Eaton Fencing Specialists Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07722422 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

Eaton Fencing Specialists Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr L P Eaton

Mrs D E Eaton

REGISTERED OFFICE:

First Floor

1 St John's Court

Upper Fforest Way

Enterprise Park

Swansea

SA6 8QQ

REGISTERED NUMBER:

07722422 (England and Wales)

ACCOUNTANTS:

Ashmole & Co

First Floor

1 St John's Court

Upper Fforest Way

Enterprise Park

Swansea

SA6 8QQ

FIXED ASSETS

Intangible assets

4

7,409

Tangible assets

5

43,891

78,024

51,300

85,433

CURRENT ASSETS

Stocks

38,600

60,000

Debtors

6

25,910

27,698

Cash at bank

313,920

296,656

378,430

384,354

CREDITORS

Amounts falling due within one year

7

185,315

189,950

NET CURRENT ASSETS

193,115

194,404

TOTAL ASSETS LESS CURRENT
LIABILITIES

244,415

279,837

CREDITORS

Amounts falling due after more than one
year

8

-

(9,567

)

PROVISIONS FOR LIABILITIES

(8,339

)

(14,824

)

NET ASSETS

236,076

255,446

CAPITAL AND RESERVES

Called up share capital

9

1

Retained earnings

10

236,075

255,445

SHAREHOLDERS' FUNDS

236,076

255,446

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 21 October 2025 and were signed on its behalf by:

Mr L P Eaton - Director

1.	STATUTORY INFORMATION

Eaton Fencing Specialists 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Private number plate are being amortised evenly over their estimated useful life of nil years.

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

-

25% on cost

Motor vehicles

-

25% on cost

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 10 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Private

number

plate

£

COST

At 1 August 2024

and 31 July 2025

7,409

NET BOOK VALUE

At 31 July 2025

7,409

At 31 July 2024

7,409

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

COST

At 1 August 2024

-

165,912

5,590

171,502

Additions

4,350

29,245

-

33,595

Disposals

-

(84,582

)

-

(84,582

)

At 31 July 2025

4,350

110,575

5,590

120,515

DEPRECIATION

At 1 August 2024

-

89,005

4,473

93,478

Charge for year

91

11,120

517

11,728

Eliminated on disposal

-

(28,582

)

-

(28,582

)

At 31 July 2025

91

71,543

4,990

76,624

NET BOOK VALUE

At 31 July 2025

4,259

39,032

600

43,891

At 31 July 2024

-

76,907

1,117

78,024

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

13,316

25,616

Other debtors

1,230

2,082

VAT

6,364

-

Prepayments

5,000

-

25,910

27,698

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

9,167

9,600

Trade creditors

134,493

137,961

Tax

28,978

21,328

Social security and other taxes

2,244

3,466

Pensions creditor

-

653

VAT

-

4,257

Directors' current accounts

773

3,511

Accrued expenses

9,660

9,174

185,315

189,950

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

2025

2024

£

Bank loans

-

9,567

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

1

Ordinary

£1

1

10.

RESERVES

Retained

earnings

£

At 1 August 2024

255,445

Profit for the year

126,630

Dividends

(146,000

)

At 31 July 2025

236,075