Acorah Software Products - Accounts Production 15.0.600 false true 30 October 2022 1 November 2021 false 31 October 2022 29 October 2023 29 October 2023 04931068 Mr Brendan Noad Mr Dominic Noad Mr Simon Noad Mr Sean Noad Mr Sean Noad iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04931068 2022-10-30 04931068 2023-10-29 04931068 2022-10-31 2023-10-29 04931068 frs-core:CurrentFinancialInstruments 2023-10-29 04931068 frs-core:Non-currentFinancialInstruments 2023-10-29 04931068 frs-core:BetweenOneFiveYears 2023-10-29 04931068 frs-core:FurnitureFittings 2023-10-29 04931068 frs-core:FurnitureFittings 2022-10-31 2023-10-29 04931068 frs-core:FurnitureFittings 2022-10-30 04931068 frs-core:MotorVehicles 2023-10-29 04931068 frs-core:MotorVehicles 2022-10-31 2023-10-29 04931068 frs-core:MotorVehicles 2022-10-30 04931068 frs-core:PlantMachinery 2023-10-29 04931068 frs-core:PlantMachinery 2022-10-31 2023-10-29 04931068 frs-core:PlantMachinery 2022-10-30 04931068 frs-core:WithinOneYear 2023-10-29 04931068 frs-core:ShareCapital 2023-10-29 04931068 frs-core:RetainedEarningsAccumulatedLosses 2023-10-29 04931068 frs-bus:PrivateLimitedCompanyLtd 2022-10-31 2023-10-29 04931068 frs-bus:FilletedAccounts 2022-10-31 2023-10-29 04931068 frs-bus:SmallEntities 2022-10-31 2023-10-29 04931068 frs-bus:AuditExempt-NoAccountantsReport 2022-10-31 2023-10-29 04931068 frs-bus:SmallCompaniesRegimeForAccounts 2022-10-31 2023-10-29 04931068 frs-bus:Director1 2022-10-31 2023-10-29 04931068 frs-bus:Director2 2022-10-31 2023-10-29 04931068 frs-bus:Director3 2022-10-31 2023-10-29 04931068 frs-bus:Director4 2022-10-31 2023-10-29 04931068 frs-bus:CompanySecretary1 2022-10-31 2023-10-29 04931068 frs-countries:EnglandWales 2022-10-31 2023-10-29 04931068 2021-10-31 04931068 2022-10-30 04931068 2021-11-01 2022-10-30 04931068 frs-core:CurrentFinancialInstruments 2022-10-30 04931068 frs-core:Non-currentFinancialInstruments 2022-10-30 04931068 frs-core:BetweenOneFiveYears 2022-10-30 04931068 frs-core:WithinOneYear 2022-10-30 04931068 frs-core:ShareCapital 2022-10-30 04931068 frs-core:RetainedEarningsAccumulatedLosses 2022-10-30
S.N. Scaffolds (Bath) Limited
Unaudited Financial Statements
For The Year Ended 29 October 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04931068
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 111,921 137,700
111,921 137,700
CURRENT ASSETS
Debtors 5 558,020 499,500
Cash at bank and in hand 429,237 371,079
987,257 870,579
Creditors: Amounts Falling Due Within One Year 6 (132,570 ) (111,075 )
NET CURRENT ASSETS (LIABILITIES) 854,687 759,504
TOTAL ASSETS LESS CURRENT LIABILITIES 966,608 897,204
Creditors: Amounts Falling Due After More Than One Year 7 (25,784 ) (38,216 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (19,825 ) (24,400 )
NET ASSETS 920,999 834,588
CAPITAL AND RESERVES
Called up share capital 9 4 4
Profit and Loss Account 920,995 834,584
SHAREHOLDERS' FUNDS 920,999 834,588
Page 1
Page 2
For the year ending 29 October 2023 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Sean Noad
Director
23 October 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
S.N. Scaffolds (Bath) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04931068 . The registered office is Access House, Windsor Bridge Road, Bath, BA2 3DT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Scaffolding Equipment 15% on reducing balance
Motor Vehicles 20% on reducing balance
Fixtures & Fittings 15% on reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
Page 3
Page 4
2.5. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2022: 7)
7 7
4. Tangible Assets
Scaffolding Equipment Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 31 October 2022 176,718 259,775 1,725 438,218
Additions - - 607 607
As at 29 October 2023 176,718 259,775 2,332 438,825
Depreciation
As at 31 October 2022 152,918 146,975 625 300,518
Provided during the period 3,570 22,560 256 26,386
As at 29 October 2023 156,488 169,535 881 326,904
Net Book Value
As at 29 October 2023 20,230 90,240 1,451 111,921
As at 31 October 2022 23,800 112,800 1,100 137,700
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 497,770 432,000
Prepayments and accrued income 60,250 67,500
558,020 499,500
Page 4
Page 5
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 12,432 12,432
Trade creditors 328 77
Corporation tax 31,163 34,860
VAT 20,148 21,823
Directors' loan accounts 68,499 41,883
132,570 111,075
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 25,784 38,216
25,784 38,216
8. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 12,432 12,432
Later than one year and not later than five years 25,784 38,216
38,216 50,648
38,216 50,648
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 4 4
Page 5