REGISTERED NUMBER: 00455058

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

CCP FENCING SPECIALISTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTORS:

F Llewellyn

F Kempster

SECRETARY:

F Llewellyn

REGISTERED OFFICE:

Wernddu Works

Caerphilly

CF83 1UG

REGISTERED NUMBER:

00455058

ACCOUNTANTS:

Hayvenhursts

Fairway House

Links Business Park

St Mellons

Cardiff

CF3 0LT

BANKERS:

Barclays Bank plc

The Twyn

Caerphilly

Mid Glamorgan

CF83 1UE

FIXED ASSETS

Tangible assets

5

14,655

17,706

Investments

6

220

220

14,875

17,926

CURRENT ASSETS

Stocks

7

130,000

130,000

Debtors

8

21,049

5,689

Cash in hand

351

351

151,400

136,040

CREDITORS

Amounts falling due within one year

9

(60,883

)

(68,466

)

NET CURRENT ASSETS

90,517

67,574

TOTAL ASSETS LESS CURRENT LIABILITIES

105,392

85,500

CREDITORS

Amounts falling due after more than one year

10

(101,685

)

(78,865

)

PROVISIONS FOR LIABILITIES

13

(1,843

)

(1,843

)

NET ASSETS

1,864

4,792

CAPITAL AND RESERVES

Called up share capital

14

25,476

25,476

Revaluation reserve

15

47,484

47,484

Capital redemption reserve

15

4,524

4,524

Retained earnings

15

(75,620

)

(72,692

)

SHAREHOLDERS' FUNDS

1,864

4,792

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

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

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 25 August 2025 and were signed on its behalf by:

F Llewellyn - Director

1.	STATUTORY INFORMATION

CCP Fencing Specialists Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates

The financial statements are prepared under the going concern basis. The directors believe this is appropriate as they believe that the company has the necessary resources at its disposal to meet its liabilities as they fall due.

The directors are also of the view that COVID - 19 does not impact the company's ability to continue as a going concern and has sufficient cash and liquidity to fund the company's operations as necessary.

The Directors have a reasonable expectation that the company has adequate resources to continue in operational existence for a period of 12 months from the date of approval of these financial statements.

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.

Short leasehold

-

2% on cost

Plant and machinery

-

15% on cost

Computer equipment

-

15% 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Short

Plant and

Computer

leasehold

machinery

equipment

Totals

£

£

£

£

COST

At 1 January 2024

and 31 December 2024

90,000

222,740

1,291

314,031

DEPRECIATION

At 1 January 2024

82,859

212,690

776

296,325

Charge for year

2,857

-

194

3,051

At 31 December 2024

85,716

212,690

970

299,376

NET BOOK VALUE

At 31 December 2024

4,284

10,050

321

14,655

At 31 December 2023

7,141

10,050

515

17,706

6.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

2024

2023

£

£

Listed investment

220

220

7.

STOCKS

2024

2023

£

£

Stock and work in progress

130,000

130,000

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

19,712

4,440

Prepayments

1,337

1,249

21,049

5,689

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

28,553

32,486

Trade creditors

11,960

14,662

Social security and other taxes

3,956

3,323

Accrued expenses

16,414

17,995

60,883

68,466

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 1-2 years

7,000

7,000

Bank loans - 2-5 years

4,501

14,975

Other creditors

90,184

56,890

101,685

78,865

11.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2024

2023

£

£

Between one and five years

24,000

24,000

12.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank overdrafts

25,053

28,986

13.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred taxation

1,843

1,843

Deferred

tax

£

Balance at 1 January 2024

1,843

Balance at 31 December 2024

1,843

14.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

23,476

Ordinary

£1

23,476

23,476

2,000

Preference

£1

2,000

2,000

25,476

25,476

15.

RESERVES

Capital

Retained

Revaluation

redemption

earnings

reserve

reserve

Totals

£

£

£

£

At 1 January 2024

(72,692

)

47,484

4,524

(20,684

)

Deficit for the year

(2,928

)

(2,928

)

At 31 December 2024

(75,620

)

47,484

4,524

(23,612

)

16.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in other creditors are amounts due to the directors, these amounts are interest free .

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of CCP Fencing Specialists Limited for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of CCP Fencing Specialists Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of CCP Fencing Specialists Limited and state those matters that we have agreed to state to the Board of Directors of CCP Fencing Specialists Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CCP Fencing Specialists Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that CCP Fencing Specialists 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 loss of CCP Fencing Specialists Limited. You consider that CCP Fencing Specialists Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of CCP Fencing Specialists 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.

Hayvenhursts

Fairway House

Links Business Park

St Mellons

Cardiff

CF3 0LT

28 August 2025