Hartlington Fencing Supplies Ltd 30/06/2025 iXBRL

Company registration number: 14813356

Hartlington Fencing Supplies Ltd

Unaudited filleted financial statements

30 June 2025

Hartlington Fencing Supplies Ltd

Contents

Statement of financial position

Statement of changes in equity

Notes to the financial statements

Hartlington Fencing Supplies Ltd

Statement of financial position

30 June 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	121,876		100,846
		_______		_______
			121,876		100,846

Current assets
Stocks		240,453		264,913
Debtors	6	345,821		297,400
Cash at bank and in hand		244,656		225,703
		_______		_______
		830,930		788,016
Creditors: amounts falling due
within one year	7	( 368,174)		( 563,839)
		_______		_______
Net current assets			462,756		224,177
			_______		_______
Total assets less current liabilities			584,632		325,023


Provisions for liabilities			( 30,469)		( 25,212)

			_______		_______
Net assets			554,163		299,811
			_______		_______

Capital and reserves
Called up share capital			100		100
Profit and loss account			554,063		299,711
			_______		_______
Shareholders funds			554,163		299,811
			_______		_______

For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

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

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 30 October 2025 , and are signed on behalf of the board by:

Mr M W Daggett Mr N J Daggett

Director Director

Company registration number: 14813356

Hartlington Fencing Supplies Ltd

Statement of changes in equity

Year ended 30 June 2025

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 July 2023	-	-	-

Profit for the year		305,711	305,711
	_______	_______	_______
Total comprehensive income for the year	-	305,711	305,711

Issue of shares	100		100
Dividends paid and payable		( 6,000)	( 6,000)
	_______	_______	_______
Total investments by and distributions to owners	100	( 6,000)	( 5,900)

	_______	_______	_______
At 30 June 2024 and 1 July 2024	100	299,711	299,811

Profit for the year		284,352	284,352
	_______	_______	_______
Total comprehensive income for the year	-	284,352	284,352

Dividends paid and payable		( 30,000)	( 30,000)
	_______	_______	_______
Total investments by and distributions to owners	-	( 30,000)	( 30,000)

	_______	_______	_______
At 30 June 2025	100	554,063	554,163
	_______	_______	_______

Hartlington Fencing Supplies Ltd

Notes to the financial statements

Year ended 30 June 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Hartlington Fencing Supplies, Wharfe House Farm, Burnsall, Skipton, North Yorkshire, BD23 6BY.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.Tax deferred or accelerated is accounted for in respect of all material timing differences, in particular accelerated capital allowances and revaluation gains on investment properties. All deferred tax is charged/(credited) to the Statement of Income and Retained Earnings

Tangible assets

Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses.Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingl. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Provisions

Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in a settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis.

Financial instruments

The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, bank loans and directors' loans.Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method. Directors' loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 9 (2024: 9 ).

5. Tangible assets

	Plant and machinery	Motor vehicles	Total
	£	£	£
Cost
At 1 July 2024	109,687	-	109,687
Additions	-	43,390	43,390
	_______	_______	_______
At 30 June 2025	109,687	43,390	153,077
	_______	_______	_______
Depreciation
At 1 July 2024	8,841	-	8,841
Charge for the year	15,128	7,232	22,360
	_______	_______	_______
At 30 June 2025	23,969	7,232	31,201
	_______	_______	_______
Carrying amount
At 30 June 2025	85,718	36,158	121,876
	_______	_______	_______
At 30 June 2024	100,846	-	100,846
	_______	_______	_______

6. Debtors

	2025	2024
	£	£
Trade debtors	343,823	282,572
Other debtors	1,998	14,828
	_______	_______
	345,821	297,400
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	162,487	165,720
Corporation tax	89,526	76,546
Social security and other taxes	26,559	32,797
Other creditors	89,602	288,776
	_______	_______
	368,174	563,839
	_______	_______