Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-302023-10-01falseNo description of principal activity1512truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13733899 2023-10-01 2024-09-30 13733899 2022-10-01 2023-09-30 13733899 2024-09-30 13733899 2023-09-30 13733899 c:Director1 2023-10-01 2024-09-30 13733899 c:Director2 2023-10-01 2024-09-30 13733899 c:RegisteredOffice 2023-10-01 2024-09-30 13733899 d:PlantMachinery 2023-10-01 2024-09-30 13733899 d:PlantMachinery 2024-09-30 13733899 d:PlantMachinery 2023-09-30 13733899 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 13733899 d:MotorVehicles 2023-10-01 2024-09-30 13733899 d:MotorVehicles 2024-09-30 13733899 d:MotorVehicles 2023-09-30 13733899 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 13733899 d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 13733899 d:CurrentFinancialInstruments 2024-09-30 13733899 d:CurrentFinancialInstruments 2023-09-30 13733899 d:Non-currentFinancialInstruments 2024-09-30 13733899 d:Non-currentFinancialInstruments 2023-09-30 13733899 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 13733899 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 13733899 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 13733899 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 13733899 d:ShareCapital 2024-09-30 13733899 d:ShareCapital 2023-09-30 13733899 d:RetainedEarningsAccumulatedLosses 2024-09-30 13733899 d:RetainedEarningsAccumulatedLosses 2023-09-30 13733899 c:FRS102 2023-10-01 2024-09-30 13733899 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 13733899 c:FullAccounts 2023-10-01 2024-09-30 13733899 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 13733899 d:WithinOneYear 2024-09-30 13733899 d:WithinOneYear 2023-09-30 13733899 d:BetweenOneFiveYears 2024-09-30 13733899 d:BetweenOneFiveYears 2023-09-30 13733899 d:HirePurchaseContracts d:WithinOneYear 2024-09-30 13733899 d:HirePurchaseContracts d:WithinOneYear 2023-09-30 13733899 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-09-30 13733899 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-09-30 13733899 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure
Company registration number: 13733899







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 SEPTEMBER 2024


MBM SCAFFOLDING LIMITED






































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MBM SCAFFOLDING LIMITED
 


 
COMPANY INFORMATION


Directors
B Caswell 
M Caswell 




Registered number
13733899



Registered office
Suite 1 Pirton Grange Pirton Road
Shillington

Hitchin

SG5 3HB




Accountants
Menzies LLP
Chartered Accountants

Richmond House

Walkern Road

Stevenage

SG1 3QP





 


MBM SCAFFOLDING LIMITED
 



CONTENTS



Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 7

 


MBM SCAFFOLDING LIMITED
REGISTERED NUMBER:13733899



STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
806,037
555,425

  
806,037
555,425

Current assets
  

Debtors
 5 
372,647
824,703

Cash at bank and in hand
  
56,023
9,173

  
428,670
833,876

Creditors: amounts falling due within one year
 6 
(714,201)
(1,227,609)

Net current liabilities
  
 
 
(285,531)
 
 
(393,733)

Total assets less current liabilities
  
520,506
161,692

Creditors: amounts falling due after more than one year
 7 
(128,060)
(181,604)

Provisions for liabilities
  

Deferred tax
  
(65,971)
-

  
 
 
(65,971)
 
 
-

Net assets/(liabilities)
  
326,475
(19,912)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
326,375
(20,012)

  
326,475
(19,912)

Page 1

 


MBM SCAFFOLDING LIMITED
REGISTERED NUMBER:13733899


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 SEPTEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 11 March 2025.




M Caswell
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 


MBM SCAFFOLDING LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

MBM 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.
The presentation currency of the financial statements is the Pound Sterling (£).

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102 Section 1A, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The preparation of financial statements in compliance with FRS 102 Section 1A requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.
The following principal accounting policies have been applied:
 

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 


MBM SCAFFOLDING LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.5

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Plant and machinery
-
10% Straight line method
Motor vehicles
-
20% Straight line method

During the year to 30th September 2024, MBM Scaffolding Limited changed the method of depreciating its Plant & Machinery from 5%-33% on a straight-line basis to 10% on a straight-line basis as the revised method better reflects the entity's consumption of the assets over their useful lives and is consistent with the entity's replacement cycle.
The change in depreciation method is a change in accounting estimate and is accounted for in the period of the change and in subsequent periods.
The effect of the change in the current period on actual depreciation compared to expected depreciation was a reduction of £37,389 recognised in administrative expenses. 

Page 4

 


MBM SCAFFOLDING LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.7

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the reporting date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Statement of financial position.


3.


Employees

The average monthly number of employees, including directors, during the year was 15 (2023 - 12).


4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Total

£
£
£



Cost or valuation


At 1 October 2023
515,872
125,245
641,117


Additions
329,709
-
329,709



At 30 September 2024

845,581
125,245
970,826



Depreciation


At 1 October 2023
71,964
13,728
85,692


Charge for the year
54,048
25,049
79,097



At 30 September 2024

126,012
38,777
164,789



Net book value



At 30 September 2024
719,569
86,468
806,037



At 30 September 2023
443,908
111,517
555,425

Page 5

 


MBM SCAFFOLDING LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5.


Debtors

2024
2023
£
£



Trade debtors
346,470
551,776

Other debtors
20,564
122,538

Prepayments and accrued income
5,613
103,963

Deferred taxation
-
46,426

372,647
824,703



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
19,562
-

Other loans
-
25,000

Trade creditors
232,544
775,332

Amounts owed to connected companies
263,780
238,780

Other taxation and social security
15,646
12,757

Obligations under finance lease and hire purchase contracts
162,051
130,125

Other creditors
6,037
-

Accruals and deferred income
14,581
45,615

714,201
1,227,609



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
128,060
181,604

128,060
181,604


Page 6

 


MBM SCAFFOLDING LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

8.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
162,051
130,125

Between 1-5 years
128,060
181,604

290,111
311,729


9.


Commitments under operating leases

At 30 September 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
11,102
-

Later than 1 year and not later than 5 years
32,380
-

43,482
-


10.


Related party transactions

At the reporting date the company owed £173,780 (2023: £158,780) to Omega Environmental Services Limited and owed £90,000 (2023: £80,000) to 12 Bore Investments, companies under common control. The balance can be found within creditors due within one year. No interest is charged on these loans. 

 
Page 7