REGISTERED NUMBER: 04662427 (England and Wales)

Report of the Director and

Unaudited Financial Statements for the Year Ended 30 June 2025

for

Farley Fencing Limited

Page

Company Information

1

Report of the Director

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DIRECTOR:

M K Farley

SECRETARY:

Mrs A Farley

REGISTERED OFFICE:

Chiddingly Road

Horam

East Sussex

TN21 0JJ

REGISTERED NUMBER:

04662427 (England and Wales)

ACCOUNTANTS:

G. A. Hicks - Accountant

14 Meadow Way

Heathfield

East Sussex

TN21 8AL

The director presents his report with the financial statements of the company for the year ended 30 June 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of the supply and installation of fencing.

DIRECTOR

M K Farley held office during the whole of the period from 1 July 2024 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

M K Farley - Director

4 December 2025

TURNOVER

876,955

777,435

Cost of sales

640,074

544,359

GROSS PROFIT

236,881

233,076

Administrative expenses

155,464

170,149

OPERATING PROFIT

4

81,417

62,927

Interest receivable and similar income

33

-

81,450

62,927

Interest payable and similar expenses

8,975

11,687

PROFIT BEFORE TAXATION

72,475

51,240

Tax on profit

23,688

10,551

PROFIT FOR THE FINANCIAL YEAR

48,787

40,689

FIXED ASSETS

Tangible assets

5

69,891

66,671

Investments

6

-

6,500

69,891

73,171

CURRENT ASSETS

Stocks

750

750

Debtors

7

111,176

149,770

Cash at bank

2,189

956

114,115

151,476

CREDITORS

Amounts falling due within one year

8

112,983

172,040

NET CURRENT ASSETS/(LIABILITIES)

1,132

(20,564

)

TOTAL ASSETS LESS CURRENT LIABILITIES

71,023

52,607

CREDITORS

Amounts falling due after more than one year

9

(49,455

)

(72,818

)

PROVISIONS FOR LIABILITIES

(17,077

)

(7,977

)

NET ASSETS/(LIABILITIES)

4,491

(28,188

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

4,391

(28,288

)

4,491

(28,188

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 4 December 2025 and were signed by:

M K Farley - Director

1.	STATUTORY INFORMATION

Farley 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.

Freehold property

-

Straight line over 50 years

Plant and machinery

-

15% 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 8 ) .

4.	OPERATING PROFIT

The operating profit is stated after charging:

30.6.25

30.6.24

£

£

Depreciation - owned assets

8,621

10,794

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1 July 2024

59,523

80,403

61,800

201,726

Additions

-

3,846

16,425

20,271

Disposals

-

-

(28,800

)

(28,800

)

At 30 June 2025

59,523

84,249

49,425

193,197

DEPRECIATION

At 1 July 2024

26,692

63,281

45,082

135,055

Charge for year

2,381

2,871

3,369

8,621

Eliminated on disposal

-

-

(20,370

)

(20,370

)

At 30 June 2025

29,073

66,152

28,081

123,306

NET BOOK VALUE

At 30 June 2025

30,450

18,097

21,344

69,891

At 30 June 2024

32,831

17,122

16,718

66,671

6.	FIXED ASSET INVESTMENTS

Other

loans

£

At 1 July 2024

6,500

Repayment in year

(6,500

)

At 30 June 2025

-

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

87,700

116,223

Other debtors

23,476

33,547

111,176

149,770

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans and overdrafts

5,911

42,299

Hire purchase contracts

3,994

-

Trade creditors

51,708

73,470

Taxation and social security

17,777

17,710

Other creditors

33,593

38,561

112,983

172,040

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Hire purchase contracts

8,923

-

Other creditors

40,532

72,818

49,455

72,818

10.	ULTIMATE CONTROLLING PARTY

The controlling party is M K Farley.