Company Registration No. 08534536 (England and Wales)
Eyre Scaffolding (Yorkshire) Ltd
Unaudited accounts
for the year ended 31 May 2023
Eyre Scaffolding (Yorkshire) Ltd
Unaudited accounts
Contents
Eyre Scaffolding (Yorkshire) Ltd
Company Information
for the year ended 31 May 2023
Directors
Mr Mark Eyre
Mr Gary Eyre
Company Number
08534536 (England and Wales)
Registered Office
8 Rowan Fields
Crossgates
Scarborough
North Yorkshire
YO12 4NQ
United Kingdom
Accountants
Wright Pottage Limited
Unit 5 The Link
Link Walk
Eastfield
Scarborough
YO11 3LR
Eyre Scaffolding (Yorkshire) Ltd
Statement of financial position
as at 31 May 2023
Tangible assets
235,991
171,227
Cash at bank and in hand
67,248
34,393
Creditors: amounts falling due within one year
(26,039)
(23,539)
Net current assets
87,599
61,540
Total assets less current liabilities
323,590
232,767
Creditors: amounts falling due after more than one year
(92,423)
(46,227)
Provisions for liabilities
Deferred tax
(38,144)
(22,266)
Net assets
193,023
164,274
Called up share capital
120
120
Profit and loss account
192,903
164,154
Shareholders' funds
193,023
164,274
For the year ending 31 May 2023 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 30 October 2023 and were signed on its behalf by
Mr Mark Eyre
Director
Company Registration No. 08534536
Eyre Scaffolding (Yorkshire) Ltd
Notes to the Accounts
for the year ended 31 May 2023
Eyre Scaffolding (Yorkshire) Ltd is a private company, limited by shares, registered in England and Wales, registration number 08534536. The registered office and principal place of business is 8 Rowan Fields, Crossgates, Scarborough, North Yorkshire, YO12 4NQ, United Kingdom.
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
15% Reducing Balance
Motor vehicles
25% Reducing Balance
Computer equipment
33% Straight Line
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
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.
Eyre Scaffolding (Yorkshire) Ltd
Notes to the Accounts
for the year ended 31 May 2023
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 June 2022
52,985
282,062
90,740
3,719
429,506
Additions
28,075
7,063
68,211
-
103,349
Disposals
-
-
(12,717)
-
(12,717)
At 31 May 2023
81,060
289,125
146,234
3,719
520,138
At 1 June 2022
-
187,795
67,006
3,478
258,279
Charge for the year
-
15,199
21,859
121
37,179
On disposals
-
-
(11,311)
-
(11,311)
At 31 May 2023
-
202,994
77,554
3,599
284,147
At 31 May 2023
81,060
86,131
68,680
120
235,991
At 31 May 2022
52,985
94,267
23,734
241
171,227
Amounts falling due within one year
Trade debtors
23,893
22,813
Accrued income and prepayments
2,634
3,258
Other debtors
19,863
24,615
Eyre Scaffolding (Yorkshire) Ltd
Notes to the Accounts
for the year ended 31 May 2023
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
25,429
23,553
Loans from directors
(6,981)
(8,552)
8
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
51,847
-
9
Average number of employees
During the year the average number of employees was 3 (2022: 3).