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Company Registration No. 11309204 (England and Wales)
NK Scaffolding Limited Unaudited accounts for the year ended 30 April 2024
NK Scaffolding Limited Unaudited accounts Contents
Page
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NK Scaffolding Limited Company Information for the year ended 30 April 2024
Director
Nicholas Kent
Company Number
11309204 (England and Wales)
Registered Office
16 Wood View Brampton Huntingdon PE28 4FB
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NK Scaffolding Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
56,199 
74,210 
Current assets
Debtors
9,360 
24,781 
Cash at bank and in hand
4,051 
8,959 
13,411 
33,740 
Creditors: amounts falling due within one year
(55,428)
(55,494)
Net current liabilities
(42,017)
(21,754)
Total assets less current liabilities
14,182 
52,456 
Creditors: amounts falling due after more than one year
(28,387)
(35,295)
Net (liabilities)/assets
(14,205)
17,161 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(14,206)
17,160 
Shareholders' funds
(14,205)
17,161 
For the year ending 30 April 2024 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 July 2024 and were signed on its behalf by
Nicholas Kent Director Company Registration No. 11309204
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NK Scaffolding Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
NK Scaffolding Limited is a private company, limited by shares, registered in England and Wales, registration number 11309204. The registered office is 16 Wood View, Brampton, Huntingdon, PE28 4FB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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NK Scaffolding Limited Notes to the Accounts for the year ended 30 April 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
179,699 
30,950 
210,649 
Additions
1,044 
- 
1,044 
At 30 April 2024
180,743 
30,950 
211,693 
Depreciation
At 1 May 2023
126,326 
10,113 
136,439 
Charge for the year
13,596 
5,459 
19,055 
At 30 April 2024
139,922 
15,572 
155,494 
Net book value
At 30 April 2024
40,821 
15,378 
56,199 
At 30 April 2023
53,373 
20,837 
74,210 
2024 
2023 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Plant & machinery
463 
617 
- Motor vehicles
10,659 
14,212 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
5,415 
Trade debtors
5,730 
18,765 
Other debtors
3,630 
601 
9,360 
24,781 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
13,714 
4,147 
VAT
73 
- 
Obligations under finance leases and hire purchase contracts
12,126 
12,407 
Taxes and social security
- 
7,812 
Other creditors
- 
16,836 
Loans from directors
28,415 
13,192 
Accruals
1,100 
1,100 
55,428 
55,494 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
28,387 
25,029 
Obligations under finance leases and hire purchase contracts
- 
10,266 
28,387 
35,295 
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NK Scaffolding Limited Notes to the Accounts for the year ended 30 April 2024
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Transactions with related parties
As at the 30 April 2024 the company owed the director £28,415 (2023: the company owed the director £13,192).
10
Average number of employees
During the year the average number of employees was 2 (2023: 1).
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