AA Fencing UK Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 9

AA Fencing UK Limited

Company Information

Director

Mr LJ Gorman

Registered office

Williamson Croft (Liverpool) Limited 1 Old Hall Street First Floor Liverpool L3 9HF

Accountants

UHY Williamson Croft Chartered Certified AccountantsWilliamson Croft (Liverpool) Limited 1 Old Hall Street Liverpool L3 9HF

AA Fencing UK Limited

(Registration number: 06904634)
Balance Sheet as at 28 May 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	10,100	11,300
Tangible assets	5	517,072	436,635
		527,172	447,935
Current assets
Stocks	6	286,500	264,000
Debtors	7	635,402	339,735
Cash at bank and in hand		2,026,674	2,703,926
		2,948,576	3,307,661
Creditors: Amounts falling due within one year	8	(2,434,325)	(2,843,829)
Net current assets		514,251	463,832
Total assets less current liabilities		1,041,423	911,767
Creditors: Amounts falling due after more than one year	8	(38,065)	(41,751)
Net assets		1,003,358	870,016
Capital and reserves
Called up share capital	9	100	100
Retained earnings		1,003,258	869,916
Shareholders' funds		1,003,358	870,016

For the financial year ending 28 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 26 February 2026
 

......................................... Mr LJ Gorman Director

AA Fencing UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 May 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Williamson Croft (Liverpool) Limited
1 Old Hall Street
First Floor
Liverpool
L3 9HF

These financial statements were authorised for issue by the director on 26 February 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

AA Fencing UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 May 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant & Equipment	20% on a straight line basis
Motor Vehicles	20% on a straight line basis

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Website	10% on a straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

AA Fencing UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 May 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

AA Fencing UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 May 2025

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 44 (2024 - 46).

AA Fencing UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 May 2025

4	Intangible assets

	Internally generated software development costs  £	Other intangible assets  £	Total £
Cost or valuation
Additions acquired separately	12,000	-	12,000
At 28 May 2025	12,000	-	12,000
Amortisation
Amortisation charge	1,900	-	1,900
At 28 May 2025	1,900	-	1,900
Carrying amount
At 28 May 2025	10,100	-	10,100
At 28 May 2024	-	11,300	11,300

5	Tangible assets

	Plant and machinery £	Motor vehicles  £	Total £
Cost or valuation
At 29 May 2024	483,293	811,462	1,294,755
Additions	1,639	213,241	214,880
Disposals	-	(87,287)	(87,287)
At 28 May 2025	484,932	937,416	1,422,348
Depreciation
At 29 May 2024	387,283	470,837	858,120
Charge for the year	24,163	110,280	134,443
Eliminated on disposal	-	(87,287)	(87,287)
At 28 May 2025	411,446	493,830	905,276
Carrying amount
At 28 May 2025	73,486	443,586	517,072
At 28 May 2024	96,010	340,625	436,635

AA Fencing UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 May 2025

6

Stocks

	2025 £	2024 £
Other inventories	286,500	264,000

7

Debtors

Current	2025 £	2024 £
Trade debtors	284,338	327,543
Prepayments	3,045	1,776
Other debtors	348,019	10,416
	635,402	339,735

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings		49,520	46,625
Trade creditors		1,826,392	2,318,653
Taxation and social security		502,196	446,961
Accruals and deferred income		31,806	8,633
Other creditors		24,411	22,957
		2,434,325	2,843,829

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings		38,065	41,751

Included within loan and borrowings less than one year is £46,520 (2024: £46,625), and loans and borrowings greater than one year is £38,065 (2024: £41,751). This relates to hire purchase finance agreements which are secured by a fixed charge over the assets to which they relate.

AA Fencing UK Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 May 2025

9	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary A of £1 each	50	50	50	50
Ordinary B of £1 each	30	30	30	30
Ordinary C of £1 each	10	10	10	10
Ordinary D of £1 each	10	10	10	10
	100	100	100	100

10	Related party transactions

Director's remuneration

The director's remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	16,551	14,447

Loans to related parties

As at the year-end there were amounts totalling £348,016 (2024: £nil) owed by the director. The amounts are unsecured, repayable on demand and interest is being charged.