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Company Registration No. 06895149 (England and Wales)
PREMIER SCAFFOLDING SPECIALISTS LIMITED Unaudited accounts for the year ended 30 April 2024
PREMIER SCAFFOLDING SPECIALISTS LIMITED Unaudited accounts Contents
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PREMIER SCAFFOLDING SPECIALISTS LIMITED Company Information for the year ended 30 April 2024
Directors
Tracy Anna Marie Clark Lorin Richard Clark
Company Number
06895149 (England and Wales)
Registered Office
UNIT 10A WATERSIDE WAY WIMBLEDON LONDON SW17 0HB
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PREMIER SCAFFOLDING SPECIALISTS LIMITED Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
75,257 
98,651 
Current assets
Debtors
148,295 
332,917 
Cash at bank and in hand
136,438 
219,650 
284,733 
552,567 
Creditors: amounts falling due within one year
(12,342)
(160,031)
Net current assets
272,391 
392,536 
Net assets
347,648 
491,187 
Capital and reserves
Called up share capital
20 
20 
Profit and loss account
347,628 
491,167 
Shareholders' funds
347,648 
491,187 
For the year ending 30 April 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 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 of Directors and authorised for issue on 19 September 2024 and were signed on its behalf by
Tracy Anna Marie Clark Director Company Registration No. 06895149
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PREMIER SCAFFOLDING SPECIALISTS LIMITED Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
PREMIER SCAFFOLDING SPECIALISTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06895149. The registered office is UNIT 10A WATERSIDE WAY, WIMBLEDON, LONDON, SW17 0HB.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
Plant & machinery
15% on reducing balance
Motor vehicles
25% on reducing balance
Fixtures & fittings
15% on reducing balance
Computer equipment
15% on reducing balance
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Dividends
During the year, dividends of £70,170 (2022 - £72,500) were paid to the shareholders.
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PREMIER SCAFFOLDING SPECIALISTS LIMITED Notes to the Accounts for the year ended 30 April 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 May 2023
100,000 
At 30 April 2024
100,000 
Amortisation
At 1 May 2023
100,000 
At 30 April 2024
100,000 
Net book value
At 30 April 2024
- 
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 May 2023
447,996 
301,152 
4,901 
14,817 
768,866 
Additions
- 
- 
- 
1,976 
1,976 
At 30 April 2024
447,996 
301,152 
4,901 
16,793 
770,842 
Depreciation
At 1 May 2023
439,025 
216,469 
2,008 
12,713 
670,215 
Charge for the year
2,243 
21,384 
723 
1,020 
25,370 
At 30 April 2024
441,268 
237,853 
2,731 
13,733 
695,585 
Net book value
At 30 April 2024
6,728 
63,299 
2,170 
3,060 
75,257 
At 30 April 2023
8,971 
84,683 
2,893 
2,104 
98,651 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
17,207 
9,771 
Trade debtors
128,194 
318,432 
Other debtors
2,894 
4,100 
148,295 
332,303 
Amounts falling due after more than one year
Other debtors
- 
614 
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PREMIER SCAFFOLDING SPECIALISTS LIMITED Notes to the Accounts for the year ended 30 April 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
12,110 
59,046 
Trade creditors
22,704 
44,178 
Taxes and social security
8,560 
54,247 
Other creditors
2 
9,650 
Loans from directors
(31,034)
(7,090)
12,342 
160,031 
8
Average number of employees
During the year the average number of employees was 6 (2023: 6).
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