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REGISTERED NUMBER: 10453016 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

JPS Scaffolding Solutions Ltd

JPS Scaffolding Solutions Ltd (Registered number: 10453016)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JPS Scaffolding Solutions Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mrs K Alleyne-Gray
C J Neale
J Shaw





REGISTERED OFFICE: 7 High Ridge
Cuffley
Potters Bar
Hertfordshire
EN6 4JH





REGISTERED NUMBER: 10453016 (England and Wales)





ACCOUNTANTS: Thornton Springer LLP
Chartered Accountants
67 Westow Street
London
SE19 3RW

JPS Scaffolding Solutions Ltd (Registered number: 10453016)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 926,614 357,284
Investments 6 - 616,400
926,614 973,684

CURRENT ASSETS
Debtors 7 184,191 195,092
Cash at bank and in hand 39,596 34,390
223,787 229,482
CREDITORS
Amounts falling due within one year 8 446,233 626,012
NET CURRENT LIABILITIES (222,446 ) (396,530 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

704,168

577,154

CREDITORS
Amounts falling due after more than one
year

9

(56,130

)

(72,440

)

PROVISIONS FOR LIABILITIES 10 (46,208 ) (38,324 )
NET ASSETS 601,830 466,390

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 12 601,730 466,290
SHAREHOLDERS' FUNDS 601,830 466,390

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

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

JPS Scaffolding Solutions Ltd (Registered number: 10453016)

Balance Sheet - continued
31 March 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 Board of Directors and authorised for issue on 19 March 2025 and were signed on its behalf by:





Mrs K Alleyne-Gray - Director


JPS Scaffolding Solutions Ltd (Registered number: 10453016)

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

1. STATUTORY INFORMATION

JPS Scaffolding Solutions 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.

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


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance and 12 to 35% Straight line

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
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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

JPS Scaffolding Solutions Ltd (Registered number: 10453016)

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

3. ACCOUNTING POLICIES - continued

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 7 ) .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 645,522
Additions 711,154
Disposals (35,450 )
At 31 March 2024 1,321,226
DEPRECIATION
At 1 April 2023 288,238
Charge for year 115,237
Eliminated on disposal (8,863 )
At 31 March 2024 394,612
NET BOOK VALUE
At 31 March 2024 926,614
At 31 March 2023 357,284

JPS Scaffolding Solutions Ltd (Registered number: 10453016)

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

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 April 2023 131,495
Additions 79,018
Disposals (35,450 )
At 31 March 2024 175,063
DEPRECIATION
At 1 April 2023 44,235
Charge for year 34,923
Eliminated on disposal (8,863 )
At 31 March 2024 70,295
NET BOOK VALUE
At 31 March 2024 104,768
At 31 March 2023 87,260

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2023 616,400
Reclassification/transfer (616,400 )
At 31 March 2024 -
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 616,400

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 175,894 177,700
Other debtors 8,297 17,392
184,191 195,092

JPS Scaffolding Solutions Ltd (Registered number: 10453016)

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

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 10,183 9,932
Hire purchase contracts 52,050 39,584
Trade creditors 16,132 31,189
Taxation and social security (29,959 ) 2,107
Other creditors 397,827 543,200
446,233 626,012

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 13,091 23,274
Hire purchase contracts 43,039 49,166
56,130 72,440

10. PROVISIONS FOR LIABILITIES
31.3.24 31.3.23
£    £   
Deferred tax 46,208 38,324

Deferred
tax
£   
Balance at 1 April 2023 38,324
Charge to Income Statement during year 7,884
Balance at 31 March 2024 46,208

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 ordinary £1 100 100

12. RESERVES
Retained
earnings
£   

At 1 April 2023 466,290
Profit for the year 135,440
At 31 March 2024 601,730