Caseware UK (AP4) 2024.0.164 2024.0.164 2025-04-302025-04-302024-05-01truefalsefalseFencing and landscaping services22trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 05420839 2024-05-01 2025-04-30 05420839 2023-05-01 2024-04-30 05420839 2025-04-30 05420839 2024-04-30 05420839 c:Director1 2024-05-01 2025-04-30 05420839 c:Director2 2024-05-01 2025-04-30 05420839 d:PlantMachinery 2024-05-01 2025-04-30 05420839 d:PlantMachinery 2025-04-30 05420839 d:PlantMachinery 2024-04-30 05420839 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 05420839 d:MotorVehicles 2024-05-01 2025-04-30 05420839 d:MotorVehicles 2025-04-30 05420839 d:MotorVehicles 2024-04-30 05420839 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 05420839 d:FurnitureFittings 2024-05-01 2025-04-30 05420839 d:FurnitureFittings 2025-04-30 05420839 d:FurnitureFittings 2024-04-30 05420839 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 05420839 d:OfficeEquipment 2024-05-01 2025-04-30 05420839 d:OfficeEquipment 2025-04-30 05420839 d:OfficeEquipment 2024-04-30 05420839 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 05420839 d:OwnedOrFreeholdAssets 2024-05-01 2025-04-30 05420839 d:CurrentFinancialInstruments 2025-04-30 05420839 d:CurrentFinancialInstruments 2024-04-30 05420839 d:Non-currentFinancialInstruments 2025-04-30 05420839 d:Non-currentFinancialInstruments 2024-04-30 05420839 d:CurrentFinancialInstruments d:WithinOneYear 2025-04-30 05420839 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 05420839 d:Non-currentFinancialInstruments d:AfterOneYear 2025-04-30 05420839 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 05420839 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2025-04-30 05420839 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-04-30 05420839 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-04-30 05420839 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-04-30 05420839 d:ShareCapital 2025-04-30 05420839 d:ShareCapital 2024-04-30 05420839 d:RetainedEarningsAccumulatedLosses 2025-04-30 05420839 d:RetainedEarningsAccumulatedLosses 2024-04-30 05420839 d:AcceleratedTaxDepreciationDeferredTax 2025-04-30 05420839 d:AcceleratedTaxDepreciationDeferredTax 2024-04-30 05420839 c:FRS102 2024-05-01 2025-04-30 05420839 c:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 05420839 c:FullAccounts 2024-05-01 2025-04-30 05420839 c:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 05420839 e:PoundSterling 2024-05-01 2025-04-30 iso4217:GBP xbrli:pure

Registered number: 05420839










LEE SHARMAN FENCING LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2025

 
LEE SHARMAN FENCING LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF LEE SHARMAN FENCING LIMITED
FOR THE YEAR ENDED 30 APRIL 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Lee Sharman Fencing Limited for the year ended 30 April 2025 which comprise  the Statement of financial position and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of directors of Lee Sharman Fencing Limited, as a body, in accordance with the terms of our engagement letter dated 15th August 2022Our work has been undertaken solely to prepare for your approval the financial statements of Lee Sharman Fencing Limited and state those matters that we have agreed to state to the Board of directors of Lee Sharman Fencing Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lee Sharman Fencing Limited and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Lee Sharman Fencing Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Lee Sharman Fencing Limited. You consider that Lee Sharman Fencing Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Lee Sharman Fencing Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



McColes & Co (Herts) Ltd
 
Chartered Accountants
  
First Floor
28 Whitehorse Street
Baldock
Hertfordshire
SG7 6QQ
26 August 2025
Page 1

 
LEE SHARMAN FENCING LIMITED
REGISTERED NUMBER: 05420839

STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 5 
15,602
19,985

  
15,602
19,985

Current assets
  

Stocks
  
48,232
86,403

Debtors: amounts falling due within one year
 6 
366
366

Cash at bank and in hand
 7 
21,680
11,317

  
70,278
98,086

Creditors: amounts falling due within one year
 8 
(75,224)
(88,126)

Net current (liabilities)/assets
  
 
 
(4,946)
 
 
9,960

Total assets less current liabilities
  
10,656
29,945

Creditors: amounts falling due after more than one year
 9 
(7,333)
(12,133)

Provisions for liabilities
  

Deferred tax
 11 
(2,964)
(3,797)

  
 
 
(2,964)
 
 
(3,797)

Net assets
  
359
14,015


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
357
14,013

  
359
14,015


Page 2

 
LEE SHARMAN FENCING LIMITED
REGISTERED NUMBER: 05420839
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 23 August 2025.




L R Sharman
L C J Sharman
Director
Director

The notes on pages 4 to 9 form part of these financial statements.

Page 3

 
LEE SHARMAN FENCING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

1.Accounting policies

 
1.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
1.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
1.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
1.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 4

 
LEE SHARMAN FENCING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

1.Accounting policies (continued)

 
1.5

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


 
1.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the methods below.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
reducing balance
Motor vehicles
-
25%
reducing balance
Fixtures and fittings
-
25%
straight line
Office equipment
-
33%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 5

 
LEE SHARMAN FENCING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

1.Accounting policies (continued)

 
1.7

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
1.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
1.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
1.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
1.11

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
1.12

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 6

 
LEE SHARMAN FENCING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

2.


General information

The company is a private company, limited by shares and registered in England.
Its registered number is: 05420839
Its Registered Office is:
75 Weston Way
Baldock
Hertfordshire
SG7 6HB


3.


Judgements in applying accounting policies and key sources of estimation uncertainty

There have been no significant judgements made by management in preparing these financial statements.


4.


Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).


5.


Tangible fixed assets





Plant and machinery
Motor vehicles
Fixtures and fittings
Office equipment
Total

£
£
£
£
£



Cost or valuation


At 1 May 2024
4,062
50,339
23,949
3,116
81,466


Additions
2,146
-
-
-
2,146



At 30 April 2025

6,208
50,339
23,949
3,116
83,612



Depreciation


At 1 May 2024
1,400
36,234
21,821
2,025
61,480


Charge for the year on owned assets
1,202
3,526
1,749
53
6,530



At 30 April 2025

2,602
39,760
23,570
2,078
68,010



Net book value



At 30 April 2025
3,606
10,579
379
1,038
15,602



At 30 April 2024
2,662
14,105
2,128
1,090
19,985

Page 7

 
LEE SHARMAN FENCING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

6.


Debtors

2025
2024
£
£


Trade debtors
366
366

366
366



7.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
21,680
11,317

21,680
11,317



8.


Creditors: Amounts falling due within one year

2025
2024
£
£

Payments received on account
3,600
-

Trade creditors
52,812
62,615

Corporation tax
3,933
7,103

Other taxation and social security
11,993
11,425

Obligations under finance lease and hire purchase contracts
800
4,632

Other creditors
6
356

Accruals and deferred income
2,080
1,995

75,224
88,126



9.


Creditors: Amounts falling due after more than one year

2025
2024
£
£

Bank loans
7,333
11,333

Net obligations under finance leases and hire purchase contracts
-
800

7,333
12,133


Page 8

 
LEE SHARMAN FENCING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

10.


Loans


Analysis of the maturity of loans is given below:


2025
2024
£
£


Amounts falling due 1-2 years

Bank loans
4,000
4,000


4,000
4,000

Amounts falling due 2-5 years

Bank loans
3,334
7,333


3,334
7,333


7,334
11,333



11.


Deferred taxation




2025


£






At beginning of year
(3,797)


Utilised in year
833



At end of year
(2,964)

The provision for deferred taxation is made up as follows:

2025
2024
£
£


Accelerated capital allowances
(2,964)
(3,797)

(2,964)
(3,797)


12.


Related party transactions

The amount due to the directors Mr L Sharman and Mrs L Sharman and included in other creditors at the reporting date is £6 (2024: £355).  The loan has an interest rate of 0% and is repayable on demand.

 
Page 9