Caseware UK (AP4) 2022.0.179 2022.0.179 2022-10-312022-10-311No description of principal activity12021-11-01falsefalsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11607655 2021-11-01 2022-10-31 11607655 2020-11-01 2021-10-31 11607655 2022-10-31 11607655 2021-10-31 11607655 c:Director1 2021-11-01 2022-10-31 11607655 d:PlantMachinery 2021-11-01 2022-10-31 11607655 d:PlantMachinery 2022-10-31 11607655 d:PlantMachinery 2021-10-31 11607655 d:PlantMachinery d:OwnedOrFreeholdAssets 2021-11-01 2022-10-31 11607655 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2021-11-01 2022-10-31 11607655 d:MotorVehicles 2021-11-01 2022-10-31 11607655 d:MotorVehicles 2022-10-31 11607655 d:MotorVehicles 2021-10-31 11607655 d:MotorVehicles d:OwnedOrFreeholdAssets 2021-11-01 2022-10-31 11607655 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2021-11-01 2022-10-31 11607655 d:FurnitureFittings 2021-11-01 2022-10-31 11607655 d:FurnitureFittings 2022-10-31 11607655 d:FurnitureFittings 2021-10-31 11607655 d:FurnitureFittings d:OwnedOrFreeholdAssets 2021-11-01 2022-10-31 11607655 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2021-11-01 2022-10-31 11607655 d:OwnedOrFreeholdAssets 2021-11-01 2022-10-31 11607655 d:LeasedAssetsHeldAsLessee 2021-11-01 2022-10-31 11607655 d:CurrentFinancialInstruments 2022-10-31 11607655 d:CurrentFinancialInstruments 2021-10-31 11607655 d:Non-currentFinancialInstruments 2022-10-31 11607655 d:Non-currentFinancialInstruments 2021-10-31 11607655 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 11607655 d:CurrentFinancialInstruments d:WithinOneYear 2021-10-31 11607655 d:Non-currentFinancialInstruments d:AfterOneYear 2022-10-31 11607655 d:Non-currentFinancialInstruments d:AfterOneYear 2021-10-31 11607655 d:ShareCapital 2022-10-31 11607655 d:ShareCapital 2021-10-31 11607655 d:RetainedEarningsAccumulatedLosses 2022-10-31 11607655 d:RetainedEarningsAccumulatedLosses 2021-10-31 11607655 c:FRS102 2021-11-01 2022-10-31 11607655 c:AuditExempt-NoAccountantsReport 2021-11-01 2022-10-31 11607655 c:FullAccounts 2021-11-01 2022-10-31 11607655 c:PrivateLimitedCompanyLtd 2021-11-01 2022-10-31 11607655 d:HirePurchaseContracts d:WithinOneYear 2022-10-31 11607655 d:HirePurchaseContracts d:WithinOneYear 2021-10-31 11607655 d:HirePurchaseContracts d:BetweenOneFiveYears 2022-10-31 11607655 d:HirePurchaseContracts d:BetweenOneFiveYears 2021-10-31 11607655 2 2021-11-01 2022-10-31 iso4217:GBP xbrli:pure

Registered number: 11607655









FIRST CALL SCAFFOLDING LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2022

 
FIRST CALL SCAFFOLDING LTD
REGISTERED NUMBER: 11607655

STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2022

2022
2021
£
£

Fixed assets

Tangible assets
199,838
155,196

199,838
155,196

Current assets

Debtors: amounts falling due within one year
65,117
87,723

Cash at bank and in hand
15,728
8,743

80,845
96,466

Creditors: amounts falling due within one year
(88,811)
(68,308)

Net current (liabilities)/assets
 
 
(7,966)
 
 
28,158

Total assets less current liabilities
191,872
183,354

Creditors: amounts falling due after more than one year
(98,796)
(92,768)


Net assets
93,076
90,586


Capital and reserves

Called up share capital 
1
1

Profit and loss account
93,075
90,585

93,076
90,586


Page 1

 
FIRST CALL SCAFFOLDING LTD
REGISTERED NUMBER: 11607655
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 OCTOBER 2022

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 



................................................
S J Harbut
Director

Date: 27 October 2023

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
FIRST CALL SCAFFOLDING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

1.


General information

The principal activity of First Call Scaffolding Ltd ("the Company") is that of scaffolding contractors.
The Company is a private company limited by shares and is incorporated in England and Wales.
The registered office address is Hornes Farm Mount Road, Theydon Garnon, Epping, England, CM16 7PH.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Operating leases: the Company as lessee

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

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

The Company has taken advantage of the optional exemption available on transition to FRS 102 which allows lease incentives on leases entered into before the date of transition to the standard 01 November 2020 to continue to be charged over the period to the first market rent review rather than the term of the lease.

Page 3

 
FIRST CALL SCAFFOLDING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

2.Accounting policies (continued)

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
12.5% Reducing Balance
Motor vehicles
-
20% Reducing balance
Fixtures and fittings
-
25% Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 4

 
FIRST CALL SCAFFOLDING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

2.Accounting policies (continued)

 
2.9

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties.
(i) Financial assets
Basic financial assets, including trade and other debtors are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Such assets are subsequently carried at amortised cost using the effective interest method.
At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in the Statement of Retained Earnings.
Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.
(ii) Financial liabilities
Basic financial liabilities, including trade creditors and accruals, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2021 - 1).

Page 5

 
FIRST CALL SCAFFOLDING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Fixtures and fittings
Total

£
£
£
£



Cost or valuation


At 1 November 2021
187,162
39,700
312
227,174


Additions
55,080
21,750
-
76,830



At 31 October 2022

242,242
61,450
312
304,004



Depreciation


At 1 November 2021
52,526
19,374
78
71,978


Charge for the year on owned assets
23,714
410
58
24,182


Charge for the year on financed assets
-
8,006
-
8,006



At 31 October 2022

76,240
27,790
136
104,166



Net book value



At 31 October 2022
166,002
33,660
176
199,838


5.


Debtors

2022
2021
£
£


Trade debtors
57,978
20,823

Other debtors
995
66,900

Prepayments and accrued income
6,144
-

65,117
87,723


Page 6

 
FIRST CALL SCAFFOLDING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022

6.


Creditors: Amounts falling due within one year

2022
2021
£
£

Bank loans
6,000
6,631

Trade creditors
28,444
10,991

Other taxation and social security
4,163
4,739

Obligations under finance lease and hire purchase contracts
6,955
6,222

Other creditors
43,249
39,725

88,811
68,308



7.


Creditors: Amounts falling due after more than one year

2022
2021
£
£

Bank and other loans
85,463
90,813

Net obligations under finance leases and hire purchase contracts
13,333
1,955

98,796
92,768



8.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2022
2021
£
£


Within one year
6,955
6,222

Between 1-5 years
13,333
1,955

20,288
8,177

 
Page 7