Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31false102023-01-01falseNo description of principal activity12trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 05678514 2023-01-01 2023-12-31 05678514 2022-01-01 2022-12-31 05678514 2023-12-31 05678514 2022-12-31 05678514 c:CompanySecretary1 2023-01-01 2023-12-31 05678514 c:Director1 2023-01-01 2023-12-31 05678514 c:Director2 2023-01-01 2023-12-31 05678514 c:RegisteredOffice 2023-01-01 2023-12-31 05678514 d:CurrentFinancialInstruments 2023-12-31 05678514 d:CurrentFinancialInstruments 2022-12-31 05678514 d:Non-currentFinancialInstruments 2023-12-31 05678514 d:Non-currentFinancialInstruments 2022-12-31 05678514 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 05678514 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 05678514 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 05678514 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 05678514 d:ShareCapital 2023-12-31 05678514 d:ShareCapital 2022-12-31 05678514 d:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 05678514 d:RetainedEarningsAccumulatedLosses 2023-12-31 05678514 d:RetainedEarningsAccumulatedLosses 2022-12-31 05678514 c:OrdinaryShareClass1 2023-01-01 2023-12-31 05678514 c:OrdinaryShareClass1 2023-12-31 05678514 c:OrdinaryShareClass1 2022-12-31 05678514 c:FRS102 2023-01-01 2023-12-31 05678514 c:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 05678514 c:FullAccounts 2023-01-01 2023-12-31 05678514 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 05678514 2 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 05678514










WILLIAMS SCAFFOLDING SERVICES LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
WILLIAMS SCAFFOLDING SERVICES LTD
 

COMPANY INFORMATION


DIRECTORS
NICK TOKELY 
ALEX WILLIAMS 




COMPANY SECRETARY
KELLY WILLIAMS



REGISTERED NUMBER
05678514



REGISTERED OFFICE
BAGINSKY COHEN
930 HIGH ROAD

LONDON

N12 9RT




ACCOUNTANTS
BAGINSKY COHEN

930 HIGH ROAD

LONDON

N12 9RT





 
WILLIAMS SCAFFOLDING SERVICES LTD
 

CONTENTS



Page
Accountants' report
 
 
1
Balance sheet
 
 
2
Notes to the financial statements
 
 
3 - 6


 
WILLIAMS SCAFFOLDING SERVICES LTD
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF WILLIAMS SCAFFOLDING SERVICES LTD
FOR THE YEAR ENDED 31 DECEMBER 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Williams Scaffolding Services Ltd for the year ended 31 December 2023 which comprise the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of directors of Williams Scaffolding Services Ltd, as a body, in accordance with the terms of our engagement letter dated 11 April 2024Our work has been undertaken solely to prepare for your approval the financial statements of Williams Scaffolding Services Ltd  and state those matters that we have agreed to state to the Board of directors of Williams Scaffolding Services Ltd, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Williams Scaffolding Services Ltd and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Williams Scaffolding Services Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Williams Scaffolding Services Ltd. You consider that Williams Scaffolding Services Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Williams Scaffolding Services Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  

BAGINSKY COHEN
930 HIGH ROAD
LONDON
N12 9RT
30 August 2024
Page 1

 
WILLIAMS SCAFFOLDING SERVICES LTD
REGISTERED NUMBER: 05678514

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2023
2022
2022
Note
£
£
£
£

  

CURRENT ASSETS
  

Debtors
  
183,476
176,901

Cash at bank and in hand
 4 
287,598
184,548

  
471,074
361,449

Creditors: amounts falling due within one year
 5 
(170,772)
(64,221)

NET CURRENT ASSETS
  
 
 
300,302
 
 
297,228

Creditors: amounts falling due after more than one year
 6 
(106,499)
(56,138)

  

NET ASSETS
  
193,803
241,090


CAPITAL AND RESERVES
  

Called up share capital 
 7 
100
100

Profit and loss account
 8 
193,703
240,990

  
193,803
241,090


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 comprehensive income 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 on 30 August 2024.


ALEX WILLIAMS
NICK TOKELY
Director
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
WILLIAMS SCAFFOLDING SERVICES LTD
 

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

1.ACCOUNTING POLICIES

 
1.1

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies (see note 2).

The following principal accounting policies have been applied:

 
1.2

OPERATING LEASES: THE COMPANY AS LESSEE

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
1.3

INTEREST INCOME

Interest income is recognised in profit or loss using the effective interest method.

 
1.4

PENSIONS

DEFINED CONTRIBUTION PENSION PLAN

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
1.5

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 balance sheet date in the countries where the Company operates and generates income.

 
1.6

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.

Page 3

 
WILLIAMS SCAFFOLDING SERVICES LTD
 

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

1.ACCOUNTING POLICIES (CONTINUED)

 
1.7

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
1.8

CREDITORS

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
1.9

FINANCIAL INSTRUMENTS

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
1.10

DIVIDENDS

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


2.



JUDGMENTS IN APPLYING ACCOUNTING POLICIES AND KEY SOURCES OF ESTIMATION UNCERTAINTY

In the application of the company’s accounting policies, which are described in note 1, management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 12 (2022 - 10).


4.


CASH AND CASH EQUIVALENTS

2023
2022
£
£

Cash at bank and in hand
287,598
184,548


Page 4

 
WILLIAMS SCAFFOLDING SERVICES LTD
 

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

5.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023
2022
£
£

Trade creditors
65,623
14,898

Corporation tax
85,862
28,872

Other taxation and social security
9,876
13,201

Other creditors
2,161
-

Accruals and deferred income
7,250
7,250

170,772
64,221



6.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2023
2022
£
£

Amounts owed to group undertakings
106,499
56,138



7.


SHARE CAPITAL

2023
2022
£
£
ALLOTTED, CALLED UP AND FULLY PAID



100 (2022 - 100) Ordinary Shares of £1.00 each
100
100



8.


RESERVES

Profit and loss account

This includes all current and prior period retained profit and losses. 


9.


PENSION COMMITMENTS

The company operates a defined contribution scheme. The assets of the scheme are held seperately from those of the company in an independantly authorised administered fund. The pension cost charged represents contributions payable by the company to the fund and amounted to £12,981(2022 : £12,497).


10.


RELATED PARTY TRANSACTION

The company hired equipment and incurred a management charge from its parent company, Tokely Williams (London) Limited to the value of £173,000 (2022:£173,000). The balance owing to Tokely Williams (London) Limited at the balance sheet date was £106,499. (2022: £56,138)

Page 5

 
WILLIAMS SCAFFOLDING SERVICES LTD
 

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

11.


CONTROLLING PARTY

The Company's ultimate controlling party is Tokely Williams (London) Limited.

Page 6