,303
Trade creditors 1,652,076 1,196,775
Taxation and social security 467,101 332,010
Other creditors 404,201 421,489
2,577,576 2,027,410

AA FENCING UK LIMITED (REGISTERED NUMBER: 06904634)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 May 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 38,333
Hire purchase contracts 40,708 86,573
40,708 124,906

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts 94,906 157,876

9. RELATED PARTY DISCLOSURES

The controlling party is L J Gorman.