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REGISTERED NUMBER: 11644509 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Hi-Stanford Scaffolding Limited

Hi-Stanford Scaffolding Limited (Registered number: 11644509)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Hi-Stanford Scaffolding Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: J J R Smith





REGISTERED OFFICE: Redburn House
2 Tonbridge Road
Romford
Essex
RM3 8QE





REGISTERED NUMBER: 11644509 (England and Wales)





ACCOUNTANTS: Thornton Springer LLP
Chartered Accountants
67 Westow Street
London
SE19 3RW

Hi-Stanford Scaffolding Limited (Registered number: 11644509)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £   
FIXED ASSETS
Tangible assets 5 679,239 393,374

CURRENT ASSETS
Debtors 6 451,879 267,155
Cash at bank and in hand 766 14,273
452,645 281,428
CREDITORS
Amounts falling due within one year 7 (804,177 ) (473,499 )
NET CURRENT LIABILITIES (351,532 ) (192,071 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

327,707

201,303

CREDITORS
Amounts falling due after more than one
year

8

(12,746

)

-
NET ASSETS 314,961 201,303

CAPITAL AND RESERVES
Called up share capital 10 250 250
Retained earnings 314,711 201,053
SHAREHOLDERS' FUNDS 314,961 201,303

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Hi-Stanford Scaffolding Limited (Registered number: 11644509)

Balance Sheet - continued
31 January 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 director and authorised for issue on 5 August 2024 and were signed by:





J J R Smith - Director


Hi-Stanford Scaffolding Limited (Registered number: 11644509)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Hi-Stanford Scaffolding 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is shorter.

Plant and machinery - 20% on reducing balance and 5% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicle - 20% on reducing balance
Computer equipment - 33% on cost

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.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

Hi-Stanford Scaffolding Limited (Registered number: 11644509)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023 444,210
Additions 398,371
At 31 January 2024 842,581
DEPRECIATION
At 1 February 2023 50,836
Charge for year 112,506
At 31 January 2024 163,342
NET BOOK VALUE
At 31 January 2024 679,239
At 31 January 2023 393,374

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 404,240 245,140
Other debtors 47,639 22,015
451,879 267,155

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 6,056 -
Hire purchase contracts 2,255 -
Trade creditors 472,179 365,488
Taxation and social security 11,478 11,191
Other creditors 312,209 96,820
804,177 473,499

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Hire purchase contracts 12,746 -

Hi-Stanford Scaffolding Limited (Registered number: 11644509)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

9. SECURED DEBTS

The following secured debts are included within creditors:

31.1.24 31.1.23
£    £   
Other Creditors 195,883 20,000

Included within other creditors is £195,883 secured debt owed to an associated company.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
250 Ordinary 1 250 250