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Company Registration No. 00543529 (England and Wales)
Bromyard Timber and Fencing Limited Unaudited accounts for the year ended 31 March 2026
Bromyard Timber and Fencing Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Bromyard Timber and Fencing Limited Company Information for the year ended 31 March 2026
Directors
M P Redfern S C Redfern
Company Number
00543529 (England and Wales)
Registered Office
1 Station Road Bromyard Herefordshire HR7 4NT
Accountants
Diana Duggan & Co 27 East Street Hereford HR1 2LU
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Bromyard Timber and Fencing Limited Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
17,019
63,089
Current assets
Inventories
3,647
55,125
Debtors
5
5,417
10,299
Cash at bank and in hand
-
5
9,064
65,429
Creditors: amounts falling due within one year
6
(42,260)
(75,661)
Net current liabilities
(33,196)
(10,232)
Net (liabilities)/assets
(16,177)
52,857
Capital and reserves
Called up share capital
7
500
500
Profit and loss account
(16,677)
52,357
Shareholders' funds
(16,177)
52,857
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 May 2026 and were signed on its behalf by
S C Redfern Director Company Registration No. 00543529
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Bromyard Timber and Fencing Limited Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
Bromyard Timber and Fencing Limited is a private company, limited by shares, registered in England and Wales, registration number 00543529. The registered office is 1 Station Road, Bromyard, Herefordshire, HR7 4NT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
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. There were no material changes to accounting policies following adoption.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows: Turnover from supply of goods is recognised at point of sale.
Tangible fixed assets policy
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.
Land & buildings
2% straight line
Plant & machinery
10%/20% reducing balance
Motor vehicles
25% reducing balance
Current and deferred 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.
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Bromyard Timber and Fencing Limited Notes to the Accounts for the year ended 31 March 2026
Pension costs
The company operates a defined contribution pension scheme for the benefit of two of the directors amounting to £3000 (2025 £6,000). The assets of the scheme are administered by the trustees in a fund independent from those of the company. There is an auto-enrolment scheme for the employees.
Going concern
The accounts have been prepared on the going concern basis but the Directors are going to wind up the company in the next financial year and assets are all recoverable and by the 30th June 2026 the company will be in a solvent position.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 April 2025
28,109
108,819
143,146
280,074
Disposals
-
(93,756)
(143,146)
(236,902)
At 31 March 2026
28,109
15,063
-
43,172
Depreciation
At 1 April 2025
14,064
95,421
107,500
216,985
Charge for the year
562
393
-
955
On disposals
-
(84,287)
(107,500)
(191,787)
At 31 March 2026
14,626
11,527
-
26,153
Net book value
At 31 March 2026
13,483
3,536
-
17,019
At 31 March 2025
14,045
13,398
35,646
63,089
5
Debtors
2026
2025
£
£
Amounts falling due within one year
Trade debtors
4,235
6,048
Accrued income and prepayments
1,182
4,251
5,417
10,299
6
Creditors: amounts falling due within one year
2026
2025
£
£
Bank loans and overdrafts
13,177
27,259
Trade creditors
1,642
13,841
Other creditors
4,948
6,269
Loans from directors
16,893
23,192
Accruals
5,600
5,100
42,260
75,661
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Bromyard Timber and Fencing Limited Notes to the Accounts for the year ended 31 March 2026
7
Share capital
2026
2025
£
£
Allotted, called up and fully paid:
500 Ordinary shares of £1 each
500
500
8
Transactions with related parties
The company is under the control of M R Redfern and SC Redfern(directors and shareholders). The balance on the directors' current accounts is £36893 (2025 £23192). No interest is charged by the directors.
9
Average number of employees
During the year the average number of employees was 2 (2025: 3).
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