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REGISTERED NUMBER: 15116747 (England and Wales)















Unaudited Financial Statements

for the Period 5 September 2023 to 30 September 2024

for

Howe Safety Fencing Ltd

Howe Safety Fencing Ltd (Registered number: 15116747)






Contents of the Financial Statements
for the Period 5 September 2023 to 30 September 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Howe Safety Fencing Ltd

Company Information
for the Period 5 September 2023 to 30 September 2024







DIRECTOR: Mr J D Howe





REGISTERED OFFICE: 18 St Christopher's Way
Pride Park
Derby
DE24 8JY





REGISTERED NUMBER: 15116747 (England and Wales)





ACCOUNTANTS: Franklins
18 St Christopher's Way
Pride Park
Derby
Derbyshire
DE24 8JY

Howe Safety Fencing Ltd (Registered number: 15116747)

Statement of Financial Position
30 September 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 37,187

CURRENT ASSETS
Debtors 5 64,244
Cash at bank 13,310
77,554
CREDITORS
Amounts falling due within one year 6 35,097
NET CURRENT ASSETS 42,457
TOTAL ASSETS LESS CURRENT
LIABILITIES

79,644

CREDITORS
Amounts falling due after more than one
year

7

(5,694

)

PROVISIONS FOR LIABILITIES (9,297 )
NET ASSETS 64,653

CAPITAL AND RESERVES
Called up share capital 9 1
Retained earnings 64,652
SHAREHOLDERS' FUNDS 64,653

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 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.

Howe Safety Fencing Ltd (Registered number: 15116747)

Statement of Financial Position - continued
30 September 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 May 2025 and were signed by:





Mr J D Howe - Director


Howe Safety Fencing Ltd (Registered number: 15116747)

Notes to the Financial Statements
for the Period 5 September 2023 to 30 September 2024

1. STATUTORY INFORMATION

Howe Safety 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.

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 and machinery - 50% on cost and 33% on cost
Motor vehicles - 33% on cost and 25% on cost
Computer equipment - 25% on cost

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

Howe Safety Fencing Ltd (Registered number: 15116747)

Notes to the Financial Statements - continued
for the Period 5 September 2023 to 30 September 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
Additions 4,090 41,595 531 46,216
Disposals (393 ) - - (393 )
At 30 September 2024 3,697 41,595 531 45,823
DEPRECIATION
Charge for period 1,050 7,623 78 8,751
Eliminated on disposal (115 ) - - (115 )
At 30 September 2024 935 7,623 78 8,636
NET BOOK VALUE
At 30 September 2024 2,762 33,972 453 37,187

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 11,495
At 30 September 2024 11,495
DEPRECIATION
Charge for period 1,277
At 30 September 2024 1,277
NET BOOK VALUE
At 30 September 2024 10,218

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 30,322
Other debtors 17,452
Directors' current accounts 1,777
VAT 5,614
Prepayments and accrued income 9,079
64,244

Howe Safety Fencing Ltd (Registered number: 15116747)

Notes to the Financial Statements - continued
for the Period 5 September 2023 to 30 September 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts (see note 8) 7,772
Hire purchase contracts 3,689
Trade creditors 3,565
Tax 9,424
Other creditors 7,791
Accruals and deferred income 2,856
35,097

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Bank loans (see note 8) 1,908
Hire purchase contracts 3,786
5,694

8. LOANS

An analysis of the maturity of loans is given below:

£   
Amounts falling due within one year or on demand:
Bank loans 7,772

Amounts falling due between one and two years:
Bank loans - 1-2 years 1,908

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
1 Ordinary £1 1

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30 September 2024:

£   
Mr J D Howe
Balance outstanding at start of period -
Amounts advanced 31,776
Amounts repaid (29,999 )
Amounts written off -
Amounts waived -
Balance outstanding at end of period 1,777

The overdrawn director's loan account was repaid within nine months of the year end. Interest was not charged on the overdrawn director's loan account as the balance did not exceed £10,000 during the year.