IRIS Accounts Production v24.2.0.383 08596716 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh085967162023-03-31085967162024-03-31085967162023-04-012024-03-31085967162022-03-31085967162022-04-012023-03-31085967162023-03-3108596716ns15:EnglandWales2023-04-012024-03-3108596716ns14:PoundSterling2023-04-012024-03-3108596716ns10:Director12023-04-012024-03-3108596716ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3108596716ns10:SmallEntities2023-04-012024-03-3108596716ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3108596716ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3108596716ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3108596716ns10:FullAccounts2023-04-012024-03-3108596716ns10:OrdinaryShareClass12023-04-012024-03-3108596716ns10:OrdinaryShareClass22023-04-012024-03-3108596716ns10:OrdinaryShareClass32023-04-012024-03-3108596716ns10:Director22023-04-012024-03-3108596716ns10:RegisteredOffice2023-04-012024-03-3108596716ns5:CurrentFinancialInstruments2024-03-3108596716ns5:CurrentFinancialInstruments2023-03-3108596716ns5:ShareCapital2024-03-3108596716ns5:ShareCapital2023-03-3108596716ns5:RetainedEarningsAccumulatedLosses2024-03-3108596716ns5:RetainedEarningsAccumulatedLosses2023-03-3108596716ns5:PlantMachinery2023-04-012024-03-3108596716ns5:FurnitureFittings2023-04-012024-03-3108596716ns5:MotorVehicles2023-04-012024-03-3108596716ns5:PlantMachinery2023-03-3108596716ns5:FurnitureFittings2023-03-3108596716ns5:MotorVehicles2023-03-3108596716ns5:PlantMachinery2024-03-3108596716ns5:FurnitureFittings2024-03-3108596716ns5:MotorVehicles2024-03-3108596716ns5:PlantMachinery2023-03-3108596716ns5:FurnitureFittings2023-03-3108596716ns5:MotorVehicles2023-03-3108596716ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3108596716ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3108596716ns10:OrdinaryShareClass12024-03-3108596716ns10:OrdinaryShareClass22024-03-3108596716ns10:OrdinaryShareClass32024-03-31085967161ns10:Director12023-03-31085967161ns10:Director12022-03-31085967161ns10:Director12023-04-012024-03-31085967161ns10:Director12022-04-012023-03-31085967161ns10:Director12024-03-31085967161ns10:Director12023-03-31
REGISTERED NUMBER: 08596716 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

MD Scaffolding Contractors Ltd

MD Scaffolding Contractors Ltd (Registered number: 08596716)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MD Scaffolding Contractors Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Michael Paul Denyer
Daryl John Denyer





REGISTERED OFFICE: Castle Farm Barn North
Denmead Road
Southwick
Hampshire
PO17 6EX





REGISTERED NUMBER: 08596716 (England and Wales)





ACCOUNTANTS: KT Accountants Limited
Castle Farm Barn North
Denmead Road
Southwick
Hampshire
PO17 6EX

MD Scaffolding Contractors Ltd (Registered number: 08596716)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,384 16,957

CURRENT ASSETS
Debtors 5 72,835 51,456
Cash at bank 81,076 121,746
153,911 173,202
CREDITORS
Amounts falling due within one year 6 29,018 45,764
NET CURRENT ASSETS 124,893 127,438
TOTAL ASSETS LESS CURRENT
LIABILITIES

137,277

144,395

PROVISIONS FOR LIABILITIES 2,847 2,990
NET ASSETS 134,430 141,405

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 134,330 141,305
SHAREHOLDERS' FUNDS 134,430 141,405

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

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

MD Scaffolding Contractors Ltd (Registered number: 08596716)

Balance Sheet - continued
31 March 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 September 2024 and were signed on its behalf by:





Michael Paul Denyer - Director


MD Scaffolding Contractors Ltd (Registered number: 08596716)

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

1. STATUTORY INFORMATION

MD Scaffolding Contractors Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

MD Scaffolding Contractors Ltd (Registered number: 08596716)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2023
and 31 March 2024 3,150 3,253 31,795 38,198
DEPRECIATION
At 1 April 2023 2,638 1,080 17,523 21,241
Charge for year 128 545 3,900 4,573
At 31 March 2024 2,766 1,625 21,423 25,814
NET BOOK VALUE
At 31 March 2024 384 1,628 10,372 12,384
At 31 March 2023 512 2,173 14,272 16,957

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 48,088 48,054
Amounts recoverable on contract 21,307 -
VAT 2,140 2,678
Prepayments 1,300 724
72,835 51,456

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 523 683
Taxation and social security 24,463 39,766
Other creditors 4,032 5,315
29,018 45,764

MD Scaffolding Contractors Ltd (Registered number: 08596716)

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

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
60 Ordinary A £1 60 60
20 Ordinary B £1 20 20
20 Ordinary C £1 20 20
100 100

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
Michael Paul Denyer
Balance outstanding at start of year (3,065 ) (3,020 )
Amounts advanced 12,564 10,837
Amounts repaid (9,532 ) (10,882 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (33 ) (3,065 )

As at the balance sheet date there is an amount due to the director of £33 (2023-£3,065). This loan is interest free, undated, unsecured and repayable on demand.

9. ULTIMATE CONTROLLING PARTY

The controlling party is Michael Paul Denyer.