NDP Fencing Centre Limited - Filleted accounts

Registered number

10919558

NDP Fencing Centre Limited

Unaudited Filleted Accounts

31 August 2026

NDP Fencing Centre Limited
Registered number:		10919558
Balance Sheet
as at 31 August 2026

Notes			2026			2025
£				£
Fixed assets
Intangible assets	3		5,000			10,000
Tangible assets	4		180,829			109,831
			185,829			119,831

Current assets
Stocks		110,669			118,426
Debtors	5	14,420			16,761
Cash at bank and in hand		504,145			399,395
		629,234			534,582

Creditors: amounts falling due within one year	6	(85,062)			(61,807)

Net current assets			544,172			472,775

Total assets less current liabilities			730,001			592,606


Provisions for liabilities			(45,207)			(27,457)


Net assets			684,794			565,149

Capital and reserves
Called up share capital			100			100
Profit and loss account			684,694			565,049

Shareholders' funds			684,794			565,149

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




K Osborne
Director
Approved by the board on 27 October 2026

NDP Fencing Centre Limited
Notes to the Accounts
for the year ended 31 August 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 3 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		5		5


3	Intangible fixed assets				£
	Goodwill:

	Cost
	At 1 September 2025				50,000
	At 31 August 2026				50,000

	Amortisation
	At 1 September 2025				40,000
	Provided during the year				5,000
	At 31 August 2026				45,000

	Net book value
	At 31 August 2026				5,000
	At 31 August 2025				10,000

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 September 2025				303,186
	Additions				155,495
	Disposals				(118,427)
	At 31 August 2026				340,254

	Depreciation
	At 1 September 2025				193,355
	Charge for the year				65,265
	On disposals				(99,195)
	At 31 August 2026				159,425

	Net book value
	At 31 August 2026				180,829
	At 31 August 2025				109,831


5	Debtors		2026		2025
£				£

	Trade debtors		4,721		7,483
	Other debtors		9,699		9,278
			14,420		16,761


6	Creditors: amounts falling due within one year		2026		2025
£				£

	Trade creditors		473		250
	Taxation and social security costs		80,516		56,592
	Other creditors		4,073		4,965
			85,062		61,807


7	Other financial commitments		2026		2025
£				£

	Total future minimum payments under non-cancellable operating leases		342,006		382,242


8	Other information

	NDP Fencing Centre Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Brickhouse Hill, Fleet Road
	Eversley
	Hook
	Hampshire
	RG27 0PY