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REGISTERED NUMBER: 04449240 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Empress Fencing Ltd

Empress Fencing Ltd (Registered number: 04449240)

Contents of the Financial Statements
for the Year Ended 30 April 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Empress Fencing Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTOR: A Ireland





SECRETARY: A Ireland





REGISTERED OFFICE: Suites 5 & 6 The Printworks
Hey Road
Barrow
Clitheroe
Lancashire
BB7 9WB





REGISTERED NUMBER: 04449240 (England and Wales)





ACCOUNTANTS: Bennett Kirkhope Smith
Chartered Certified Accountants
Suites 5 & 6 The Printworks
Hey Road
Barrow
Clitheroe
Lancashire
BB7 9WB

Empress Fencing Ltd (Registered number: 04449240)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,056,316 1,094,919
1,056,316 1,094,919

CURRENT ASSETS
Stocks 205,000 292,260
Debtors 6 87,174 97,439
Investments 7 15,447 15,447
Cash at bank 923,126 872,410
1,230,747 1,277,556
CREDITORS
Amounts falling due within one year 8 316,185 415,705
NET CURRENT ASSETS 914,562 861,851
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,970,878

1,956,770

CREDITORS
Amounts falling due after more than one
year

9

-

(19,500

)

PROVISIONS FOR LIABILITIES 11 (166,014 ) (165,957 )
NET ASSETS 1,804,864 1,771,313

CAPITAL AND RESERVES
Called up share capital 12 3 3
Retained earnings 1,804,861 1,771,310
SHAREHOLDERS' FUNDS 1,804,864 1,771,313

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

Empress Fencing Ltd (Registered number: 04449240)

Balance Sheet - continued
30 April 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 director and authorised for issue on 23 December 2024 and were signed by:





A Ireland - Director


Empress Fencing Ltd (Registered number: 04449240)

Notes to the Financial Statements
for the Year Ended 30 April 2024


1. STATUTORY INFORMATION

Empress Fencing Ltd 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2002, has been fully amortised.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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.
Buildings - 10% on cost and 4% on cost
Plant and machinery - 15% or 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 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.


Empress Fencing Ltd (Registered number: 04449240)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024


2. ACCOUNTING POLICIES - continued
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.

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.

Compliance with accounting standards
The financial statements are prepared in accordance with applicable accounting standards.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 18 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 90,000
AMORTISATION
At 1 May 2023
and 30 April 2024 90,000
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 -

Empress Fencing Ltd (Registered number: 04449240)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024


5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
Buildings machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 May 2023 879,185 1,123,032 55,127 84,740 2,142,084
Additions - 119,458 1,495 - 120,953
Disposals - (40,245 ) - - (40,245 )
At 30 April 2024 879,185 1,202,245 56,622 84,740 2,222,792
DEPRECIATION
At 1 May 2023 321,504 640,701 39,011 45,949 1,047,165
Charge for year 42,339 83,780 3,411 9,700 139,230
Eliminated on disposal - (19,919 ) - - (19,919 )
At 30 April 2024 363,843 704,562 42,422 55,649 1,166,476
NET BOOK VALUE
At 30 April 2024 515,342 497,683 14,200 29,091 1,056,316
At 30 April 2023 557,681 482,331 16,116 38,791 1,094,919

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1 May 2023 317,000
Transfer to ownership (155,000 )
At 30 April 2024 162,000
DEPRECIATION
At 1 May 2023 67,810
Charge for year 23,100
Transfer to ownership (59,811 )
At 30 April 2024 31,099
NET BOOK VALUE
At 30 April 2024 130,901
At 30 April 2023 249,190

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 63,281 70,172
Other debtors 23,893 27,267
87,174 97,439

Empress Fencing Ltd (Registered number: 04449240)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024


7. CURRENT ASSET INVESTMENTS
30.4.24 30.4.23
£    £   
Unlisted investments 15,447 15,447

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Hire purchase contracts 19,500 44,500
Trade creditors 63,308 100,466
Taxation and social security 45,562 101,838
Other creditors 187,815 168,901
316,185 415,705

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Hire purchase contracts - 19,500

10. SECURED DEBTS

The following secured debts are included within creditors:

30.4.24 30.4.23
£    £   
Hire purchase contracts 19,500 64,000

The hire purchase balance is secured on the asset to which it relates.

11. PROVISIONS FOR LIABILITIES
30.4.24 30.4.23
£    £   
Deferred tax 166,014 165,957

Deferred
tax
£   
Balance at 1 May 2023 165,957
Charge to Income Statement during year 57
Balance at 30 April 2024 166,014

Empress Fencing Ltd (Registered number: 04449240)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024


12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
2 Ordinary £1 2 2
1 A Ordinary £1 1 1
3 3

13. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A Ireland.