REGISTERED NUMBER: 11688628 (England and Wales)

Unaudited Financial Statements For The Year Ended 30 November 2025

for

A W Goddard Fencing Ltd

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

Director:

A Goddard

Registered office:

Unit 16

Greenway Farm

Gosbeck

Ipswich

Suffolk

IP6 9SG

Registered number:

11688628 (England and Wales)

Accountants:

SMD Accounts LLP

Chartered Certified Accountants

The Vineyards

Knox Lane, Bardwell

Bury St Edmunds

Suffolk

IP31 1AX

Fixed assets

Tangible assets

4

51,261

29,303

Current assets

Stocks

29,087

25,000

Debtors

5

22,322

9,343

Cash at bank

-

8,715

51,409

43,058

Creditors

Amounts falling due within one year

6

59,539

67,761

Net current liabilities

(8,130

)

(24,703

)

Total assets less current liabilities

43,131

4,600

Creditors

Amounts falling due after more than one year

7

(24,731

)

(27,993

)

Provisions for liabilities

(12,815

)

(7,455

)

Net assets/(liabilities)

5,585

(30,848

)

Capital and reserves

Called up share capital

100

100

Retained earnings

5,485

(30,948

)

5,585

(30,848

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 12 January 2026 and were signed by:

A Goddard - Director

1.	Statutory information

A W Goddard 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.

The company made a loss in the year to 30 November 2024 and had a negative balance sheet total at that date. The company is dependent on the continued financial support of its bank and its director - the director has confirmed that this support will be continue to be available going forwards.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

The director reviewed the company's depreciation policy for motor vehicles and this resulted in a change in a revision of an certain vehicles' useful lives based on new assessment of the physical condition of the vehicles which resulted in a reversal of previous depreciation totalling £21,400 and this has been accounted for prospectively - in the current accounting period, without the restatement of prior periods.

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.

Going concern

The financial statements are prepared on the going concern basis, which assumes the ability of the company to continue its activities for the foreseeable future, being a period of not less than twelve months from the approval of these accounts. The director is confident that the company's external funders will continue to support the company and that the company will trade profitably.

3.	Employees and directors

The average number of employees during the year was 2 (2024 - 1 ) .

4.	Tangible fixed assets

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

Cost

At 1 December 2024

14,396

108,288

3,642

126,326

Additions

-

11,995

-

11,995

At 30 November 2025

14,396

120,283

3,642

138,321

Depreciation

At 1 December 2024

11,446

82,563

3,014

97,023

Charge for year

1,350

9,773

314

11,437

Charge written back

-

(21,400

)

-

(21,400

)

At 30 November 2025

12,796

70,936

3,328

87,060

Net book value

At 30 November 2025

1,600

49,347

314

51,261

At 30 November 2024

2,950

25,725

628

29,303

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

Motor

vehicles

£

Cost

At 1 December 2024

98,788

Additions

11,995

At 30 November 2025

110,783

Depreciation

At 1 December 2024

80,188

Charge for year

7,398

Charge written back

(21,400

)

At 30 November 2025

66,186

Net book value

At 30 November 2025

44,597

At 30 November 2024

18,600

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

16,231

7,343

Other debtors

6,091

2,000

22,322

9,343

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

7,295

5,082

Hire purchase contracts

5,997

13,811

Trade creditors

33,548

25,552

Taxation and social security

11,166

18,617

Other creditors

1,533

4,699

59,539

67,761

7.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans

21,193

27,993

Hire purchase contracts

3,538

-

24,731

27,993

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

7,665

8.	Director's advances, credits and guarantees

The director of the company, Mr A W Goddard, owed the company £6091 at 30 November 2025 (he was owed by the company£3324 at 30 November 2024). He introduced funds into the company bank account on 1 December 2025 to repay the outstanding loan from the company.