REGISTERED NUMBER: 04502579 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

J & G Fencing Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A J Price

J E Gwyther

J L Langridge

SECRETARY:

J L Langridge

REGISTERED OFFICE:

Brunel House

11 The Promenade

Clifton Down

Bristol

BS8 3NG

REGISTERED NUMBER:

04502579 (England and Wales)

ACCOUNTANTS:

Wormald & Partners

Chartered Accountants (ICAEW)

Brunel House

11 The Promenade

Clifton Down

Bristol

BS8 3NG

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,124,480

1,230,370

1,124,480

1,230,370

CURRENT ASSETS

Stocks

6

631,694

871,699

Debtors

7

3,326,976

3,606,145

Cash at bank

10,348

4,574

3,969,018

4,482,418

CREDITORS

Amounts falling due within one year

8

3,570,561

3,874,799

NET CURRENT ASSETS

398,457

607,619

TOTAL ASSETS LESS CURRENT LIABILITIES

1,522,937

1,837,989

CREDITORS

Amounts falling due after more than one year

9

(213,825

)

(270,794

)

PROVISIONS FOR LIABILITIES

(35,481

)

(60,902

)

NET ASSETS

1,273,631

1,506,293

CAPITAL AND RESERVES

Called up share capital

1,250

1,250

Fair value reserve

10

449,070

449,070

Retained earnings

823,311

1,055,973

SHAREHOLDERS' FUNDS

1,273,631

1,506,293

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 28 May 2026 and were signed on its behalf by:

J L Langridge - Director

A J Price - Director

J E Gwyther - Director

1.	STATUTORY INFORMATION

J & G 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.

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.

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

Freehold property

-

2% on cost

Plant and machinery

-

15% on straight line basis

Fixtures and fittings

-

20% on straight line basis

Motor vehicles

-

25% on straight line basis and 20% on straight line basis

Computer equipment

-

25% on straight line basis and 20% on straight line basis

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 24 (2024 - 23 ) .

4.	INTANGIBLE FIXED ASSETS

Development

costs

£

COST

At 1 September 2024

and 31 August 2025

23,192

AMORTISATION

At 1 September 2024

and 31 August 2025

23,192

NET BOOK VALUE

At 31 August 2025

-

At 31 August 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 September 2024

1,043,947

158,110

5,338

Additions

-

-

-

Disposals

(65,500

)

-

-

At 31 August 2025

978,447

158,110

5,338

DEPRECIATION

At 1 September 2024

64,826

89,095

2,743

Charge for year

19,569

16,944

865

Eliminated on disposal

(2,620

)

-

-

At 31 August 2025

81,775

106,039

3,608

NET BOOK VALUE

At 31 August 2025

896,672

52,071

1,730

At 31 August 2024

979,121

69,015

2,595

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 September 2024

425,184

53,930

1,686,509

Additions

62,041

8,254

70,295

Disposals

(57,721

)

-

(123,221

)

At 31 August 2025

429,504

62,184

1,633,583

DEPRECIATION

At 1 September 2024

266,508

32,967

456,139

Charge for year

65,574

10,353

113,305

Eliminated on disposal

(57,721

)

-

(60,341

)

At 31 August 2025

274,361

43,320

509,103

NET BOOK VALUE

At 31 August 2025

155,143

18,864

1,124,480

At 31 August 2024

158,676

20,963

1,230,370

Included within Motor vehicles are assets of £139,230 (2024: £137,459), which were acquired under a hire purchase agreement or finance lease.

6.

STOCKS

2025

2024

£

£

Stocks & WIP

631,694

871,699

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

3,271,212

3,559,666

Other debtors

39,120

36,338

VAT

4,740

-

Prepayments

11,904

10,141

3,326,976

3,606,145

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

74,803

67,430

Other loans

104,438

346,855

Hire purchase contracts

24,655

23,543

Trade creditors

2,583,572

2,429,683

Tax

69,439

162,823

Social security and other taxes

39,401

32,145

Pension

3,671

3,495

VAT

-

55,661

Other creditors

602,432

652,569

Accrued expenses

68,150

100,595

3,570,561

3,874,799

Within other creditors includes a balance of £602,432 (2024: £652,569) in respect of factored debts. This balance is secured by way of a fixed and floating charge over the company's assets.

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loan more than 1 year

115,476

197,652

Hire purchase contracts

97,370

72,338

Directors' loan accounts

979

804

213,825

270,794

10.

RESERVES

Fair

value

reserve

£

At 1 September 2024

and 31 August 2025

449,070

11.	RELATED PARTY DISCLOSURES

During the year, total dividends of £169,537 (2024 - £108,237) were paid to the directors .