1 February 2023 false No description of principal activity Taxfiler 2024.6 SC314232business:PrivateLimitedCompanyLtd2023-02-012024-01-31 SC3142322023-01-31 SC3142322023-02-012024-01-31 SC314232business:AuditExemptWithAccountantsReport2023-02-012024-01-31 SC314232business:FilletedAccounts2023-02-012024-01-31 SC3142322024-01-31 SC314232business:Director12023-02-012024-01-31 SC314232business:Director22023-02-012024-01-31 SC314232business:RegisteredOffice2023-02-012024-01-31 SC3142322023-01-31 SC314232core:WithinOneYear2024-01-31 SC314232core:WithinOneYear2023-01-31 SC314232core:AfterOneYear2024-01-31 SC314232core:AfterOneYear2023-01-31 SC314232core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 SC314232core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 SC314232core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 SC314232core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 SC314232core:PreviouslyStatedAmount2024-01-31 SC314232core:PreviouslyStatedAmount2023-01-31 SC314232business:SmallEntities2023-02-012024-01-31 SC314232countries:Scotland2023-02-012024-01-31 SC314232core:LandBuildings2023-02-012024-01-31 SC314232core:PlantMachinery2023-02-012024-01-31 SC314232core:MotorVehicles2023-02-012024-01-31 SC314232core:ComputerEquipment2023-02-012024-01-31 SC314232core:LandBuildings2023-01-31 SC314232core:PlantMachinery2023-01-31 SC314232core:MotorVehicles2023-01-31 SC314232core:ComputerEquipment2023-01-31 SC314232core:LandBuildings2024-01-31 SC314232core:PlantMachinery2024-01-31 SC314232core:MotorVehicles2024-01-31 SC314232core:ComputerEquipment2024-01-31 SC314232core:BetweenOneFiveYears2024-01-31 SC314232core:BetweenOneFiveYears2023-01-31 SC3142322022-02-012023-01-31 iso4217:GBP xbrli:pure
Company Registration No. SC314232 (Scotland)
Carl Saunders Fencing Limited Unaudited accounts for the year ended 31 January 2024
Carl Saunders Fencing Limited Unaudited accounts Contents
Page
- 2 -
Carl Saunders Fencing Limited Company Information for the year ended 31 January 2024
Directors
Carl Edwards Saunders William Paterson Clark
Company Number
SC314232 (Scotland)
Registered Office
21 Hunter Street East Kilbride Glasgow G74 4LZ Scotland
- 3 -
Carl Saunders Fencing Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
396,905 
417,208 
Investments
7,500 
7,500 
404,405 
424,708 
Current assets
Inventories
376,288 
191,525 
Debtors
385,111 
544,929 
Cash at bank and in hand
496,255 
979,988 
1,257,654 
1,716,442 
Creditors: amounts falling due within one year
(475,832)
(456,591)
Net current assets
781,822 
1,259,851 
Total assets less current liabilities
1,186,227 
1,684,559 
Creditors: amounts falling due after more than one year
(224,412)
(288,596)
Provisions for liabilities
Deferred tax
(62,780)
(58,979)
Net assets
899,035 
1,336,984 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
898,935 
1,336,884 
Shareholders' funds
899,035 
1,336,984 
For the year ending 31 January 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 March 2024 and were signed on its behalf by
Carl Edwards Saunders Director Company Registration No. SC314232
- 4 -
Carl Saunders Fencing Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Carl Saunders Fencing Limited is a private company, limited by shares, registered in Scotland, registration number SC314232. The registered office is 21 Hunter Street, East Kilbride, Glasgow, G74 4LZ, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% on cost
Plant & machinery
25% on reducing balance
Motor vehicles
25% on reducing balance
Computer equipment
25% on reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
- 5 -
Carl Saunders Fencing Limited Notes to the Accounts for the year ended 31 January 2024
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 February 2023
48,760 
505,533 
592,140 
10,169 
1,156,602 
Additions
- 
948 
235,215 
560 
236,723 
Disposals
- 
(13,678)
(263,608)
- 
(277,286)
At 31 January 2024
48,760 
492,803 
563,747 
10,729 
1,116,039 
Depreciation
At 1 February 2023
41,091 
353,255 
337,304 
7,744 
739,394 
Charge for the year
2,247 
38,142 
56,610 
747 
97,746 
On disposals
- 
(12,984)
(105,022)
- 
(118,006)
At 31 January 2024
43,338 
378,413 
288,892 
8,491 
719,134 
Net book value
At 31 January 2024
5,422 
114,390 
274,855 
2,238 
396,905 
At 31 January 2023
7,669 
152,278 
254,836 
2,425 
417,208 
5
Investments
Other investments 
£ 
Valuation at 1 February 2023
7,500 
Valuation at 31 January 2024
7,500 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
103,518 
82,541 
Trade debtors
155,284 
325,649 
Accrued income and prepayments
3,583 
3,583 
Other debtors
122,726 
133,156 
385,111 
544,929 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
72,433 
- 
Obligations under finance leases and hire purchase contracts
71,766 
90,135 
Trade creditors
331,552 
339,723 
Taxes and social security
- 
18,924 
Other creditors
81 
236 
Accruals
- 
7,573 
475,832 
456,591 
- 6 -
Carl Saunders Fencing Limited Notes to the Accounts for the year ended 31 January 2024
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
224,412 
288,596 
9
Operating lease commitments
2024 
2023 
£ 
£ 
At 31 January 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
68,883 
90,135 
Later than one year and not later than five years
220,961 
288,596 
289,844 
378,731 
10
Controlling party
The ultimate controlling party is C.E. Saunders.
11
Average number of employees
During the year the average number of employees was 4 (2023: 3).
- 7 -