REGISTERED NUMBER: 05334758 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 May 2025

for

MD Fencing Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M J Dowse

SECRETARY:

Mrs P N Dowse

REGISTERED OFFICE:

Heather Lodge

Harden Moor

Back Shaw Lane

Keighley

West Yorkshire

BD21 5QU

REGISTERED NUMBER:

05334758 (England and Wales)

ACCOUNTANTS:

Lindley Adams Limited Chartered Accountants

28 Prescott Street

Halifax

West Yorkshire

HX1 2LG

FIXED ASSETS

Tangible assets

4

574,525

496,714

Investments

5

30

30

574,555

496,744

CURRENT ASSETS

Stocks

2,081

760

Debtors

6

289,003

237,089

Cash at bank

380,959

277,814

672,043

515,663

CREDITORS

Amounts falling due within one year

7

333,304

276,705

NET CURRENT ASSETS

338,739

238,958

TOTAL ASSETS LESS CURRENT LIABILITIES

913,294

735,702

CREDITORS

Amounts falling due after more than one year

8

1,308

11,493

NET ASSETS

911,986

724,209

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

911,984

724,207

911,986

724,209

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 30 September 2025 and were signed by:

M J Dowse - Director

1.	STATUTORY INFORMATION

MD Fencing 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of 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

-

25% on reducing balance

Fixtures and equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% 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

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.

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 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

equipment

£

£

£

COST

At 1 June 2024

355,247

215,267

60,111

Additions

-

100,686

-

Disposals

-

(45,592

)

-

At 31 May 2025

355,247

270,361

60,111

DEPRECIATION

At 1 June 2024

-

145,392

30,334

Charge for year

-

27,498

7,444

Eliminated on disposal

-

(33,423

)

-

At 31 May 2025

-

139,467

37,778

NET BOOK VALUE

At 31 May 2025

355,247

130,894

22,333

At 31 May 2024

355,247

69,875

29,777

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 June 2024

138,565

1,042

770,232

Additions

51,795

-

152,481

Disposals

(28,551

)

(666

)

(74,809

)

At 31 May 2025

161,809

376

847,904

DEPRECIATION

At 1 June 2024

96,750

1,042

273,518

Charge for year

12,312

-

47,254

Eliminated on disposal

(13,304

)

(666

)

(47,393

)

At 31 May 2025

95,758

376

273,379

NET BOOK VALUE

At 31 May 2025

66,051

-

574,525

At 31 May 2024

41,815

-

496,714

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

Motor

vehicles

£

COST

At 1 June 2024

and 31 May 2025

35,530

DEPRECIATION

At 1 June 2024

24,288

Charge for year

2,811

At 31 May 2025

27,099

NET BOOK VALUE

At 31 May 2025

8,431

At 31 May 2024

11,242

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 June 2024

and 31 May 2025

30

NET BOOK VALUE

At 31 May 2025

30

At 31 May 2024

30

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

104,158

83,381

Other debtors

184,845

153,708

289,003

237,089

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

37,115

27,547

Taxation and social security

69,604

47,803

Other creditors

216,585

191,355

333,304

276,705

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans

1,308

11,493