Martin Cashmore Fencing limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06769104 (England and Wales)

Martin Cashmore Fencing limited

Financial Statements for the Year Ended 31st December 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M Cashmore

Mrs S Cashmore

Mr J Cashmore

Miss A P Cashmore

SECRETARY:

Mrs S Cashmore

REGISTERED OFFICE:

2 Oriel Court

Omega Park

Alton

Hampshire

GU34 2YT

REGISTERED NUMBER:

06769104 (England and Wales)

ACCOUNTANTS:

Sheen Stickland

Chartered Accountants

2 Oriel Court

Omega Park

Alton

Hampshire

GU34 2YT

FIXED ASSETS

Tangible assets

4

233,460

239,860

CURRENT ASSETS

Stocks

462,999

396,114

Debtors

5

972,359

957,893

Cash at bank and in hand

144,826

244,791

1,580,184

1,598,798

CREDITORS

Amounts falling due within one year

6

(263,344

)

(335,015

)

NET CURRENT ASSETS

1,316,840

1,263,783

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,550,300

1,503,643

CREDITORS

Amounts falling due after more than
one year

7

(79,994

)

(84,905

)

PROVISIONS FOR LIABILITIES

(25,831

)

(55,153

)

NET ASSETS

1,444,475

1,363,585

CAPITAL AND RESERVES

Called up share capital

9

1,000

Retained earnings

10

1,443,475

1,362,585

SHAREHOLDERS' FUNDS

1,444,475

1,363,585

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 22nd May 2026 and were signed on its behalf by:

Mr M Cashmore - Director

1.	STATEMENT OF COMPLIANCE

Martin Cashmore Fencing Limited is a private company, limited by shares, incorporated in England and Wales. The address of the registered office is 2 Oriel Court, Omega Park, Alton, Hampshire, GU34 2YT. The registration number is 06769104..

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

Critical accounting judgements and key sources of estimation uncertainty

The key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year include:

Useful life of fixed assets

Tangible assets are depreciated over their useful lives taking into account residual values, where appropriate. The useful lives of these assets are estimated based on historic experience and future considerations and these are re-assessed annually.

Turnover

Turnover represents sales of fencing supplies and services. It 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.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Tangible assets are depreciated over their useful lives taking into account residual values, where appropriate.The useful lives of these assets are estimated based on historic experience and future considerations and these are re-assessed annually.

Any gain or loss arising on the disposal of an asset is determined by the difference between sale proceeds and carrying value of the asset, and is credited or charged to the profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Financial assets and financial liabilities are recognised when the company becomes party to the contractual provisions of the financial instrument.

Cash and cash equivalents

These comprise cash at bank.

Debtors

Debtors do not carry any interest and are stated at their nominal value. Appropriate allowances for estimated irrecoverable amounts are recognised in the Profit and Loss account when there is objective evidence that the asset is impaired.

Creditors

The only creditor balance that is interest bearing is in relation to the hire purchase loan agreement. All other creditors are non-interest bearing and stated at their nominal values.

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 8 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

COST

At 1st January 2025

114,220

113,614

366,035

5,988

599,857

Additions

-

11,228

42,690

1,725

55,643

Disposals

-

(25,785

)

-

(25,785

)

At 31st December 2025

114,220

124,842

382,940

7,713

629,715

DEPRECIATION

At 1st January 2025

74,244

64,359

215,824

5,570

359,997

Charge for year

5,997

6,048

47,741

321

60,107

Eliminated on disposal

-

(23,849

)

-

(23,849

)

At 31st December 2025

80,241

70,407

239,716

5,891

396,255

NET BOOK VALUE

At 31st December 2025

33,979

54,435

143,224

1,822

233,460

At 31st December 2024

39,976

49,255

150,211

418

239,860

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

38,386

29,046

Amounts owed by group undertakings

926,126

925,688

Other debtors

7,847

3,159

972,359

957,893

Amounts owed from group undertakings are unsecured, interest free and repayable on demand.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Hire purchase contracts (see note 8)

4,911

Trade creditors

104,303

160,262

Taxation and social security

117,401

129,125

Other creditors

36,729

40,717

263,344

335,015

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Hire purchase contracts (see note 8)

79,994

84,905

8.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2025

2024

£

Net obligations repayable:

Within one year

4,911

Between one and five years

79,994

84,905

89,816

The hire purchase lease is secured on the asset to which it relates.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

1,000

Ordinary

£1

1,000

10.

RESERVES

Retained

earnings

£

At 1st January 2025

1,362,585

Profit for the year

268,390

Dividends

(187,500

)

At 31st December 2025

1,443,475

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st December 2025 and 31st December 2024:

2025

2024

£

Mr M Cashmore

Balance outstanding at start of year

(37,177

)

(37,180

)

Amounts advanced

91,550

80,633

Amounts repaid

(87,440

)

(80,630

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(33,067

)

(37,177

)

Mrs S Cashmore

Balance outstanding at start of year

63

(2,399

)

Amounts advanced

88,353

80,745

Amounts repaid

(88,416

)

(78,283

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

63

Mr J Cashmore

Balance outstanding at start of year

(74

)

(15

)

Amounts advanced

35,053

30,441

Amounts repaid

(35,000

)

(30,500

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(21

)

(74

)

The directors’ loan due to Mr M Cashmore is interest-free and repayable on demand.

12.	RELATED PARTY DISCLOSURES

Martin Cashmore Property Limited

A company with common ownership.

During the year Martin Cashmore Property Limited charged rent of £34,000 (2024: £34,000) to Martin Cashmore Fencing Limited.

Martin Cashmore Fencing Limited has also given corporate guarantee in relation to the secured mortgages of Martin Cashmore Property Limited.