Farm Fencing Limited Filleted accounts for Companies House (small and micro)
Farm Fencing Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
03166846
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Chartered Certified Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of
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Year ended 31st December 2021
Allen House
1 Westmead Road
Sutton
Surrey
SM1 4LA
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Statement of Financial Position |
2021 |
2020 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Current assets
Stocks |
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Debtors |
6 |
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Cash at bank and in hand |
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--------- |
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Creditors: amounts falling due within one year |
7 |
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Net current assets |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
8 |
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Net assets |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
29 September 2022
, and are signed on behalf of the board by:
J Matthews
A Matthews
Directors
Director
Company registration number:
03166846
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Notes to the Financial Statements |
Year ended 31st December 2021
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2a Shelvers Hill, Tadworth, Surrey, KT20 5PU, United Kingdom.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Judgements and key sources of estimation uncertainty
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and Machinery |
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Motor Vehicles |
- |
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Impairment of fixed assets
Stocks
Finance leases and hire purchase contracts
Government grants
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
18
(2020:
18
).
5.
Tangible assets
Plant and machinery |
Motor vehicles |
Total |
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£ |
£ |
£ |
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Cost |
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At 1st January 2021 |
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Additions |
– |
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Disposals |
– |
(
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(
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At 31st December 2021 |
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Depreciation |
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At 1st January 2021 |
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Charge for the year |
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Disposals |
– |
(
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(
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At 31st December 2021 |
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Carrying amount |
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At 31st December 2021 |
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At 31st December 2020 |
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6.
Debtors
2021 |
2020 |
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£ |
£ |
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Trade debtors |
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Other debtors |
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7.
Creditors:
amounts falling due within one year
2021 |
2020 |
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£ |
£ |
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Bank loans and overdrafts |
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– |
Trade creditors |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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8.
Creditors:
amounts falling due after more than one year
2021 |
2020 |
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£ |
£ |
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Bank loans and overdrafts |
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9.
Directors' advances, credits and guarantees
At no point during the year did advances/credits to the Director's Loan Account result in an overdrawn position.