IRIS Accounts Production v24.3.0.553 12264287 Board of Directors Board of Directors 1.2.23 31.1.24 31.1.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh122642872023-01-31122642872024-01-31122642872023-02-012024-01-31122642872022-01-31122642872022-02-012023-01-31122642872023-01-3112264287ns15:EnglandWales2023-02-012024-01-3112264287ns14:PoundSterling2023-02-012024-01-3112264287ns10:Director12023-02-012024-01-3112264287ns10:Director22023-02-012024-01-3112264287ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3112264287ns10:SmallEntities2023-02-012024-01-3112264287ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3112264287ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3112264287ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3112264287ns10:FullAccounts2023-02-012024-01-3112264287ns10:Director32023-02-012024-01-3112264287ns10:Director42023-02-012024-01-3112264287ns10:RegisteredOffice2023-02-012024-01-3112264287ns5:CurrentFinancialInstruments2024-01-3112264287ns5:CurrentFinancialInstruments2023-01-3112264287ns5:ShareCapital2024-01-3112264287ns5:ShareCapital2023-01-3112264287ns5:RetainedEarningsAccumulatedLosses2024-01-3112264287ns5:PlantMachinery2023-02-012024-01-3112264287ns5:FurnitureFittings2023-01-3112264287ns5:MotorVehicles2023-01-3112264287ns5:ComputerEquipment2023-01-3112264287ns5:FurnitureFittings2023-02-012024-01-3112264287ns5:MotorVehicles2023-02-012024-01-3112264287ns5:ComputerEquipment2023-02-012024-01-3112264287ns5:FurnitureFittings2024-01-3112264287ns5:MotorVehicles2024-01-3112264287ns5:ComputerEquipment2024-01-3112264287ns5:FurnitureFittings2023-01-3112264287ns5:MotorVehicles2023-01-3112264287ns5:ComputerEquipment2023-01-3112264287ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-01-3112264287ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-31
REGISTERED NUMBER: 12264287 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 January 2024

for

Davis & Barrett Scaffolding Contractors
Limited

Davis & Barrett Scaffolding Contractors
Limited (Registered number: 12264287)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Davis & Barrett Scaffolding Contractors
Limited

Company Information
for the Year Ended 31 January 2024







DIRECTORS: W Barrett
L Davis
Mrs K Barrett
Mrs H Davis





REGISTERED OFFICE: Unit 14
Creech Mills
Creech St Michael
Taunton
Somerset
TA3 5PX





REGISTERED NUMBER: 12264287 (England and Wales)





ACCOUNTANTS: A C Mole LLP
Stafford House
Blackbrook Park Avenue
Taunton
Somerset
TA1 2PX

Davis & Barrett Scaffolding Contractors
Limited (Registered number: 12264287)

Balance Sheet
31 January 2024

2024 2023
as restated
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,064,426 770,758

CURRENT ASSETS
Stocks 26,182 11,085
Debtors 5 337,549 341,863
Cash at bank 124,786 191,580
488,517 544,528
CREDITORS
Amounts falling due within one year 6 286,730 306,519
NET CURRENT ASSETS 201,787 238,009
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,266,213

1,008,767

PROVISIONS FOR LIABILITIES 266,107 192,510
NET ASSETS 1,000,106 816,257

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,000,006 816,157
1,000,106 816,257

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

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 22 October 2024 and were signed on its behalf by:




W Barrett - Director



L Davis - Director


Davis & Barrett Scaffolding Contractors
Limited (Registered number: 12264287)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Davis & Barrett Scaffolding Contractors 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 as modified by the revaluation of certain assets.

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.
Plant and machinery etc - 25% on reducing balance, 20% on reducing balance and NIL %

Scaffolding equipment is stated at cost and is not depreciated. Previously depreciation was charged at 20% reducing balance but on the basis that the equipment is counted on a regular basis and continues to be fully utilised within the business, the policy has been revisited and depreciation is no longer considered to be appropriate. This is a change in accounting policy and as a result a prior year adjustment has arisen, see note 5 . Scaffolding equipment is reviewed regularly for any impairment and any impairment is recognised accordingly.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Davis & Barrett Scaffolding Contractors
Limited (Registered number: 12264287)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Office Motor Scaffolding
equipment vehicles equipment Totals
£    £    £    £   
COST
At 1 February 2023 1,926 117,701 696,692 816,319
Additions 8,450 28,995 283,605 321,050
At 31 January 2024 10,376 146,696 980,297 1,137,369
DEPRECIATION
At 1 February 2023 385 45,176 - 45,561
Charge for year 1,999 25,383 - 27,382
At 31 January 2024 2,384 70,559 - 72,943
NET BOOK VALUE
At 31 January 2024 7,992 76,137 980,297 1,064,426
At 31 January 2023 1,541 72,525 696,692 770,758

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Trade debtors 265,916 328,062
Amounts owed by participating interests 31,011 3,082
Other debtors 40,622 10,719
337,549 341,863

Other debtors above include an amount of £4,181 due from both Mr Barrett and Mr Davis, directors of the company.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Trade creditors 39,515 171,741
Amounts owed to participating interests 94,229 67,450
Taxation and social security 119,536 62,100
Other creditors 33,450 5,228
286,730 306,519

Davis & Barrett Scaffolding Contractors
Limited (Registered number: 12264287)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

7. RELATED PARTY DISCLOSURES

Mr W Barrett and Mr L Davis own 25% of the issued ordinary share capital of C&M Holdings Limited which, in turn, holds 100% of the issued ordinary share capital of Davis & Barrett Brickwork Contractors Limited, a company registered in England.

During the year, the company provided services totalling £1,050,097 (2023: £1,669,368) to Davis & Barrett Brickwork Contractors Limited, which were at arms length and under normal trade terms. As at 31 January 2024 trade debtors include an amount of £136,278 (2023: £328,062) and debtors also include an amount of £4,232 (2023: £3,082) due from Davis & Barrett Brickwork Contractors Limited.

The company also incurred recharged costs totalling £93,247 (2023: £664,781) from Davis & Barrett Brickwork Contractors Limited which were at arms length and under normal trading terms. At the year end, trade creditors include an amount of £8,473 (2023: £11,108) due to Davis & Barrett Brickwork Contractors Limited..

As at the year end, the company owed Davis and Barrett Business Management Ltd, another company 100% owned by C&M Holdings Group Limited £94,229 (2023: £67,450).

Except for the above, there were no other related party transactions which require disclosing under FRS 102 Schedule 1A.