REGISTERED NUMBER: 04268594 (England and Wales)

FOUR SEASONS FENCING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R G Allison

Mr P J Richards

Mr M D Jones

REGISTERED OFFICE:

Ashford Road

Bethersden

Ashford

Kent

TN26 3AT

REGISTERED NUMBER:

04268594 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

King Arthur's Court

Maidstone Road

Charing

Kent

TN27 0JS

FIXED ASSETS

Tangible assets

4

91,101

121,900

CURRENT ASSETS

Stocks

5

43,948

12,000

Debtors

6

1,373,807

929,594

Cash at bank

349,043

629,301

1,766,798

1,570,895

CREDITORS

Amounts falling due within one year

7

(970,096

)

(608,927

)

NET CURRENT ASSETS

796,702

961,968

TOTAL ASSETS LESS CURRENT LIABILITIES

887,803

1,083,868

CREDITORS

Amounts falling due after more than one year

8

-

(35,510

)

PROVISIONS FOR LIABILITIES

(17,634

)

(18,940

)

NET ASSETS

870,169

1,029,418

CAPITAL AND RESERVES

Called up share capital

20,003

20,003

Retained earnings

850,166

1,009,415

870,169

1,029,418

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 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 30 October 2026 and were signed on its behalf by:

Mr R G Allison - Director

1.	STATUTORY INFORMATION

Four Seasons Fencing 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

at variable rates on reducing balance

Motor vehicles

-

at variable rates on reducing balance

Computer equipment

-

at variable rates on reducing balance

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2024 - 22 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 November 2024

94,000

282,871

10,161

387,032

Additions

9,300

-

-

9,300

At 31 October 2025

103,300

282,871

10,161

396,332

DEPRECIATION

At 1 November 2024

83,985

172,778

8,369

265,132

Charge for year

2,182

37,476

441

40,099

At 31 October 2025

86,167

210,254

8,810

305,231

NET BOOK VALUE

At 31 October 2025

17,133

72,617

1,351

91,101

At 31 October 2024

10,015

110,093

1,792

121,900

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 November 2024

and 31 October 2025

115,249

DEPRECIATION

At 1 November 2024

62,434

Charge for year

27,082

At 31 October 2025

89,516

NET BOOK VALUE

At 31 October 2025

25,733

At 31 October 2024

52,815

5.

STOCKS

2025

2024

£

£

Stocks

43,948

12,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

517,837

737,248

Amounts owed by group undertakings

821,048

170,230

Sundry debtors

816

816

VAT

27,306

14,670

Prepayments and accrued income

6,800

6,630

1,373,807

929,594

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

36,022

38,619

Trade creditors

304,148

292,111

Corporation Tax

30,163

80,406

Social security and other taxes

12,998

14,641

Sundry creditors

171,255

171,137

Loan - Handelsbanken

407,838

-

Directors' current accounts

1,060

1,060

Accrued expenses

6,612

10,953

970,096

608,927

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

-

35,510

9.	RELATED PARTY DISCLOSURES

During the year ended 31/10/2025, the Company wrote off an intercompany loan receivable from FSF Fencing Supplies Limited, a related party under common control. The loan had originally been advanced to support initial capital investment in the business, but following a review of the counterparty’s financial position and future cash flows, management concluded that recovery was no longer probable.

In accordance with Section 11 of FRS 102, the loan was initially recognised at amortised cost. The write-off has been recognised as an expense in the statement of profit or loss for the year, reflecting the derecognition of the financial asset due to its impaired recoverability.

As required by Section 33 of FRS 102, the Company has disclosed the transaction as a related party item. The expense recognised during the period in respect of the bad debt due from the related party is included in the related party note. The write off of £340,459 will be realised in full over the next two accounting periods.

Management has applied judgement in determining the appropriate accounting treatment and disclosure, ensuring that the financial statements provide relevant and reliable information in accordance with paragraph 10.4 of FRS 102.

10.	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 £71,667 (2024 - £71,667). Contributions totalling £2,100 (2024 - £1,747) were payable to the fund at the balance sheet date and are included in creditors.