REGISTERED NUMBER: 10020159 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2025

for

OB Fencing Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D Oliver

Mr P Brown

REGISTERED OFFICE:

Lynnem House

1 Victoria Way

Burgess Hill

West Sussex

RH15 9NF

REGISTERED NUMBER:

10020159 (England and Wales)

ACCOUNTANTS:

Price Green & Co

Lynnem House

1 Victoria Way

Burgess Hill

West Sussex

RH15 9NF

FIXED ASSETS

Tangible assets

4

4,204

5,313

CURRENT ASSETS

Debtors

5

15,897

34,150

Cash at bank

53,817

66,773

69,714

100,923

CREDITORS

Amounts falling due within one year

6

27,435

34,394

NET CURRENT ASSETS

42,279

66,529

TOTAL ASSETS LESS CURRENT LIABILITIES

46,483

71,842

PROVISIONS FOR LIABILITIES

7

1,051

1,328

NET ASSETS

45,432

70,514

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

45,332

70,414

SHAREHOLDERS' FUNDS

45,432

70,514

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 October 2025 and were signed on its behalf by:

Mr D Oliver - Director

Mr P Brown - Director

1.	STATUTORY INFORMATION

OB Fencing Limited 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.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 March 2024

4,660

32,790

37,450

Additions

291

-

291

At 28 February 2025

4,951

32,790

37,741

DEPRECIATION

At 1 March 2024

4,161

27,976

32,137

Charge for year

197

1,203

1,400

At 28 February 2025

4,358

29,179

33,537

NET BOOK VALUE

At 28 February 2025

593

3,611

4,204

At 29 February 2024

499

4,814

5,313

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade debtors

10,157

31,218

Other debtors

5,740

2,932

15,897

34,150

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade creditors

587

321

Taxation and social security

9,086

12,519

Other creditors

17,762

21,554

27,435

34,394

7.	PROVISIONS FOR LIABILITIES

28.2.25

29.2.24

£

£

Deferred tax

1,051

1,328

Deferred

tax

£

Balance at 1 March 2024

1,328

Accelerated capital allowances

(277

)

Balance at 28 February 2025

1,051

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £63,200 (2024 - £74,000) were paid to the directors .

The company was controlled throughout the period by the directors Mr D Oliver and Mr P Brown.

Included in other creditors is £3,282 (2024 - £5,214) and £12,668 (2024 - £14,549) which is owed to the directors Mr D Oliver and Mr P Brown respectively.