Company Registration No. 11907751 (England and Wales)
Fagan Scaffolding Ltd
Unaudited accounts
for the year ended 31 March 2024
Fagan Scaffolding Ltd
Unaudited accounts
Contents
Fagan Scaffolding Ltd
Company Information
for the year ended 31 March 2024
Company Number
11907751 (England and Wales)
Registered Office
56 Leafield
Hallcroft
Retford
DN22 7LP
Accountants
HART SIMPSON
65 Ward Street
New Tupton
Chesterfield
Derbyshire
S42 6XR
Fagan Scaffolding Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
89,211
89,237
Cash at bank and in hand
14,975
4,384
Creditors: amounts falling due within one year
(100,511)
(103,469)
Net current liabilities
(46,306)
(62,483)
Called up share capital
100
100
Profit and loss account
42,805
26,654
Shareholders' funds
42,905
26,754
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 director acknowledges his 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 and authorised for issue on 18 September 2024 and were signed on its behalf by
J A Fagan
Director
Company Registration No. 11907751
Fagan Scaffolding Ltd
Notes to the Accounts
for the year ended 31 March 2024
Fagan Scaffolding Ltd is a private company, limited by shares, registered in England and Wales, registration number 11907751. The registered office is 56 Leafield, Hallcroft, Retford, DN22 7LP.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 April 2023
8,715
88,895
97,610
At 31 March 2024
8,715
92,895
101,610
At 1 April 2023
-
8,373
8,373
Charge for the year
-
4,026
4,026
At 31 March 2024
-
12,399
12,399
At 31 March 2024
8,715
80,496
89,211
At 31 March 2023
8,715
80,522
89,237
Amounts falling due within one year
Trade debtors
8,766
11,167
Other debtors
30,464
25,435
Fagan Scaffolding Ltd
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
23,725
29,100
Loans from directors
76,283
73,866
7
Average number of employees
During the year the average number of employees was 6 (2023: 6).