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REGISTERED NUMBER: 09839677 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

INDIGO SCAFFOLDING LIMITED

INDIGO SCAFFOLDING LIMITED (REGISTERED NUMBER: 09839677)

Contents of the Financial Statements
for the Year Ended 30 June 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


INDIGO SCAFFOLDING LIMITED

Company Information
for the Year Ended 30 June 2024







DIRECTORS: D Shipton
M G Steele
K J Wheaton





REGISTERED OFFICE: Unit 14 Matching Airfield
Anchor Lane
Abbess Roding
Ongar
Essex
CM5 0JR





REGISTERED NUMBER: 09839677 (England and Wales)





ACCOUNTANTS: Allium Wood Limited
Chartered Certified Accountants
The Chestnuts
Brewers End
Takeley
Essex
CM22 6QJ

INDIGO SCAFFOLDING LIMITED (REGISTERED NUMBER: 09839677)

Balance Sheet
30 June 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 379,422 370,225

CURRENT ASSETS
Debtors 5 313,378 135,821
Cash at bank 1,556 74,887
314,934 210,708
CREDITORS
Amounts falling due within one year 6 (187,825 ) (173,163 )
NET CURRENT ASSETS 127,109 37,545
TOTAL ASSETS LESS CURRENT
LIABILITIES

506,531

407,770

CREDITORS
Amounts falling due after more than one
year

7

(329,460

)

(171,645

)

PROVISIONS FOR LIABILITIES (94,856 ) (43,261 )
NET ASSETS 82,215 192,864

CAPITAL AND RESERVES
Called up share capital 50 100
Capital redemption reserve 50 -
Retained earnings 82,115 192,764
82,215 192,864

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 29 November 2024 and were signed on its behalf by:





D Shipton - Director


INDIGO SCAFFOLDING LIMITED (REGISTERED NUMBER: 09839677)

Notes to the Financial Statements
for the Year Ended 30 June 2024


1. STATUTORY INFORMATION

Indigo Scaffolding Limited 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance and 10% on 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 7 ) .

INDIGO SCAFFOLDING LIMITED (REGISTERED NUMBER: 09839677)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 564,750
Additions 102,441
Disposals (61,209 )
At 30 June 2024 605,982
DEPRECIATION
At 1 July 2023 194,525
Charge for year 69,066
Eliminated on disposal (37,031 )
At 30 June 2024 226,560
NET BOOK VALUE
At 30 June 2024 379,422
At 30 June 2023 370,225

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 July 2023 111,919
Additions 17,240
At 30 June 2024 129,159
DEPRECIATION
At 1 July 2023 26,549
Charge for year 22,779
At 30 June 2024 49,328
NET BOOK VALUE
At 30 June 2024 79,831
At 30 June 2023 85,370

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 161,354 128,914
Amounts owed by group undertakings 135,911 -
Other debtors 16,113 6,907
313,378 135,821

INDIGO SCAFFOLDING LIMITED (REGISTERED NUMBER: 09839677)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 16,361 10,015
Hire purchase contracts (see note 8) 21,499 16,150
Trade creditors 54,351 22,897
Taxation and social security 5,772 12,890
Other creditors 89,842 111,211
187,825 173,163

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 9,641 19,909
Hire purchase contracts (see note 8) 54,674 60,044
Other creditors 265,145 91,692
329,460 171,645

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 21,499 16,150
Between one and five years 54,674 60,044
76,173 76,194

Non-cancellable operating leases
2024 2023
£    £   
Within one year - 5,293

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Other loans 261,087 114,066
Hire purchase contracts 76,173 76,194
337,260 190,260

The hire purchase creditors are secured against the fixed asset to which it relates.

The other loans are secured by means of personal guarantees from the directors, other than one loan of £169,395 which is secured by means of a fixed and floating charge against all of the property and undertakings of MK1 Scaffolding Limited, a company under the same control as Indigo Scaffolding Limited.