Company Registration No. 11065519 (England and Wales)
SLK SCAFFOLDING LTD
Unaudited accounts
for the year ended 30 November 2021
SLK SCAFFOLDING LTD
Unaudited accounts
Contents
SLK SCAFFOLDING LTD
Company Information
for the year ended 30 November 2021
Company Number
11065519 (England and Wales)
Registered Office
21 HYDE PARK ROAD
LEEDS
LS6 1PY
ENGLAND
Accountants
HLA Accountants
21 Hyde Park Road
Leeds
West Yorkshire
LS6 1PY
SLK SCAFFOLDING LTD
Statement of financial position
as at 30 November 2021
Tangible assets
57,067
57,293
Cash at bank and in hand
399,679
71,377
Creditors: amounts falling due within one year
(81,570)
(56,466)
Net current assets
402,703
60,327
Total assets less current liabilities
459,770
117,620
Creditors: amounts falling due after more than one year
(347,806)
(50,000)
Called up share capital
100
100
Profit and loss account
111,864
67,520
Shareholders' funds
111,964
67,620
For the year ending 30 November 2021 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 director acknowledges his 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 and authorised for issue on 15 August 2022 and were signed on its behalf by
Scott FRANKS
Director
Company Registration No. 11065519
SLK SCAFFOLDING LTD
Notes to the Accounts
for the year ended 30 November 2021
SLK SCAFFOLDING LTD is a private company, limited by shares, registered in England and Wales, registration number 11065519. The registered office is 21 HYDE PARK ROAD, LEEDS, LS6 1PY, ENGLAND.
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.
The accounts are presented in £ sterling.
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.
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:
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.
Government grants Covid 19
Government grants in relation to job retention scheme are credited to profit and loss account , whereas those in relation to expenditure are charged to profit and loss.
Also, local council grants are received in terms of Covid-19 pandemic are credit to profit and loss account under other operating expenses, whereas all fixed cost against these are debited in the profit and loss account too.
SLK SCAFFOLDING LTD
Notes to the Accounts
for the year ended 30 November 2021
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 December 2020
56,032
34,041
90,073
At 30 November 2021
70,073
34,041
104,114
At 1 December 2020
25,972
6,808
32,780
Charge for the year
8,820
5,447
14,267
At 30 November 2021
34,792
12,255
47,047
At 30 November 2021
35,281
21,786
57,067
At 30 November 2020
30,060
27,233
57,293
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
58,931
45,316
Debtors: amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2021
2020
Trade creditors
58,947
47,817
Taxes and social security
21,623
7,649
Other creditors
1,000
1,000
7
Creditors: amounts falling due after more than one year
2021
2020
8
Average number of employees
During the year the average number of employees was 2 (2020: 2).