Company Registration No. 04645065 (England and Wales)
Cotswold and Vale Fencing and Landscape Supplies Limited
Unaudited accounts
for the year ended 28 February 2025
Cotswold and Vale Fencing and Landscape Supplies Limited
Unaudited accounts
Contents
Cotswold and Vale Fencing and Landscape Supplies Limited
Company Information
for the year ended 28 February 2025
Directors
Mr Christopher Kenneth Dudfield
Mr Simon Nicholas Dudfield
Company Number
04645065 (England and Wales)
Registered Office
NATTON HOUSE NATTON
ASHCHURCH
TEWKESBURY
GLOUCESTERSHIRE
GL20 7BG
Accountants
The Practice - Chartered Management Accountants
2 New Street
Ledbury
Herefordshire
HR8 2DX
Cotswold and Vale Fencing and Landscape Supplies Limited
Statement of financial position
as at 28 February 2025
Tangible assets
12,222
16,296
Inventories
250,000
200,000
Cash at bank and in hand
77,007
149,034
Creditors: amounts falling due within one year
(163,684)
(170,516)
Net current assets
256,435
248,797
Total assets less current liabilities
268,657
265,093
Creditors: amounts falling due after more than one year
(2,500)
(12,499)
Provisions for liabilities
Other provisions
(2,017)
(2,017)
Net assets
264,140
250,577
Called up share capital
100
100
Profit and loss account
264,040
250,477
Shareholders' funds
264,140
250,577
For the year ending 28 February 2025 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 7 November 2025 and were signed on its behalf by
Mr Simon Nicholas Dudfield
Director
Company Registration No. 04645065
Cotswold and Vale Fencing and Landscape Supplies Limited
Notes to the Accounts
for the year ended 28 February 2025
Cotswold and Vale Fencing and Landscape Supplies Limited is a private company, limited by shares, registered in England and Wales, registration number 04645065. The registered office is NATTON HOUSE NATTON, ASHCHURCH, TEWKESBURY, GLOUCESTERSHIRE, GL20 7BG.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% of written down value
Motor vehicles
25% of written down value
Fixtures & fittings
25% of written down value
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Cotswold and Vale Fencing and Landscape Supplies Limited
Notes to the Accounts
for the year ended 28 February 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2024
31,915
69,880
3,522
105,317
At 28 February 2025
31,915
69,880
3,522
105,317
At 1 March 2024
18,820
66,716
3,485
89,021
Charge for the year
3,274
791
9
4,074
At 28 February 2025
22,094
67,507
3,494
93,095
At 28 February 2025
9,821
2,373
28
12,222
At 29 February 2024
13,095
3,164
37
16,296
Amounts falling due within one year
Trade debtors
91,298
68,465
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,000
10,000
Trade creditors
122,282
105,029
Taxes and social security
7,228
17,144
Other creditors
(33)
15,136
Loans from directors
22,282
21,282
7
Creditors: amounts falling due after more than one year
2025
2024
8
Transactions with related parties
Loan from director - 0% Interest with no set repayment date.
Mr S. N. Dudfield £11,141 (2024 £10,641)
Mr C Dudfield £11,141 (2024 £10,641)
9
Average number of employees
During the year the average number of employees was 4 (2024: 4).