Nortons Fencing Limited iXBRL

Nortons Fencing Limited

Director's Report and Unaudited Financial Statements

for the financial year ended 31 January 2026

Nortons Fencing Limited

DIRECTOR AND OTHER INFORMATION


Director	Mr Jack Norton


Company Registration Number	08836772


Registered Office and Business Address	St Andrews Castle
	St Andrews South
	Bury St Edmunds
	Suffolk
	IP33 3PH
	England


Accountants	FWD Accounts Ltd
	7 Forbes Business Centre, Kempson Way
	Bury St Edmunds
	Suffolk
	IP32 7AR
	GB

Nortons Fencing Limited

DIRECTOR'S REPORT

for the financial year ended 31 January 2026

The director presents their report and the unaudited financial statements for the financial year ended 31 January 2026.

Director

The director who served during the financial year is as follows:

Mr Jack Norton

There were no changes in shareholdings between 31 January 2026 and the date of signing the financial statements.

In accordance with the Constitution, the director retire by rotation and, being eligible, offer themselves for re-election.

Political Contributions

The company did not make any disclosable political donations in the current financial year.

Statement of Director's Responsibilities

The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the director must not approve the financial statements unless they is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the director is required to:

select suitable accounting policies and apply them consistently;

make judgements and accounting estimates that are reasonable and prudent;

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Special provisions relating to small companies

The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

On behalf of the board

___________________________

Mr Jack Norton

Director

22 July 2026

Nortons Fencing Limited

ACCOUNTANTS REPORT

to the Director on the Compilation of the unaudited financial statements of Nortons Fencing Limited

for the financial year ended 31 January 2026

In accordance with the engagement letter and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled for your approval the financial statements of the company for the financial year ended 31 January 2026 as set out on pages to which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given to us.

This report is made solely to the director of Nortons Fencing Limited, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company’s Director that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its director for our work or for this report.

We have carried out this engagement in accordance with guidance issued by and have complied with the relevant ethical guidance laid down by relating to members undertaking the compilation of financial statements.

You have acknowledged on the Balance Sheet for the year ended 31 January 2026 your duty to ensure that Nortons Fencing Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Nortons Fencing Limited. You consider that Nortons Fencing Limited is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of Nortons Fencing Limited. For this reason, we have not verified the adequacy, accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

__________________________________

FWD ACCOUNTS LTD

7 Forbes Business Centre, Kempson Way

Bury St Edmunds

Suffolk

IP32 7AR

22 July 2026

Nortons Fencing Limited

PROFIT AND LOSS ACCOUNT

for the financial year ended 31 January 2026

	2026	2025
Notes	£	£

Turnover	1,728,220	1,127,190

Cost of sales	(1,233,365)	(755,111)
	─────────	─────────
Gross profit	494,855	372,079

Administrative expenses	(326,635)	(302,613)
	─────────	─────────
Operating profit	168,220	69,466

Interest receivable and similar income	57	1,569
Interest payable and similar expenses	(32,468)	(25,814)
	─────────	─────────
Profit before taxation	135,809	45,221

Tax on profit	(36,840)	(66,260)
	─────────	─────────
Profit/(loss) for the financial year	98,969	(21,039)
	─────────	─────────
Total comprehensive income	98,969	(21,039)
	═════════	═════════

Nortons Fencing Limited

Company Registration Number: 08836772

BALANCE SHEET

as at 31 January 2026

		2026	2025
	Notes	£	£

Fixed Assets

Tangible assets

405,928

335,594

─────────

Current Assets

Stocks

70,000

35,000

Debtors

211,862

227,029

Cash and cash equivalents

41,065

21,560

─────────

322,927

283,589

─────────

Creditors: amounts falling due within one year

(379,479)

(319,737)

─────────

Net Current Liabilities

(56,552)

(36,148)

─────────

Total Assets less Current Liabilities

349,376

299,446

Creditors:

amounts falling due after more than one year

(242,376)

(229,998)

Provisions for liabilities

(52,915)

(43,952)

─────────

Net Assets

54,085

25,496

═════════

Capital and Reserves

Called up share capital

100

100

Retained earnings

53,985

25,396

─────────

Equity attributable to owners of the company

54,085

25,496

═════════

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

For the financial year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Director and authorised for issue on 22 July 2026



________________________________
Mr Jack Norton
Director

Nortons Fencing Limited

STATEMENT OF CHANGES IN EQUITY

as at 31 January 2026

	Called up	Retained	Total
	share	earnings
	capital
	£	£	£

At 1 February 2024	-	78,436	78,436
	─────────	─────────	─────────
Loss for the financial year	-	(21,039)	(21,039)
	─────────	─────────	─────────
Payment of dividends	-	(32,001)	(32,001)
	─────────	─────────	─────────
At 31 January 2025	100	25,396	25,496
	─────────	─────────	─────────
Profit for the financial year	-	98,969	98,969
	─────────	─────────	─────────
Payment of dividends	-	(70,380)	(70,380)
	─────────	─────────	─────────
At 31 January 2026	100	53,985	54,085
	═════════	═════════	═════════

Nortons Fencing Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 January 2026

General Information

Nortons Fencing Limited is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 08836772. The registered office of the company is St Andrews Castle, St Andrews South, Bury St Edmunds, Suffolk, IP33 3PH, England which is also the principal place of business of the company. Fencing activities The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 January 2026 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006. These are the company's first set of financial statements prepared in accordance with FRS 102.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Turnover

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Tangible assets and depreciation

Tangible assets are stated at cost or at valuation, less accumulated depreciation. Cost comprises purchase price and other directly attributable costs. Freehold land is stated at cost and is not depreciated. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:

Improvements to Land and buildings freehold

5% Straight line

Plant and machinery

20% Straight line

Fixtures, fittings and equipment

33.33% Straight line

Motor vehicles

20% Reducing balance

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Stocks

Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Borrowing costs

Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

Provisions

Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Adoption of FRS 102 Section 1A

This is the first set of financial statements prepared by Nortons Fencing Limited in accordance with accounting standards issued by the Financial Reporting Council, including FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” Section 1A (Small Entities). The company transitioned from previously extant Irish and UK GAAP to FRS 102 Section 1A as at 1 February 2024.

Employees

The average monthly number of employees, including director, during the financial year was 1, (2025 - 1).

2026

2025

Number

Number

Employee

═════════


5.	Tangible assets
		Improvements to Land and	Plant and	Fixtures,	Motor	Total
		buildings	machinery	fittings and	vehicles
		freehold		equipment
		£	£	£	£	£
	Cost
	At 1 February 2025	134,987	377,998	1,993	95,993	610,971
	Additions	-	104,962	1,274	107,998	214,234
	Disposals	-	(42,000)	-	(64,846)	(106,846)
		─────────	─────────	─────────	─────────	─────────
	At 31 January 2026	134,987	440,960	3,267	139,145	718,359
		─────────	─────────	─────────	─────────	─────────
	Depreciation
	At 1 February 2025	-	213,439	663	61,275	275,377
	Charge for the financial year	-	69,219	1,087	23,580	93,886
	On disposals	-	(16,800)	-	(40,032)	(56,832)
		─────────	─────────	─────────	─────────	─────────
	At 31 January 2026	-	265,858	1,750	44,823	312,431
		─────────	─────────	─────────	─────────	─────────
	Net book value
	At 31 January 2026	134,987	175,102	1,517	94,322	405,928
		═════════	═════════	═════════	═════════	═════════
	At 31 January 2025	134,987	164,559	1,330	34,718	335,594
		═════════	═════════	═════════	═════════	═════════


6.	Stocks	2026	2025
		£	£

	Finished goods and goods for resale	70,000	35,000
		═════════	═════════

	The replacement cost of stock did not differ significantly from the figures shown.


7.	Debtors	2026	2025
		£	£

	Trade debtors	167,457	132,582
	Other debtors	3,722	3,722
	Taxation (Note 10)	6,150	5,020
	Prepayments and accrued income	-	168
	Accrued income	34,533	85,537
		─────────	─────────
		211,862	227,029
		═════════	═════════


8.	Creditors	2026	2025
	Amounts falling due within one year	£	£

	Bank overdrafts	19,869	22,822
	Bank loan	49,339	60,048
	Net obligations under finance leases
	and hire purchase contracts	25,462	13,250
	Trade creditors	235,785	189,346
	Taxation (Note 10)	48,266	33,543
	Director's current account	4	-
	Accruals	754	728
		─────────	─────────
		379,479	319,737
		═════════	═════════


9.	Creditors	2026	2025
	Amounts falling due after more than one year	£	£

	Bank loan	187,398	209,163
	Finance leases and hire purchase contracts	54,978	20,835
		─────────	─────────
		242,376	229,998
		═════════	═════════

	Loans
	Repayable in one year or less, or on demand (Note 8)	69,208	82,870
	Repayable between one and two years	42,672	56,715
	Repayable between two and five years	70,405	111,079
	Repayable in five years or more	74,321	41,369
		─────────	─────────
		256,606	292,033
		═════════	═════════


	Net obligations under finance leases
	and hire purchase contracts
	Repayable within one year	25,462	13,250
	Repayable between one and five years	26,132	12,118
	Repayable after five years	28,846	8,717
		─────────	─────────
		80,440	34,085
		═════════	═════════


10.	Taxation	2026	2025
		£	£

	Debtors:
	VAT	6,150	5,020
		═════════	═════════
	Creditors:
	Corporation tax	46,479	29,847
	PAYE / NI	1,787	3,696
		─────────	─────────
		48,266	33,543
		═════════	═════════

11.

Provisions for liabilities

The amounts provided for deferred taxation are analysed below:

Capital

Total

Total

allowances

2026

2025

At financial year start

43,952

43,952

Charged to profit and loss

8,963

8,963

43,952

─────────

At financial year end

52,915

43,952

═════════

12.

Capital commitments

The company had no material capital commitments at the financial year-ended 31 January 2026.

13.

Post-Balance Sheet Events

There have been no significant events affecting the company since the financial year-end.

Nortons Fencing Limited

SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS

TRADING STATEMENT

for the financial year ended 31 January 2026




		2026	2025
	Schedule	£	£

Sales		1,728,220	1,127,190
Cost of sales	1	(1,233,365)	(755,111)
		─────────	─────────
Gross profit		494,855	372,079
		─────────	─────────
Gross profit Percentage		28.6%	33.0%
		─────────	─────────

Overhead expenses	2	(359,103)	(328,427)
		─────────	─────────
		135,752	43,652

Miscellaneous income	3	57	1,569
		─────────	─────────
Net profit		135,809	45,221
		═════════	═════════

Nortons Fencing Limited

SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS

SCHEDULE 1 : COST OF SALES

for the financial year ended 31 January 2026




	2026	2025
	£	£
Cost of Sales

Opening stock	35,000	29,842
Purchases	979,206	584,393
Subcontractors	289,159	175,876
	─────────	─────────
	1,303,365	790,111
Closing stock	(70,000)	(35,000)
	─────────	─────────
	1,233,365	755,111
	═════════	═════════

Nortons Fencing Limited

SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS

SCHEDULE 2 : OVERHEAD EXPENSES

for the financial year ended 31 January 2026




	2026	2025
	£	£

Administration Expenses

Wages and salaries (including director's remuneration)

12,570

15,229

Social security costs

821

Subscriptions

893

125

Use of premises

312

312

Rent payable

748

470

Insurance

21,263

13,079

Bookkeeping

4,627

Repairs and maintenance

30,918

27,543

Printing, postage and stationery

459

3,221

Advertising

53,778

38,521

Telephone Broadband

5,658

5,083

Computer costs

2,443

2,012

Hire of equipment

4,288

620

Motor expenses

61,308

36,835

Travelling and entertainment

48,076

53,271

Entertaining

2,106

3,432

Legal and professional

1,062

2,025

Consultancy fees

1,830

1,803

Accountancy Fees

7,750

4,040

CT interest

755

697

Bank charges

3,045

5,717

Profit/loss on exchange

4,957

396

VAT penalties

305

731

General expenses

885

Profits/losses on disposal of tangibles

(33,481)

Depreciation of tangible assets

93,886

82,778

─────────

326,635

302,613

─────────

Finance

Other interest	32,468	25,814
	─────────	─────────

Total Overheads	359,103	328,427
	═════════	═════════

Nortons Fencing Limited

SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS

SCHEDULE 3 : MISCELLANEOUS INCOME

for the financial year ended 31 January 2026




	2026	2025
	£	£
Miscellaneous Income

Other Interest	26	1,531
Bank Interest	31	38
	─────────	─────────
	57	1,569
	═════════	═════════