REGISTERED NUMBER: 05695370 (England and Wales)

M & G FENCING & GARDENING SERVICES

LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M A Giles

Mr M A W Giles

REGISTERED OFFICE:

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

REGISTERED NUMBER:

05695370 (England and Wales)

ACCOUNTANTS:

Andreas Kounnis Limited

Chartered Certified Accountants

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

FIXED ASSETS

Property, plant and equipment

4

9,773

19,066

CURRENT ASSETS

Debtors

5

3,057

2,257

CREDITORS

Amounts falling due within one year

6

(17,641

)

(17,214

)

NET CURRENT LIABILITIES

(14,584

)

(14,957

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(4,811

)

4,109

CREDITORS

Amounts falling due after more than one year

7

(2,356

)

(8,619

)

PROVISIONS FOR LIABILITIES

(4,830

)

(4,830

)

NET LIABILITIES

(11,997

)

(9,340

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(11,999

)

(9,342

)

SHAREHOLDERS' FUNDS

(11,997

)

(9,340

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 10 November 2025 and were signed on its behalf by:

Mr M A Giles - Director

1.	STATUTORY INFORMATION

M & G Fencing & Gardening Services 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 represents gross work completed. The turnover is recognised on the completion of the work.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 March 2024

74,972

1,920

76,892

Disposals

(14,306

)

-

(14,306

)

At 28 February 2025

60,666

1,920

62,586

DEPRECIATION

At 1 March 2024

56,348

1,478

57,826

Charge for year

4,656

111

4,767

Eliminated on disposal

(9,780

)

-

(9,780

)

At 28 February 2025

51,224

1,589

52,813

NET BOOK VALUE

At 28 February 2025

9,442

331

9,773

At 29 February 2024

18,624

442

19,066

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Other debtors

3,057

2,257

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Bank loans and overdrafts

6,610

4,950

Hire purchase contracts

5,313

5,313

Trade creditors

3,275

2,503

Other creditors

2,443

4,448

17,641

17,214

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.25

29.2.24

£

£

Bank loans

673

3,060

Hire purchase contracts

1,683

5,559

2,356

8,619

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr M A Giles.