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Company Registration No. 10846866 (England and Wales)
Cothi Fencing Supplies Ltd Unaudited accounts for the year ended 31 July 2024
Cothi Fencing Supplies Ltd Unaudited accounts Contents
Page
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Cothi Fencing Supplies Ltd Company Information for the year ended 31 July 2024
Directors
Mrs B J Pope Mr G Taylor
Company Number
10846866 (England and Wales)
Registered Office
Timber Treatment Plant Derwen Fawr Pumsaint Llanwrda Carmarthenshire SA19 8SY Wales
Accountants
Waltwood Accountants 46 Gurnos Road Ystalyfera Swansea SA9 2HY
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Cothi Fencing Supplies Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
172,405 
193,145 
Tangible assets
848,227 
893,164 
1,020,632 
1,086,309 
Current assets
Inventories
501,214 
327,038 
Debtors
290,375 
408,686 
Cash at bank and in hand
81,466 
46,753 
873,055 
782,477 
Creditors: amounts falling due within one year
(523,745)
(919,752)
Net current assets/(liabilities)
349,310 
(137,275)
Total assets less current liabilities
1,369,942 
949,034 
Creditors: amounts falling due after more than one year
(872,478)
(519,712)
Net assets
497,464 
429,322 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
497,463 
429,321 
Shareholders' funds
497,464 
429,322 
For the year ending 31 July 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 13 August 2024 and were signed on its behalf by
Mrs B J Pope Director Company Registration No. 10846866
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Cothi Fencing Supplies Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Cothi Fencing Supplies Ltd is a private company, limited by shares, registered in England and Wales, registration number 10846866. The registered office is Timber Treatment Plant, Derwen Fawr, Pumsaint, Llanwrda, Carmarthenshire, SA19 8SY, Wales.
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:
Plant & machinery
10% Reducing Balance
Motor vehicles
15% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
Other 
Total 
£ 
£ 
£ 
Cost
At 1 August 2023
212,400 
1,985 
214,385 
Additions
- 
500 
500 
At 31 July 2024
212,400 
2,485 
214,885 
Amortisation
At 1 August 2023
21,240 
- 
21,240 
Charge for the year
21,240 
- 
21,240 
At 31 July 2024
42,480 
- 
42,480 
Net book value
At 31 July 2024
169,920 
2,485 
172,405 
At 31 July 2023
191,160 
1,985 
193,145 
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Cothi Fencing Supplies Ltd Notes to the Accounts for the year ended 31 July 2024
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2023
14,072 
1,044,291 
413,150 
1,471,513 
Additions
- 
301,700 
- 
301,700 
Disposals
- 
(249,613)
- 
(249,613)
At 31 July 2024
14,072 
1,096,378 
413,150 
1,523,600 
Depreciation
At 1 August 2023
- 
390,132 
188,217 
578,349 
Charge for the year
- 
72,032 
24,992 
97,024 
At 31 July 2024
- 
462,164 
213,209 
675,373 
Net book value
At 31 July 2024
14,072 
634,214 
199,941 
848,227 
At 31 July 2023
14,072 
654,159 
224,933 
893,164 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
290,375 
408,686 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
VAT
84,261 
392,342 
Obligations under finance leases and hire purchase contracts
246,212 
167,497 
Trade creditors
122,887 
69,776 
Taxes and social security
60,385 
280,137 
523,745 
919,752 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
10,000 
18,333 
Obligations under finance leases and hire purchase contracts
349,314 
356,412 
Loans from directors
513,164 
144,967 
872,478 
519,712 
9
Average number of employees
During the year the average number of employees was 12 (2023: 12).
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