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REGISTERED NUMBER: 05910442











Unaudited Financial Statements

for the Year Ended 5 April 2024

for

PS Scaffolding Limited

PS Scaffolding Limited (Registered number: 05910442)






Contents of the Financial Statements
for the Year Ended 5 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PS Scaffolding Limited

Company Information
for the Year Ended 5 April 2024







DIRECTOR: Mr P Swales





REGISTERED OFFICE: The Granary
Bannial Flats
Guisborough Road
Whitby
North Yorkshire
YO21 1SQ





REGISTERED NUMBER: 05910442





ACCOUNTANTS: Wasley Chapman LLP
Chartered Accountants
5 Bobbies Bank
Whitby
North Yorkshire
YO21 1EF

PS Scaffolding Limited (Registered number: 05910442)

Balance Sheet
5 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 815,894 789,992

CURRENT ASSETS
Debtors 5 40,373 53,399
Cash at bank 1,268,885 1,045,628
1,309,258 1,099,027
CREDITORS
Amounts falling due within one year 6 112,620 117,406
NET CURRENT ASSETS 1,196,638 981,621
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,012,532

1,771,613

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,012,432 1,771,513
SHAREHOLDERS' FUNDS 2,012,532 1,771,613

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 2 December 2024 and were signed by:





Mr P Swales - Director


PS Scaffolding Limited (Registered number: 05910442)

Notes to the Financial Statements
for the Year Ended 5 April 2024

1. STATUTORY INFORMATION

PS Scaffolding Limited is a private company, limited by shares , registered in Not specified/Other. 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, 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 - 10% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

Hire purchase and leasing commitments
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

PS Scaffolding Limited (Registered number: 05910442)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 6 April 2023 582,836 329,957 16,050
Additions - 3,280 -
At 5 April 2024 582,836 333,237 16,050
DEPRECIATION
At 6 April 2023 - 167,925 7,749
Charge for year - 19,448 831
At 5 April 2024 - 187,373 8,580
NET BOOK VALUE
At 5 April 2024 582,836 145,864 7,470
At 5 April 2023 582,836 162,032 8,301

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 6 April 2023 75,170 12,170 1,016,183
Additions 68,759 - 72,039
At 5 April 2024 143,929 12,170 1,088,222
DEPRECIATION
At 6 April 2023 42,015 8,502 226,191
Charge for year 25,024 834 46,137
At 5 April 2024 67,039 9,336 272,328
NET BOOK VALUE
At 5 April 2024 76,890 2,834 815,894
At 5 April 2023 33,155 3,668 789,992

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 39,674 52,700
Prepayments 699 699
40,373 53,399

PS Scaffolding Limited (Registered number: 05910442)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 93,339 87,548
Social security and other taxes 1,607 2,916
VAT 15,605 25,649
Directors' loan accounts 1,275 495
Accrued expenses 794 798
112,620 117,406