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REGISTERED NUMBER: 12559228 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Spurway Scaffolding Limited

Spurway Scaffolding Limited (Registered number: 12559228)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Spurway Scaffolding Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: G Spurway





REGISTERED OFFICE: Building 6000 Langstone Technology Park
Langstone Road
Havant
Hampshire
PO9 1SA





REGISTERED NUMBER: 12559228 (England and Wales)





ACCOUNTANTS: AM-PM Accounting Solutions Limited
Building 6000
Langstone Technology Park
Langstone Road
Havant
Hampshire
PO9 1SA

Spurway Scaffolding Limited (Registered number: 12559228)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 53,566 35,615

CURRENT ASSETS
Debtors 5 98,763 110,847
Cash at bank 725 4,736
99,488 115,583
CREDITORS
Amounts falling due within one year 6 125,286 123,860
NET CURRENT LIABILITIES (25,798 ) (8,277 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

27,768

27,338

CREDITORS
Amounts falling due after more than one year 7 (12,609 ) (18,305 )

PROVISIONS FOR LIABILITIES (11,850 ) (6,927 )
NET ASSETS 3,309 2,106

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 3,209 2,006
SHAREHOLDERS' FUNDS 3,309 2,106

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

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

Spurway Scaffolding Limited (Registered number: 12559228)

Balance Sheet - continued
30 April 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 29 January 2025 and were signed by:





G Spurway - Director


Spurway Scaffolding Limited (Registered number: 12559228)

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

1. STATUTORY INFORMATION

Spurway 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.

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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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 - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 33% 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.

Spurway Scaffolding Limited (Registered number: 12559228)

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

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 May 2023 21,229 257 36,500 750 58,736
Additions 23,194 185 8,000 - 31,379
At 30 April 2024 44,423 442 44,500 750 90,115
DEPRECIATION
At 1 May 2023 10,125 51 12,420 525 23,121
Charge for year 6,860 78 6,416 74 13,428
At 30 April 2024 16,985 129 18,836 599 36,549
NET BOOK VALUE
At 30 April 2024 27,438 313 25,664 151 53,566
At 30 April 2023 11,104 206 24,080 225 35,615

Spurway Scaffolding Limited (Registered number: 12559228)

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

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 May 2023
and 30 April 2024 32,000
DEPRECIATION
At 1 May 2023 11,520
Charge for year 4,096
At 30 April 2024 15,616
NET BOOK VALUE
At 30 April 2024 16,384
At 30 April 2023 20,480

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 77,930 97,159
Amounts owed by group undertakings 20,833 10,388
Other debtors - 3,300
98,763 110,847

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Hire purchase contracts 6,400 6,400
Trade creditors 26,240 24,130
Taxation and social security 88,607 91,960
Other creditors 4,039 1,370
125,286 123,860

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Hire purchase contracts 12,609 18,305

8. RELATED PARTY DISCLOSURES

Included within Other Creditors is a loan balance totalling £2000, owed to Southern Projects Limited, a company owned by Mr G Spurway, a director. This loan was provided interest ,free and repayable on demand.

Spurway Scaffolding Limited (Registered number: 12559228)

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

9. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.