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REGISTERED NUMBER: 06031148 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

J. P. M. SCAFFOLDING LIMITED

J. P. M. SCAFFOLDING LIMITED (REGISTERED NUMBER: 06031148)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J. P. M. SCAFFOLDING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: M A Horan
Ms L Horan





SECRETARY: Ms L Horan





REGISTERED OFFICE: 5 White Oak Square
London Road
Swanley
Kent
BR8 7AG





REGISTERED NUMBER: 06031148 (England and Wales)





ACCOUNTANTS: Sargeant Partnership LLP
Chartered Accountants
5 White Oak Square
London Road
Swanley
Kent
BR8 7AG

J. P. M. SCAFFOLDING LIMITED (REGISTERED NUMBER: 06031148)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 105,639 89,907

CURRENT ASSETS
Debtors 5 113,822 91,563
Cash at bank 169,048 235,725
282,870 327,288
CREDITORS
Amounts falling due within one year 6 45,254 97,811
NET CURRENT ASSETS 237,616 229,477
TOTAL ASSETS LESS CURRENT
LIABILITIES

343,255

319,384

CREDITORS
Amounts falling due after more than one
year

7

(13,921

)

(41,915

)

PROVISIONS FOR LIABILITIES (26,410 ) (22,477 )
NET ASSETS 302,924 254,992

CAPITAL AND RESERVES
Called up share capital 8 2 2
Share premium 9 - (40,000 )
Retained earnings 9 302,922 294,990
SHAREHOLDERS' FUNDS 302,924 254,992

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

J. P. M. SCAFFOLDING LIMITED (REGISTERED NUMBER: 06031148)

BALANCE SHEET - continued
31 DECEMBER 2023


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 Board of Directors and authorised for issue on 10 September 2024 and were signed on its behalf by:





M A Horan - Director


J. P. M. SCAFFOLDING LIMITED (REGISTERED NUMBER: 06031148)

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

1. STATUTORY INFORMATION

J. P. M. 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. 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 the shorter.
Plant and machinery - 25% per annum on reducing balance
Fixtures and fittings - 25% per annum on reducing balance
Motor vehicles - 25% per annum on reducing balance

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

J. P. M. SCAFFOLDING LIMITED (REGISTERED NUMBER: 06031148)

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

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 January 2023 233,636 333 208,182 442,151
Additions - - 48,500 48,500
At 31 December 2023 233,636 333 256,682 490,651
DEPRECIATION
At 1 January 2023 227,846 319 124,079 352,244
Charge for year 1,448 4 31,316 32,768
At 31 December 2023 229,294 323 155,395 385,012
NET BOOK VALUE
At 31 December 2023 4,342 10 101,287 105,639
At 31 December 2022 5,790 14 84,103 89,907

J. P. M. SCAFFOLDING LIMITED (REGISTERED NUMBER: 06031148)

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

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 January 2023
and 31 December 2023 153,143
DEPRECIATION
At 1 January 2023 95,457
Charge for year 14,422
At 31 December 2023 109,879
NET BOOK VALUE
At 31 December 2023 43,264
At 31 December 2022 57,686

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 24,400 18,088
Other debtors 89,422 73,475
113,822 91,563

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,745 10,989
Hire purchase contracts 8,237 31,553
Trade creditors 906 6,905
Taxation and social security 20,321 42,580
Other creditors 5,045 5,784
45,254 97,811

J. P. M. SCAFFOLDING LIMITED (REGISTERED NUMBER: 06031148)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans 13,421 23,178
Hire purchase contracts 500 8,737
Other creditors - 10,000
13,921 41,915

8. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2023 2022
value: £    £   
2 Share capital 1 £1 2 2

9. RESERVES
Retained
earnings
£   

At 1 January 2023 294,990
Profit for the year 80,532
Dividends (72,600 )
At 31 December 2023 302,922

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, the directors owed the company £14,937 (2022: £63 owed by the company to the Directors).

Dividends were voted in the year of £72,600 to the shareholders. (2022: £43,000).