Caseware UK (AP4) 2024.0.164 2024.0.164 2025-02-28 2025-02-28 37 false 2024-03-01 false No description of principal activity 36 true false 00489740 2024-03-01 2025-02-28 00489740 2023-03-01 2024-02-29 00489740 2025-02-28 00489740 2024-02-29 00489740 c:Director1 2024-03-01 2025-02-28 00489740 c:Director2 2024-03-01 2025-02-28 00489740 c:Director3 2024-03-01 2025-02-28 00489740 c:Director4 2024-03-01 2025-02-28 00489740 c:RegisteredOffice 2024-03-01 2025-02-28 00489740 d:PlantMachinery 2024-03-01 2025-02-28 00489740 d:PlantMachinery 2025-02-28 00489740 d:PlantMachinery 2024-02-29 00489740 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 00489740 d:MotorVehicles 2024-03-01 2025-02-28 00489740 d:MotorVehicles 2025-02-28 00489740 d:MotorVehicles 2024-02-29 00489740 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 00489740 d:FurnitureFittings 2024-03-01 2025-02-28 00489740 d:FurnitureFittings 2025-02-28 00489740 d:FurnitureFittings 2024-02-29 00489740 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 00489740 d:OwnedOrFreeholdAssets 2024-03-01 2025-02-28 00489740 d:CurrentFinancialInstruments 2025-02-28 00489740 d:CurrentFinancialInstruments 2024-02-29 00489740 d:Non-currentFinancialInstruments 2025-02-28 00489740 d:Non-currentFinancialInstruments 2024-02-29 00489740 d:CurrentFinancialInstruments d:WithinOneYear 2025-02-28 00489740 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 00489740 d:Non-currentFinancialInstruments d:AfterOneYear 2025-02-28 00489740 d:Non-currentFinancialInstruments d:AfterOneYear 2024-02-29 00489740 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-02-28 00489740 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-02-29 00489740 d:ShareCapital 2025-02-28 00489740 d:ShareCapital 2024-02-29 00489740 d:CapitalRedemptionReserve 2025-02-28 00489740 d:CapitalRedemptionReserve 2024-02-29 00489740 d:RetainedEarningsAccumulatedLosses 2025-02-28 00489740 d:RetainedEarningsAccumulatedLosses 2024-02-29 00489740 c:FRS102 2024-03-01 2025-02-28 00489740 c:Audited 2024-03-01 2025-02-28 00489740 c:FullAccounts 2024-03-01 2025-02-28 00489740 c:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 00489740 c:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 00489740 e:PoundSterling 2024-03-01 2025-02-28 iso4217:GBP xbrli:pure

Company registration number: 00489740
| FINANCIAL STATEMENTS
| FOR THE YEAR ENDED 28 FEBRUARY 2025
| ALLEN (FENCING) LIMITED
ALLEN (FENCING) LIMITED |  |
COMPANY INFORMATION
Directors | P. R. Cope
| M. R. Jones
| T. I. Jones
| G. V. Pinks
Registered number | 00489740
Registered office | Birch Walk
| West Byfleet
| Surrey
| KT14 6EJ
Independent auditors | Menzies LLP
| Chartered Accountants
| Ashcombe House
| 5 The Crescent
| Leatherhead
| Surrey
| KT22 8DY
ALLEN (FENCING) LIMITED |  |
CONTENTS
| Page
Statement of financial position | 1 - 2
Notes to the financial statements | 3 - 8
ALLEN (FENCING) LIMITED REGISTERED NUMBER:00489740 |  |
STATEMENT OF FINANCIAL POSITION AS AT 28 FEBRUARY 2025
|  | 28 February |  | 29 February
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 5 |  | 182,676 |  | 46,221
|  |  | 182,676 |  | 46,221
Current assets |  |  |  |  |
Stocks |  | 35,409 |  | 40,659 |
Debtors: amounts falling due within one year | 6 | 4,719,492 |  | 3,484,860 |
Cash at bank and in hand |  | 438,605 |  | 198,703 |
|  | 5,193,506 |  | 3,724,222 |
Creditors: amounts falling due within one year | 7 | (3,877,032) |  | (2,596,644) |
Net current assets |  |  | 1,316,474 |  | 1,127,578
Total assets less current liabilities |  |  | 1,499,150 |  | 1,173,799
Creditors: amounts falling due after more than one year | 8 |  | (212,750) |  | (145,724)
Provisions for liabilities |  |  |  |  |
Deferred tax |  | (30,707) |  | - |
|  |  | (30,707) |  | -
Net assets |  |  | 1,255,693 |  | 1,028,075
Capital and reserves |  |  |  |  |
Allotted, called up and fully paid share capital |  |  | 901 |  | 901
Capital redemption reserve |  |  | 899 |  | 899
Profit and loss account |  |  | 1,253,893 |  | 1,026,275
|  |  | 1,255,693 |  | 1,028,075
Page 1
ALLEN (FENCING) LIMITED REGISTERED NUMBER:00489740 |  |
STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 28 FEBRUARY 2025 The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
M. R. Jones
Director
Date: 20 October 2025
The notes on pages 3 to 8 form part of these financial statements. Page 2
ALLEN (FENCING) LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025
1. | General information
Allen (Fencing) Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office and the company's registered number is disclosed on the company information page. The Company's functional and presentational currency is GBP, rounded to the nearest £1. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied:
| 2.2 | Going concern
The Company provides essential services to a diverse portfolio of government and private contractors. The Company continues to have a very strong order book. This fact, together with the support of its directors and shareholders and adequate headroom in its overdraft facility over the 12 months from the date of approval of these financial statements gives the directors confidence that the going concern basis of preparation of the accounts continues to be appropriate.
| 2.3 | Revenue
Revenue from the installation of perimeter security fencing represents the value of work completed during the period, including estimates of amounts not invoiced. Revenue in respect of long term contracts and contracts for ongoing services is recognised by reference to stage of completion. Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
| 2.4 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the following methods. The estimated useful lives range as follows:
|  |  |  | Plant and machinery | - | 5% per annum on cost
|  |  |  | Motor vehicles | - | 25-33.3% per annum on cost
|  |  |  | Fixtures and fittings | - | 15-33.3% per annum on cost and 15-33.3% per annum on net book value
Page 3
ALLEN (FENCING) LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 2.Accounting policies (continued)
| 2.4 | Tangible fixed assets (continued)
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
| 2.5 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads. At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
| 2.6 | Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
| 2.7 | Operating leases: the Company as lessee
Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term. Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.
| 2.8 | Pensions
Defined contribution pension plan The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.
| 2.9 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed Page 4
ALLEN (FENCING) LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025 2.Accounting policies (continued)
| 2.9 | Current and deferred taxation (continued)
by the reporting date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
3. | Judgements in applying accounting policies and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Value of bad debt provision: Management apply judgement to determine when a provision is required if trade debtor balances are not deemed to be recoverable to avoid overstatement of assets. This use of estimation is not considered to give rise to a significant degree of uncertainty due to management awareness and ability to review for accuracy. Stage of completion of contracts for WIP calculation: The Company enters into commercial contracts and at period ends is required to assess the level of completion of these contracts, to determine value of revenue recognised and the attributable profit. Management estimate the cost to complete at period end, however based on budgets and an up to date progress review.
4. | Employees
| The average monthly number of employees, including directors, during the year was 37 (2024 -36).
Page 5
ALLEN (FENCING) LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025
5. | Tangible fixed assets
|  | Plant and machinery | Motor vehicles | Fixtures and fittings | Total
|  | £ | £ | £ | £
| Cost |  |  |  |
| At 1 March 2024 | 58,754 | 851,317 | 148,521 | 1,058,592
| Additions | - | 163,508 | - | 163,508
| At 28 February 2025 | 58,754 | 1,014,825 | 148,521 | 1,222,100
| Depreciation |  |  |  |
| At 1 March 2024 | 50,579 | 823,573 | 138,219 | 1,012,371
| Charge for the year | 1,000 | 25,420 | 633 | 27,053
| At 28 February 2025 | 51,579 | 848,993 | 138,852 | 1,039,424
| Net book value |  |  |  |
| At 28 February 2025 | 7,175 | 165,832 | 9,669 | 182,676
| At 29 February 2024 | 8,175 | 27,744 | 10,302 | 46,221
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 1,387,753 | 1,101,628
| Amounts owed by group undertakings | 2,438,232 | 2,239,396
| Other debtors | 96,862 | 15,218
| Prepayments and accrued income | 796,645 | 122,964
| Deferred taxation | - | 5,654
|  | 4,719,492 | 3,484,860
Page 6
ALLEN (FENCING) LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank overdrafts | 3 | 150,280
| Bank loans | 41,667 | 41,667
| Trade creditors | 981,960 | 752,477
| Amounts owed to group undertakings | 970,615 | 736,605
| Corporation tax | - | 118,372
| Other taxation and social security | 60,105 | 46,390
| Obligations under finance lease and hire purchase contracts | 39,671 | 11,280
| Other creditors | 13,280 | 21,071
| Accruals and deferred income | 1,769,731 | 718,502
|  | 3,877,032 | 2,596,644
| The Company's assets are pledged as security over the group bank borrowings, by means of a fixed and floating charge. As at 28 February 2025, the group had bank borrowings totalling £142,364 (2024: £334,308). Obligations under finance lease and hire purchase contracts are secured on the Company's tangible fixed assets.
8. | Creditors: Amounts falling due after more than one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 100,694 | 142,361
| Net obligations under finance leases and hire purchase contracts | 112,056 | 3,363
|  | 212,750 | 145,724
| Obligations under finance lease and hire purchase contract are secured on the Company's tangible fixed assets.
Page 7
ALLEN (FENCING) LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025
9. | Loans
| Analysis of the maturity of loans is given below:
|  |  |  |  | 28 February | 29 February
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts falling due within one year |  |
| Bank loans | 41,667 | 41,667
|  | 41,667 | 41,667
| Amounts falling due 2-5 years |  |
| Bank loans | 100,694 | 142,361
|  | 100,694 | 142,361
|  | 142,361 | 184,028
10. | Related party transactions
| Included in other debtors is an amount owing of £2,269 (2024: £Nil) to the company by one of the directors. Included within other creditors is an amount of £1,500 owing to one of the directors. No interest is charged on balances due to or from directors.
11. | Ultimate parent company
The immediate parent undertaking is AFL Group Limited, a Company which is registered in England and Wales. The ultimate parent undertaking is is Allens TPS Group Limited. The address of its registered office is the same as this Company's registered office and is disclosed on the Company Information page.
12. | Auditors' information
The auditors' report on the financial statements for the year ended 28 February 2025 was unqualified. The audit report was signed on 20 October 2025 by Anna Johnston ACA (Senior statutory auditor) on behalf of Menzies LLP.
Page 8