Company Registration No. 11230206 (England and Wales)
LONDON NETWORK SCAFFOLDING SPECIAL PROJECTS LIMITED
Unaudited accounts
for the year ended 29 February 2024
LONDON NETWORK SCAFFOLDING SPECIAL PROJECTS LIMITED
Unaudited accounts
Contents
LONDON NETWORK SCAFFOLDING SPECIAL PROJECTS LIMITED
Company Information
for the year ended 29 February 2024
Company Number
11230206 (England and Wales)
Registered Office
Wyke Green Golf Club
Syon Lane
Isleworth
Middlesex
TW7 5PT
England
LONDON NETWORK SCAFFOLDING SPECIAL PROJECTS LIMITED
Statement of financial position
as at 29 February 2024
Tangible assets
119,958
138,697
Cash at bank and in hand
17,940
409
Creditors: amounts falling due within one year
(247,575)
(223,095)
Net current assets/(liabilities)
12,913
(122,081)
Total assets less current liabilities
132,871
16,616
Creditors: amounts falling due after more than one year
(21,691)
(47,096)
Net assets/(liabilities)
111,180
(30,480)
Called up share capital
100
100
Profit and loss account
111,080
(30,580)
Shareholders' funds
111,180
(30,480)
For the year ending 29 February 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 10 October 2024 and were signed on its behalf by
Mr Gary Flynn
Director
Company Registration No. 11230206
LONDON NETWORK SCAFFOLDING SPECIAL PROJECTS LIMITED
Notes to the Accounts
for the year ended 29 February 2024
LONDON NETWORK SCAFFOLDING SPECIAL PROJECTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11230206. The registered office is Wyke Green Golf Club, Syon Lane, Isleworth, Middlesex, TW7 5PT, England.
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:
Plant & machinery
18% at reducing balance
Motor vehicles
18% at reducing balance
Computer equipment
18% at reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
184,797
45,390
-
230,187
Additions
-
6,500
1,094
7,594
At 29 February 2024
184,797
51,890
1,094
237,781
At 1 March 2023
71,126
20,364
-
91,490
Charge for the year
20,461
5,675
197
26,333
At 29 February 2024
91,587
26,039
197
117,823
At 29 February 2024
93,210
25,851
897
119,958
At 28 February 2023
113,671
25,026
-
138,697
LONDON NETWORK SCAFFOLDING SPECIAL PROJECTS LIMITED
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Trade debtors
169,505
49,235
Accrued income and prepayments
72,943
51,270
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
11,317
-
Trade creditors
11,566
12,066
Taxes and social security
147,687
98,899
Proposed dividends
10,000
-
Other creditors
15,000
1,909
Loans from directors
52,005
110,221
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
3,665
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 1 (2023: 2).