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Company Registration No. 06545378 (England and Wales)
ASM Scaffolding Services Limited Unaudited accounts for the year ended 30 April 2024
ASM Scaffolding Services Limited Unaudited accounts Contents
Page
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ASM Scaffolding Services Limited Company Information for the year ended 30 April 2024
Director
Alex Martin
Company Number
06545378 (England and Wales)
Registered Office
12-14 CLOTHIER ROAD BRISLINGTON BRISTOL BS4 5PS UNITED KINGDOM
Accountants
Vertical Consulting Ltd 18 Wellington Park Clifton Bristol Bristol BS8 2UT
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ASM Scaffolding Services Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
12,000 
15,000 
Tangible assets
665,734 
739,311 
Investment property
449,480 
449,480 
1,127,214 
1,203,791 
Current assets
Debtors
224,626 
187,170 
Cash at bank and in hand
23 
- 
224,649 
187,170 
Creditors: amounts falling due within one year
(348,492)
(293,039)
Net current liabilities
(123,843)
(105,869)
Total assets less current liabilities
1,003,371 
1,097,922 
Creditors: amounts falling due after more than one year
(366,244)
(435,440)
Provisions for liabilities
Deferred tax
(42,968)
(60,178)
Other provisions
(8,250)
- 
(51,218)
(60,178)
Net assets
585,909 
602,304 
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ASM Scaffolding Services Limited Statement of financial position as at 30 April 2024 (continued)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
585,908 
602,303 
Shareholders' funds
585,909 
602,304 
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 30 January 2025 and were signed on its behalf by
Alex Martin Director Company Registration No. 06545378
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ASM Scaffolding Services Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
ASM Scaffolding Services Limited is a private company, limited by shares, registered in England and Wales, registration number 06545378. The registered office is 12-14 CLOTHIER ROAD, BRISLINGTON, BRISTOL, BS4 5PS, UNITED KINGDOM.
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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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:
Land & buildings
Land - Not depreciated / Buildings over 50 years
Plant & machinery
20% on the reducing balance basis
Motor vehicles
20% on the reducing balance basis
Fixtures & fittings
20% on the reducing balance basis
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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
Inventories have been valued 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 a relevant proportion of overheads according to the stage of manufacturing/completion.
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ASM Scaffolding Services Limited Notes to the Accounts for the year ended 30 April 2024
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 May 2023
30,000 
At 30 April 2024
30,000 
Amortisation
At 1 May 2023
15,000 
Charge for the year
3,000 
At 30 April 2024
18,000 
Net book value
At 30 April 2024
12,000 
At 30 April 2023
15,000 
Intangible fixed assets are measured at cost less accumulated amortisation and any accumulated impairment losses.
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ASM Scaffolding Services Limited Notes to the Accounts for the year ended 30 April 2024
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2023
523,737 
621,734 
441,243 
1,586,714 
At 30 April 2024
523,737 
621,734 
441,243 
1,586,714 
Depreciation
At 1 May 2023
25,142 
542,013 
280,248 
847,403 
Charge for the year
4,732 
15,944 
52,901 
73,577 
At 30 April 2024
29,874 
557,957 
333,149 
920,980 
Net book value
At 30 April 2024
493,863 
63,777 
108,094 
665,734 
At 30 April 2023
498,595 
79,721 
160,995 
739,311 
6
Investment property
2024 
£ 
Fair value at 1 May 2023
449,480 
At 30 April 2024
449,480 
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
136,515 
96,101 
Accrued income and prepayments
17,119 
13,817 
Other debtors
70,992 
77,252 
224,626 
187,170 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
119,510 
97,210 
Obligations under finance leases and hire purchase contracts
32,427 
42,744 
Trade creditors
48,636 
4,357 
Taxes and social security
94,685 
113,122 
Other creditors
12,293 
18,664 
Accruals
7,361 
11,142 
Deferred income
33,580 
5,800 
348,492 
293,039 
9
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
324,422 
361,192 
Obligations under finance leases and hire purchase contracts
41,822 
74,248 
366,244 
435,440 
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ASM Scaffolding Services Limited Notes to the Accounts for the year ended 30 April 2024
10
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Alex Martin
Loan to A Martin
76,347 
- 
6,260 
70,087 
76,347 
- 
6,260 
70,087 
During the year the company loaned the above named director monies in respect of which interest was charged at the Official Rate of Interest. The balance of £70,087 ( 2023 - £76,347 ) was owed to the company at the year end and is disclosed within Other debtors.
11
Average number of employees
During the year the average number of employees was 16 (2023: 18).
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