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REGISTERED NUMBER: 04880510 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 August 2024

for

Total Network Scaffolding Ltd

Total Network Scaffolding Ltd (Registered number: 04880510)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Total Network Scaffolding Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTOR: Mr N C Benson





REGISTERED OFFICE: 29 Reddings Road
Cheltenham
Gloucestershire
GL51 6PA





REGISTERED NUMBER: 04880510 (England and Wales)





ACCOUNTANTS: ARC & Co. Accountants Limited
Northfield House
Shurdington Road
Bentham
Cheltenham
Gloucestershire
GL51 4UA

Total Network Scaffolding Ltd (Registered number: 04880510)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 24,958 13,945

CURRENT ASSETS
Debtors 5 23,522 11,322
Cash at bank 257,578 211,735
281,100 223,057
CREDITORS
Amounts falling due within one year 6 63,814 45,566
NET CURRENT ASSETS 217,286 177,491
TOTAL ASSETS LESS CURRENT
LIABILITIES

242,244

191,436

CREDITORS
Amounts falling due after more than one
year

7

(2,250

)

(5,250

)

PROVISIONS FOR LIABILITIES 8 (5,523 ) (2,650 )
NET ASSETS 234,471 183,536

CAPITAL AND RESERVES
Called up share capital 9 60 60
Retained earnings 10 234,411 183,476
SHAREHOLDERS' FUNDS 234,471 183,536

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.

Total Network Scaffolding Ltd (Registered number: 04880510)

Balance Sheet - 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 5 March 2025 and were signed by:





Mr N C Benson - Director


Total Network Scaffolding Ltd (Registered number: 04880510)

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

1. STATUTORY INFORMATION

Total Network Scaffolding Ltd 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
Motor vehicles - 25% 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

Total Network Scaffolding Ltd (Registered number: 04880510)

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

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 September 2023 83,823 20,995 873 105,691
Additions - 23,495 - 23,495
Disposals - (5,500 ) - (5,500 )
At 31 August 2024 83,823 38,990 873 123,686
DEPRECIATION
At 1 September 2023 80,891 10,333 522 91,746
Charge for year 733 8,539 116 9,388
Eliminated on disposal - (2,406 ) - (2,406 )
At 31 August 2024 81,624 16,466 638 98,728
NET BOOK VALUE
At 31 August 2024 2,199 22,524 235 24,958
At 31 August 2023 2,932 10,662 351 13,945

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 22,504 10,390
Prepayments 1,018 932
23,522 11,322

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 3,000 3,000
Trade creditors 517 -
Corporation tax 18,980 756
Social security and other taxes 6,269 1,962
VAT 7,273 4,280
Directors' current accounts 26,575 34,368
Accrued expenses 1,200 1,200
63,814 45,566

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Bank loans 2,250 5,250

8. PROVISIONS FOR LIABILITIES
31.8.24 31.8.23
£    £   
Deferred tax 5,523 2,650

Total Network Scaffolding Ltd (Registered number: 04880510)

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

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 September 2023 2,650
Charge to Income Statement during year 2,873
Balance at 31 August 2024 5,523

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
30 A Ordinary £1 30 30
30 B Ordinary £1 30 30
60 60

10. RESERVES
Retained
earnings
£   

At 1 September 2023 183,476
Profit for the year 74,935
Dividends (24,000 )
At 31 August 2024 234,411

11. RELATED PARTY DISCLOSURES

During the year the director, Mr N C Benson, made net withdrawals from his account of £7,793. The balance on his account at 31 August 2024 was £26,575 in credit (2023 - £34,368).

Also during the year Mr Benson received dividends from the company of £12,000 (2023 - £12,000).

12. ULTIMATE CONTROLLING PARTY

Mr N C Benson is the ultimate controlling party by virtue of his holding all of the company's issued, voting share capital.