REGISTERED NUMBER: 01402416 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

WEATHERLEY FENCING CONTRACTORS LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

K E Weatherley

Mrs J Weatherley

Mrs D Roscoe

D Roscoe

P Roscoe

SECRETARY:

Mrs J Weatherley

REGISTERED OFFICE:

135 North Cray Road

Sidcup

Kent

DA14 5HE

REGISTERED NUMBER:

01402416 (England and Wales)

AUDITORS:

Chegwidden & Co

Statutory Auditors

Chartered Accountants

Priestley House

Priestley Gardens

Chadwell Heath

Essex, RM6 4SN

FIXED ASSETS

Tangible assets

4

101,421

137,202

CURRENT ASSETS

Stocks

488,542

495,557

Debtors

59,724

62,661

Cash at bank and in hand

470,344

590,812

1,018,610

1,149,030

CREDITORS

Amounts falling due within one year

283,204

267,357

NET CURRENT ASSETS

735,406

881,673

TOTAL ASSETS LESS CURRENT LIABILITIES

836,827

1,018,875

CAPITAL AND RESERVES

Called up share capital

50,000

50,000

Retained earnings

5

786,827

968,875

SHAREHOLDERS' FUNDS

836,827

1,018,875

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31st December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19th December 2025 and were signed on its behalf by:

Mrs D Roscoe - Director

1.	STATUTORY INFORMATION

Weatherley Fencing Contractors 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.

Sale of goods - Turnover from the sale of goods is recognised at the point of sale.

Rendering of services - When providing day services, turnover is usually recognised on completion of the service and, for monthly engagements, it is recognised by reference to the stage of completion at the balance sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc - 33% on cost and 25% on reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling prices less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provisions are made for any damaged, obsolete and slow-moving stock where appropriate.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset’s cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st January 2024

473,233

Additions

3,865

Disposals

(28,795

)

At 31st December 2024

448,303

DEPRECIATION

At 1st January 2024

336,031

Charge for year

31,485

Eliminated on disposal

(20,634

)

At 31st December 2024

346,882

NET BOOK VALUE

At 31st December 2024

101,421

At 31st December 2023

137,202

5.

RESERVES

Retained

earnings

£

At 1st January 2024

968,875

Deficit for the year

(182,048

)

At 31st December 2024

786,827

6.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Paul Harris (Senior Statutory Auditor)

for and on behalf of Chegwidden & Co

7.	RELATED PARTY DISCLOSURES

Included in other creditors are loans from the directors totalling £114,784 (2023; £116,425) which are interest free and repayable on demand.