Welsh Fencing Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 07583044

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		14,577		21,445

			14,577		21,445
CURRENT ASSETS
Debtors	5	1,019		413
Cash at bank and in hand		95,176		92,105

		96,195		92,518
Creditors: Amounts Falling Due Within One Year	6	(534 )		(9,085 )

NET CURRENT ASSETS (LIABILITIES)			95,661		83,433

TOTAL ASSETS LESS CURRENT LIABILITIES			110,238		104,878

NET ASSETS			110,238		104,878

Income and Expenditure Account			110,238		104,878

MEMBERS' FUNDS			110,238		104,878

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Welsh Fencing Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.

On behalf of the board

M Burkhalter

Director

25/11/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Welsh Fencing Limited Registered number 07583044 is a limited by guarantee company incorporated in England & Wales. The Registered Office is Welsh Institute of Sport, Sophia Close, Riverside, Cardiff, CF11 9SW.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

2.2. Turnover

Income is recognised on receipt and represents membership subscriptions and entrace fees for competitions. Grant income is reported seperately and is recognsed on receipt.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

33% written down value

2.4. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the income and expenditure account, directors report, and notes to the financial statements relating to the income and expenditure account.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Office and administration	7	8

	7	8

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 April 2024	92,280
Additions	312

As at 31 March 2025	92,592

Depreciation
As at 1 April 2024	70,835
Provided during the period	7,180

As at 31 March 2025	78,015

...CONTINUED

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Welsh Fencing Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Net Book Value
As at 31 March 2025	14,577

As at 1 April 2024	21,445

5. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	1,019	413

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	-	8,587
Accruals	534	498

	534	9,085

7. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

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