REGISTERED NUMBER: 10811071 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

HANCOCK FENCING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J P Hancock

Mrs L C Hancock

REGISTERED OFFICE:

White House Barn

Belton Road

Beltoft

Doncaster

South Yorkshire

DN9 1NB

REGISTERED NUMBER:

10811071 (England and Wales)

ACCOUNTANTS:

Sowerby

Chartered Accountants

50-52 Aire Street

Goole

DN14 5QE

FIXED ASSETS

Tangible assets

4

113,579

149,669

CURRENT ASSETS

Stocks

140,000

134,000

Debtors

5

465,209

486,869

Cash at bank and in hand

195,655

337,260

800,864

958,129

CREDITORS

Amounts falling due within one year

6

277,855

428,150

NET CURRENT ASSETS

523,009

529,979

TOTAL ASSETS LESS CURRENT LIABILITIES

636,588

679,648

CREDITORS

Amounts falling due after more than one year

7

(13,369

)

(36,918

)

PROVISIONS FOR LIABILITIES

(153

)

(9,176

)

NET ASSETS

623,066

633,554

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

623,065

633,553

623,066

633,554

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 December 2025 and were signed on its behalf by:

J P Hancock - Director

1.	STATUTORY INFORMATION

Hancock Fencing Limited is a private company limited by shares, incorporated and domiciled in England. It has its registered office at White House Barn, Belton Road, Beltoft, Doncaster, DN9 1NB. Its principal place of business is at Bootham Lane, Dunscroft, Hatfield, Doncater, DN7 4JU.

The principal activity of the company is the supply and installation of fencing.

The presentational currency of the financial statements is Pound Sterling (£).

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.

Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

The directors, having taken into the factors discussed above as well as the uncertainties of the current economic environment, have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

Turnover

Turnover is the amount derived from ordinary activities, measured at the fair value of the consideration received or receivable. Turnover excludes value added tax and trade discounts. Sales are recognised at the point which the company has fulfilled its contractual obligations and the risks and rewards attached to the product, have been transferred to the customer.

Sales are recognised at the point which the company has fulfilled its contractual obligations and the risks and rewards attached to the product, have been transferred to the customer.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on a reducing balance basis and 20% on reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell, after making, due allowance for obsolete and slow moving items. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Stock is calculated on the first in first out basis.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 18 (2024 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

258,107

DEPRECIATION

At 1 April 2024

108,438

Charge for year

36,090

At 31 March 2025

144,528

NET BOOK VALUE

At 31 March 2025

113,579

At 31 March 2024

149,669

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

81,037

DEPRECIATION

At 1 April 2024

20,326

Charge for year

15,178

At 31 March 2025

35,504

NET BOOK VALUE

At 31 March 2025

45,533

At 31 March 2024

60,711

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

457,938

449,625

Other debtors

7,271

37,244

465,209

486,869

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

7,000

7,000

Hire purchase contracts

16,549

15,383

Trade creditors

180,432

174,290

Amounts owed to group undertakings

6,352

120,000

Taxation and social security

60,487

54,262

Other creditors

7,035

57,215

277,855

428,150

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

2,917

9,917

Hire purchase contracts

10,452

27,001

13,369

36,918

8.	RELATED PARTY DISCLOSURES

At the balance sheet date no amount was owed by its director J P Hancock to the company (2024: £50,715.20). The loan was free from interest and repayable on demand.