1 April 2023 false No description of principal activity Taxfiler 2024.1 14705812business:PrivateLimitedCompanyLtd2023-04-012024-03-31 147058122023-03-31 147058122023-04-012024-03-31 14705812business:AuditExemptWithAccountantsReport2023-04-012024-03-31 14705812business:FilletedAccounts2023-04-012024-03-31 147058122024-03-31 14705812business:Director12023-04-012024-03-31 14705812business:Director22023-04-012024-03-31 14705812business:RegisteredOffice2023-04-012024-03-31 14705812core:WithinOneYear2024-03-31 14705812core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 14705812core:PreviouslyStatedAmount2024-03-31 14705812business:SmallEntities2023-04-012024-03-31 14705812countries:EnglandWales2023-04-012024-03-31 14705812core:PlantMachinery2023-04-012024-03-31 14705812core:MotorVehicles2023-04-012024-03-31 14705812core:PlantMachinery2023-03-31 14705812core:MotorVehicles2023-03-31 14705812core:PlantMachinery2024-03-31 14705812core:MotorVehicles2024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 14705812 (England and Wales)
Prime Scaffolding Services Limited Unaudited accounts for the year ended 31 March 2024
Prime Scaffolding Services Limited Unaudited accounts Contents
Page
- 2 -
Prime Scaffolding Services Limited Company Information for the year ended 31 March 2024
Directors
Mr W Webster Mr G Bradley
Company Number
14705812 (England and Wales)
Registered Office
83 High Street Snainton Scarborough YO13 9AJ
Accountants
Alex May Accounting Services Limited 16 The Boulevard Eastfield Scarborough North Yorkshire YO11 3EX
- 3 -
Prime Scaffolding Services Limited Statement of financial position as at 31 March 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
67,508 
Current assets
Debtors
5,628 
Cash at bank and in hand
9,408 
15,036 
Creditors: amounts falling due within one year
(30,835)
Net current liabilities
(15,799)
Net assets
51,709 
Capital and reserves
Profit and loss account
51,709 
Shareholders' funds
51,709 
For the year ending 31 March 2024 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 6 April 2024 and were signed on its behalf by
Mr W Webster Director Company Registration No. 14705812
- 4 -
Prime Scaffolding Services Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Prime Scaffolding Services Limited is a private company, limited by shares, registered in England and Wales, registration number 14705812. The registered office is 83 High Street, Snainton, Scarborough, YO13 9AJ.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
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.
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
Deferred taxation
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.
- 5 -
Prime Scaffolding Services Limited Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
- 
- 
- 
Additions
73,318 
6,917 
80,235 
At 31 March 2024
73,318 
6,917 
80,235 
Depreciation
Charge for the year
10,998 
1,729 
12,727 
At 31 March 2024
10,998 
1,729 
12,727 
Net book value
At 31 March 2024
62,320 
5,188 
67,508 
5
Debtors
2024 
£ 
Amounts falling due within one year
VAT
1,588 
Trade debtors
4,040 
5,628 
6
Creditors: amounts falling due within one year
2024 
£ 
Taxes and social security
(555)
Loans from directors
31,390 
30,835 
7
Average number of employees
During the year the average number of employees was 2.
- 6 -