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REGISTERED NUMBER: 10812573 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

SUMMIT SCAFFOLD SOLUTIONS LIMITED

SUMMIT SCAFFOLD SOLUTIONS LIMITED (REGISTERED NUMBER: 10812573)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SUMMIT SCAFFOLD SOLUTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: J K Atkin
E J Hopkins
A Welsh





REGISTERED OFFICE: 13 Woodcutter Lane
Claybrooke Magna
United Kingdom
Leicestershire
LE17 5EP





REGISTERED NUMBER: 10812573 (England and Wales)





ACCOUNTANTS: AEH Accountancy Ltd
Church Farm
Main Street
Willey
Warwickshire
CV23 0SH

SUMMIT SCAFFOLD SOLUTIONS LIMITED (REGISTERED NUMBER: 10812573)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 656,500 474,951

CURRENT ASSETS
Debtors 5 301,468 115,061
Cash at bank 6,159 26,613
307,627 141,674
CREDITORS
Amounts falling due within one year 6 275,461 104,947
NET CURRENT ASSETS 32,166 36,727
TOTAL ASSETS LESS CURRENT
LIABILITIES

688,666

511,678

CREDITORS
Amounts falling due after more than one
year

7

72,816

101,216
NET ASSETS 615,850 410,462

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 615,847 410,459
615,850 410,462

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.

SUMMIT SCAFFOLD SOLUTIONS LIMITED (REGISTERED NUMBER: 10812573)

BALANCE SHEET - continued
30 JUNE 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 5 August 2024 and were signed on its behalf by:





A Welsh - Director


SUMMIT SCAFFOLD SOLUTIONS LIMITED (REGISTERED NUMBER: 10812573)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Summit Scaffold Solutions 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.

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 - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 25% 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
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 16 (2023 - 8 ) .

SUMMIT SCAFFOLD SOLUTIONS LIMITED (REGISTERED NUMBER: 10812573)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 July 2023 549,420 3,440 130,850 1,222 684,932
Additions 137,060 - 166,560 2,973 306,593
Disposals - - (16,800 ) - (16,800 )
At 30 June 2024 686,480 3,440 280,610 4,195 974,725
DEPRECIATION
At 1 July 2023 180,558 1,466 27,459 498 209,981
Charge for year 87,255 395 22,357 804 110,811
Eliminated on disposal - - (2,567 ) - (2,567 )
At 30 June 2024 267,813 1,861 47,249 1,302 318,225
NET BOOK VALUE
At 30 June 2024 418,667 1,579 233,361 2,893 656,500
At 30 June 2023 368,862 1,974 103,391 724 474,951

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 226,877 97,408
Other debtors 14,847 8,886
Directors' current accounts 46,941 -
VAT 12,803 8,767
301,468 115,061

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 22,867 29,067
Trade creditors 59,047 32,697
Tax 38,863 23,049
Other creditors 31,774 12,780
Directors' current accounts - 7,354
Accrued expenses 122,910 -
275,461 104,947

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 3,833 5,833
Other loans - 1-2 years 57,339 53,639
Hire purchase contracts 11,644 41,744
72,816 101,216