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REGISTERED NUMBER: SC191766 (Scotland)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

ACCESS SOLUTIONS (SCAFFOLDING CONTRACTS)
LIMITED

ACCESS SOLUTIONS (SCAFFOLDING CONTRACTS)
LIMITED (REGISTERED NUMBER: SC191766)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 9

ACCESS SOLUTIONS (SCAFFOLDING CONTRACTS)
LIMITED

Company Information
for the Year Ended 29 February 2024







DIRECTORS: Mrs C Campbell
Mr D J Campbell
Mr G Campbell
Mr C J Lyon





REGISTERED OFFICE: Oakfield House
378 Brandon Street
Motherwell
Lanarkshire
ML1 1XA





REGISTERED NUMBER: SC191766 (Scotland)





ACCOUNTANTS: Signature
Oakfield House
378 Brandon Street
Motherwell
Lanarkshire
ML1 1XA

ACCESS SOLUTIONS (SCAFFOLDING CONTRACTS)
LIMITED (REGISTERED NUMBER: SC191766)

Balance Sheet
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,698,665 1,795,978

CURRENT ASSETS
Debtors 5 1,412,896 1,549,174
Investments 6 685,226 618,635
Cash at bank 2,567,448 2,005,130
4,665,570 4,172,939
CREDITORS
Amounts falling due within one year 7 1,664,089 999,413
NET CURRENT ASSETS 3,001,481 3,173,526
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,700,146

4,969,504

CREDITORS
Amounts falling due after more than one
year

8

(184,895

)

(435,505

)

PROVISIONS FOR LIABILITIES 9 (396,615 ) (324,655 )
NET ASSETS 4,118,636 4,209,344

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 4,118,536 4,209,244
SHAREHOLDERS' FUNDS 4,118,636 4,209,344

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

ACCESS SOLUTIONS (SCAFFOLDING CONTRACTS)
LIMITED (REGISTERED NUMBER: SC191766)

Balance Sheet - continued
29 February 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 May 2024 and were signed on its behalf by:




Mr G Campbell - Director Mr D J Campbell - Director




Mrs C Campbell - Director Mr C J Lyon - Director


ACCESS SOLUTIONS (SCAFFOLDING CONTRACTS)
LIMITED (REGISTERED NUMBER: SC191766)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Access Solutions (Scaffolding Contracts) Limited is a private company, limited by shares , registered in Scotland. 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable in relation to the supply and erection of scaffolding, 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Tenant Improvements - 15% on cost
Office equipment - 25% on cost
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost

Basic financial instruments
Basic financial instruments, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost.

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.

ACCESS SOLUTIONS (SCAFFOLDING CONTRACTS)
LIMITED (REGISTERED NUMBER: SC191766)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Investments
Investments are carried in the financial statements at market value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 70 (2023 - 68 ) .

4. TANGIBLE FIXED ASSETS
Tenant Office Plant and
Improvements equipment machinery
£    £    £   
COST
At 1 March 2023 283,718 51,206 4,662,790
Additions - 5,666 422,041
Disposals - - -
At 29 February 2024 283,718 56,872 5,084,831
DEPRECIATION
At 1 March 2023 133,252 22,293 3,429,830
Charge for year 35,543 11,849 580,043
Eliminated on disposal - - -
At 29 February 2024 168,795 34,142 4,009,873
NET BOOK VALUE
At 29 February 2024 114,923 22,730 1,074,958
At 28 February 2023 150,466 28,913 1,232,960

ACCESS SOLUTIONS (SCAFFOLDING CONTRACTS)
LIMITED (REGISTERED NUMBER: SC191766)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS - continued

Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 March 2023 32,396 978,005 6,008,115
Additions 2,531 313,897 744,135
Disposals - (314,176 ) (314,176 )
At 29 February 2024 34,927 977,726 6,438,074
DEPRECIATION
At 1 March 2023 27,837 598,925 4,212,137
Charge for year 2,576 211,437 841,448
Eliminated on disposal - (314,176 ) (314,176 )
At 29 February 2024 30,413 496,186 4,739,409
NET BOOK VALUE
At 29 February 2024 4,514 481,540 1,698,665
At 28 February 2023 4,559 379,080 1,795,978

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 March 2023 761,463 462,901 1,224,364
Disposals - (231,805 ) (231,805 )
At 29 February 2024 761,463 231,096 992,559
DEPRECIATION
At 1 March 2023 568,116 376,377 944,493
Charge for year 79,449 28,002 107,451
Eliminated on disposal - (231,805 ) (231,805 )
At 29 February 2024 647,565 172,574 820,139
NET BOOK VALUE
At 29 February 2024 113,898 58,522 172,420
At 28 February 2023 193,347 86,524 279,871

ACCESS SOLUTIONS (SCAFFOLDING CONTRACTS)
LIMITED (REGISTERED NUMBER: SC191766)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 1,215,063 1,050,567
Other debtors 197,833 122,439
1,412,896 1,173,006

Amounts falling due after more than one year:
Other debtors - 376,168

Aggregate amounts 1,412,896 1,549,174

6. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Other investments 685,226 618,635

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 274,370 427,901
Trade creditors 970,313 518,641
Taxation and social security 227,648 44,324
Other creditors 191,758 8,547
1,664,089 999,413

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 184,895 435,505

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 396,615 324,655

ACCESS SOLUTIONS (SCAFFOLDING CONTRACTS)
LIMITED (REGISTERED NUMBER: SC191766)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 March 2023 324,655
Provided during year 71,960
Balance at 29 February 2024 396,615

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary Shares 1.00 100 100

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Access Solutions (Scaffolding Contracts)
Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Access Solutions (Scaffolding Contracts) Limited for the year ended 29 February 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Access Solutions (Scaffolding Contracts) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Access Solutions (Scaffolding Contracts) Limited and state those matters that we have agreed to state to the Board of Directors of Access Solutions (Scaffolding Contracts) Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Access Solutions (Scaffolding Contracts) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Access Solutions (Scaffolding Contracts) Limited. You consider that Access Solutions (Scaffolding Contracts) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Access Solutions (Scaffolding Contracts) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Signature
Oakfield House
378 Brandon Street
Motherwell
Lanarkshire
ML1 1XA


31 May 2024