L.J.S FENCING LTD

Company Registration Number:
10759410 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

L.J.S FENCING LTD

Contents of the Financial Statements

for the Period Ended 31 May 2023

Balance sheet
Notes

L.J.S FENCING LTD

Balance sheet

As at 31 May 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 210,293 175,390
Total fixed assets: 210,293 175,390
Current assets
Stocks: 111,000 73,000
Debtors:   779,360 599,543
Cash at bank and in hand: 170,450 224,289
Total current assets: 1,060,810 896,832
Creditors: amounts falling due within one year: 4 (502,934) (438,536)
Net current assets (liabilities): 557,876 458,296
Total assets less current liabilities: 768,169 633,686
Creditors: amounts falling due after more than one year: 5 (256,223) (279,213)
Provision for liabilities: (35,083) (33,324)
Total net assets (liabilities): 476,863 321,149
Capital and reserves
Called up share capital: 4 4
Profit and loss account: 476,859 321,145
Shareholders funds: 476,863 321,149

The notes form part of these financial statements

L.J.S FENCING LTD

Balance sheet statements

For the year ending 31 May 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 October 2023
and signed on behalf of the board by:

Name: L J STEVENS
Status: Director

The notes form part of these financial statements

L.J.S FENCING LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Valuation and information policy

Stocks and Work in progress are valued at the lower of cost and net realisable value. Cost includes all direct expenses and a proportion of overheads when appropriate.

Other accounting policies

Deferred taxation is provided to the difference between the value of assets per the accounts and written down values at current tax rates.

L.J.S FENCING LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

2. Employees

2023 2022
Average number of employees during the period 17 14

L.J.S FENCING LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Tangible Assets

Total
Cost £
At 01 June 2022 300,776
Additions 102,857
Disposals (28,969)
At 31 May 2023 374,664
Depreciation
At 01 June 2022 125,386
Charge for year 62,157
On disposals (23,172)
At 31 May 2023 164,371
Net book value
At 31 May 2023 210,293
At 31 May 2022 175,390

L.J.S FENCING LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Creditors: amounts falling due within one year note

There are no secured creditors. Amounts falling due for bank loans is £9800Amounts falling due for hire purchase instalments is £36736.Amounts falling due for loan instalments is £40582

L.J.S FENCING LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

5. Creditors: amounts falling due after more than one year note

Amounts falling due between one and five years :Bank loan £24028Hire Purchase £75491Loan £156704