REGISTERED NUMBER: 09985407 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

O. J FENCING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

O Earl

J Earl

SECRETARY:

REGISTERED OFFICE:

Hill Farm

Redenhall Road

Harleston

Norfolk

IP20 9QN

REGISTERED NUMBER:

09985407 (England and Wales)

ACCOUNTANTS:

Calum Ward & Co Ltd

Market House

Church Street

Harleston

Norfolk

IP20 9BB

FIXED ASSETS

Tangible assets

4

257,486

244,228

CURRENT ASSETS

Stocks

40,000

40,000

Debtors

5

387,138

344,853

Cash at bank and in hand

910,467

610,571

1,337,605

995,424

CREDITORS

Amounts falling due within one year

6

233,600

266,468

NET CURRENT ASSETS

1,104,005

728,956

TOTAL ASSETS LESS CURRENT LIABILITIES

1,361,491

973,184

PROVISIONS FOR LIABILITIES

7

41,638

38,324

NET ASSETS

1,319,853

934,860

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

8

1,319,843

934,850

1,319,853

934,860

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 23 December 2025 and were signed on its behalf by:

O Earl - Director

1.	STATUTORY INFORMATION

O. J FENCING LTD 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.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

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.

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 12 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

90,934

61,969

229,402

1,070

383,375

Additions

-

-

70,435

-

70,435

Disposals

-

-

(30,400

)

-

(30,400

)

At 31 March 2025

90,934

61,969

269,437

1,070

423,410

DEPRECIATION

At 1 April 2024

-

25,808

112,960

379

139,147

Charge for year

-

5,424

42,736

267

48,427

Eliminated on disposal

-

-

(21,650

)

-

(21,650

)

At 31 March 2025

-

31,232

134,046

646

165,924

NET BOOK VALUE

At 31 March 2025

90,934

30,737

135,391

424

257,486

At 31 March 2024

90,934

36,161

116,442

691

244,228

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

379,993

339,289

Prepayments

7,145

5,564

387,138

344,853

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

37,979

54,241

Tax

137,173

143,776

VAT

1,238

8,188

Directors' loan accounts

52,092

57,812

Accrued expenses

5,118

2,451

233,600

266,468

7.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

41,638

38,324

Deferred

tax

£

Balance at 1 April 2024

38,324

Provided during year

3,314

Balance at 31 March 2025

41,638

8.

RESERVES

Retained

earnings

£

At 1 April 2024

934,850

Profit for the year

416,993

Dividends

(32,000

)

At 31 March 2025

1,319,843