REGISTERED NUMBER: 15116747 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

Howe Safety Fencing Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr J D Howe

REGISTERED OFFICE:

18 St Christopher's Way

Pride Park

Derby

DE24 8JY

REGISTERED NUMBER:

15116747 (England and Wales)

ACCOUNTANTS:

Franklins

18 St Christopher's Way

Pride Park

Derby

Derbyshire

DE24 8JY

FIXED ASSETS

Tangible assets

4

47,662

37,187

CURRENT ASSETS

Debtors

5

152,295

64,244

Cash at bank

23,421

13,310

175,716

77,554

CREDITORS

Amounts falling due within one year

6

68,568

35,097

NET CURRENT ASSETS

107,148

42,457

TOTAL ASSETS LESS CURRENT LIABILITIES

154,810

79,644

CREDITORS

Amounts falling due after more than one year

7

-

(5,694

)

PROVISIONS FOR LIABILITIES

(11,915

)

(9,297

)

NET ASSETS

142,895

64,653

CAPITAL AND RESERVES

Called up share capital

9

1

1

Retained earnings

142,894

64,652

SHAREHOLDERS' FUNDS

142,895

64,653

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 May 2026 and were signed by:

Mr J D Howe - Director

1.	STATUTORY INFORMATION

Howe Safety 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.

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

-

50% on cost and 33% on cost

Motor vehicles

-

33% on cost and 25% on cost

Computer equipment

-

33% on cost and 25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 contributes to a defined contribution pension scheme. Contributions payable to the scheme are charged to the P&L in the period in which they relate.

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 October 2024

3,697

41,595

531

45,823

Additions

4,257

32,349

833

37,439

Disposals

-

(14,399

)

-

(14,399

)

At 30 September 2025

7,954

59,545

1,364

68,863

DEPRECIATION

At 1 October 2024

935

7,623

78

8,636

Charge for year

2,058

13,397

410

15,865

Eliminated on disposal

-

(3,300

)

-

(3,300

)

At 30 September 2025

2,993

17,720

488

21,201

NET BOOK VALUE

At 30 September 2025

4,961

41,825

876

47,662

At 30 September 2024

2,762

33,972

453

37,187

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

Motor

vehicles

£

COST

At 1 October 2024

and 30 September 2025

11,495

DEPRECIATION

At 1 October 2024

1,277

Charge for year

3,832

At 30 September 2025

5,109

NET BOOK VALUE

At 30 September 2025

6,386

At 30 September 2024

10,218

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

55,028

30,322

Other debtors

77,778

17,452

Directors' current accounts

-

1,777

VAT

4,786

5,614

Prepayments and accrued income

14,703

9,079

152,295

64,244

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 8)

1,865

7,772

Hire purchase contracts

3,786

3,689

Trade creditors

9,576

3,565

Tax

31,885

9,424

Other creditors

4,711

7,791

Directors' current accounts

12,166

-

Accruals and deferred income

4,579

2,856

68,568

35,097

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 8)

-

1,908

Hire purchase contracts

-

3,786

-

5,694

8.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

1,865

7,772

Amounts falling due between one and two years:

Bank loans - 1-2 years

-

1,908

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

1

1

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 30 September 2025 and the period ended 30 September 2024:

2025

2024

£

£

Mr J D Howe

Balance outstanding at start of year

1,777

-

Amounts advanced

51,025

31,776

Amounts repaid

(52,802

)

(29,999

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

1,777

Interest was charged on the director's loan account at a rate of 2.25% to 5th April 2025, and 3.75% thereafter.