REGISTERED NUMBER: 01314039 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

ELMWOOD FENCING LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Ms L J Woodley

A J Newland

A J Mold

M S Osborne

SECRETARY:

Ms L J Woodley

REGISTERED OFFICE:

C/O BDA Associates Ltd

Global House

1 Ashley Avenue

Epsom

Surrey

KT18 5AD

REGISTERED NUMBER:

01314039 (England and Wales)

ACCOUNTANTS:

BDA Associates Limited

Chartered Accountants

Global House

1 Ashley Avenue

Epsom

Surrey

KT18 5AD

FIXED ASSETS

Intangible assets

4

1

1

Tangible assets

5

66,816

63,366

66,817

63,367

CURRENT ASSETS

Stocks

285,682

302,665

Debtors

6

427,886

315,495

Cash at bank and in hand

768,469

729,379

1,482,037

1,347,539

CREDITORS

Amounts falling due within one year

7

183,122

208,609

NET CURRENT ASSETS

1,298,915

1,138,930

TOTAL ASSETS LESS CURRENT LIABILITIES

1,365,732

1,202,297

CREDITORS

Amounts falling due after more than one year

8

(25,698

)

-

PROVISIONS FOR LIABILITIES

(8,008

)

(10,111

)

NET ASSETS

1,332,026

1,192,186

CAPITAL AND RESERVES

Called up share capital

9

100

100

Other reserves

916

916

Retained earnings

1,331,010

1,191,170

SHAREHOLDERS' FUNDS

1,332,026

1,192,186

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 20 October 2025 and were signed on its behalf by:

A J Mold - Director

1.	STATUTORY INFORMATION

Elmwood 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of three years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

Fixtures, fittings & equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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 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 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 14 (2024 - 13 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

15,920

AMORTISATION

At 1 April 2024

and 31 March 2025

15,919

NET BOOK VALUE

At 31 March 2025

1

At 31 March 2024

1

5.	TANGIBLE FIXED ASSETS

Fixtures,

Plant and

fittings

Motor

machinery

& equipment

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

42,636

52,269

146,835

241,740

Additions

-

-

39,631

39,631

Disposals

-

-

(27,600

)

(27,600

)

At 31 March 2025

42,636

52,269

158,866

253,771

DEPRECIATION

At 1 April 2024

39,221

51,662

87,491

178,374

Charge for year

854

152

21,267

22,273

Eliminated on disposal

-

-

(13,692

)

(13,692

)

At 31 March 2025

40,075

51,814

95,066

186,955

NET BOOK VALUE

At 31 March 2025

2,561

455

63,800

66,816

At 31 March 2024

3,415

607

59,344

63,366

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

118,937

132,848

Amounts owed by group undertakings

236,800

91,912

Other debtors

72,149

90,735

427,886

315,495

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

4,834

-

Trade creditors

51,775

57,781

Taxation and social security

120,356

144,210

Other creditors

6,157

6,618

183,122

208,609

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

25,698

-

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

100

100