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REGISTERED NUMBER: 07959086 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Holdan Fencing Limited

Holdan Fencing Limited (Registered number: 07959086)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Holdan Fencing Limited

Company Information
for the Year Ended 29 February 2024







DIRECTORS: Mr D L Palmer
Mrs E Palmer





REGISTERED OFFICE: 5 Pond Cottages
Manningtree Road
Stutton
Ipswich
Suffolk
IP9 2TG





REGISTERED NUMBER: 07959086 (England and Wales)





ACCOUNTANTS: Black Barn Accountants Ltd
The Technology Centre
Station Road
Framlingham
Woodbridge
Suffolk
IP13 9EZ

Holdan Fencing Limited (Registered number: 07959086)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 23,301 40,715

CURRENT ASSETS
Debtors 5 91,667 116,681
Cash at bank 71,384 22,784
163,051 139,465
CREDITORS
Amounts falling due within one year 6 55,480 43,939
NET CURRENT ASSETS 107,571 95,526
TOTAL ASSETS LESS CURRENT
LIABILITIES

130,872

136,241

CREDITORS
Amounts falling due after more than one
year

7

(12,500

)

(18,500

)

PROVISIONS FOR LIABILITIES (5,825 ) (7,736 )
NET ASSETS 112,547 110,005

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 112,447 109,905
SHAREHOLDERS' FUNDS 112,547 110,005

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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.

Holdan Fencing Limited (Registered number: 07959086)

Balance Sheet - continued
29 February 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 September 2024 and were signed on its behalf by:





Mr D L Palmer - Director


Holdan Fencing Limited (Registered number: 07959086)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Holdan 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.

2. ACCOUNTING POLICIES

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

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant & equipment - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

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.

Holdan Fencing Limited (Registered number: 07959086)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant & Motor Computer
equipment vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2023 15,721 67,078 2,832 85,631
Additions 3,299 6,800 848 10,947
Disposals (4,423 ) (27,330 ) - (31,753 )
At 29 February 2024 14,597 46,548 3,680 64,825
DEPRECIATION
At 1 March 2023 11,981 30,605 2,330 44,916
Charge for year 657 4,986 296 5,939
Eliminated on disposal (2,498 ) (6,833 ) - (9,331 )
At 29 February 2024 10,140 28,758 2,626 41,524
NET BOOK VALUE
At 29 February 2024 4,457 17,790 1,054 23,301
At 28 February 2023 3,740 36,473 502 40,715

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:
Motor
vehicles
£   
COST
At 1 March 2023
and 29 February 2024 14,617
DEPRECIATION
At 1 March 2023 11,365
Charge for year 813
At 29 February 2024 12,178
NET BOOK VALUE
At 29 February 2024 2,439
At 28 February 2023 3,252

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 48,626 60,140
Other debtors 43,041 56,541
91,667 116,681

Holdan Fencing Limited (Registered number: 07959086)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans 6,000 6,000
Trade creditors 8,763 13,034
Taxation & social security 37,428 22,486
Other creditors 3,289 2,419
55,480 43,939

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Bank loans 12,500 18,500