Company Registration No. 09720066 (England and Wales)
INNERCITY SCAFFOLDING LIMITED
Unaudited accounts
for the year ended 31 August 2024
INNERCITY SCAFFOLDING LIMITED
Unaudited accounts
Contents
INNERCITY SCAFFOLDING LIMITED
Company Information
for the year ended 31 August 2024
Company Number
09720066 (England and Wales)
Registered Office
Unit 5, Schooner Park Schooner Court
Crossways Business Park
Dartford
Kent
DA2 6NW
United Kingdom
INNERCITY SCAFFOLDING LIMITED
Statement of financial position
as at 31 August 2024
Tangible assets
3,916,508
3,963,582
Inventories
583,420
241,279
Cash at bank and in hand
88,111
13,483
Creditors: amounts falling due within one year
(951,227)
(728,061)
Net current assets
409,432
186,144
Total assets less current liabilities
4,325,940
4,149,726
Creditors: amounts falling due after more than one year
(2,030,645)
(2,774,132)
Net assets
2,295,295
1,375,594
Called up share capital
100
100
Profit and loss account
2,295,195
1,375,494
Shareholders' funds
2,295,295
1,375,594
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 March 2025 and were signed on its behalf by
Matthew Phillips
Director
Company Registration No. 09720066
INNERCITY SCAFFOLDING LIMITED
Notes to the Accounts
for the year ended 31 August 2024
INNERCITY SCAFFOLDING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09720066. The registered office is Unit 5, Schooner Park Schooner Court, Crossways Business Park, Dartford, Kent, DA2 6NW, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
4,412,992
287,670
289,802
4,990,464
Additions
362,488
90,902
-
453,390
At 31 August 2024
4,775,480
378,572
289,802
5,443,854
At 1 September 2023
750,291
179,995
96,596
1,026,882
Charge for the year
402,519
49,644
48,301
500,464
At 31 August 2024
1,152,810
229,639
144,897
1,527,346
At 31 August 2024
3,622,670
148,933
144,905
3,916,508
At 31 August 2023
3,662,701
107,675
193,206
3,963,582
INNERCITY SCAFFOLDING LIMITED
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Trade debtors
689,128
659,443
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
351,955
-
Obligations under finance leases and hire purchase contracts
204,712
303,436
Trade creditors
394,560
424,625
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
2,030,645
2,774,132
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).