FSF Fencing Supplies Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07290635 (England and Wales)

FSF FENCING SUPPLIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

8

DIRECTOR:

Mr R G Allison

REGISTERED OFFICE:

C/o Four Seasons Fencing Ltd

Ashford Road

Bethersden

Ashford

Kent

TN26 3AT

REGISTERED NUMBER:

07290635 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

King Arthur's Court

Maidstone Road

Charing

Kent

TN27 0JS

FIXED ASSETS

Tangible assets

4

247,282

241,676

Investments

5

293,421

335,324

Investment property

6

374,941

915,644

951,941

CURRENT ASSETS

Stocks

7

318,975

348,998

Debtors

8

850,148

506,234

Cash at bank

223,552

171,635

1,392,675

1,026,867

CREDITORS

Amounts falling due within one year

9

(699,373

)

(446,227

)

NET CURRENT ASSETS

693,302

580,640

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,608,946

1,532,581

CREDITORS

Amounts falling due after more than one
year

10

(17,556

)

(5,179

)

PROVISIONS FOR LIABILITIES

(28,118

)

(4,253

)

NET ASSETS

1,563,272

1,523,149

CAPITAL AND RESERVES

Called up share capital

10,000

Retained earnings

1,553,272

1,513,149

1,563,272

1,523,149

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 October 2026 and were signed by:

Mr R G Allison - Director

1.	STATUTORY INFORMATION

FSF Fencing Supplies Limited 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.

Short leasehold

-

Straight line over 15 years

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in 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.

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.

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 10 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Short

Plant and

Motor

Computer

leasehold

machinery

vehicles

equipment

Totals

£

COST

At 1 November 2024

56,692

109,992

165,526

7,294

339,504

Additions

-

93,960

-

93,960

Disposals

-

(71,995

)

-

(71,995

)

Impairments

-

7,467

-

7,467

At 31 October 2025

56,692

109,992

194,958

7,294

368,936

DEPRECIATION

At 1 November 2024

6,331

30,396

58,834

2,267

97,828

Charge for year

3,798

15,919

33,254

1,005

53,976

Eliminated on disposal

-

(37,617

)

-

(37,617

)

Impairments

-

7,467

-

7,467

At 31 October 2025

10,129

46,315

61,938

3,272

121,654

NET BOOK VALUE

At 31 October 2025

46,563

63,677

133,020

4,022

247,282

At 31 October 2024

50,361

79,596

106,692

5,027

241,676

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 November 2024

and 31 October 2025

419,030

PROVISIONS

At 1 November 2024

83,706

Provision for year

41,903

At 31 October 2025

125,609

NET BOOK VALUE

At 31 October 2025

293,421

At 31 October 2024

335,324

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

and 31 October 2025

374,941

NET BOOK VALUE

At 31 October 2025

374,941

At 31 October 2024

374,941

7.

STOCKS

2025

2024

£

Stocks

318,975

348,998

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

345,761

228,483

Sundry debtors

66,076

R.G Allison Ltd

113,579

-

Loan Account Mark Scott

109,500

-

Directors' current accounts

202,231

Prepayments

13,001

9,444

850,148

506,234

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Hire purchase contracts

19,839

27,802

Trade creditors

471,022

174,098

Amounts owed to group undertakings

144,195

170,230

Corporation Tax

1,172

10,391

Social security and other taxes

9,176

3,811

VAT

41,977

43,412

Sundry creditors

3,902

4,087

Accrued expenses

8,090

12,396

699,373

446,227

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Hire purchase contracts

17,556

5,179

11.	RELATED PARTY DISCLOSURES

During the year ended 31/10/2025, the Company received the benefit of a loan forgiveness from Four Seasons Fencing Limited, a related party under common control. The loan had originally been provided to support capital investment into the business, and was previously recognised as a financial liability measured at amortised cost under Section 11 of FRS 102.

Following a review of the financial position and strategic intentions of both parties, the lender formally waived the outstanding balance of £340,459 over the next two years. In accordance with FRS 102, the derecognition of the liability has been recognised as income in the statement of profit or loss for the year.

As required by Section 33 of FRS 102, this transaction has been disclosed as a related party item. The income recognised in respect of the loan forgiveness is included in the related party note.

Management considers the transaction to be in the ordinary course of business and consistent with the financial support arrangements between the entities.

12.	PENSION COMMITMENTS

The Company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £15,379 (2024 - £15,379). Contributions totalling £590 (2024 - £590) were payable to the fund at the balance sheet date and are included in creditors.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of FSF Fencing Supplies Limited for the year ended 31 October 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the director of FSF Fencing Supplies Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of FSF Fencing Supplies Limited and state those matters that we have agreed to state to the director of FSF Fencing Supplies Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

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.

It is your duty to ensure that FSF Fencing Supplies 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 FSF Fencing Supplies Limited. You consider that FSF Fencing Supplies Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of FSF Fencing Supplies Limited. For this reason, we have not verified the 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.

Spurling Cannon

King Arthur's Court

Maidstone Road

Charing

Kent

TN27 0JS

15 October 2026