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REGISTERED NUMBER: 07540259 (England and Wales)






















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

SECURE FENCING LIMITED

SECURE FENCING LIMITED (REGISTERED NUMBER: 07540259)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SECURE FENCING LIMITED

COMPANY INFORMATION
for the Year Ended 31 August 2024







DIRECTORS: D F Rainger
H Rainger





REGISTERED OFFICE: Unit 3
Webber Road
Knowsley Industrial Park
Liverpool
Merseyside
L33 7SW





REGISTERED NUMBER: 07540259 (England and Wales)





ACCOUNTANTS: Fairhurst Accountants Ltd
Chartered Accountants
Douglas Bank House
Wigan Lane
Wigan
Lancashire
WN1 2TB

SECURE FENCING LIMITED (REGISTERED NUMBER: 07540259)

BALANCE SHEET
31 August 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 521,493 151,495

CURRENT ASSETS
Stocks 158,000 360,000
Debtors 5 317,751 33,278
Cash at bank and in hand 350,186 597,568
825,937 990,846
CREDITORS
Amounts falling due within one year 6 413,581 476,234
NET CURRENT ASSETS 412,356 514,612
TOTAL ASSETS LESS CURRENT
LIABILITIES

933,849

666,107

CREDITORS
Amounts falling due after more than one
year

7

(287,944

)

(16,393

)

PROVISIONS FOR LIABILITIES (45,383 ) (45,383 )
NET ASSETS 600,522 604,331

CAPITAL AND RESERVES
Called up share capital 105 100
Retained earnings 600,417 604,231
SHAREHOLDERS' FUNDS 600,522 604,331

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

SECURE FENCING LIMITED (REGISTERED NUMBER: 07540259)

BALANCE SHEET - continued
31 August 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 6 March 2025 and were signed on its behalf by:





D F Rainger - Director


SECURE FENCING LIMITED (REGISTERED NUMBER: 07540259)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Secure 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 represents the net invoiced value of goods sold, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Motor vehicles - 20% on cost
Computer equipment - 33% 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 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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

SECURE FENCING LIMITED (REGISTERED NUMBER: 07540259)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 August 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 8 ) .

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 September 2023 - 50,294 310,028 9,761 370,083
Additions 365,500 - 68,793 - 434,293
At 31 August 2024 365,500 50,294 378,821 9,761 804,376
DEPRECIATION
At 1 September 2023 - 26,026 182,801 9,761 218,588
Charge for year - 4,854 59,441 - 64,295
At 31 August 2024 - 30,880 242,242 9,761 282,883
NET BOOK VALUE
At 31 August 2024 365,500 19,414 136,579 - 521,493
At 31 August 2023 - 24,268 127,227 - 151,495

The net book value of tangible fixed assets includes £ 37,816 (2023 - £ 64,004 ) in respect of assets held under hire purchase contracts.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 316,746 33,278
Other debtors 1,005 -
317,751 33,278

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 9,175 -
Hire purchase contracts 18,426 13,334
Trade creditors 183,815 240,830
Taxation and social security 196,625 216,530
Other creditors 5,540 5,540
413,581 476,234

SECURE FENCING LIMITED (REGISTERED NUMBER: 07540259)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 August 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 247,875 -
Hire purchase contracts 40,069 16,393
287,944 16,393

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 175,174 -

8. ULTIMATE CONTROLLING PARTY

The controlling party is D F Rainger.