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REGISTERED NUMBER: 02716715 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st December 2024

for

Cumbria Kendal Scaffolding Limited

Cumbria Kendal Scaffolding Limited (Registered number: 02716715)






Contents of the Financial Statements
for the Year Ended 31st December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cumbria Kendal Scaffolding Limited

Company Information
for the Year Ended 31st December 2024







DIRECTORS: J R Bowman
Mrs J L Bowman
G J Bowman





SECRETARY:





REGISTERED OFFICE: Croft Cottage
Hartley
Kirkby Stephen
Cumbria
CA17 4JJ





REGISTERED NUMBER: 02716715 (England and Wales)





ACCOUNTANTS: Noble Accountants ltd
Tarn Villa
Culgaith
Penrith
Cumbria
CA10 1QL

Cumbria Kendal Scaffolding Limited (Registered number: 02716715)

Balance Sheet
31st December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 224,656 176,684
224,656 176,684

CURRENT ASSETS
Stocks 19,903 16,579
Debtors 6 345,573 339,230
Cash at bank and in hand 516,725 544,865
882,201 900,674
CREDITORS
Amounts falling due within one year 7 199,395 227,413
NET CURRENT ASSETS 682,806 673,261
TOTAL ASSETS LESS CURRENT
LIABILITIES

907,462

849,945

PROVISIONS FOR LIABILITIES 56,164 44,171
NET ASSETS 851,298 805,774

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 851,198 805,674
SHAREHOLDERS' FUNDS 851,298 805,774

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Cumbria Kendal Scaffolding Limited (Registered number: 02716715)

Balance Sheet - continued
31st December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18th March 2025 and were signed on its behalf by:




J R Bowman - Director Mrs J L Bowman - Director




G J Bowman - Director


Cumbria Kendal Scaffolding Limited (Registered number: 02716715)

Notes to the Financial Statements
for the Year Ended 31st December 2024

1. STATUTORY INFORMATION

Cumbria Kendal 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of the business of the Cumbria Kendal Scaffolding partnership on incorporation is being written off over 10 years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Short leasehold property is depreciated evenly over the shorter of the term of the lease or the useful economic life of the asset.

Stocks
Contracted work in progress is valued at selling price and shown within sales in the profit & loss account and within trade debtors in the balance sheet in accordance with Urgent Issues Task Force Abstract 40.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


Cumbria Kendal Scaffolding Limited (Registered number: 02716715)

Notes to the Financial Statements - continued
for the Year Ended 31st December 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 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
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 15 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st January 2024
and 31st December 2024 162,000
AMORTISATION
At 1st January 2024
and 31st December 2024 162,000
NET BOOK VALUE
At 31st December 2024 -
At 31st December 2023 -

Cumbria Kendal Scaffolding Limited (Registered number: 02716715)

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

5. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and Motor
leasehold machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1st January 2024 42,928 887,384 17,097 132,085 1,079,494
Additions - 20,301 - 86,611 106,912
Disposals - - - (2,530 ) (2,530 )
At 31st December 2024 42,928 907,685 17,097 216,166 1,183,876
DEPRECIATION
At 1st January 2024 42,928 781,837 15,408 62,637 902,810
Charge for year - 31,462 422 26,373 58,257
Eliminated on disposal - - - (1,847 ) (1,847 )
At 31st December 2024 42,928 813,299 15,830 87,163 959,220
NET BOOK VALUE
At 31st December 2024 - 94,386 1,267 129,003 224,656
At 31st December 2023 - 105,547 1,689 69,448 176,684

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1st January 2024 35,739
Transfer to ownership (35,739 )
At 31st December 2024 -
DEPRECIATION
At 1st January 2024 30,968
Transfer to ownership (30,968 )
At 31st December 2024 -
NET BOOK VALUE
At 31st December 2024 -
At 31st December 2023 4,771

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 226,769 222,083
Other debtors 118,804 117,147
345,573 339,230

Cumbria Kendal Scaffolding Limited (Registered number: 02716715)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts - 1,702
Trade creditors 69,654 65,144
Taxation and social security 70,948 123,175
Other creditors 58,793 37,392
199,395 227,413

8. RELATED PARTY DISCLOSURES

During the year rent was charged to Cumbria Kendal Scaffolding Ltd by the Directors as follows:

20242023
£   £   
J R Bowmannilnil
G J Bowmannilnil


Cumbria Kendal Scaffolding Ltd has a loan outstanding to Lakeland Logistics Ltd. The balance at the year end is £99,540(2023: £92,419). G J Bowman is a director of both companies. Interest of £6,423 (2023:£6,754) was charged at base rate..

Director Loans
During the year the director loan account of Mr J R Bowman became overdrawn. The maximum amount the loan became overdrawn in the year was £42,273. The loan was repaid by a dividend declared on the 31st December 2024. Interest totalling £547 (2023 £650) was charged on the loan by Cumbria Kendal Scaffolding Ltd at the official rate of 2.25%.