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REGISTERED NUMBER: 08548224 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

ZENITH SCAFFOLDING LIMITED

ZENITH SCAFFOLDING LIMITED (REGISTERED NUMBER: 08548224)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ZENITH SCAFFOLDING LIMITED

COMPANY INFORMATION
for the Year Ended 31 May 2024







DIRECTOR: I V Smith





REGISTERED OFFICE: 2nd Floor, Boulton House
17-21 Chorlton Street
Manchester
M1 3HY





REGISTERED NUMBER: 08548224 (England and Wales)





ACCOUNTANTS: Connaughton & Co
2nd Floor, Boulton House
17-21 Chorlton Street
Manchester
M1 3HY

ZENITH SCAFFOLDING LIMITED (REGISTERED NUMBER: 08548224)

BALANCE SHEET
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,691 2,254

CURRENT ASSETS
Debtors 5 365,543 252,000
Cash at bank 1,606 1,914
367,149 253,914
CREDITORS
Amounts falling due within one year 6 350,973 228,719
NET CURRENT ASSETS 16,176 25,195
TOTAL ASSETS LESS CURRENT
LIABILITIES

17,867

27,449

CREDITORS
Amounts falling due after more than one
year

7

(15,661

)

(25,780

)

PROVISIONS FOR LIABILITIES 8 (423 ) (428 )
NET ASSETS 1,783 1,241

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 10 1,782 1,240
SHAREHOLDERS' FUNDS 1,783 1,241

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

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

ZENITH SCAFFOLDING LIMITED (REGISTERED NUMBER: 08548224)

BALANCE SHEET - continued
31 May 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 20 February 2025 and were signed by:





I V Smith - Director


ZENITH SCAFFOLDING LIMITED (REGISTERED NUMBER: 08548224)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Zenith 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.

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 - 25% 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.

3. EMPLOYEES AND DIRECTORS

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

ZENITH SCAFFOLDING LIMITED (REGISTERED NUMBER: 08548224)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 June 2023
and 31 May 2024 40,000
DEPRECIATION
At 1 June 2023 37,746
Charge for year 563
At 31 May 2024 38,309
NET BOOK VALUE
At 31 May 2024 1,691
At 31 May 2023 2,254

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Other debtors 50,000 50,000
Directors' current accounts 70,043 -
Prepayments and accrued income 245,500 202,000
365,543 252,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 10,119 9,870
Trade creditors - 1,500
Tax 8,604 12,256
Social security and other taxes 2,339 4,898
Other creditors 328,061 197,911
Directors' current accounts - 484
Accrued expenses 1,850 1,800
350,973 228,719

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Bank loans - 1-2 years 10,542 10,119
Bank loans - 2-5 years 5,119 15,661
15,661 25,780

8. PROVISIONS FOR LIABILITIES
31.5.24 31.5.23
£    £   
Deferred tax 423 428

ZENITH SCAFFOLDING LIMITED (REGISTERED NUMBER: 08548224)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 May 2024

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 June 2023 428
Accelerated capital allowances (5 )
Balance at 31 May 2024 423

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
1 Ordinary £1 1 1

10. RESERVES
Retained
earnings
£   

At 1 June 2023 1,240
Profit for the year 21,542
Dividends (21,000 )
At 31 May 2024 1,782