IRIS Accounts Production v23.4.0.336 12468310 Board of Directors Board of Directors 1.4.22 31.3.23 31.3.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh124683102022-03-31124683102023-03-31124683102022-04-012023-03-31124683102021-03-31124683102021-04-012022-03-31124683102022-03-3112468310ns15:EnglandWales2022-04-012023-03-3112468310ns14:PoundSterling2022-04-012023-03-3112468310ns10:Director12022-04-012023-03-3112468310ns10:Director22022-04-012023-03-3112468310ns10:PrivateLimitedCompanyLtd2022-04-012023-03-3112468310ns10:SmallEntities2022-04-012023-03-3112468310ns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3112468310ns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3112468310ns10:SmallCompaniesRegimeForAccounts2022-04-012023-03-3112468310ns10:FullAccounts2022-04-012023-03-311246831012022-04-012023-03-3112468310ns10:RegisteredOffice2022-04-012023-03-3112468310ns5:CurrentFinancialInstruments2023-03-3112468310ns5:CurrentFinancialInstruments2022-03-3112468310ns5:Non-currentFinancialInstruments2023-03-3112468310ns5:Non-currentFinancialInstruments2022-03-3112468310ns5:ShareCapital2023-03-3112468310ns5:ShareCapital2022-03-3112468310ns5:RetainedEarningsAccumulatedLosses2023-03-3112468310ns5:RetainedEarningsAccumulatedLosses2022-03-3112468310ns5:NetGoodwill2022-04-012023-03-3112468310ns5:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3112468310ns5:FurnitureFittings2022-04-012023-03-3112468310ns5:MotorVehicles2022-04-012023-03-3112468310ns5:ComputerEquipment2022-04-012023-03-3112468310ns5:NetGoodwill2022-03-3112468310ns5:NetGoodwill2023-03-3112468310ns5:NetGoodwill2022-03-3112468310ns5:FurnitureFittings2022-03-3112468310ns5:MotorVehicles2022-03-3112468310ns5:ComputerEquipment2022-03-3112468310ns5:FurnitureFittings2023-03-3112468310ns5:MotorVehicles2023-03-3112468310ns5:ComputerEquipment2023-03-3112468310ns5:FurnitureFittings2022-03-3112468310ns5:MotorVehicles2022-03-3112468310ns5:ComputerEquipment2022-03-3112468310ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3112468310ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3112468310ns5:HirePurchaseContractsns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3112468310ns5:HirePurchaseContractsns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3112468310ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2023-03-3112468310ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2022-03-3112468310ns5:HirePurchaseContracts2023-03-3112468310ns5:HirePurchaseContracts2022-03-3112468310ns5:BetweenOneFiveYears2023-03-3112468310ns5:BetweenOneFiveYears2022-03-31
REGISTERED NUMBER: 12468310 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

JLD Scaffold Services Ltd

JLD Scaffold Services Ltd (Registered number: 12468310)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JLD Scaffold Services Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTORS: J L Davies
Mrs K Blatch





REGISTERED OFFICE: c/o Ency Associates
Printware Court
Cumberland Business Centre
Portsmouth
Hampshire
PO5 1DS





REGISTERED NUMBER: 12468310 (England and Wales)





ACCOUNTANTS: Ency Associates
Chartered Certified Accountants
Printware Court
Cumberland Business Centre
Northumberland Road
Portsmouth
Hampshire
PO5 1DS

JLD Scaffold Services Ltd (Registered number: 12468310)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 26,813 7,872
26,813 7,872

CURRENT ASSETS
Stocks 37,730 36,799
Debtors 6 111,161 115,225
Cash at bank and in hand 5,689 13,632
154,580 165,656
CREDITORS
Amounts falling due within one year 7 106,556 118,709
NET CURRENT ASSETS 48,024 46,947
TOTAL ASSETS LESS CURRENT LIABILITIES 74,837 54,819

CREDITORS
Amounts falling due after more than one
year

8

(46,769

)

(38,334

)

PROVISIONS FOR LIABILITIES (5,094 ) (1,496 )
NET ASSETS 22,974 14,989

JLD Scaffold Services Ltd (Registered number: 12468310)

Balance Sheet - continued
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 22,874 14,889
22,974 14,989

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 March 2024 and were signed on its behalf by:




J L Davies - Director



Mrs K Blatch - Director


JLD Scaffold Services Ltd (Registered number: 12468310)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

JLD Scaffold Services Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business has been fully amortised over it its estimated useful life of one year.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures & fittings - 10% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


JLD Scaffold Services Ltd (Registered number: 12468310)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 1
AMORTISATION
At 1 April 2022
and 31 March 2023 1
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

JLD Scaffold Services Ltd (Registered number: 12468310)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

5. TANGIBLE FIXED ASSETS
Fixtures Motor Computer
& fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2022 1 13,997 1 13,999
Additions - 26,917 1,082 27,999
At 31 March 2023 1 40,914 1,083 41,998
DEPRECIATION
At 1 April 2022 1 6,125 1 6,127
Charge for year - 8,697 361 9,058
At 31 March 2023 1 14,822 362 15,185
NET BOOK VALUE
At 31 March 2023 - 26,092 721 26,813
At 31 March 2022 - 7,872 - 7,872

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 97,550 115,225
Other debtors 13,611 -
111,161 115,225

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 5,556 5,556
Hire purchase contracts (see note 9) 5,042 -
Trade creditors 15,138 5,497
Taxation and social security 26,027 36,048
Other creditors 54,793 71,608
106,556 118,709

JLD Scaffold Services Ltd (Registered number: 12468310)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans 32,779 38,334
Hire purchase contracts (see note 9) 13,990 -
46,769 38,334

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 10,556 16,111

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
31.3.23 31.3.22
£    £   
Net obligations repayable:
Within one year 5,042 -
Between one and five years 13,990 -
19,032 -

Non-cancellable operating leases
31.3.23 31.3.22
£    £   
Between one and five years 55,840 58,381

10. SECURED DEBTS

The following secured debts are included within creditors:

31.3.23 31.3.22
£    £   
Other creditors 43,596 62,914

Advantedge Commercial Finance Limited created a charge dated 13 August 2020.

11. ULTIMATE CONTROLLING PARTY

The controlling party is J L Davies.