Company Registration No. 04936324 (England and Wales)
1st Choice Scaffolding Limited
Unaudited accounts
for the year ended 31 March 2023
1st Choice Scaffolding Limited
Unaudited accounts
Contents
1st Choice Scaffolding Limited
Company Information
for the year ended 31 March 2023
Company Number
04936324 (England and Wales)
Registered Office
Unit 2
Manor Complex
Kirkby Bank Road
Liverpool
L33 7SY
Accountants
My Accountancy Hub
Level One, Basecamp Liverpool
49 Jamaica Street
Liverpool
L1 0AH
1st Choice Scaffolding Limited
Statement of financial position
as at 31 March 2023
Tangible assets
131,019
121,262
Cash at bank and in hand
6,807
28,625
Creditors: amounts falling due within one year
(123,401)
(143,734)
Net current liabilities
(72,169)
(77,132)
Called up share capital
1,000
1,000
Profit and loss account
57,850
43,130
Shareholders' funds
58,850
44,130
For the year ending 31 March 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 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 14 November 2023 and were signed on its behalf by
Mr A Ball
Director
Company Registration No. 04936324
1st Choice Scaffolding Limited
Notes to the Accounts
for the year ended 31 March 2023
1st Choice Scaffolding Limited is a private company, limited by shares, registered in England and Wales, registration number 04936324. The registered office is Unit 2, Manor Complex, Kirkby Bank Road, Liverpool, L33 7SY.
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.
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
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
114,376
10,652
55,353
180,381
Additions
-
-
14,950
14,950
At 31 March 2023
114,376
10,652
70,303
195,331
At 1 April 2022
-
7,990
51,129
59,119
Charge for the year
-
399
4,794
5,193
At 31 March 2023
-
8,389
55,923
64,312
At 31 March 2023
114,376
2,263
14,380
131,019
At 31 March 2022
114,376
2,662
4,224
121,262
Amounts falling due within one year
Trade debtors
44,425
37,977
1st Choice Scaffolding Limited
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
6,711
4,846
Taxes and social security
14,505
23,085
Other creditors
17,500
17,500
Loans from directors
68,502
81,862
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Average number of employees
During the year the average number of employees was 6 (2022: 6).