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REGISTERED NUMBER: 07746097 (England and Wales)















Viking Scaffolding (South East) Limited

Unaudited Financial Statements for the Year Ended 31 August 2024






Viking Scaffolding (South East) Limited (Registered number: 07746097)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Viking Scaffolding (South East) Limited

Company Information
for the Year Ended 31 August 2024







DIRECTOR: J E W Holdsworth





REGISTERED OFFICE: 235 City Way
Rochester
Kent
ME1 2TL





REGISTERED NUMBER: 07746097 (England and Wales)





ACCOUNTANTS: Aggarwal & Co Limited
Chartered Accountants
5 London Road
Rainham
Gillingham
Kent
ME8 7RG

Viking Scaffolding (South East) Limited (Registered number: 07746097)

Statement of Financial Position
31 August 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 208,171 260,643
Investments 5 50,050 50,050
258,221 310,693

CURRENT ASSETS
Inventories 21,136 -
Debtors 6 871,826 384,141
Cash at bank 180,693 926,838
1,073,655 1,310,979
CREDITORS
Amounts falling due within one year 7 201,782 300,154
NET CURRENT ASSETS 871,873 1,010,825
TOTAL ASSETS LESS CURRENT LIABILITIES 1,130,094 1,321,518

PROVISIONS FOR LIABILITIES 56,077 56,077
NET ASSETS 1,074,017 1,265,441

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 1,074,015 1,265,439
SHAREHOLDERS' FUNDS 1,074,017 1,265,441

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

Viking Scaffolding (South East) Limited (Registered number: 07746097)

Statement of Financial Position - continued
31 August 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 director and authorised for issue on 16 January 2025 and were signed by:





J E W Holdsworth - Director


Viking Scaffolding (South East) Limited (Registered number: 07746097)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Viking Scaffolding (South East) 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.

Income recognition
Income represents net invoiced sale of services, excluding value added tax. Income is recognised as and when the company becomes entitled to it, usually on rendering an invoice.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Improvements to property - Straight line over 10 years
Plant and machinery - 18% on reducing balance
Office equipment - 33% on cost

Investments in associates
Investments in associate undertakings are recognised at cost.

Inventories
Inventories are measured at the lower of cost and estimated selling price less costs to complete and sell.
In respect of work in progress and finished goods, cost includes an appropriate proportion of attributable overheads according to the stage of manufacture/completion.

Financial instruments
The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties. Basic financial instruments are recognised 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 statement of financial position date.


Viking Scaffolding (South East) Limited (Registered number: 07746097)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023 531,399
Additions 2,140
Disposals (13,011 )
At 31 August 2024 520,528
DEPRECIATION
At 1 September 2023 270,756
Charge for year 49,524
Eliminated on disposal (7,923 )
At 31 August 2024 312,357
NET BOOK VALUE
At 31 August 2024 208,171
At 31 August 2023 260,643

5. FIXED ASSET INVESTMENTS
Interest
in Other
associate investments Totals
£    £    £   
COST
At 1 September 2023
and 31 August 2024 50 50,000 50,050
NET BOOK VALUE
At 31 August 2024 50 50,000 50,050
At 31 August 2023 50 50,000 50,050

Viking Scaffolding (South East) Limited (Registered number: 07746097)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 131,020 51,628
Amounts owed by participating interests 718,494 249,950
Other debtors 22,312 82,563
871,826 384,141

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 17,458 17,789
Taxation and social security 69,538 200,971
Other creditors 114,786 81,394
201,782 300,154