Company Registration No. 00543529 (England and Wales)
Bromyard Timber and Fencing Limited
Unaudited accounts
for the year ended 31 March 2025
Bromyard Timber and Fencing Limited
Unaudited accounts
Contents
Bromyard Timber and Fencing Limited
Company Information
for the year ended 31 March 2025
Directors
M P Redfern
S C Redfern
Company Number
00543529 (England and Wales)
Registered Office
1 Station Road
Bromyard
Herefordshire
HR7 4NT
Accountants
Diana Duggan & Co
27 East Street
Hereford
HR1 2LU
Bromyard Timber and Fencing Limited
Statement of financial position
as at 31 March 2025
Tangible assets
63,089
75,742
Cash at bank and in hand
5
2
Creditors: amounts falling due within one year
(75,661)
(100,230)
Net current (liabilities)/assets
(10,232)
9,388
Called up share capital
500
500
Profit and loss account
52,357
84,630
Shareholders' funds
52,857
85,130
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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2025 and were signed on its behalf by
S C Redfern
Director
Company Registration No. 00543529
Bromyard Timber and Fencing Limited
Notes to the Accounts
for the year ended 31 March 2025
Bromyard Timber and Fencing Limited is a private company, limited by shares, registered in England and Wales, registration number 00543529. The registered office is 1 Station Road, Bromyard, Herefordshire, HR7 4NT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. There were no material changes to accounting policies following adoption.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:
Turnover from supply of goods is recognised at point of sale.
Tangible fixed assets policy
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.
Land & buildings
2% straight line
Plant & machinery
10%/20% reducing balance
Motor vehicles
25% reducing balance
Current and deferred 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.
Bromyard Timber and Fencing Limited
Notes to the Accounts
for the year ended 31 March 2025
The company operates a defined contribution pension scheme for the benefit of two of the directors amounting to £5500 (2023 £16,000). The assets of the scheme are administered by the trustees in a fund independent from those of the company.
There is an auto-enrolment scheme for the employees.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
28,109
107,597
143,146
278,852
At 31 March 2025
28,109
108,819
143,146
280,074
At 1 April 2024
13,502
94,040
95,568
203,110
Charge for the year
562
1,381
11,932
13,875
At 31 March 2025
14,064
95,421
107,500
216,985
At 31 March 2025
14,045
13,398
35,646
63,089
At 31 March 2024
14,607
13,557
47,578
75,742
Amounts falling due within one year
Trade debtors
6,048
15,808
Accrued income and prepayments
4,251
3,957
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
27,259
13,423
Trade creditors
13,841
19,135
Other creditors
6,269
35,213
Loans from directors
23,192
27,659
Allotted, called up and fully paid:
500 Ordinary shares of £1 each
500
500
Bromyard Timber and Fencing Limited
Notes to the Accounts
for the year ended 31 March 2025
8
Transactions with related parties
The company is under the control of Mrs R M Redfern (director and shareholder). The balance on the directors' current accounts is £23192 (2024 £27659). No interest is charged by the directors.
9
Average number of employees
During the year the average number of employees was 3 (2024: 3).