Acorah Software Products - Accounts Production 15.0.600 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 07485522 Mr David Price Mr Martin Ray iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07485522 2023-05-31 07485522 2024-05-31 07485522 2023-06-01 2024-05-31 07485522 frs-core:CurrentFinancialInstruments 2024-05-31 07485522 frs-core:ComputerEquipment 2024-05-31 07485522 frs-core:ComputerEquipment 2023-06-01 2024-05-31 07485522 frs-core:ComputerEquipment 2023-05-31 07485522 frs-core:FurnitureFittings 2024-05-31 07485522 frs-core:FurnitureFittings 2023-06-01 2024-05-31 07485522 frs-core:FurnitureFittings 2023-05-31 07485522 frs-core:MotorVehicles 2024-05-31 07485522 frs-core:MotorVehicles 2023-06-01 2024-05-31 07485522 frs-core:MotorVehicles 2023-05-31 07485522 frs-core:PlantMachinery 2024-05-31 07485522 frs-core:PlantMachinery 2023-06-01 2024-05-31 07485522 frs-core:PlantMachinery 2023-05-31 07485522 frs-core:ShareCapital 2024-05-31 07485522 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 07485522 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 07485522 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 07485522 frs-bus:SmallEntities 2023-06-01 2024-05-31 07485522 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 07485522 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 07485522 frs-bus:Director1 2023-06-01 2024-05-31 07485522 frs-bus:Director2 2023-06-01 2024-05-31 07485522 frs-countries:EnglandWales 2023-06-01 2024-05-31 07485522 2022-05-31 07485522 2023-05-31 07485522 2022-06-01 2023-05-31 07485522 frs-core:CurrentFinancialInstruments 2023-05-31 07485522 frs-core:ShareCapital 2023-05-31 07485522 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 07485522
Mr Scaffolding (UK) Limited
Financial Statements
For The Year Ended 31 May 2024
Fruition Accountancy Limited
Unit 4 Three Spires House, Station Road
Lichfield
WS13 6HX
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07485522
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 31,710 39,638
31,710 39,638
CURRENT ASSETS
Debtors 4 59,374 64,475
Cash at bank and in hand 319,998 239,332
379,372 303,807
Creditors: Amounts Falling Due Within One Year 5 (206,508 ) (175,372 )
NET CURRENT ASSETS (LIABILITIES) 172,864 128,435
TOTAL ASSETS LESS CURRENT LIABILITIES 204,574 168,073
PROVISIONS FOR LIABILITIES
Deferred Taxation (7,713 ) (9,647 )
NET ASSETS 196,861 158,426
CAPITAL AND RESERVES
Called up share capital 6 110 110
Profit and Loss Account 196,751 158,316
SHAREHOLDERS' FUNDS 196,861 158,426
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For the year ending 31 May 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Martin Ray
Director
9th September 2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
1.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
1.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% reducing balance
Motor Vehicles 20% reducing balance
Fixtures & Fittings 20% reducing balance
Computer Equipment 20% reducing balance
1.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
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1.4. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 2 (2023: 2)
2 2
3. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 June 2023 20,351 99,665 1,175 1,290 122,481
As at 31 May 2024 20,351 99,665 1,175 1,290 122,481
Depreciation
As at 1 June 2023 15,230 66,732 251 630 82,843
Provided during the period 1,024 6,587 185 132 7,928
As at 31 May 2024 16,254 73,319 436 762 90,771
Net Book Value
As at 31 May 2024 4,097 26,346 739 528 31,710
As at 1 June 2023 5,121 32,933 924 660 39,638
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 46,080 56,602
Other debtors 13,294 7,873
59,374 64,475
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5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 11,200 6,276
Other creditors 139,157 139,948
Taxation and social security 56,151 29,148
206,508 175,372
6. Share Capital
2024 2023
£ £
Called Up Share Capital not Paid - 10
Called Up Share Capital has been paid up 110 100
Amount of Allotted, Called Up Share Capital 110 110
7. General Information
Mr Scaffolding (UK) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07485522 . The registered office is Rownhams House, Sheepy Road, Sibson, Nuneaton, CV13 6LE.
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