Company Registration No. 10060101 (England and Wales)
B & W Scaffolding Services Limited
Unaudited accounts
for the year ended 31 March 2024
B & W Scaffolding Services Limited
Unaudited accounts
Contents
B & W Scaffolding Services Limited
Statement of financial position
as at 31 March 2024
Tangible assets
54,764
86,216
Cash at bank and in hand
113,605
77,411
Creditors: amounts falling due within one year
(539,731)
(421,059)
Net current assets/(liabilities)
24,167
(8,812)
Total assets less current liabilities
78,931
77,404
Creditors: amounts falling due after more than one year
(6,638)
(11,603)
Called up share capital
1
1
Profit and loss account
72,292
65,800
Shareholders' funds
72,293
65,801
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 20 March 2025 and were signed on its behalf by
Mrs H L Bradley
Director
Company Registration No. 10060101
B & W Scaffolding Services Limited
Notes to the Accounts
for the year ended 31 March 2024
B & W Scaffolding Services Limited is a private company, limited by shares, registered in England and Wales, registration number 10060101. The registered office is Unit 3, Frederick Street, Walsall, West Midlands, WS2 9NJ.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line
Motor vehicles
25% straight line
Fixtures & fittings
25% straight line
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
B & W Scaffolding Services Limited
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
49,046
120,100
3,484
172,630
Additions
-
1,650
762
2,412
At 31 March 2024
49,046
121,750
4,246
175,042
At 1 April 2023
20,565
63,239
2,610
86,414
Charge for the year
10,473
22,981
410
33,864
At 31 March 2024
31,038
86,220
3,020
120,278
At 31 March 2024
18,008
35,530
1,226
54,764
At 31 March 2023
28,481
56,861
874
86,216
Amounts falling due within one year
Trade debtors
131,928
105,661
Other debtors
318,365
229,175
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,000
5,000
Trade creditors
372,343
351,146
Taxes and social security
115,601
6,662
Other creditors
9,673
13,667
Loans from directors
34,139
41,609
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Creditors: amounts falling due after more than one year
2024
2023
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Average number of employees
During the year the average number of employees was 10 (2023: 9).