WISE SCAFFOLD SERVICES LTD

Company Registration Number:
08908127 (England and Wales)

Unaudited statutory accounts for the year ended 01 March 2024

Period of accounts

Start date: 01 March 2023

End date: 01 March 2024

WISE SCAFFOLD SERVICES LTD

Contents of the Financial Statements

for the Period Ended 01 March 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

WISE SCAFFOLD SERVICES LTD

Company Information

for the Period Ended 01 March 2024




Director: Grace Provencal-Wise
Registered office: Suite 1, The Hive
Bell Lane
Stevenage
England
SG1 3HW
Company Registration Number: 08908127 (England and Wales)

WISE SCAFFOLD SERVICES LTD

Directors' Report Period Ended 01 March 2024

The directors present their report with the financial statements of the company for the period ended 01 March 2024

Principal Activities

Scaffolding

Directors

The directors shown below have held office during the whole of the period from 01 March 2023 to 01 March 2024
Grace Provencal-Wise

This report was approved by the board of directors on 24 October 2024
And Signed On Behalf Of The Board By:

Name: Grace Provencal-Wise
Status: Director

WISE SCAFFOLD SERVICES LTD

Profit and Loss Account

for the Period Ended 01 March 2024


Notes

2024
£

2023
£
Turnover 633,726 1,239,536
Cost of sales ( 813,049 ) ( 922,601 )
Gross Profit or (Loss) ( 179,323 ) 316,935
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 304,412 ) ( 277,007 )
Other operating income 486,479 0
Operating Profit or (Loss) 2,744 39,928
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 115 ) ( 90 )
Profit or (Loss) Before Tax 2,629 39,838
Tax on Profit ( 499 ) ( 9,577 )
Profit or (Loss) for Period 2,130 30,261

The notes form part of these financial statements

WISE SCAFFOLD SERVICES LTD

Balance sheet

As at 01 March 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 18,458 24,610
Total fixed assets: 18,458 24,610
Current assets
Stocks: 102,228 308,821
Debtors: 5 19,955 63,274
Cash at bank and in hand: 3,379 13,945
Total current assets: 125,562 386,040
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 6 ( 98,395 ) ( 347,448 )
Net current assets (liabilities): 27,167 38,592
Total assets less current liabilities: 45,625 63,202
Creditors: amounts falling due after more than one year: 7 ( 38,432 ) ( 43,139 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 7,193 20,063

The notes form part of these financial statements

WISE SCAFFOLD SERVICES LTD

Balance sheet continued

As at 01 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 7,093 19,963
Shareholders funds: 7,193 20,063

For the year ending 1 March 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 24 October 2024
And Signed On Behalf Of The Board By:

Name: Grace Provencal-Wise
Status: Director

The notes form part of these financial statements

WISE SCAFFOLD SERVICES LTD

Notes to the Financial Statements

for the Period Ended 01 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

WISE SCAFFOLD SERVICES LTD

Notes to the Financial Statements

for the Period Ended 01 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

WISE SCAFFOLD SERVICES LTD

Notes to the Financial Statements

for the Period Ended 01 March 2024

  • 3. Off balance sheet disclosure

    No

WISE SCAFFOLD SERVICES LTD

Notes to the Financial Statements

for the Period Ended 01 March 2024

4. Tangible assets

Plant & machinery Total
Cost £ £
At 01 March 2023 128,455 128,455
Additions 0 0
Disposals ( 0 ) ( 0 )
Revaluations 0 0
Transfers 0 0
At 01 March 2024 128,455 128,455
Depreciation
At 01 March 2023 103,845 103,845
Charge for year 6,152 6,152
On disposals ( 0 ) ( 0 )
Other adjustments 0 0
At 01 March 2024 109,997 109,997
Net book value
At 01 March 2024 18,458 18,458
At 28 February 2023 24,610 24,610

WISE SCAFFOLD SERVICES LTD

Notes to the Financial Statements

for the Period Ended 01 March 2024

5. Debtors


2024
£

2023
£
Trade debtors 19,955 63,274
Prepayments and accrued income 0 0
Other debtors 0 0
Total 19,955 63,274
Debtors due after more than one year: 0 0

WISE SCAFFOLD SERVICES LTD

Notes to the Financial Statements

for the Period Ended 01 March 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 39,602 12,939
Taxation and social security 58,793 334,509
Accruals and deferred income 0 0
Other creditors 0 0
Total 98,395 347,448

WISE SCAFFOLD SERVICES LTD

Notes to the Financial Statements

for the Period Ended 01 March 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 19,974 43,139
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 18,458 0
Total 38,432 43,139