Caseware UK (AP4) 2022.0.179 2022.0.179 2023-07-312023-07-31false2022-08-01trueNo description of principal activity22falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10050838 2022-08-01 2023-07-31 10050838 2021-08-01 2022-07-31 10050838 2023-07-31 10050838 2022-07-31 10050838 2022-08-01 10050838 c:Director1 2022-08-01 2023-07-31 10050838 c:Director2 2022-08-01 2023-07-31 10050838 c:RegisteredOffice 2022-08-01 2023-07-31 10050838 d:FreeholdInvestmentProperty 2022-08-01 2023-07-31 10050838 d:FreeholdInvestmentProperty 2023-07-31 10050838 d:CurrentFinancialInstruments 2023-07-31 10050838 d:CurrentFinancialInstruments 2022-07-31 10050838 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 10050838 d:CurrentFinancialInstruments d:WithinOneYear 2022-07-31 10050838 d:ShareCapital 2023-07-31 10050838 d:ShareCapital 2022-07-31 10050838 d:RetainedEarningsAccumulatedLosses 2023-07-31 10050838 d:RetainedEarningsAccumulatedLosses 2022-07-31 10050838 c:FRS102 2022-08-01 2023-07-31 10050838 c:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 10050838 c:FullAccounts 2022-08-01 2023-07-31 10050838 c:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 10050838 6 2022-08-01 2023-07-31 iso4217:GBP xbrli:pure
Company registration number: 10050838







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 JULY 2023


S & K SCAFFOLDING HOLDINGS LIMITED






































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S & K SCAFFOLDING HOLDINGS LIMITED
 


 
COMPANY INFORMATION


Directors
Mr C J Sweeney 
Mr K P Sweeney 




Registered number
10050838



Registered office
3000a Parkway

Whiteley

Hampshire

PO15 7FX




Trading Address
Lotus House
Deer Park Farm Industrial Estate

Knowle Lane, Fair Oak

Eastleigh

Hampshire

SO50 7DZ






Accountants
Menzies LLP
Chartered Accountants

3000a Parkway

Whiteley

Hampshire

PO15 7FX





 


S & K SCAFFOLDING HOLDINGS LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 5


 


S & K SCAFFOLDING HOLDINGS LIMITED
REGISTERED NUMBER:10050838



STATEMENT OF FINANCIAL POSITION
AS AT 31 JULY 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
5,031,750
5,031,750

Investment property
 5 
1,574,623
-

  
6,606,373
5,031,750

Current assets
  

Debtors: amounts falling due within one year
 6 
6,680
-

Cash at bank and in hand
  
81,581
85,077

  
88,261
85,077

Creditors: amounts falling due within one year
 7 
(3,940,536)
(2,381,750)

Net current liabilities
  
 
 
(3,852,275)
 
 
(2,296,673)

Total assets less current liabilities
  
2,754,098
2,735,077

  

Net assets
  
2,754,098
2,735,077


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
2,754,096
2,735,075

  
2,754,098
2,735,077


Page 1

 


S & K SCAFFOLDING HOLDINGS LIMITED
REGISTERED NUMBER:10050838


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JULY 2023

The directors consider 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 directors acknowledge their 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: 




Mr C J Sweeney
Director

Date: 6 November 2023

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 


S & K SCAFFOLDING HOLDINGS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1.


General information

S & K Scaffolding Holdings Limited is a private company limited by shares and registered in England and Wales. The company's registered office, registered number and trading address are included on the Company Information
page.

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Page 3

 


S & K SCAFFOLDING HOLDINGS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

2.Accounting policies (continued)

 
2.4

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 August 2022
5,031,750



At 31 July 2023
5,031,750




Page 4

 


S & K SCAFFOLDING HOLDINGS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

5.


Investment property


Freehold investment property

£



Valuation


Additions at cost
1,574,623



At 31 July 2023
1,574,623

The 2023 valuations were made by the directors, on an open market value for existing use basis.



At 31 July 2023





6.


Debtors

2023
2022
£
£


Trade debtors
6,130
-

Prepayments and accrued income
550
-

6,680
-



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other loans
2,679,750
2,381,750

Amounts owed to group undertakings
1,251,623
-

Corporation tax
4,778
-

Accruals and deferred income
4,385
-

3,940,536
2,381,750


 
Page 5