REGISTERED NUMBER: 13916503 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2025

for

Fenrir Construction Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Starkey

D McDonald

REGISTERED OFFICE:

33 Penn Street

Oakham

Rutland

LE15 6BB

REGISTERED NUMBER:

13916503 (England and Wales)

ACCOUNTANTS:

CKBSS Ltd

61A South Street

Oakham

Rutland

LE156BG

FIXED ASSETS

Tangible assets

4

81,356

32,065

CURRENT ASSETS

Stocks

59,749

-

Debtors

5

96,342

101,494

Cash at bank

99,276

76,122

255,367

177,616

CREDITORS

Amounts falling due within one year

6

149,904

96,471

NET CURRENT ASSETS

105,463

81,145

TOTAL ASSETS LESS CURRENT LIABILITIES

186,819

113,210

CREDITORS

Amounts falling due after more than one year

7

(4,335

)

(11,764

)

PROVISIONS FOR LIABILITIES

(19,525

)

(6,092

)

NET ASSETS

162,959

95,354

CAPITAL AND RESERVES

Called up share capital

22

20

Retained earnings

162,937

95,334

162,959

95,354

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 October 2025 and were signed on its behalf by:

A Starkey - Director

D McDonald - Director

1.	STATUTORY INFORMATION

Fenrir Construction 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.

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

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.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year 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 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

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

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 3 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 March 2024

2,662

43,090

588

46,340

Additions

6,388

76,284

2,261

84,933

Disposals

(1,895

)

(13,450

)

-

(15,345

)

At 28 February 2025

7,155

105,924

2,849

115,928

DEPRECIATION

At 1 March 2024

854

13,303

118

14,275

Charge for year

1,321

24,629

546

26,496

Eliminated on disposal

(306

)

(5,893

)

-

(6,199

)

At 28 February 2025

1,869

32,039

664

34,572

NET BOOK VALUE

At 28 February 2025

5,286

73,885

2,185

81,356

At 29 February 2024

1,808

29,787

470

32,065

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade debtors

81,139

97,315

Other debtors

15,203

4,179

96,342

101,494

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Hire purchase contracts

7,429

7,429

Trade creditors

67,464

27,496

Taxation and social security

47,450

43,423

Other creditors

27,561

18,123

149,904

96,471

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.25

29.2.24

£

£

Hire purchase contracts

4,335

11,764