IRIS Accounts Production v24.1.4.33 04585085 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false false true false 207924 117310 222126 454175 219555 363561 210495 207924 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh045850852023-03-31045850852024-03-31045850852023-04-012024-03-31045850852022-03-31045850852022-04-012023-03-31045850852023-03-3104585085ns15:EnglandWales2023-04-012024-03-3104585085ns14:PoundSterling2023-04-012024-03-3104585085ns10:Director12023-04-012024-03-3104585085ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3104585085ns10:SmallEntities2023-04-012024-03-3104585085ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3104585085ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3104585085ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3104585085ns10:FullAccounts2023-04-012024-03-310458508512023-04-012024-03-310458508542ns10:Director22023-03-310458508542ns10:Director22022-03-310458508542ns10:Director22023-04-012024-03-310458508542ns10:Director22022-04-012023-03-310458508542ns10:Director22024-03-310458508542ns10:Director22023-03-3104585085ns10:Director22023-04-012024-03-3104585085ns10:RegisteredOffice2023-04-012024-03-3104585085ns5:CurrentFinancialInstruments2024-03-3104585085ns5:CurrentFinancialInstruments2023-03-3104585085ns5:Non-currentFinancialInstruments2024-03-3104585085ns5:Non-currentFinancialInstruments2023-03-3104585085ns5:ShareCapital2024-03-3104585085ns5:ShareCapital2023-03-3104585085ns5:RetainedEarningsAccumulatedLosses2024-03-3104585085ns5:RetainedEarningsAccumulatedLosses2023-03-3104585085ns5:NetGoodwill2023-04-012024-03-3104585085ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3104585085ns5:PlantMachinery2023-04-012024-03-3104585085ns5:MotorVehicles2023-04-012024-03-3104585085ns5:ComputerEquipment2023-04-012024-03-3104585085ns5:NetGoodwill2023-03-3104585085ns5:NetGoodwill2024-03-3104585085ns5:NetGoodwill2023-03-3104585085ns5:LandBuildings2023-03-3104585085ns5:PlantMachinery2023-03-3104585085ns5:MotorVehicles2023-03-3104585085ns5:ComputerEquipment2023-03-3104585085ns5:LandBuildings2023-04-012024-03-3104585085ns5:LandBuildings2024-03-3104585085ns5:PlantMachinery2024-03-3104585085ns5:MotorVehicles2024-03-3104585085ns5:ComputerEquipment2024-03-3104585085ns5:LandBuildings2023-03-3104585085ns5:PlantMachinery2023-03-3104585085ns5:MotorVehicles2023-03-3104585085ns5:ComputerEquipment2023-03-3104585085ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3104585085ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3104585085ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2024-03-3104585085ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-03-3104585085ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-03-3104585085ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-03-31045850851ns10:Director12023-03-31045850851ns10:Director12022-03-31045850851ns10:Director12023-04-012024-03-31045850851ns10:Director12022-04-012023-03-31045850851ns10:Director12024-03-31045850851ns10:Director12023-03-31
REGISTERED NUMBER: 04585085 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

P. J. SLATER SCAFFOLDING SERVICES
LIMITED

P. J. SLATER SCAFFOLDING SERVICES
LIMITED (REGISTERED NUMBER: 04585085)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


P. J. SLATER SCAFFOLDING SERVICES
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mrs E L Verrall-Slater
P J Slater





REGISTERED OFFICE: Unit 5, Accent Park
Bakewell Road
Orton Southgate
Peterborough
Cambridgeshire
PE2 6XS





REGISTERED NUMBER: 04585085 (England and Wales)





ACCOUNTANTS: GreenStones Limited
9 Commerce Road
Lynchwood
Peterborough
Cambridgeshire
PE2 6LR

P. J. SLATER SCAFFOLDING SERVICES
LIMITED (REGISTERED NUMBER: 04585085)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 5,040 6,300
Tangible assets 5 1,521,739 1,560,264
1,526,779 1,566,564

CURRENT ASSETS
Debtors 6 455,366 725,827
Cash at bank 93,227 166,265
548,593 892,092
CREDITORS
Amounts falling due within one
year

7

144,452

238,669
NET CURRENT ASSETS 404,141 653,423
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,930,920

2,219,987

CREDITORS
Amounts falling due after more
than one year

8

(239,866

)

(346,422

)

PROVISIONS FOR LIABILITIES (226,366 ) (179,358 )
NET ASSETS 1,464,688 1,694,207

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,464,588 1,694,107
SHAREHOLDERS' FUNDS 1,464,688 1,694,207

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

P. J. SLATER SCAFFOLDING SERVICES
LIMITED (REGISTERED NUMBER: 04585085)

BALANCE SHEET - continued
31 MARCH 2024


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 15 August 2024 and were signed on its behalf by:





P J Slater - Director


P. J. SLATER SCAFFOLDING SERVICES
LIMITED (REGISTERED NUMBER: 04585085)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

P. J. Slater Scaffolding Services Limited 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 as modified by the revaluation of certain 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty five years.

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.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 15% on reducing balance

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.


P. J. SLATER SCAFFOLDING SERVICES
LIMITED (REGISTERED NUMBER: 04585085)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 31,500
AMORTISATION
At 1 April 2023 25,200
Charge for year 1,260
At 31 March 2024 26,460
NET BOOK VALUE
At 31 March 2024 5,040
At 31 March 2023 6,300

P. J. SLATER SCAFFOLDING SERVICES
LIMITED (REGISTERED NUMBER: 04585085)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

5. TANGIBLE FIXED ASSETS
Freehold Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST OR VALUATION
At 1 April 2023 616,277 934,641 230,379 14,400 1,795,697
Additions - - 115,100 - 115,100
Disposals - (1,740 ) (81,765 ) - (83,505 )
At 31 March 2024 616,277 932,901 263,714 14,400 1,827,292
DEPRECIATION
At 1 April 2023 - 139,856 84,985 10,592 235,433
Charge for year - 59,360 55,605 573 115,538
Eliminated on disposal - (1,731 ) (43,687 ) - (45,418 )
At 31 March 2024 - 197,485 96,903 11,165 305,553
NET BOOK VALUE
At 31 March 2024 616,277 735,416 166,811 3,235 1,521,739
At 31 March 2023 616,277 794,785 145,394 3,808 1,560,264

Cost or valuation at 31 March 2024 is represented by:

Freehold Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
Valuation in 2023 - 660,000 - - 660,000
Cost 616,277 272,901 263,714 14,400 1,167,292
616,277 932,901 263,714 14,400 1,827,292

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 161,831 146,347
Other debtors 48,133 152,256
Directors' loan accounts 210,495 207,925
Tax 13,812 49,303
VAT 5,305 38,594
Prepayments 15,790 131,402
455,366 725,827

P. J. SLATER SCAFFOLDING SERVICES
LIMITED (REGISTERED NUMBER: 04585085)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 66,696 63,449
Hire purchase contracts and finance leases 30,596 33,569
Trade creditors 30,761 85,240
Tax (15,145 ) 26,778
Other creditors 6,658 4,815
Accrued expenses 24,886 24,818
144,452 238,669

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 11,443 66,696
Bank loans - 2-5 years - 11,443
Hire purchase contracts and finance leases 228,423 268,283
239,866 346,422

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
P J Slater and Mrs E L Verrall-Slater
Balance outstanding at start of year 207,924 117,310
Amounts advanced 222,126 454,175
Amounts repaid (219,555 ) (363,561 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 210,495 207,924

These loans are unsecured. The outstanding amounts were paid in full within 9 months of the year end.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr P J Slater and Mrs E L Verral-Slater.